CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three month period ended March 31, 2018. Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2018 are available on Crew’s website and filed on SEDAR. HIGHLIGHTS Production Growth in Q1 2018: At 25,939 boe per day, average volumes [Read more]
Headlines
Alberta premier confident pipeline talks will succeed by May 31 deadline
EDMONTON - Alberta Premier Rachel Notley says she's confident talks aimed at getting construction of the Trans Mountain pipeline expansion back on track will be successful before a May 31 deadline. Notley says she can't divulge details of talks with Kinder Morgan, but says they are focused on the financial viability of the $7.4-billion project and on getting construction restarted this summer. Alberta and Prime Minister Justin Trudeau's government are in discussions with the company to [Read more]
Alberta adds two-year sunset clause to bill that would regulate oil shipments
EDMONTON - Alberta is putting an expiry date on proposed legislation that would allow the province to regulate oil and gas shipments. The government has said it might use such a law against British Columbia if that province continues to block an expansion of the Trans Mountain pipeline. Parties on both sides of the house voted on Wednesday to accept an Alberta Party amendment to put a two-year limit on the bill. It proposes that Alberta have the power to restrict and redirect flows of [Read more]
MEG Energy reports strong first quarter 2018 results
Solid operational and financial results, along with substantial liquidity, position MEG well for its next stage of growth All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY, May 10, 2018 /CNW/ - MEG Energy Corp. (TSX:MEG) today reported first quarter 2018 operating and financial results. Highlights include: Record first quarter production volumes of 93,207 barrels per day (bpd), reflecting the continued ramp-up of MEG's eMSAGP growth initiative [Read more]
Spartan Energy Corp. Announces First Quarter Financial and Operating Results
CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to report its financial and operating results for the three months ended March 31, 2018. Selected financial and operational information is set out below and should be read in conjunction with Spartan's March 31, 2018 interim consolidated financial statements and the related management’s discussion and analysis, which are available for review at www.sedar.com or on the [Read more]
Tamarack Valley Energy Ltd. Announces Successful 2018 First Quarter Results with Record Production
CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- Tamarack Valley Energy Ltd. (“Tamarack” or the “Company”) (TSX:TVE) is pleased to announce its financial and operating results for the three months ended March 31, 2018. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack’s unaudited condensed consolidated interim financial statements (“Financial Statements”) for the three months ended March 31, 2018 and related management’s [Read more]
Enbridge Inc. Reports First Quarter 2018 Results
CALGARY, May 10, 2018 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported first quarter 2018 financial results and provided a quarterly business update. FIRST QUARTER HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) GAAP earnings were $445 million or $0.26 per common share for the first quarter, including the impact of a number of unusual, non-recurring or non-operating factors Adjusted earnings [Read more]
Sproule presents a new two-day workshop on the fundamentals of SPE-PRMS for technical professionals
Sproule presents a new two-day workshop on the fundamentals of SPE-PRMS for technical professionals. Refresh your knowledge or gain new concepts on the components of the Petroleum Resources Management System (PRMS) of the Society of Petroleum Engineers (SPE) to classify recoverable volumes of oil and gas in prospective resources, contingent resources, and finally, reserves as the prospects advance toward maturity. This workshop is designed for anyone who wants to understand the concepts [Read more]
Microsoft teams up with Quorum Software for The Modern Energy Workplace Executive Briefing
Last October, Quorum Software and Microsoft revealed the latest evolution in operational efficiency for oil & gas. If you haven’t seen the news already, the Modern Energy Workplace has arrived and appears to be taking the energy industry by storm. Tuesday’s event at the Microsoft Technology Centre (MTC) was based around Quorum’s Land software offering, myQuorum Land Canada. After 5 years of planning, engineering and production, Quorum is poised to bring the digital transformation to the [Read more]
OSY Rentals Seeking Surplus Production Equipment
Western Canada based OSY Rentals is seeking surplus production equipment to purchase. The company is currently seeking new or used: Vapour tight tanks Flare stacks Knockouts Separators Please contact dallas@osyrentals.com or greg@osyrentals.com OSY Rentals is an oilfield rental and sales company specializing in Vapour Tight Tank Packages, flares, knockouts and separators. Currently expanding our operations, we’re focused on providing the western Canadian oil and gas [Read more]