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. 4 Class 3 Truck Drivers Roska DBO Fort St. John Sep. 4 Class 1 Truck Drivers Roska DBO Grande Prairie Sep. 4 Service Administrator Roska DBO Grande [Read more]
Headlines
Freehold Royalties Ltd. announces resignation of president and chief executive officer
CALGARY, Alberta, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces that Thomas Mullane, President and Chief Executive Officer of the Company, has resigned effective as of today. David Spyker, Chief Operating Officer, has been appointed to the role of Interim President and Chief Executive Officer during the formal process of identifying a permanent Chief Executive Officer. Mr. Mullane joined Freehold in July 2012 and was appointed President [Read more]
Heavy discount narrows after Suncor cuts production outlook
Canadian heavy crude's discount versus West Texas Intermediate (WTI) tightened on Tuesday to the narrowest level since mid-July, after major producer Suncor Energy reduced its full-year production guidance, tightening supplies. Western Canada Select (WCS) heavy blend crude for October delivery in Hardisty, Alberta, traded at $7.60 per barrel below WTI, according to NE2 Canada Inc. It settled on Friday at $8.70 under. Production outages and oil sands maintenance are limiting supplies and [Read more]
Obsidian Energy announces intention to launch exchange offer for Bonterra Energy
Creates a Cardium Champion with enhanced scale and relevance Accretive across all equity metrics resulting in significant per share value appreciation to the benefit of both Obsidian Energy and Bonterra shareholders Stabilize balance sheets, reduce debt and improve access to capital Up to C$100 million expected in identified financial, operational and other synergies over the first three years A far superior outcome compared to what either Obsidian Energy or Bonterra could achieve on a [Read more]
Cleaner LNG one answer to climate change crisis, O’Regan tells investors
OTTAWA - Natural Resources Minister Seamus O'Regan is making a pitch to global energy investors that Canadian LNG is their best choice to invest in sustainable and competitive natural gas production. His speech at the virtual Gastech 2020 conference today comes a little more than two weeks before Prime Minister Justin Trudeau is set to unveil his promised "ambitious green agenda" in a throne speech laying out his government's COVID-19 economic recovery plan. In his speech, O'Regan hints at [Read more]
The City of Medicine Hat – non-operated unit interest divestiture
The City of Medicine Hat (the “City”) has engaged Sayer Energy Advisors to assist the City with the sale of its non-operated interest in the Medicine Hat Glauconitic “C” East Unit (the “Property”). In the Medicine Hat area of Alberta, the City holds a 27.6263% working interest in the Medicine Hat Glauconitic “C” East Unit operated by Enerplus Corporation. The Unit produces heavy oil, 14-18° API, under waterflood and localized polymer injection. Currently eleven sections are under waterflood [Read more]
Oil falls after Saudi cuts prices, China slows imports
Oil prices fell on Monday after Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and as uncertainty over Chinese demand clouds the market’s recovery. West Texas Intermediate U.S. crude fell $2.41, or 6.17%, to $36.65 per barrel, its lowest since July 10. Brent crude was trading at $39.80 a barrel, down $2.24 or 5.38%, its lowest since July 30. “The mood has turned somewhat pessimistic in the second half of last week and the immediate risk is skewed to [Read more]
Hillcrest to Delist from the TSXV and Apply for Listing on the CSE
September 8, 2020 - Vancouver, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF), announces that the Company anticipates applying to the TSX Venture Exchange (the "TSXV") to delist its common shares (the "Shares"), and that the Company intends to apply to list its Shares on the Canadian Securities Exchange (the "CSE"). The Company believes listing the Shares on the CSE will deliver additional value to the shareholders as a result of the Company being subject [Read more]
Zargon Oil & Gas Ltd. announces notice of intention to make a proposal to its creditors
CALGARY, Alberta - Zargon Oil & Gas Ltd. (the "Company" or "Zargon") announces that its board of directors has authorized the Company to file a Notice of Intention to Make a Proposal ("Notice of Intention") to its creditors under the provisions of Part III, Division I of the Bankruptcy and Insolvency Act (Canada) (the "BIA"). Pursuant to the Notice of Intention, MNP Ltd. ("MNP") has been appointed as the trustee in the Company's proposal proceedings and will assist the Company in its [Read more]
Suncor Energy provides operational and 2020 guidance update
All financial figures are in Canadian dollars. CALGARY, Alberta - Following the August 14 incident at its Base Plant operations, in light of identified performance improvement opportunities at its Firebag operation, and bringing on the second train of production at Fort Hills, Suncor is today providing an operational update and revised 2020 guidance. On August 16, 2020, Suncor reported it had experienced a fire at the secondary extraction facilities of its Base Plant mine. On August 29th, [Read more]