It’s no secret that in many aspects, trust in institutions has degraded significantly in recent years. While many factors are contributing to the decline of trust, complex issues, the spread of misinformation and social media echo chambers have all made building (and maintaining) trust more difficult than ever. While trust is mission-critical for any business, for the energy sector, declining public trust has had perhaps an even more significant impact, threatening the very social licence [Read more]
Headlines
XI Technologies: September 2021 expiring land report for Alberta
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. XI Technologies looks at expiring land because it can provide useful business development intel for service companies and E&Ps alike. For service companies, expiring lands provide insight into where drilling activity is most [Read more]
Obsidian Energy provides operational update
Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our continued strong second half development program with two drilling rigs active in our Cardium asset and announce it has also extended Stephen Loukas' contract as Interim President and CEO to December 31, 2021. As a result of the solid execution and performance of our program combined with our focus on optimizing base volumes, we [Read more]
Hemisphere Energy commences fall drilling program
Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that it has commenced a three-well drilling program in the Atlee Buffalo G pool, in southeast Alberta. All three wells are being drilled from the same pad and are expected to be placed on production by mid-October. Hemisphere’s last drilling program was in 2019 when 11 wells were drilled into the pool, of which four were subsequently converted to [Read more]
i3 Energy PLC announces warrant exercise and share issuance
EASTLEIGH, UK - i3 Energy plc (AIM:I3E)(TSX:ITE) announces that certain of its Loan Noteholders have exercised warrants over 9,828,010 shares in the Company. Application will be made for these shares to be admitted to trading on AIM and are expected to be admitted on 17 September 2021. The Company now has in issue 1,101,252,776 ordinary shares of £0.0001 each. Shareholders may use this figure of ordinary shares as the denominator by which they are required to notify their interest in, or [Read more]
Tidewater Renewables announces closing of exercise of over-allotment option in connection with initial public offering
CALGARY, AB - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Company") (TSX: LCFS), today announced that, further to its recently completed initial public offering (the "Offering") of an aggregate of 10,000,000 common shares (the "Common Shares") at a price of $15.00 per Common Share (the "Offering Price"), Tidewater Renewables has issued an additional 735,000 Common Shares at the Offering Price pursuant to the over-allotment option granted by the Company to the Underwriters (as [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 Sep. 14 Field / Plant Operator (4th or 3rd Class Power Engineer) Roska DBO Grande Prairie Sep. 14 Project Engineer Tundra Engineering Inc. Cochrane Sep. [Read more]
Heavy crude differential widens in slow trade
Canadian heavy crude's discount to West Texas Intermediate (WTI) widened on Tuesday. Western Canada Select heavy blend crude for October delivery in Hardisty, Alberta last traded at $12.00 per barrel below the WTI benchmark, according to NE2 Canada Inc, widening from Monday's settlement of $11.70 a barrel below the benchmark. Traders remain focused on the expansion of Enbridge Inc's Line 3 pipeline, which will start to offer increased capacity from October. One industry source said market [Read more]
Canadian Gas Dialogues less than a month away
Natural Gas World (NGW), the global engagement and information platform for the natural gas value chain, said June 10 it will resume its Canadian Gas Dialogues conference - Innovation and Canada’s Natural Gas Value Chain: 21st Century Energy, 21st Century Opportunity – as a live event Sept. 29, 2021 at the Calgary Petroleum Club. Ahead of the live event, NGW will host a series of webinars targeting key components of Canada’s contribution to the global energy transition. The next in that [Read more]
Canadian First Nation demands Enbridge reroute gas pipeline after 2018 explosion
A Canadian First Nation in northern British Columbia said on Tuesday it was trying to force Enbridge Inc to reroute a natural gas pipeline off its reserve lands after the line exploded in 2018, causing residents to flee their homes. The Lheidli T'enneh First Nation has written to the Canadian federal and B.C. provincial governments, which grant pipeline rights of way, asking ministers to order Enbridge to reroute a 1.5 kilometer (0.9 mile) section of its T-South pipeline network that crosses [Read more]