Sayer Energy Advisors has been engaged to assist Canstone Energy Ltd. (“Canstone” or the “Company”) with the sale of all of its oil and natural gas properties, which are generally located in the greater Twining area, including the Equity, Ghost Pine, Huxley, Keivers Lake, Lone Pine, North Twining, Stewart Lake, Swalwell, Trochuand Twining areas of Alberta (the “Properties”). The long-life, shallow natural gas production from the Properties in the greater Twining area is mostly [Read more]
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Enbridge VP of Engineering and Asset Management shares how they’re achieving long term asset optimization at Toronto Operational Excellence Summit
Michelle George, Vice President of Engineering and Asset Management at Enbridge Gas Distribution, will be joining the list of 40+ keynote speakers at the upcoming Operational Excellence in Energy & Utilities Summit, taking place in Toronto this November 26-28. Michelle will discuss how Enbridge Gas Distribution is achieving long term asset optimization with their Integrated Management System and effectively deploying capital across all asset classes. Over 150 Operations, HSE, OE, [Read more]
Perpetual Energy Inc. Announces Defence of Opportunistic Claims Relating to Sequoia Resources Corp. and Seeks Summary Dismissal of All Claims
CALGARY, Aug. 27, 2018 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Company") announces that it has filed a Statement of Defence and Application for Summary Dismissal with the Alberta Court of Queen's Bench (the "Court") in response to the opportunistic Statement of Claim filed by PricewaterhouseCoopers Inc. LIT ("PwC"), in its capacity as trustee in bankruptcy of Sequoia Resources Corp. ("Sequoia"), as previously announced by Perpetual on August 6, 2018. All allegations made [Read more]
Saskatchewan fiscal update: More revenue; more spending; smaller deficit
REGINA - The Saskatchewan government says higher oil and potash prices will mean more money for the province this year. But more spending on health care, social services and public-sector pensions will eat up a good portion of that windfall. The provincial Finance Ministry has released its first-quarter update showing a deficit of $306 million, nearly $60 million smaller than forecast in the April budget. Revenue is predicted to be almost $170 million more than expected [Read more]
Return Energy Files Second Quarter 2018 Results
CALGARY, Aug. 27, 2018 /CNW/ - Return Energy Inc. ("Return" or the "Company") (TSX-V: "RTN") today filed with Canadian securities authorities its Second Quarter Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis for the period ending June 30, 2018. Copies of the filed documents may be obtained through www.sedar.com, Return's website www.returnenergyinc.com or by emailing Return at info@returnenergyinc.com. Following up on the Company's [Read more]
Smoke on the troposphere: CO2 emission targets rendered meaningless in the face of mother nature
A funny thing happened the other day as I returned home from the grocery store. My homeward trip coincided with a person from my neighbourhood whose car I recognized, and I got to observe his driving habits first hand. He was meticulous in lane changes, signalled every move, even in places where people usually don’t. We went through traffic circles, and he waited properly and even signalled every move correctly on those, which is rare. He maintained a proper speed limit, and his every action was [Read more]
Pulse Oil Corp. Announces Successful Phase One Completion of the Bigoray Enhanced Oil Recovery Modelling Project
CALGARY, Aug. 27, 2018 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) announced today Pulse, via its contracted technical consultant announced on May 7, 2018, has completed Phase One of the Bigoray Enhanced Oil Recovery (EOR) Modelling Project. The purpose of the modelling project is to create a dynamic reservoir model of Pulse's two Bigoray Nisku reefs, incorporating all petrophysical log data, petrological core and drill-cuttings data, 2-D and 3-D seismic data, and [Read more]
Questerre Energy Corporation: Second well spud at Kakwa North
CALGARY, Alberta, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) updated activities at Kakwa North, offsetting its joint venture production in the area. The operator, Kicking Horse Oil & Gas Ltd., has commenced completion operations on the first well, 103/16-29-063-6W6M well (the "103/16-29 Well") which includes a 2700m horizontal leg in the Montney Formation. Drilling operations also commenced on the second well, [Read more]
AltaGas Continues to Execute on Growth Strategy in Northeast BC with Investment in Townsend Infrastructure for Liquid Rich Montney Development
Expansion of the Townsend Complex and capture area coupled with enhanced NGL recovery will provide producers with more options for energy exports CALGARY, Aug. 27, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (TSX: ALA) announced today that it has entered into definitive agreements with Kelt Exploration (LNG) Ltd. ("Kelt") to provide an energy infrastructure solution for the liquids-rich Inga Montney development located in northeast British Columbia (the "Commercial Arrangements"). The Commercial [Read more]
CAPPA Conference – October 23, 2018 – Delegates & Exhibitors – Register Now to Attend
CAPPA Conference – October 23, 2018 – Delegates & Exhibitors – Register Now to Attend The New Landscape – Evolving with our business Date: Tuesday, October 23, 2018 Location: Telus Convention Centre Program Morning Keynote: Business at the Speed of NOW! Noon Keynote: High Performance Recovery Breakout Sessions Alberta Energy Compliance & Audit Conflict Resolution GIS & GOR – What are these? Freehold and Overriding Royalties How to achieve a leaner, [Read more]