CALGARY, June 11, 2019 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce the key findings of Pulse's enhanced oil recovery ("EOR") study. Schlumberger Canada Ltd, one of the world's leading providers of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, was awarded the contracts to complete all three phases of the Company's petrotechnical modelling of the Bigoray Nisku D and E Pools, [Read more]
Headlines
Southern Energy Corp. Announces Completion of Rights Offering
CALGARY, June 10, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) is pleased to announce the completion of its previously announced Rights Offering to holders ("Shareholders") of common shares of the Company ("Common Shares"). Under the Rights Offering, Shareholders subscribed for and purchased an aggregate of 19,413,306 Common Shares at a price of $0.10 per Common Share, resulting in proceeds to the Company of approximately $1.94 million. Of such Common Shares, an [Read more]
Alberta to bring in bill in fall to help First Nations invest in energy projects
EDMONTON - Alberta will bring in legislation this fall to create a Crown corporation backstopped by $1 billion to help First Nations invest in major energy projects like pipelines. Premier Jason Kenney made the announcement after meeting with chiefs from across Alberta at Government House in Edmonton. The legislation, following up on an election campaign promise, will create the Indigenous Opportunities Corporation. On the campaign trail, Kenney promised his government would fund the [Read more]
Aging Enbridge oil pipelines face setbacks over fears of Great Lakes spills
WINNIPEG, Manitoba/CALGARY, Alberta, June 9 (Reuters) - F ears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches for operator Enbridge Inc and the Canadian energy sector. Canada has faced years of delay in getting new oil pipelines built because of environmental opposition, resulting in severe congestion in Alberta, the country's main crude-producing province, that forced the provincial government to [Read more]
Encana provides interim update on strength of operations
Encana repurchased 10% of its outstanding shares year-to-date; Plans to commence additional buyback in July 2019 Recent strong well performance in STACK strengthens the Company's second quarter 2019 production outlook Company reiterates annual capital investment plan Portfolio further refined through agreement to exit China CALGARY, June 10, 2019 /CNW/ - Encana Corporation (NYSE, TSX: ECA) today provided an update on its share buyback program and disclosed its intention to execute a [Read more]
CapitalNow shows continued growth, customer retention and expansion into United States market
Capital Now began operations in 2007 and hasn’t looked back. Accounts receivable financing is the purchasing of accounts receivables at a discount. This is the business Capital Now is in. Businesses need capital to operate and to grow — and sometimes they need it before clients can pay for completed work. Also known as factoring, accounts receivable financing is a $130 billion industry in the US alone and allows a small or medium-sized business to get their money immediately. It’s a common [Read more]
Montgomery Auction Services Ltd. Announces Auction for Harpoon Energy, June 19
SHOP TOOLS & EQUIPMENT, C-CANS, WELLSITE HOUSING SUPPLIES & COMMUNICATIONS EQUIPMENT AUCTION: HARPOON ENERGY WEDNESDAY, JUNE 19, 2019 @ 10:00AM SALE SITE: 329 Energy Way, Red Deer County, AB DIRECTIONS: South End Gasoline Alley use Exit # 391, North on South East Service Rd. to Energy Blvd., Right on Energy Way Selling 700 Lots Including Sea Can Storage Containers, Pickup Truck Service Boxes, Shop Tools & Equipment, Wheeled Fire Extinguishers, Well Site [Read more]
Robson: Word War III
There’s a famous remark attributed to Albert Einstein that while he didn’t know what weapons would be used in World War III, World War IV would be fought with sticks and stones. And indeed when 2001 Nobel Economics Laureate Joseph Stiglitz declared that “The climate emergency is our third world war” my immediate thought was that indeed if taken seriously the climate alarmists’ remedies would leave those who survived back in the Stone Age. It’s a pretty big “if”. With just 12 years until we [Read more]
Canadian oil pipeline congestion sets up lucrative storage play
Upheavals in the Canadian crude market are providing unique opportunities for firms with sizeable long-term leases on Alberta storage tanks, a cluster that sources say includes Mercuria Energy Group and oil major BP Plc's trading arm.Canada holds the world's third-largest crude reserves, but years of delay in building new pipelines has led to oil production outpacing takeaway capacity. A glut of crude has thus been created, increasing demand for storage tanks in the oil sands [Read more]
Canadian Natural Resources Limited Provides an Update on Pelican Lake and Woodenhouse Operations
CALGARY, Alberta, June 08, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) provides an update on its Pelican Lake and Woodenhouse operations. The Company has now been able to gain access to its wells and facilities in these areas, following the previously announced evacuation due to local wildfires. The Company continues to monitor the wildfire situation with local officials and is restarting operations today, ramping production back up in a safe [Read more]