CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) is pleased to announce its budget for 2018. KEY HIGHLIGHTS Achieved 2017 exit rate of 183,000 boe/d and expects 2018 year-over-year exit growth of approximately seven percent. 2018 capital budget focused on returns, with over 75 percent of net wells drilled expected to payout in two years or less. Increased total corporate productive capacity by [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. Dec. 21 Special Projects Manager Razor Energy Corp. Calgary Dec. 21 Operations Procurement Coordinator Razor Energy Corp. Calgary Jan. 8 Floorhands High Arctic Energy Services Calgary Jan. 8 Field [Read more]
Crew Energy Inc. Announces Executive Appointments
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) today announces certain executive changes and appointments. With a clear focus on unlocking the value of Crew’s world-class Montney play in northeast British Columbia (“NEBC”), the Company has cultivated and continues to develop an experienced team of technically proficient and commercially-focused professionals. The depth provided by the growth and evolution of the individuals on our team [Read more]
Blackbird Energy Inc. Provides Initial Production Results From Its Condensate-Rich Pipestone/Elmworth Montney Play
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to provide initial production results from three new development wells on its condensate-rich Pipestone/Elmworth Montney play, announce the completion of its planned delineation program and provide its preliminary 2018 outlook. “A key focus for Blackbird in 2017 was the continued application of high intensity completions to our wells on the Pipestone/Elmworth corridor. [Read more]
Point Loma Announces Closing of its Private Placement Offering of Common Shares to Evenergy Company Limited and Appointment of Officers
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX-V:PLX) ("Point Loma" or the "Company") is pleased to announce that it has closed the private placement financing of 2,597,321 common shares of the Company (the "Common Shares") issued to Evenergy Company Limited ("Evenergy") at a price of $0.29 per share for aggregate gross proceeds of approximately $0.75 million (the "Offering"). The Offering was completed pursuant to an investor rights agreement between the [Read more]
OSY Rentals 16” x 7’6” Separators Available for Purchase, Rent, Rent to Purchase
MAWP - 1480 PSI Dressed - 3 Phase dressed 2 Phase Inlet Conrol - N/A Back Pressure Control - Fisher Control Valve w/ Fisher 4150 Methanol - Yes Gas Metering - 2” Sr. Meter Run w/ 4102 Control Microsystem Liquid Metering - Sur-Flo SF1015 Heated/Enclosed - Yes Wholesale Price $12,500.00 Also Available for Rent or Rent to Purchase Over 25 Available Contact Greg Cairns at (780) 806-8700 or greg@osyrentals.com [Read more]
Pulse Oil Corp. announces independent assessment of 100% controlled Bigoray Enhanced Oil Recovery project
CALGARY, Jan. 9, 2018 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL) reports today on the independent resource assessment (the "Resource Assessment") of the Company's Nisku Enhanced Oil Recovery ("EOR") project in the Bigoray area of Alberta ("Bigoray"). The estimate, completed by Sproule Associates Limited ("Sproule"), an independent qualified reserves evaluator, with an effective date of December 6, 2017, includes the Bigoray EOR project potential only, and is in addition [Read more]
Encana delivers strong finish to 2017; innovation, execution and efficiency set the stage for self-funded growth in 2018
CALGARY, Alberta, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Encana (TSX:ECA) (NYSE:ECA) delivered strong performance through the fourth quarter of 2017 to close another year successfully executing its strategy, delivering significant oil and condensate growth and driving additional efficiency gains. Supported by the strong finish to 2017, the company is firmly on track to meet or exceed the targets in the five-year plan shared at its Investor Day in October 2017. Driven by its focus on innovation and [Read more]
Canada’s 1st VIRTUAL Trade Show For the Oil and Gas Industry May 8th and 9th 2018
Click here to view the video about the Industry Connect event May 8-9th 2018 from 5 Star Media Group on Vimeo. Free Registration for a limited time Click here to pre-register for this revolutionary industry only event which will offer solutions that reduce your operating costs and improve your bottom line. Industry Connect- Canada’s first VIRTUAL trade show for the oil and gas industry. Virtually Join us on May 8th and 9th 2018 for our exclusive industry only event. At the [Read more]
ATB Financial increases ownership of AltaCorp Capital after founder’s death
CALGARY - ATB Financial says its ownership of Calgary investment firm AltaCorp Capital is growing from a minority to a majority interest under succession provisions triggered by the sudden death of AltaCorp founder and CEO George Gosbee in November. ATB CEO Dave Mowat says the Alberta government-owned lender has purchased Gosbee's shares from his estate to become the controlling shareholder in order to ensure short-term "continuity" of the business. But he adds the provincial [Read more]