Calgary, Alberta - Tamarack Valley Energy Ltd. (TSX: TVE) ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2020 and related management's discussion and analysis ("MD&A") which are available on SEDAR [Read more]
Headlines
Questerre reports first quarter 2020 results
CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the first quarter ended March 31, 2020. Michael Binnion, President and Chief Executive Officer, commented, “With the fallout from the pandemic and collapse in oil prices, we are focused on preserving liquidity and the value of our long-term assets, particularly Quebec. As reported earlier, we eliminated all non-essential investment in early [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 May. 10 Senior Auditor, Internal Auditor TC Energy Calgary May. 8 Contracts Specialist PetroChina Canada Calgary May. 8 Temporary Senior Analyst, [Read more]
Bonterra Energy Corp. announces first quarter 2020 results
CALGARY - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2020. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the period ended March 31, 2020 are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS As at and for the three months [Read more]
Keyera announces 2020 first quarter results
CALGARY - Keyera Corp. (TSX: KEY) ("Keyera") announced its 2020 first 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 had a strong start to the year, reporting record adjusted earnings before interest, taxes, [Read more]
Peyto announces Q1 2020 results
CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) herein presents its operating and financial results for the first quarter of the 2020 fiscal year. The unprecedented global pandemic which disrupted world energy demand, in combination with an untimely market share price war amongst certain OPEC+ members, led to severe commodity price volatility in the quarter. Peyto’s industry leading costs structure allowed it to preserve a 55% Operating [Read more]
As Canadian oil sands site fights infections, some want fewer fly-in workers
A coronavirus outbreak at a Canadian oil sands site has spread across five provinces and sparked calls to limit the use of fly-in workers in the remote locations. Any restrictions would upend a labor model that the high-cost industry depends on. Projects that use fly-in workers represent more than half of the region's crude production capacity. There are 106 known infections associated with Kearl, Imperial Oil's mine near Fort McMurray, Alberta, according to Alberta Health Services. Cases [Read more]
Major insurers increase cover for Trans Mountain oil pipeline
Major insurers Zurich , Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of crude oil and refined products to British Columbia from Canada’s main oil-producing province of Alberta, is owned by the Canadian government and has become a focus for environmental and indigenous groups who want a planned expansion of the pipeline stopped. The government bought the pipeline [Read more]
Oil prices climb as Saudi Arabia pledges further production cut
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market that has grown as the coronavirus pandemic crushed fuel demand. U.S. West Texas Intermediate (WTI) crude futures were up 2.8%, or 70 cents, at $26.11. Brent crude futures climbed to a high of $30.11 a barrel and were up 0.8%, or 24 cents, at $29.87 at 0206 GMT, reversing some of the previous session's losses. Saudi Arabia said [Read more]
Montana judge upholds ruling that canceled Keystone XL pipeline permit
A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and threatened other oil and natural gas pipeline projects with delays. Chief U.S. District Judge Brian Morris denied a request by the U.S. Army Corps of Engineers to narrow his April 15 ruling that canceled the so-called Nationwide Permit 12. The permit allows dredging work on pipelines across water bodies. Morris said that the Army Corps [Read more]