Just when you thought Canada’s nonsensical world of oil and gas policy couldn’t get any worse, consider this little nugget of lunacy. The federal government is actually funding anti-oil research activists. Yes, your tax dollars at work. If you visit the federal government’s Social Sciences and Humanities Research Council’s website you’ll find a document that lists grants awarded in 2015, including one for $2.5 million over six years that will fund “mapping the power of the carbon-extractive [Read more]
Headlines
Enbridge shares fall after Minnesota judge issues Line 3 recommendation
CALGARY - Shares in Enbridge Inc. were trading down nearly five per cent the day after a judge in Minnesota recommended that its Line 3 pipeline replacement project follow its existing route across the state rather than the company's preferred route. Enbridge traded as low as $37.86, off $1.96, on the Toronto Stock Exchange on Tuesday morning. In an overnight note, analysts at Desjardins Capital Markets say the administrative law judge's report could mean delays for the project [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 Apr. 23 Environmental Inspectors JSG Professional Services ULC Calgary Apr. 23 Heavy Equipment Technician - Mine Mobile Canadian Natural Resources Fort [Read more]
Leading Independent Advisory Firm, Glass Lewis, Recommends Crescent Point Shareholders Vote for All Management Nominees and Warns About Cation’s “Decidedly Vague Plan”
CALGARY, Alberta, April 24, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce that leading independent proxy advisory firm, Glass Lewis & Co. ("Glass Lewis"), has recommended that shareholders vote FOR all of Crescent Point’s director nominees using only the Company’s WHITE proxy prior to the its Annual General Meeting (“AGM”) on May 4, 2018. In reaching its recommendation, Glass Lewis stated the [Read more]
Saturn Oil & Gas Inc. Continues to Grow Land Position in Flaxcombe Area
SASKATOON, Saskatchewan, April 24, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX-V:SMI) (FSE:SMK) is pleased to announce that the Company has successfully acquired two additional sections of land in the Flaxcombe area. This brings the Company’s total land holdings to 17.0 gross sections (12.5 net) of land in west-central Saskatchewan. The two sections acquired were Crown land purchased from a major producer in the Flaxcombe area. The two sections are [Read more]
Delphi Energy Announces Successful West Bigstone Test and Commissioning of the Bigstone Montney Phase I Amine Facility Ahead of Schedule
CALGARY, Alberta, April 24, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to provide an operations update after completing its planned winter capital program. OPERATIONS UPDATE Delphi has completed its 2018 winter capital program including the Company’s Bigstone Montney amine processing facility, the drilling of four (2.6 net) new Montney wells, and the completion of seven (4.6 net) new wells. The extended winter conditions have allowed the Company to [Read more]
Response to Tzeporah Berman: If “the power of protest endures,” don’t pretend you’re interested in useful energy discussions, not with your track record anyway
I was asked the other day if I had a response to Tzeporah Berman’s recent opinion piece in the Globe and Mail. I of course felt cold and clammy and started getting the shakes; reading a piece by Berman is like being asked to go take the keys from the 6 foot 6 belligerent drunk who was just kicked out of the bar and is trying to unlock his car to drive home. There’s a feeling of inevitability that there is no way on earth this is going to be a pleasant experience. Invoking the spirit and tools [Read more]
Mission accomplished for OPEC as oil moves from slump to boom: Kemp
LONDON, April 24 (Reuters) - The slump that characterised the oil market between the middle of 2014 and the middle of 2016 has been replaced by what looks like the beginning of a boom. Benchmark Brent prices have already risen by more than $45 per barrel or 170 percent from their cyclical trough in early 2016. Front-month futures prices, at almost $75 per barrel, are now trading close to the inflation-adjusted average for the last price cycle, which started in 1998 and finished in [Read more]
Saskatchewan introduces law to allow control of oil, gas exports
REGINA - The Saskatchewan government has introduced legislation that would allow the province to control its oil and gas exports, similar to a bill recently tabled in Alberta. Once passed, the law would establish a permitting process for people or corporations looking to export energy products outside the province. The proposal does not mention British Columbia specifically, but Saskatchewan has said it is supporting Alberta in a dispute with B.C. over the Trans Mountain pipeline. The [Read more]
PrairieSky Announces First Quarter 2018 Results
CALGARY, Alberta, April 23, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2018. PRESIDENT’S MESSAGE First Quarter 2018 Highlights: Total revenues of $67.9 million comprised of royalty production revenues of $64.1 million and other revenues of $3.8 million for the first quarterAverage royalty production of 23,536 BOE per day (47% liquids) for [Read more]