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 Jul. 23 Loader / Zoom Boom Operator Strike Group Airdrie Jul. 23 Loader / Zoom Boom Operator Strike Group Projects Jul. 23 OFA 3 / EMR Trojan Safety [Read more]
Headlines
Pipestone Energy Corp. Announces a Midstream Transaction to Fund the Acceleration of a Three Well Completion Program to Delineate Its Eastern Montney Acreage
CALGARY, Alberta, July 23, 2019 (GLOBE NEWSWIRE) -- (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce it has entered into a strategic midstream transaction (the “Midstream Transaction”) with Tidewater Midstream and Infrastructure Ltd. (“Tidewater”). The initial capital to be received by Pipestone Energy from Tidewater pursuant to the Midstream Transaction will be deployed to accelerate a three-well completion program at its 9-14-71-07W6 (“9-14”) [Read more]
Tidewater Announces Pipestone Strategic Core-Area Acquisition and Associated 10-year Take-or-Pay Contracts, $75 Million Bought Deal Offering of Convertible Debentures and CEO’s Intention to Acquire Additional Shares
CALGARY, Alberta, July 23, 2019 (GLOBE NEWSWIRE) -- Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX:TWM) is pleased to announce that it: has entered into an agreement to acquire from Pipestone Energy Corp. ("Pipestone Energy"), a 100% working interest in a strategic 30 MMcf/d raw gas compression, 5,400 bbls/d condensate handling and associated water disposal battery (“Pipestone East Battery”) for total consideration of up to $30 million in cash (the [Read more]
Drilling forecast goes from bad to worse after slow start to summer deployments
CALGARY - The Canadian oilfield services sector is expected to continue to suffer as it enters the summer drilling season despite recent developments such as the approval of the Trans Mountain pipeline expansion and the election of a conservative government in Alberta. In a report that forecasts flat second-quarter financial results in the industry, RBC Dominion Securities analysts say they've cut their 2019 rig activity and well counts for this year by between six and eight per cent. [Read more]
Oil inches up amid Middle East tensions; frail demand outlook caps gains
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied. West Texas Intermediate (WTI) crude futures were unchanged at $56.22 per barrel. Brent crude futures rose 4 cents to $63.30 a barrel by 0335 GMT. The international benchmark rose more than 1% in [Read more]
Cleanup crews on site after Baytex Energy pipeline leak in northeastern Alberta
CALGARY - Cleanup crews are on site in northeastern Alberta after an estimated 630 barrels of salty produced water leaked from a pipeline operated by Baytex Energy Corp. The Alberta Energy Regulator says the leak was reported last Wednesday. It says the pipeline on the site about 45 kilometres southeast of Peace River has been shut down to stop the flow. The regulator says there has been no affect on waterbodies or wildlife. It says AER staff have responded to the [Read more]
PrairieSky Announces 2019 Second Quarter Results
CALGARY, Alberta, July 22, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its second quarter ("Q2 2019") operating and financial results for the period ended June 30, 2019. PRESIDENT’S MESSAGE Second Quarter 2019 Highlights: Funds from Operations totaled $58.0 million ($0.25 per common share basic and $0.24 per common share diluted), consistent with Q1 2019 funds from operations of $57.8 million ($0.25 per common share [Read more]
U.S. natgas futures rise near 3% on forecasts for more heat next week
U.S. natural gas futures gained almost 3% on Monday as forecasts for hotter weather and higher cooling demand next week lifted prices from two-week lows hit last week. Front-month gas futures for August delivery on the New York Mercantile Exchange rose 6.1 cents, or 2.7%, to settle at $2.312 per million British thermal units. On Friday, the contract fell to its lowest since July 2. Gas speculators trimmed their net short positions on the NYMEX and Intercontinental Exchange last week to [Read more]
Oil outlook sours as sanctions, global tensions fail to bring out bulls
Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as weakness in worldwide demand. The oil market has struggled to sustain a rally despite supply restrictions that generally would be considered bullish. U.S. sanctions on Venezuela and Iran have removed more than 1.5 million barrels of daily supply from the market, OPEC extended a supply-cut deal into 2020 and tensions between [Read more]
Clearview Resources: Bantry Disposition Package
Bantry Current Production (Net): 73 boe/d (63 bbl/d oil, 59 mcf/d natural gas) BTNPV10: PDP - $3.071M (McDaniels, Dec. 31, 2018) 05-2018 to 04-2019 TY NOI: $340M (shut-in during wide differentials Non-operated 40% WI in 4,013 acres 41 gross wells Cardinal operates the property Low declines: 9% Reserve Life Index: PDP – 9.5yrs Contact Information: Renee Miles, Land Manager Clearview Resources Ltd. 2400, 635 – 8th Ave. S.W. Dir: 587-393-8509 Cell: [Read more]