CALGARY, Sept. 27, 2017 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX:PONY) is pleased to announce a key addition to the Painted Pony executive leadership team with the upcoming appointment of Mr. Rick Kessy as Chief Operating Officer. Effective October 1, 2017, Mr. Kessy will oversee all aspects of the Corporation's well activities and field operations, including drilling and well completion operations, production facilities and infrastructure, and production [Read more]
Headlines
‘A huge boon:’ Alberta town hopes to pull new kind of energy from old gas well
EDMONTON - An Alberta town is planning to pull a different kind of energy from the abandoned oil and gas wells that ring its outskirts. Hinton, west of Edmonton on the edge of the Rocky Mountains, is teaming up with academic researchers and the private sector to install what may be Canada's first geothermal heating system in its downtown core. And some say it could change the ground rules for industry all over Alberta. "It would be a huge boon for the economy of this [Read more]
Encana delivers new Montney plant ahead of schedule; company continues to outperform five-year plan
CALGARY, Alberta, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Encana (TSX:ECA) (NYSE:ECA) successfully started up the Tower processing plant ahead of schedule and under budget on September 20. The plant is the first of three Veresen Midstream facilities that support Encana's condensate-focused growth plan in the Montney. The Tower facility is in the process of ramping up. The two other new plants, Sunrise and Saturn, are also ahead of schedule and under budget with Sunrise expected to start up by [Read more]
Outstanding Duvernay Potential Available for Farm-in
Available for farm-in, a section of Crown P. & N.G. rights (Base Mannville to basement) located in the heart of high OOIP (AER/AGS Open file Report “Hydrocarbon Resource Potential of the Duvernay Formation in Alberta – Update” July 2017) with over 20 million barrels per section. With considerable open Crown available, these lands are ideally located for a well timed with a Crown posting. Contact Paul at jolifou@telusplanet.net. Paul M. Gagnon President Joli Fou Petroleums [Read more]
Veresen Announces Start-Up of Tower Rich Gas Processing Plant and Expects Remaining Processing Plants Currently Under Construction In-Service by Year-End
CALGARY, ALBERTA--(Marketwired - Sept. 27, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce the successful start-up of the Tower rich gas processing plant on September 20, 2017, ahead of schedule and under budget. The Tower processing plant has the capacity to process 200 mmcf/d of natural gas, and is the first of three Veresen Midstream facilities that support Cutbank Ridge Partnership's ("CRP") condensate-focused growth plan in the Montney in the Dawson region of Northeast [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. Sep. 26 Production Engineering Internship Student ARC Resources Calgary Sep. 26 Engineering Team Lead STEP Energy Services San Antonio Sep. 26 Production Accountant - Junior Bellatrix Exploration [Read more]
Duvernay field holds Canada’s biggest shale oil reserves -regulator
The Duvernay field in Canada's western province of Alberta holds the country's largest marketable reserves of light shale oil and condensate, according to a new report from the national energy regulator. It is the first time the National Energy Board has done a detailed study of reserves in the 130,000 square kilometer (50,193 square mile) Duvernay play, which covers around 20 percent of Alberta, Canada's main crude-producing province. The NEB report showed the Duvernay holds 3.4 billion [Read more]
Kinder Morgan Canada ordered to stop some work on pipeline expansion
Canada's energy regulator has ordered Kinder Morgan Canada Ltd to stop some work on its Trans Mountain pipeline expansion, after a public company blog post showed it had been conducting activities that had "not yet been approved." In a letter sent on Friday, the National Energy Board (NEB) said Kinder Morgan has started work along the pipeline portion of the project, which the company is not yet allowed to do, and that it has to stop. The letter was filed to the NEB's website. Kinder [Read more]
U.S. crude exports to Asia may shake up global oil pricing
The great disruptor that is U.S. shale oil is coming to Asia, as refiners in the energy-hungry region look to expand and diversify their sources of crude, and the consequences will likely go well beyond a shift in oil trade flows. It should come as no surprise that rising oil output in the United States would find its way to the region that is the world's fastest-growing consumer of the fuel, but perhaps the rapid pace of the shift has caught some in the market off-guard. Crude oil exports [Read more]
Minnesota public hearings begin for Enbridge’s $6.5 bln oil pipe expansion
Regulatory hearings for Enbridge Inc's C$8.2 billion ($6.5 billion) Line 3 crude oil pipeline upgrade will begin on Tuesday in the U.S. state of Minnesota, which presents the last hurdle for the biggest project by North America's top pipeline operator. Until mid-November, the Minnesota Public Utilities Commission will hear from groups including landowners, aboriginals and environmentalists, many of whom fiercely oppose the project, while the energy industry supports it. The commission is [Read more]