Sometimes it pays to troll through the news, even a grubby old-fashioned newspaper. I grabbed a hard copy of the Globe and Mail in a hotel lobby on a recent trip, enjoying the nostalgic feelings of smudged ink and that sweet, familiar irritation that the Starbucks table was too small to lay it out properly. Luckily, the hard copy transcended my petty grievances handily. There was a gem of an article buried on P4 of the business section, which is too bad, because it was brilliant. It was on [Read more]
Headlines
Tidewater Midstream and Infrastructure Ltd. Announces First Quarter 2017 Results, Strategic Acquisition and Operational Update
CALGARY, AB--(Marketwired - May 15, 2017) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announce that it has filed its condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the three-month period ended March 31, 2017. Highlights Tidewater delivered record quarterly adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") of $14.4 [Read more]
InPlay Oil Corp. Announces First Quarter 2017 Financial and Operating Results
CALGARY AB--(Marketwired - May 15, 2017) - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three months ended March 31, 2017. InPlay's unaudited interim consolidated financial statements and notes, as well as management's discussion and analysis ("MD&A") for the three months ended March 31, 2017 will be filed today on the System for Electronic Document Analysis and Retrieval ("SEDAR") and our website [Read more]
XI Technologies – ARO Seminar and an Introduction to XI’s ARO Cost Model
As the industry leader in A&D and liability analysis software, XI Technologies is excited to host our fourth seminar to introduce our latest tool which complements our powerful LLR Analysis Module: The ARO Cost Model May 25th Seminar: ARO vs. LLR - Getting past common government regulator oversights to understand liability costs - Register Here Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has become a [Read more]
Visit geoLOGIC systems at GeoConvention to Experience Frac Analaysis Module
geoLOGIC systems recently released an all new Frac Analysis module designed to supply detailed proppant, fluid, and stage details for tens of thousands of wells across western Canada. Frac Analysis uses the same data as the Well Completions and Frac Database, carefully built by our in-house experts through a combination of data mining, interpretation, and detailed engineering analysis. This is the world’s only comprehensive database of hydraulic fracturing data for western Canada Join us at [Read more]
Sunshine Oilsands Ltd.: Inside Information — West Ells Phase 1 Positive Progress – Production Volume Increased by 73% vs January 2017
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - May 14, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: WEST ELLS PHASE 1 POSITIVE PROGRESS - PRODUCTION VOLUME INCREASED BY 73% vs JANUARY 2017 The Corporation is pleased to announce that the daily production volume of West Ells Phase 1 project ("the Project") located in the Athabasca region of Alberta has exceeded 3,800 barrels per day (bbl/day) on [Read more]
Notley’s outlook for Kinder Morgan pipeline unswayed by uncertain B.C. vote
CALGARY - Alberta Premier Rachel Notley says the uncertain outcome of the British Columbia election should not change the fate of the Trans Mountain pipeline expansion. Notley supports the $7.4-billion project proposed by Texas-based Kinder Morgan to triple the amount of crude that flows from the Edmonton area to the B.C. Lower Mainland. The federal government approved the project late last year, so Notley doesn't believe a political shift in Alberta's western neighbour is much [Read more]
Canada Weekly Rig Count Down 2 to 80
Western Canada’s fleet of drilling rigs are slowing down on account of seasonality in the drilling business with only 80 actively drilling according to data collected by Baker Hughes for the week of May 12. Drilling activity is starting to slow down, but still very active in comparison to last year’s count. Will will see a continued drop in activity due to the upcoming spring breakup. Rigs activity will stay low likely until June, when activity will start to pick up again. From one week [Read more]
Government of Canada introduces Oil Tanker Moratorium Act
OTTAWA, May 12, 2017 /CNW/ - The transportation system is something Canadians rely on every day, from getting us to work, or bringing us the products we use in our homes. The Government of Canada is working to ensure that goods are transported in a safe and responsible way while protecting our marine environment and clean water. Today, the Government of Canada introduced C-48, the proposed Oil Tanker Moratorium Act in Parliament. This Act will deliver on the Prime Minister's commitment to [Read more]
Eagle Energy Inc. Provides Update to Shareholders on Growth Strategy and Announces First Quarter 2017 Results
CALGARY, ALBERTA--(Marketwired - May 12, 2017) - Eagle Energy Inc. ("Eagle") (TSX:EGL) is pleased to update shareholders and report its results for the first quarter ended March 31, 2017. Richard Clark, Eagle's Chief Executive Officer, stated, "Eagle has been quietly working to put all of the pieces in place to execute our growth strategy. We successfully closed the White Oak financing in mid-March, which gives us sufficient capital and the time to do our work, even with volatile commodity [Read more]