CALGARY, June 11, 2019 /CNW/ - (TSX:PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") has filed an application with the Court of Queen's Bench of Alberta seeking a judicial review of the previous NDP government's Minister of Municipal Affairs' Guidelines published December 13, 2018 (the "Minister's Guidelines") as they relate to how assessed values of linear property, machinery and equipment are calculated for the purpose of municipal property tax. The Company believes the current [Read more]
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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. Posting Date Job Title Company Location Jun. 11 SERVICE WRITER - (RDT) Trican Well Service Ltd. Red Deer Jun. 11 Project Controls Specialist Brunel Halifax Jun. 11 Deputy Project Director, [Read more]
Thousands hear anti-Ottawa messages at pro-pipeline rally in Calgary
CALGARY - Western alienation bubbled up Tuesday as thousands of oil and gas industry supporters gathered on the Calgary Stampede grounds to hear speakers take turns blasting the federal Liberal government and its energy policies. Organizers estimate 4,000 people, many wearing black T-shirts reading "The world needs more Canadian energy," came for the rally which featured a bluegrass band, free hot dogs and admission to the annual Global Petroleum Show trade show. The crowd cheered and [Read more]
Perpetual Energy Inc. Successfully Completes Senior Note Refinancing
CALGARY, June 11, 2019 /CNW/ - (TSX:PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce that it has successfully completed the previously announced early redemption of all of the $14.6 million aggregate principal amount of 8.75% senior notes maturing July 23, 2019 (the "2019 Senior Notes") effective June 11, 2019 (the "Senior Note Refinancing"). Pursuant to the Senior Note Refinancing, Perpetual issued $15.7 million of 8.75% senior notes due January 23, 2022 [Read more]
Keyera Corp. Announces $600 Million Hybrid Note Offering
CALGARY, June 11, 2019 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has priced a Canadian offering of $600 million of 6.875% fixed-to-floating rate subordinated notes due June 13, 2079. The offering is expected to close on June 13, 2019 and the net proceeds will be used to fund Keyera's ongoing capital program, repay indebtedness under Keyera's revolving credit facility, and for general corporate purposes. The notes are being offered through an underwriting syndicate [Read more]
Court to consider continuing injunction against LNG pipeline opponents in B.C.
PRINCE GEORGE, B.C. - Coastal GasLink and opponents of the company's natural gas pipeline are set to make arguments in British Columbia's Supreme Court over whether an interim injunction should continue. The natural gas company is building a pipeline from northeastern B.C. to LNG Canada's export terminal in Kitimat on the coast. Coastal GasLink says it has signed agreements with all 20 elected First Nations councils along the 670-kilometres route but hereditary chiefs in the Wet'suwet'en [Read more]
Alberta government in talks to offload crude-by-rail contracts
The Alberta government has started talks with the private sector about Canadian oil producers taking over crude-by-rail contracts signed by the previous government, Alberta Premier Jason Kenney said on Tuesday. The talks follow newly elected Kenney's campaign promise to scrap the former New Democratic Party government's $3.7 billion crude-by-rail deals, which he has slammed as poor value for taxpayers. "There are confidential conversations going on between our government and private sector [Read more]
OSY Rentals Acquires Vapour Tight Tank Assets From Clean Harbors
OSY Rentals Ltd is pleased to announce the acquisition of the production tank rental assets from Clean Harbors Canada. This purchase will greatly increase the inventory of OSY relating to Positive Pressure Single Well Batteries, Flare Stacks and Knockout Tanks. OSY now has in excess of 110 Single Well Positive Pressure Production Packages, 150 Flare Stacks and 150 Knockout Tanks. Please feel free to learn more about the products we carry and how we may be able to be of service by giving us [Read more]
Pulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recovery Petrotechnical Modelling Study
CALGARY, June 11, 2019 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce the key findings of Pulse's enhanced oil recovery ("EOR") study. Schlumberger Canada Ltd, one of the world's leading providers of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, was awarded the contracts to complete all three phases of the Company's petrotechnical modelling of the Bigoray Nisku D and E Pools, [Read more]
Southern Energy Corp. Announces Completion of Rights Offering
CALGARY, June 10, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) is pleased to announce the completion of its previously announced Rights Offering to holders ("Shareholders") of common shares of the Company ("Common Shares"). Under the Rights Offering, Shareholders subscribed for and purchased an aggregate of 19,413,306 Common Shares at a price of $0.10 per Common Share, resulting in proceeds to the Company of approximately $1.94 million. Of such Common Shares, an [Read more]