The oil & gas industry is in a constant state of change, and the BOE Report keeps you informed of these changes and the latest news from the industry. Apps Always on the go? We have you covered. Download our easy-to-use app on your Android of iOS device: Social Media Follow us on our social media accounts. Click on an icon below to throw us a like/follow/whatever! Daily Digest E-mail Sign up for the BOE Report's LEGENDARY daily digest e-mail; delivered to your inbox at 8 AM [Read more]
Headlines
CSV Midstream Solutions Announces Strategic Midstream Opportunity
CALGARY, Alberta--(BUSINESS WIRE)--CSV Midstream Solutions Corporation (the “Company” or “CSV”) is pleased to announce it has reached a non-binding agreement in principle with an intermediate exploration and production company (the “Producer”), to build, own and operate a gas processing facility (the “Facility”) in the Resthaven area of Alberta. The Facility will be capable of processing 100 Million standard cubic feet per day of sweet gas from the Resthaven area. CSV and the Producer expect to [Read more]
Canadian Infrastructure: A Private Stake in a Public Good
Since the global financial crisis, the governments of developed nations have struggled to jump-start their economies in the face of anemic growth. Across the Anglosphere there has been a renewed call for massive infrastructure investment to boost productivity, create new jobs, and cut the costs for business. Canada is no exception. Federal government funds dedicated to financing infrastructure projects has lagged far behind what industry analysts have been calling for. Canadian infrastructure [Read more]
Husky Energy Closes Notes Offering
CALGARY, AB--(Marketwired - March 10, 2017) - Husky Energy (TSX: HSE) has completed its recently announced public offering of $750 million Cdn principal amount of notes, which will mature on March 10, 2027 (the "2027 Notes"). The 2027 Notes have a coupon of 3.60 percent and have been assigned a credit rating of A (low) with a stable trend by DBRS, BBB+ by Standard & Poor's, and Baa2 with a stable outlook by Moody's. The net proceeds of the offering will be used for general corporate [Read more]
Northern Blizzard Resources Inc. Announces Fourth Quarter & Year-End 2016 Results and 2016 Year-End Reserves
CALGARY, March 10, 2017 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) announces its operating and financial results for the three months and year-ended December 31, 2016 and 2016 year-end reserves information. Northern Blizzard's financial statements, management's discussion and analysis ("MD&A") and annual information form ("AIF") for the year ended December 31, 2016 are available on our website at www.northernblizzard.com and on SEDAR at [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 here to create an account to post jobs; it’s simple and easy to use. Mar. 9 Financial Accountant Private Exploration and Production Company Calgary Mar. 9 Logistics Driver (Fracturing Services) STEP Energy Services Red Deer Mar. 9 Coiled Tubing Operator STEP Energy [Read more]
U.S. Secretary of State recuses himself from Keystone XL decision.
WASHINGTON - U.S. Secretary of State Rex Tillerson says he won't be involved in the decision-making process for the Keystone XL pipeline after a lengthy career in the oil industry that included investments in Alberta's oilsands. His department sent a letter Thursday to Greenpeace announcing that he moved last month to recuse himself from any involvement in the Keystone file and had not participated since then. The file technically belongs to his office — the State Department [Read more]
Athabasca Oil Corporation Announces 2016 Year-end Results and Reserves
CALGARY, ALBERTA--(Marketwired - March 9, 2017) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2016 year-end financial and operating results. 2016 was a transformational year for Athabasca which established itself as an intermediate oil weighted producer with a funded five-year growth outlook and exposure to several of the largest resource plays in Western Canada including the Montney, Duvernay and oil sands. 2016 AND RECENT [Read more]
A look at what was said about massive deal in Alberta’s oilsands
CALGARY - A massive deal that would see Royal Dutch Shell and Marathon Oil sell Alberta oilsands assets to Canadian Natural Resources elicited a wide range of responses: "The pipeline situation didn't play into our thinking at all. We believe that we will have adequate pipeline capacity. This was a decision based on, as I said earlier, on our strategy around simplifying the portfolio, focusing in on parts of the business where we thought we could reach globally competitive scale." — [Read more]
March 8 Alberta Land Sale Nets $9.82 Million
Yesterday's Alberta land sale has earned the province $9.82 million in Lease and License fees, including $670,000 for oilsands leases. The total for the first four sales of 2017 so far is $62.8 million, which compares very favourably with the $19.6 million earned by this time in 2016. There were a total of 97 parcels with successful bids for this sale. The chart below illustrates the trend of the Alberta land sales since the beginning of 2016 and also shows the running total for that [Read more]