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Headlines

FOR SALE: Five Turnkey Injection/Disposal Pump Packages

February 13, 20205:53 AM BOE Report Staff

Below are five COMPETETIVELY PRICES and RAPIDLY DEPLOYABLE pump package options curated by Crusader Joint Ventures. All are READY TO SHIP in as little as one week!  Ranging from 30HP to 200HP (see performance charts) and stored in Central Alberta for easy inspection (explore the 360º virtual tours). Purchase and rent-to-own options available. #1 – 200HP Sour Water Injection Pump Package             A first-class pump package, that ran for [Read more]

XI Technologies: February webinars to offer insights into environment liability management.

February 13, 20205:48 AM XI Technologies

XI Technologies is hosting two free webinars in January to address common questions when it comes to asset retirement obligations. These webinars will be 45 minutes each and will demonstrate how ARO Manager helps users with a built-in, industry-recognized cost model and the differences between using ARO vs using LLR numbers in your environmental liability management. Webinar : Creating a Standardized ARO Cost Model Time:    10:00am – 10:45am MST Date:     Thursday, February 20, 2020 Click [Read more]

Column: Business tax cut is the right way to get Albertans back to work

February 13, 20205:34 AM Franco Terrazzano0 Comments

Good things happen when politicians let entrepreneurs keep more of their money to reinvest in growing their business and increasing job opportunities. Albertans are starting to see positive signs from Premier Jason Kenney’s smart decision to lower business taxes. The Canadian Association of Petroleum Producers recently announced that it expects investment in the oil and natural gas industry to increase by about $2 billion this year. This is expected to create or sustain more than 8,000 jobs [Read more]

Canadian Natural Resources Column Energy East Northern Gateway

TC Energy reports record 2019 financial results

February 13, 20205:30 AM Globe Newswire

TC Energy

Increases common share dividend by 8 per cent CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 [Read more]

Keystone XL Montney TC Energy

TC Energy announces $1.3 billion of system expansions to connect Western Canadian Sedimentary Basin supply to incremental market demand

February 13, 20205:00 AM Globe Newswire

TC Energy

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that it has approved two new expansion projects totaling $1.3 billion on its wholly-owned natural gas pipeline systems. The $0.9 billion 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian Sedimentary Basin (WCSB) to markets within Alberta on the NOVA Gas Transmission Ltd. (NGTL) System, while the US$0.3 billion Alberta XPress [Read more]

TC Energy

Pine Cliff Energy Ltd. Announces 2019 Year-End Reserves and 2020 Guidance

February 12, 20205:17 PM TMX Newsfile

Pine Cliff Energy

Calgary, Alberta--(Newsfile Corp. - February 12, 2020) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff", or the "Company") is pleased to announce 2019 year-end reserves and 2020 guidance. Reserve Report Highlights Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2019. Pine Cliff [Read more]

Pine Cliff

Bonterra Energy Corp. Announces Fully-Funded 2020 Budget, 2019 Reserves Information and 2019 Operational Highlights

February 12, 20205:00 PM CNW

Bonterra Energy

CALGARY, Feb. 12, 2020 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") today announces that the Company's Board of Directors has approved an initial 2020 capital budget set at approximately $70 million, while also sharing key operational highlights from 2019, and providing the summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, [Read more]

Bonterra Energy Cardium Enbridge Keystone XL

Manitoba government seeking injunction against rail blockade outside Winnipeg

February 12, 20204:28 PM The Canadian Press0 Comments

WINNIPEG - The Manitoba government is going to seek a court injunction to end a rail-line blockade west of Winnipeg. The blockade is one of many protests across the country over a Coastal GasLink natural gas pipeline in northern British Columbia that would cross the traditional territory of the Wet'suwet'en First Nation. Protesters uploaded video on social media showing the Winnipeg blockade stopping trains in both directions on a main east-west Canadian National line. Premier Brian [Read more]

Horgan says pipeline protests at legislature left him ‘despondent’

February 12, 20204:13 PM The Canadian Press0 Comments

VICTORIA - Premier John Horgan says anti-pipeline protests that saw hundreds of people block entrances to the B.C. legislature are unacceptable. Horgan says he cancelled a scheduled Tuesday afternoon news conference because he needed 24 hours to consider his thoughts after witnessing hundreds of people hurling abuse and blocking entrances to the legislature. The premier says after reflection he believes the government must continue to carry on with its agenda of reconciliation with [Read more]

Alberta, First Nation in war of words as Teck oil mine decision nears

February 12, 20202:43 PM The Canadian Press0 Comments

EDMONTON - Alberta's Indigenous relations minister says a last-minute war of words with a First Nations leader over a multibillion-dollar oilsands mine is a case of bare-knuckle bargaining. Rick Wilson says he hopes the spat with Athabasca Chipewyan Chief Allan Adam doesn't hurt a federal decision on whether to green light the $20.6-billion Teck Resources Frontier project in northern Alberta. "He (Adam) is a negotiator. He sees a spot where maybe he could get a little extra cash for his [Read more]

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