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 Nov. 2 Senior Pipeline Project Engineer PetroChina Canada Calgary Nov. 2 Field Operator Roska DBO Fort St. John Oct. 31 Manager, Risk Financing TC [Read more]
Headlines
Keyera announces 2020 third quarter results
CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced its 2020 third quarter financial results today, the highlights of which are included in this news release. The entire news 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 Keyera's filings on SEDAR at www.sedar.com. HIGHLIGHTS Keyera delivered solid financial results in the third quarter even though the global economy and [Read more]
Surge Energy Inc. announces third quarter financial and operating results
CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has received lender approvals for a total of $90 million in new credit commitments to the Company, subject to final documentation. These commitments include: a new term loan facility (the "Term Facility") led by the Business Development Bank of Canada ("BDC") in partnership with the Company's syndicate of lenders (the "Syndicate"), for a non-revolving facility of $40 million with [Read more]
Heavy discount widens as supply increases
Canadian heavy crude's discount versus West Texas Intermediate (WTI) widened on Tuesday as producers gradually increased output. Western Canada Select (WCS) heavy blend crude for December delivery in Hardisty, Alberta, traded at $9.60 per barrel below WTI, according to NE2 Canada Inc. It settled on Monday at $9.35 under. Rising crude production in Alberta is expected to modestly widen heavy differentials into the end of the year and early 2021, but demand from U.S. Gulf refiners has also [Read more]
Waterous Energy Fund to bid $126 million to increase Osum Oil Sands stake to 85%
Calgary-based Waterous Energy Fund says it intends to launch a formal takeover bid for private junior oilsands producer Osum Oil Sands Corp. to raise its ownership stake to 85%. The private fund is offering to buy to 52.5 million of Osum's common shares, about 40% of the total, for $2.40 per share or $126 million. The fund established in 2017 and headed by CEO Adam Waterous bought 45% of the shares last July for the same price from Osum's three largest shareholders. If the takeover [Read more]
Oil prices extend rally on U.S. election day
Oil prices extended their rally on U.S. election day with a 3% gain as financial markets staged a broad recovery, but concerns over surging coronavirus cases around the world capped further gains. U.S. West Texas Intermediate (WTI) crude futures were up $1.13, or 3.1%, to $37.94 a barrel. Brent crude futures rose $1.13, or 2.9% to $40.10 a barrel at 1138 GMT on Tuesday. Both benchmarks gained nearly 3% on Monday. “The jump has borne all the hallmarks of a massive, logical and even [Read more]
How does the Cenovus-Husky merger affect the industry moving forward?
In one of the strangest and most arduous of years for the oil and gas industry, the recent Cenovus-Husky merger is a multi-faceted deal that will have ramifications for years to come in the Canadian landscape. This deal is several years in the making, according to Husky Energy president and CEO Robert Peabody. It could also potentially offer the opportunity to attract investments as a bigger and more unified company. Cenovus expects to see $1.2 billion in savings, and after this deal, will [Read more]
Prospect generating company has Duvernay Oil Prospect for sale in the Golden Spike area
Highlights 16,640 Acres (26 Sections) 100% Working Interest No Encumbrances 4 year term (2024) Crown Royalty Holiday Thermal Maturity from core (Tmax) of 444 TOC wt% 9.86 Located in the oil window 40m to 50m thick Top and bottom Seals Anticipated to be over pressured Hybrid Shale/Carbonate Reservoir Drill depth of 2,000m allows for drilling cost savings and improved economics Click image for full Presentation For inquiries, please contact Andy [Read more]
International Petroleum Corporation third quarter 2020 financial results and sustainability report
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis for the nine months ended September 30, 2020. IPC also announces the release of its first Sustainability Report, which details the Corporation's environmental, social, and governance ("ESG") performance. Business Update Forecast 2020 net average production revised upwards to over 41,000 barrels of [Read more]
Gibson Energy announces 2020 third quarter results
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. announced today its financial and operating results for the three and nine months ended September 30, 2020. “In what remains a challenging environment for our industry, the resilient nature of our Infrastructure segment’s long-term, contracted cash flows continued to underpin our strong quarterly operating and financial results as well as our solid financial position,” said Steve [Read more]