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 Mar. 10 Shift Operator Rush Energy Services Inc. Breton Mar. 10 Clinical Trial Budget Specialist Brunel Dorval Mar. 9 Field Operator Roska DBO Fort St. [Read more]
Headlines
Cequence energy announces fourth quarter financial results and 2019 reserves
CALGARY, Alberta - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three and twelve months ended December 31, 2019. The Company’s Management’s Discussion and Analysis (“MD&A”) and Consolidated Financial Statements are available at cequence-energy.com and on SEDAR at www.sedar.com. HIGHLIGHTS Production was 5,892 boe/d, 25% of which was comprised of crude oil and liquids for the three months ended [Read more]
Bonterra Energy Corp. Announces Year End 2019 Results and Provides Dividend Update
CALGARY - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2019. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year ended December 31, 2019 and annual information form ("AIF") as of December 31, 2019 are available on SEDAR at www.sedar.com and on Bonterra's website at [Read more]
MEG Energy announces revised $200 million internally funded 2020 capital program
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY - MEG Energy Corp. (TSX:MEG, "MEG" or the "Corporation") announced today a 20% reduction in its 2020 capital program to $200 million from the original $250 million budget announced November 2019. Capital Program Reduction and Guidance Update Due to the recent significant degradation in global oil prices, MEG is reducing its [Read more]
Heavy discount narrows on strong Gulf demand
Canadian heavy crude's discount narrowed versus the U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, as demand remained strong from U.S. Gulf Coast refiners. Western Canada Select (WCS) heavy blend crude for April delivery in Hardisty, Alberta, was trading at $13.15 per barrel below WTI, according to NE2 Canada Inc, narrower than Monday's settle of $13.50 under. The differential was as little as $10.50 on Monday, the smallest since Aug. 21, 2019. U.S. Gulf Coast refiners [Read more]
Crew Energy Inc. Announces Fourth Quarter and 2019 Financial and Operating Results and 2020 Full Year Guidance
CALGARY - Crew Energy Inc. (TSX: CR) ("Crew" or the "Company") is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2019. Crew's full audited consolidated Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the three and twelve month periods ended December 31, 2019 are available on Crew's website and filed on SEDAR at www.sedar.com. Q4 & FULL YEAR 2019 HIGHLIGHTS Driving [Read more]
N.American oil companies slash spending to cope with $30/bbl crude
Occidental Petroleum Corp on Tuesday became the latest to join a growing list of hard-pressed North American oil producers slashing spending and drilling after crude prices slumped to their lowest levels in more than three years. Chevron Corp became the first global oil major to say it was also looking to cut spending that could lead to lower near-term oil production. Global oil benchmarks plunged by nearly 25% on Monday, their biggest rout since the 1991 Gulf War, amid the eruption of a [Read more]
U.S. natgas jumps 6% with oil price gain on hopes of economic stimulus
U.S. natural gas futures rose more than 6% on Tuesday, following an 8% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt U.S. drillers to cut back on oil and gas production in shale basins. Analysts said a cutback in U.S. production and a possible increase in gas use spurred by low prices should give demand a chance to grow and absorb some of the supply glut building over the past few years. Much of the growth in U.S. gas output [Read more]
Alberta premier says all options on table to fight oil price collapse
Alberta Premier Jason Kenney says his government will do whatever it takes to rescue the province from an oil price collapse and he wants the federal government to step up as well. “This is not just about Alberta. As Alberta goes, so goes the national economy,” Kenney said in Calgary on Monday, after markets closed with cratering oil prices threatening to drain billions of dollars from the province’s bottom line. “Albertans, even in our times of economic trial, have been contributing $20 [Read more]
Oil prices jump 14% after biggest one-day fall since 1991
Oil prices jumped more than 14% on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia and Russia that sparked the biggest daily rout since the 1991 Gulf War will not be sustained. U.S. shale producers also rushed to deepen spending cuts and could reduce future production after OPEC's decision to pump full bore into a global market hit by shrinking demand due to the coronavirus outbreak. West Texas Intermediate (WTI) crude gained $4.30, or around [Read more]