Heritage Royalty is currently marketing Fee Simple mineral rights for lease on its Palliser Block in Southern Alberta. Click here to view more detailed information Formations: Highly prospective for Mannville & Mississippian Interest Type: Fee Simple/Freehold Interest: 100% Currently Producing: No More information found at PNGexchange.com [Read more]
Headlines
International Petroleum Corp. to Acquire BlackPearl Resources Inc. in Strategic Business Combination of High Quality, Long Life Producing Assets and Exciting Organic Growth Opportunities
CALGARY, Oct. 10, 2018 /CNW/ - International Petroleum Corp. ("IPC") (TSX, Nasdaq Stockholm: IPCO) and BlackPearl Resources Inc. ("BlackPearl") (TSX: PXX, Nasdaq Stockholm: PXXS) are pleased to announce that they have entered into an agreement under which IPC will acquire all of the shares of BlackPearl based upon a share exchange ratio of 0.22 shares of IPC for each BlackPearl share (the "Transaction"). Based upon a volume weighted average price (VWAP) of the IPC Shares for the last thirty [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 to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Oct. 9 4th Class Plant Operators for Night Shift Roska DBO Fort St. John Oct. 5 Floorhands Komat Drilling Ltd. Wainwright Oct. 5 PARTS PERSON - (RD2) Trican [Read more]
Blast at Irving Oil’s Saint John refinery unlikely to hit gas prices
The explosion that rocked Irving Oil's Saint John refinery on Monday is unlikely to affect the price of gasoline in Canada, according to experts. The quick return to the facility by contractors and the fact its fuel storage tanks were likely full to ensure customers were supplied during a scheduled maintenance shutdown mean the refinery interruption should have little short-term impact on consumers, they said. "It comes at a fairly good time for motorists as far as inventory reports in the [Read more]
Opposition leader Andrew Scheer talks energy with Indian PM Modi
OTTAWA - Conservative Leader Andrew Scheer has met with Indian Prime Minister Narendra Modi. Scheer's office says the meeting took place in New Delhi today, as part of the Opposition leader's trip to India to forge economic links and deepen trade with the country. Scheer says he told Modi if he ever becomes prime minister he'll make it easier for Canadian oil and gas to be shipped to India. He says he wants to make Canada a supplier of safe and secure energy to India. He says in a [Read more]
Pulse Oil Corp. Updates Well Reactivation Timing, Announces Acquisition of Important Bigoray Wells from Third Party
CALGARY, Oct. 9, 2018 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) announced an update to Pulse's Q4 2018 Bigoray well reactivation program as follows: Reactivation 1 Details: Pulse anticipates receiving regulatory approval by the Alberta Energy Regulator ("AER") for the transfer of its next Bigoray well, located in the Bigoray Nisku E Pool, to be reactivated from the Orphan Well Association ("OWA"), by October 23, 2018. Pulse holds 100% of the [Read more]
Point Loma Resources Closes Additional Non-Core Disposition and Kicks-off Q4 2018 Drilling Program Activities
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has closed an additional non-core transaction to sell royalty interests acquired as part of a recent east central Alberta transaction and provides an update on its Q4 2018 drilling program activities. Non-core Asset Dispositions Update Point Loma has sold certain royalty interests and a 1% gross overriding royalty on properties acquired in east [Read more]
Receivership Sale: Animus Capital Partners Inc. – Ernst & Young Inc. – Ranch Energy Corporation
Animus Capital Partners Inc. (“Animus”) has been engaged as exclusive financial advisor to assist Ernst & Young Inc. (“EY”), in its capacity as Court appointed Receiver and Manager of Ranch Energy Corporation (“Ranch” or the “Company”), with EY launching a broadly marketed sales process for the Ranch oil & gas properties. Ranch has natural gas producing assets located in the Wildboy, Cordova, and Fort St. John areas of northeastern British Columbia. The Company has high working [Read more]
Call it what you want, but the National Energy Program is back
Not everyone is a market hawk. Not everyone enjoys watching the prices of everything from orange juice to pork bellies to crude oil bounce around like tennis balls in a dryer. Not everyone gets swept up in the nuances of hourly price changes, and that is a good thing – such short-term small fluctuations are often trader-driven and borderline irrelevant. On the other hand, some market data is pretty shocking and worth taking a peek at. For those that don’t pay much attention to markets, I [Read more]
Experts express concern about refinery safety in wake of Irving blast
Oil refineries and other large industrial operations that are surrounded by residential communities need to work harder to ensure safety and protect their own bottom lines, multiple experts say. A massive refinery blast shook Saint John, N.B., on Monday, sending flames and black smoke into the sky but causing only minor injuries, leaving officials relieved it wasn't far worse. Kevin Scott, Irving Oil's chief refining and supply officer, told reporters at an afternoon briefing [Read more]