CALGARY, ALBERTA--(Marketwired - Oct. 12, 2017) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce that it has prepaid all of its outstanding term notes due in 2018 and has finalized the terms of amending agreements with its lenders under its syndicated bank facility and the holders of its remaining term notes. These agreements amend the existing financial covenants effective for the quarter ending September 30, 2017 through to and including the quarter ending September [Read more]
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Take a look at the Fall/Winter CAPL Course Calendar
Here is the upcoming list of courses for members of CAPL. For more information, click on a course link below or visit landman.ca Date Course Category Status Oct 12 2017 Resolving Conflict Through Negotiation Negotiations and Business Skills open Oct 17 2017 British Columbia P&NG Regulations Regulations open Oct 18 2017 Alberta P&NG Regulations Regulations open Oct 19 2017 Alberta Crown Lease Continuation (morning) Regulations open Oct 19 [Read more]
Enbridge Energy defends plan to replace Line 3 oil pipeline
MINNEAPOLIS - Enbridge Energy disputed a state agency's recommendation against the company's proposal for replacing its aging Line 3 oil pipeline across northern Minnesota, insisting in filings Wednesday that the project is needed to ensure adequate crude supplies for Minnesota and other Midwestern refineries for decades to come. The Minnesota Public Utilities Commission is considering whether to grant a certificate of need for the project, which has aroused opposition from environmental [Read more]
Manitoba may have wiggle room in carbon tax fight with federal government
WINNIPEG - Manitoba Premier Brian Pallister says it appears the federal government has the right to force a carbon tax on the provinces, but there may be some wiggle room when it comes to the exact amount. Pallister released a legal opinion on the issue Wednesday from constitutional law expert Bryan Schwartz. He was hired to examine whether the province could win a court challenge against a plan to have the provinces impose a $50 per tonne carbon tax or have the federal government enact [Read more]
LNG Canada CEO says Canadian projects can be competitive despite higher costs
CALGARY - Plentiful cheap natural gas is no guarantee that a Canadian LNG export industry will develop, says an executive with Progress Energy Canada, a division of Malaysia's state-owned Petronas which cancelled its $36-billion Pacific NorthWest LNG project in July. The decision was difficult to make but "headwinds were too great" for the partnership to green light the West Coast megaproject, said Dennis Lawrence, vice-president of production for Progress, during a panel discussion at [Read more]
Energy for Tomorrow – Canada in the World’s Energy Future
The PJVA, CAPL, PASC, AIPN and Canada Action present “Energy for Tomorrow - Canada in the World's Energy Future." The event takes place on October 19th with Jeff Gaulin, CAPP VP of Communications. A discussion of CAPP initiatives for the Industry, insights into the current climate for Energy and views of initiatives that companies are exploring with PJVA Presidents, PASC SME and CAPL's President. Thursday Oct 19-2017 from 11:30am to 1:00pm at the Calgary Petroleum Club. Tickets [Read more]
Point Loma Resources Announces Operational Update and Production Increases
CALGARY, Alberta, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX VENTURE:PLX) (the "Corporation" or “Point Loma”) which has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairway’s of west central Alberta is pleased to announce recent and planned future production additions and an update of core area activities. Fourth Quarter Outlook In the fourth quarter of 2017, the Corporation will be activating many previously non-producing properties [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. Oct. 9 Transport Operator Calfrac Well Services Grande Prairie Oct. 9 Coiled Tubing Operator Calfrac Well Services Grande Prairie Oct. 9 Fracturing Operator Calfrac Well Services Grande Prairie Oct. [Read more]
Politicians criticize Trudeau’s reaction to critics of Energy East demise
EDMONTON - Federal Conservative Leader Andrew Scheer says Prime Minister Justin Trudeau should not go after critics of the cancelled Energy East pipeline project, but should look to his own actions. Scheer spoke in Edmonton about Trudeau's recent social media comments accusing those critics of using the project's demise to pit regions of Canada against each other. "I just find it odd that every time the prime minister makes a decision where Canadians are upset by the result of [Read more]
Change would see Nova Scotia regulator eyeball gas shipping costs for consumers
HALIFAX - Nova Scotia is preparing for the end of natural gas from the Sable Offshore Energy Project. Energy Minister Geoff MacLellan is proposing changes to the Gas Distribution Act that would allow Nova Scotia's oil and gas regulator to assess and recover the costs of shipping natural gas into the province by pipeline. MacLellan says the move is necessary to ensure a continued supply of natural gas as the dismantling of the Sable project begins next year off Nova Scotia. [Read more]