U.S. natural gas futures slipped on Wednesday from a near 14-week high on forecasts for a little less cooling demand over the next two weeks than previously expected and a continued slowdown in export growth. Front-month gas futures for October delivery on the New York Mercantile Exchange were down 3.2 cents, or 1.2%, to $2.548 per million British thermal units at 8:28 a.m. EDT (1228 GMT). On Monday, the contract closed at its highest since May 29. Despite the decline, the front-month [Read more]
Headlines
XI Technologies: September 2019 Expiring Land Report – Are there opportunities for you?
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Every few months, we like to take a look at expiring land because it can provide useful business development intel for service companies and E&Ps alike. For service companies, expiring lands provide insight into where drilling [Read more]
The Transformation of Upstream to Performance-Based (SLMS) Pipeline Integrity Management Arrives with Perfect Timing
Executive Summary Governments, regulators, the public and industry have indicated that improved pipeline performance within the upstream and mid-stream gathering infrastructure is essential. Industry leaders can achieve a higher level of performance through adoption of available and emerging methods and technologies, and by implementing them as the foundation of a formal performance-based (SLMS) asset management model. A sustainable pathway to recover and sustain the growth of the oil and [Read more]
Black Gold Medical Ltd. makes goodwill purchase of long time competitor Seismed Medical Services Inc
Black Gold Medical Ltd. makes goodwill purchase of long time competitor Seismed Medical Services Inc. to become a leading provider of safety and medical services for exploration projects in Western Canada. Black Gold Medical has provided industrial safety and medical services in the upstream and midstream sectors since 2006. [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 Sep. 10 Operations Shift Leader Brunel Sarnia Sep. 9 Temporary Manager, Financial Controls and Business Process Improvement AltaGas Calgary Sep. 9 Corporate [Read more]
Pembina Pipeline Corporation and Kinder Morgan Canada Agree to Amend Arrangement Agreement to Include Preferred Shareholders
CALGARY, Sept. 10, 2019 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) today announced that it has agreed with Kinder Morgan Canada Limited (TSX: KML) ("KML") to amend and restate the previously announced arrangement agreement dated August 20, 2019 (the "Arrangement Agreement") to include the preferred shares of KML in the arrangement transaction pursuant to which Pembina will acquire KML (the "Transaction"). If requisite approval by the holders of [Read more]
Construction of Trans Mountain pipeline expansion still faces hurdles
VANCOUVER - Barbara Gard calls her three-hectare property, nestled below the forested peak of Sumas Mountain, a "miniature Stanley Park." Its lush trees and flowing creek reminded her of Vancouver's majestic park, and she immediately knew she wanted to call it home. But she said her peaceful retreat in Abbotsford, B.C., now feels more like a nightmare. Gard is among thousands of landowners along the Trans Mountain pipeline expansion route who have not yet granted the Crown corporation [Read more]
Point Loma Announces Private Placement Offering of Flow-Through Units and Units for Up to $1.5 Million and Provides Asset Overview Update
CALGARY, Alberta, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX-V: PLX) ("Point Loma" or the "Corporation") is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner (the "Agent"), pursuant to which the Agent has agreed to offer, on commercially reasonable efforts, private placement basis to raise aggregate gross proceeds to the Corporation of up to approximately $1,500,000 (the “Offering”). The [Read more]
Alberta asks court whether environmental assessment process is constitutional
The Alberta government has officially asked the province's Appeal Court whether Ottawa's new environmental assessment process for major construction projects like pipelines is constitutional. The government filed its challenge with the court on Tuesday, asking it whether the federal government was acting within its authority when it passed the act that established the process earlier this year. Alberta Premier Jason Kenney said in June that he was pondering a constitutional challenge, [Read more]
Enbridge investors cheer Mainline overhaul despite Canadian producer protests
Enbridge Inc's plan to overhaul contracts on its Mainline pipeline system has outraged many Canadian shippers but is cheered by investors who see monetizing existing infrastructure as a safer bet than trying to build new pipelines. The Mainline is North America's largest pipeline network, transporting nearly 3 million barrels per day, or 70%, of crude from western Canada to the U.S. Midwest. Many shippers opposed say Enbridge is abusing its market power and the changes will hurt Canadian [Read more]







