Calgary, Alberta--(Newsfile Corp. - November 5, 2019) - Bonavista Energy Corporation (TSX: BNP) ("Bonavista") is pleased to report to shareholders its financial and operating results for the three and nine months ended September 30, 2019. In the third quarter of 2019, we generated adjusted funds flow of $34.6 million and successfully drilled our first Duvernay horizontal well. The financial statements and notes, as well as management's discussion and analysis, are available on the System for [Read more]
Headlines
Workers plug Keystone pipeline in North Dakota to access site of spill
TC Energy Corp has plugged its Keystone crude oil pipeline in North Dakota, allowing workers to excavate a portion of the pipeline that leaked last week and determine the cause of the spill, a state official said on Tuesday. Work will begin this week to access the precise point of the pipeline that leaked more than 9,000 barrels of crude in rural Walsh County, North Dakota, forcing the line to be shut, said Karl Rockeman, director of the state's Division of Water Quality. There is no [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 Nov. 4 Field Operator Roska DBO Wimborne Nov. 4 Health & Safety Manager JobScout Staffing Calgary Nov. 4 Translation [Read more]
Keyera Announces 2019 Third Quarter Results
CALGARY, Nov. 5, 2019 /CNW/ - Keyera Corp. ("Keyera") announced its 2019 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 impressive financial results in the third quarter of 2019, with each key [Read more]
Alberta bitumen refinery faces further delays after testing of gasifier unit
CALGARY - A new refinery northeast of Edmonton is facing more delays and won't begin processing oilsands bitumen as designed until early next year. Construction was completed on the $9.5-billion Sturgeon Refinery in the fall of 2017 and it began producing diesel shortly thereafter from synthetic crude that had already been partly upgraded at an Alberta oilsands mine. It was to begin processing oilsands bitumen in early 2018 but has been stymied by issues with equipment including its [Read more]
Heavy discount narrows as fears of lengthy Keystone outage ease
The discount on Canadian heavy crude narrowed versus U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, as fears of a lengthy Keystone oil pipeline outage eased. Western Canada Select (WCS) heavy blend crude for December delivery in Hardisty, Alberta, was trading at $21.90 per barrel below WTI, according to Net Energy Exchange, narrower than Monday's settle of $22.30. Worries about the possible duration of the Keystone pipeline outage abated, as available storage capacity in [Read more]
First Nation, environmental groups seek leave to appeal Trans Mountain ruling
VANCOUVER - A British Columbia First Nation and three environmental groups hope to appeal a Federal Court of Appeal decision that limited their ability to challenge the Trans Mountain pipeline expansion in court. The Tsleil-Waututh Nation, Ecojustice, Raincoast Conservation Foundation and Living Oceans Society announced Tuesday they are seeking leave to appeal to the Supreme Court of Canada. The Federal Court of Appeal decided in September that it would allow six First Nations, including [Read more]
Ovintiv name a ‘blank slate’ as Encana plans move to United States
The name Encana Corp. immediately brings to mind two things: energy and Canada. Ovintiv, with which the oil and gas producer plans to rechristen itself once it moves its headquarters to the United States next year, offers no hint of what the company does or where it's from. Branding experts say that's likely to be the point. "It's kind of a blank slate, which appears to be what they wanted to go for," said Darren Dahl, a marketing professor at the University of British Columbia. Alan [Read more]
Saskatchewan granted intervener status in First Nations TMX project appeal
The Saskatchewan government says it has been granted leave to intervene in an appeal over construction of the Trans Mountain pipeline expansion. The province says it is intervening in support of the federal government by arguing that the expansion project was properly approved. The Federal Court of Appeal in British Columbia ruled in September that it would hear six challenges focusing on Indigenous consultation. Ottawa twice approved the plan, but the Federal Court of Appeal tore up [Read more]
International Petroleum Corporation Announces Third Quarter 2019 Financial Results and Intention to Launch Share Repurchase Program
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 (MD&A) for the three and nine months ended September 30, 2019. In addition, IPC is pleased to announce that it has sought approval from the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid to repurchase its own common shares through the facilities of the TSX and Nasdaq [Read more]