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 Dec. 24 Senior Accountant Vertex Sherwood Park Dec. 21 Maintenance Technician - Rotating Equipment AltaGas Gordondale Dec. 21 Plant Operator Roska [Read more]
Headlines
LNG Canada partner Petronas cuts natural gas output due to plunging prices
CALGARY - Natural gas prices in Western Canada are so low that a partner in the country's first LNG export project is shutting off money-losing wells and throttling back its exploration program. Malaysian-owned Petronas, which has a 25 per cent interest in the $40-billion LNG Canada project, has been curtailing production by between 50 and 200 million cubic feet per day from wells in northeastern B.C. capable of producing 700 million cf/d, the CEO of its Canadian branch says. The practice [Read more]
Blackbird Energy Inc. Announces Record First Quarter 2019 Financial and Operating Results Including Revenue of $7.4 Million and Corporate Production of 1,736 boe/d
CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its record financial and operational results for the quarter ended October 31, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended October 31, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at [Read more]
Granite Oil Corp. Announces Private Placement Closing
CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO) (OTCQX: GXOCF) announces that it has issued a 3 million common shares (the “Shares”) at a price of $0.52 per Share for aggregate gross proceeds of $1.56 million pursuant to a non-brokered private placement (the “Offering”). An additional closing of the Offering may be completed for combined total proceeds of up to $2 million. People interested in participating in the Offering should [Read more]
Alberta to give temporary break to some producers on oil cuts
Alberta is offering temporary flexibility to some oil producers on mandated production cuts, as the Western Canadian province reviews their claims that curtailment levels are unfairly high for some and pose technical and safety concerns for certain projects.The oil-rich province took the unusual step this month of mandating temporary production cuts amounting to 325,000 barrels per day (bpd), or 8.7 percent, starting in January to deal with a glut in storage and sagging prices. A shortage of [Read more]
Altura Energy Inc. Provides a Corporate Update
CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura", or the "Corporation") (TSXV: ATU) is pleased to announce a corporate update including: fourth quarter 2018 production estimates; an increase to its credit facility; and the closing of a previously announced asset acquisition for cash consideration of $1.0 million. PRODUCTION UPDATE October 2018 production averaged 2,053 Boe per day, exceeding 2018 exit production guidance two months early. November and December [Read more]
Canada Weekly Rig Count Down 25% to 131
Western Canada’s fleet of drilling rigs decreased by 43 rigs, or 25% to a total of 131 according to data collected by Baker Hughes for the week of December 21st. From last Friday, Alberta rig counts went down 20 to 104. Saskatchewan's rig count decreased from 29 to 11. Oil drilling went from 95 to 58; natural gas rigs decreased from 79 to 73. View a full breakdown of western Canada’s rig activity. [Read more]
U.S. drillers add oil rigs for first week in three
U.S. energy firms added oil rigs for the first time in the past three weeks despite sharp declines in crude futures prices to their lowest since the summer of 2017. Drillers added 10 oil rigs in the week to Dec. 21, bringing the total count to 883, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. . This was the biggest weekly gain in rig numbers since early November. More than half the total U.S. oil rigs are in the Permian Basin, the [Read more]
Transport minister orders new fatigue rules amidst oil-by-rail ramp-up
Transport Minister Marc Garneau has ordered rail companies to update rules to address employee fatigue. Requirements on work-rest periods for rail workers, introduced in 2002 with only minor revisions since then, should reflect the latest science and fatigue management practices, Garneau said. "We now have a better understanding of the extent to which fatigue can affect human performance and ultimately compromise railway safety. We need to make changes now," Garneau said in a [Read more]
Canadian federation is fractured, New Brunswick’s rookie premier says
FREDERICTON - The rookie Tory premier of New Brunswick has declared the Canadian federation fractured — with Ottawa and other provinces seemingly unconcerned about Alberta's slump, and Quebec actively blocking economic development. Blaine Higgs says he was shocked at the recent First Ministers meeting in Montreal to find there is no national urgency or strategy to deal with the 70-per-cent devaluation of oil in Alberta. "Here's a province that has fed many of our kids for years and we've [Read more]