Access to Energy Resources Is Never Easy. Energy sites are often located in remote and difficult to access locations with undeveloped roads, poor soil conditions and limited road building resources—and in environments with extreme temperatures and weather conditions. For over 35 years, energy companies have relied on Presto’s GEOWEB® 3D soil confinement system for building access roads and pads year round to their oil & gas, wind and mining sites—even in some of the toughest site and [Read more]
Headlines
Canadian drillers moving rigs south to chase better prospects in Texas oilfields
CALGARY - A growing number of Canadian drilling rigs are being moved south of the border to take advantage of brighter prospects for oil and gas in the United States — and observers say it's unlikely they will ever return home. A week ago, Calgary-based Akita Drilling Ltd. announced it would enter the U.S. market by moving a rig from Western Canada into the prolific Permian Basin in West Texas. It said it is looking at moving more rigs south. Meanwhile, Calgary-based Trinidad [Read more]
Suncor Energy implements first commercial fleet of autonomous haul trucks in the oil sands
CALGARY, ALBERTA--(Marketwired - Jan. 30, 2018) - Suncor today announced it will proceed with the phased implementation of autonomous haulage systems (AHS) at company-operated mines, starting with the North Steepbank mine. Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous vehicles in the world. Following thorough evaluations over the past four years, the company [Read more]
BlackPearl Announces Onion Lake Construction Update, Provides Q4 Production Data and 2017 Year-End Reserves and Contingent Resource Estimates
CALGARY, ALBERTA--(Marketwired - Jan. 30, 2018) - BlackPearl Resources Inc. ("we", "our", "us", "BlackPearl" or the "Company") (TSX:PXX) (OMX:PXXS) is pleased to provide a construction update on its Onion Lake thermal expansion project and Q4 2017 production information, as well as, announce the results of its 2017 independent year-end oil and gas reserve and resource evaluation. Highlights and accomplishments included: Construction of the Phase 2 expansion of the Onion Lake thermal [Read more]
Emerald Bay Provides Update on Kuhn Wells
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has completed the initial phase of production testing on the Kuhn 4 well at the Company's Wooden Horse project in Southwest Texas. This phase involved perforating only a one foot interval in the Buda formation in order to test the inflow of oil and the potential inflow of formation water. The well has been producing a continuous oil cut for twenty one [Read more]
Connacher Announces Bitumen Royalty Transaction, Full Repayment of Interim Revolving Credit Facility and Extension of CCAA Stay
CALGARY, Jan. 30, 2018 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") is pleased to announce that it has received approval from the Court of Queen's Bench of Alberta (the "Court") in its proceedings under the Companies' Creditors Arrangement Act ("CCAA") to grant a bitumen royalty to Burgess Energy Holdings, L.L.C. ("Burgess") on all of the lands (the "Royalty Lands") containing bitumen together with the oil sands rights and interests owned by Connacher (the "Royalty") for [Read more]
B.C. creates more uncertainty for Trans Mountain with bitumen restriction
CALGARY - The B.C. government has launched its latest effort to hinder development of Kinder Morgan Inc.'s Trans Mountain expansion project with a proposal to at least temporarily restrict increases in diluted bitumen shipments. Environment Minister George Heyman said Tuesday that the province plans to ban the increase of oil exports until it can determine through an advisory panel that shippers are prepared and able to properly clean up a spill. "Our proposal is to restrict the [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jan. 29 Plant Operator Roska DBO Fort St. John Jan. 26 Sales Representative High Arctic Energy Services Grande Prairie Jan. 26 Snubbing Personnel High Arctic [Read more]
Corporate Divestiture: Centennial Petroleum Company Ltd.
Sayer Energy Advisors has been engaged to assist Centennial Petroleum Company Ltd. (“Centennial” or the “Company”) with a strategic alternatives process. Potential outcomes include, but are not limited to, a sale of the shares of the Company, a sale of the assets of the Company, or a business combination with another entity, private or public. Any and all other forms of consideration will be entertained. Centennial is a private, junior exploration and development company which holds mainly [Read more]
Crude Observations: Canada’s oilpatch not out of the woods yet despite better oil and gas prices
This is one of those weeks where there was a lot of stuff getting under my skin or poking at me. Irritatingly tapping me on the shoulder to the point where I almost felt the need to turn around and scream “What!?!?!?!” until I realized of course that my co-workers might very well have me committed! That little voice in the back of my head was pretty insistent, but not overbearing and what it kept repeating over and over was the same phrase – “we’re not out of the woods yet, eh?” Yes I know [Read more]