Bich has over 30 years of industry experience as a Metallurgical Engineer. During his years of tenure as the Head Corrosion Engineer at Shell Canada, Bich oversaw pipeline and asset integrity at Shell Canada with a focus on pipeline corrosion modeling, mitigating and monitoring. He has led international Pipeline Corrosion Mechanisms, Mitigation and Monitoring Seminars since 1999. Bich has published over 16 papers throughout his accomplished career and was also involved in the refinement of [Read more]
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Oilsands Acquisition Opportunity
Bounty Developments Ltd. (“Bounty”) is soliciting cash offers for its 100% working interest, unencumbered, in 46 sections (29,440 acres) of contiguous oil sands rights (4 oilsands leases, expiring in October, 2026 and February, 2027 respectively). Bounty 2D Proprietary Seismic is also available as part of deal. Click here to view additional information on Bounty’s Oilsands Acquisition Opportunity Highlights include: 150 km of 2D Seismic on lands (including the 123 km of seismic shot [Read more]
A new energy story is rising to dominate headlines in 2019 – LNG development
Royal Dutch Shell was quoted in Reuters on Oct 2, 2018 saying it would export LNG from the west of Canada by 2025 after approving the C$40 billion LNG Canada project capable of initially producing 14 million tonnes a year…. “LNG Canada’s FID ... (signals) the appetite to invest in LNG is back,” said Saul Kavonic, an energy researcher at Credit Suisse. With prices almost tripling from 2016 lows to over $11 per mmBtu as demand gathers steam, the industry has regained confidence and is preparing [Read more]
RCMP to review arrests at B.C. pipeline blockade and create temporary detachment
SURREY, B.C. - The RCMP will review the actions of officers who arrested 14 people at an Indigenous pipeline blockade in northwestern British Columbia, and will also erect a temporary detachment to maintain safety in the area. The Mounties enforced a court injunction Jan. 7 allowing Coastal GasLink workers and contractors access to a work site where a natural gas pipeline is planned near Houston, B.C. Assistant commissioner Eric Stubbs held a news conference Monday to provide more details [Read more]
Alberta premier fed up with federal government for inaction on oil and gas
CALGARY - Alberta Premier Rachel Notley expressed frustration again Monday about a lack of progress in completing the Trans Mountain pipeline. Notley's comments came after a federal cabinet shuffle that left Natural Resources Minister Amarjeet Sohi in his portfolio. She said that's probably a good thing as removing Sohi before the outcome of a court-ordered Indigenous consultation by the National Engery Board would be likely to cause even further delay. "Albertans still need the federal [Read more]
Gear Energy Ltd. Provides First Half 2019 Capital Guidance
CALGARY, Jan. 14, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (TSX: GXE) is pleased to provide the following update to shareholders. FIRST HALF 2019 BUDGET Gear is pleased to announce a first half 2019 capital budget of $10 million, targeting a strategic balance between production stability, maximizing revenue, and further improvement of the balance sheet. Management and the Board of Directors of Gear believe that this plan will provide a foundation for growth to follow, pending the anticipated [Read more]
Duvernay Rights Divestiture: Blackspur Oil Corp. – Pembina area of Alberta
Sayer Energy Advisors has been engaged to assist Blackspur Oil Corp. (“Blackspur” or the “Company”) with the sale of its prospective Duvernay oil rights located in the Pembina area of Alberta (the “Property”). Blackspur holds working interests in 95 sections (82 net) of prospective Duvernay oil rights located in the Pembina area of Alberta. The Company holds a 100% working interest in most of the lands on the Property, holding working interests of 50% and 80% in some of the lands. The [Read more]
Surge Energy Inc. Announces 2019 Capital Budget and Production Guidance
CALGARY, Jan. 14, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that its Board of Directors has formally approved the Company's 2019 capital budget, production and operation guidance. Surge's 2019 budget is consistent with its stated goal of delivering consistent shareholder returns through disciplined per share growth, as well as a sustainable dividend. 2019 GUIDANCE; SUSTAINABLE PRODUCTION WITH FLEXIBILITY TO GROW Given the recent extreme volatility in [Read more]
Used CAT 3608 Package available at up to 65% off the price of new
Details: 2285 HP Reciprocating 3-stage, sweet Fits a large number of shale gas gathering applications Available as is (~35% of new) or fully-refurbished and warranted (~65% of new) For more information: Email: lcrawford@compassnrg.com Phone: 403-520-5801 compassnrg.com [Read more]
Canada, First Nations express concern over U.S. Arctic drilling plans
The Canadian government, two territories and several First Nations are expressing concerns to the United States over plans to open the calving grounds of a large cross-border caribou herd to energy drilling, despite international agreements to protect it. "Canada is concerned about the potential transboundary impacts of oil and gas exploration and development planned for the Arctic National Wildlife Refuge Coastal Plain," says a letter from Environment Canada to the Alaska office of the U.S. [Read more]