NEW YORK--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will hold an Analyst and Investor Meeting today to outline the company’s 2018-2020 operating plan and strategy for long-term value creation. The three-year plan averages annual capital expenditures of $5.5 billion, based on a flat real West Texas Intermediate (WTI) price of $50 per barrel, and targets strong performance on several value-oriented metrics, including: Greater than 20 percent cash return on capital employed (CROCE) by [Read more]
Headlines
Harsh Conditions & Limited Resources Don’t Slow Down Road & Pad Construction
Alberta’s Oil Sands operators have capitalized on the GEOWEB system’s ‘cellular confinement’ technology to help them overcome the challenges they face when building access roads and drill pads in one of Canada’s harshest regions. Transporting construction, drilling and completions equipment with heavy wheel loads (typical loads exceeding 125,000 lbs) is extremely challenging over the soft, wet ground (thick muskeg and saturated clays) typical of this region—not to mention working through the [Read more]
Tamarack Valley Energy Ltd. Announces Record 2017 Third Quarter Results and Increased 2017 Capital
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Tamarack Valley Energy Ltd. (TSX:TVE) (“Tamarack” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2017. Selected financial and operational information is set out below and should be read in conjunction with Tamarack’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2017 and related management’s [Read more]
Encana reports third quarter results; company firmly on track to meet or beat 2017 deliverables in a transformational year
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Encana’s (TSX:ECA) (NYSE:ECA) performance through the third quarter, coupled with significant oil and condensate growth through October in the Permian and Montney, reflects the strong execution of its strategy and five-year plan. Driven by innovation, low costs and a higher value production mix, Encana expects to grow its non-GAAP corporate margin to around $11 per barrel of oil equivalent (BOE) in 2017. The company is firmly on track to meet [Read more]
Katalyst Data Management Launches Subsurface Data Consulting Services in Calgary
New option for geoscience data owners seeking data management support CALGARY (November 8, 2017) – Katalyst Data Management announced today the launch of their seismic and well data management consulting service to support the oil and gas industry in Calgary. Katalyst has identified a need arising from the current market environment for reliable, professional and vetted data management services to improve a client’s data access, speed and accuracy, ensure compliance and minimize corporate [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. Nov. 2 Engineering Manager RMP Energy Calgary Nov. 7 HSE Administrator - Field Based Canyon Technical Services Fort St. John Nov. 7 Manager, Corporate Planning Long Run Exploration Ltd. Calgary Nov. [Read more]
Cardinal Energy Ltd. Announces Third Quarter 2017 Results
CALGARY, Alberta, Nov. 07, 2017 (GLOBE NEWSWIRE) -- (TSX:CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended September 30, 2017. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2017, will be available on the System for Electronic Document Analysis and Retrieval ("Sedar") at www.sedar.com and on Cardinal's website at [Read more]
Keyera Announces North Wapiti Pipeline System
CALGARY, Nov. 7, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced plans to construct the North Wapiti Pipeline System (the "Pipeline System"), providing critical infrastructure and services to producers developing the Montney north of the Wapiti River. The Pipeline System extends the capture area of Keyera's recently approved Wapiti Gas Gathering and Processing Complex (the "Wapiti Gas Plant") and includes a 12-inch sour gas gathering pipeline, an 8-inch condensate and water [Read more]
Keyera Corp. Announces Third Quarter 2017 Results
CALGARY, Nov. 7, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its third quarter 2017 results today, the highlights of which are included in this news release. The entire press release can be viewed by visiting Keyera's website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera's website or the System for Electronic Document Analysis and Retrieval at www.sedar.com. HIGHLIGHTS In the third quarter of 2017, Keyera delivered net earnings [Read more]
Surge Energy Inc. Announces Third Quarter 2017 Results
CALGARY, Nov. 7, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended September 30, 2017. Surge's low risk, development drilling and waterflood results at the Company's Sparky, Shaunavon and Valhalla core areas continue to exceed managements budgeted expectations. Production averaged 15,007 boepd in Q3 2017 - approximately two percent above budget – with only a small contribution from Surge's recently [Read more]