CALGARY, Aug. 28, 2018 /CNW/ - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH, OTCQX: PSHIF) is pleased to announce its financial and operating results for the three and six month periods ending June 30, 2018. The Company's unaudited consolidated financial statements and corresponding Management's Discussion and Analysis (MD&A) for the period will be available on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com, and on PetroShale's website at [Read more]
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Pieridae Energy second quarter reports
CALGARY, Alberta, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its second quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months periods ended June 30, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's unaudited condensed [Read more]
Eagle Energy Inc. Announces Closing of Twining Asset Sale and Debt Reduction
CALGARY, Aug. 28, 2018 /CNW/ - (TSX: EGL): Eagle is pleased to announce it has closed the sale of its entire interest in the oil and natural gas properties near Twining, Alberta to a third party for cash consideration of $CA 13.82 million before customary post-closing adjustments (the "Sale"). As planned, Eagle has used $US 8.1 million of the net proceeds from the Sale to reduce its outstanding long term debt to $US 30.4 million and intends to use the remaining net proceeds to further fund [Read more]
Connacher Announces Q2 2018 Results
CALGARY, Aug. 28, 2018 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2018 ("Q2 2018") (all amounts are in Canadian dollars unless otherwise noted). Q2 2018 Highlights Financial Q2 2018 and YTD 2018 revenue, net of royalties, totaled $54.2 million (Q2 2017 - $54.0 million) and $88.0 million (YTD 2017 - $100.9 million), respectively. For both periods, revenue, net of [Read more]
Wyoming oil basin deals rise as companies look past Permian
Oil companies looking for the next big find are wading into the Powder River Basin of Wyoming, where pipelines are not congested and land is cheaper than in Texas' Permian Basin, the world's fastest-growing oil producing region. A series of largely undisclosed land deals is fueling interest in its conventional and shale formations, according to people familiar with the transactions who requested anonymity this week to discuss the confidential deals. U.S. crude prices have risen 48 percent [Read more]
U.S. energy companies fume over rejected steel tariff exemptions
HOUSTON (Reuters) - The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration. But the department rejected a similar request from Borusan Mannesmann Pipe to exclude 4.5-inch steel pipes imported from Turkey for casing used to line new oil wells. The reason: multiple U.S. steelmakers objected to Borusan’s application, arguing they could supply the product, according to the department. Chevron [Read more]
Imperial Oil vows to employ oilsands technology to cut GHG intensity by 10%
CALGARY - Imperial Oil Ltd. is pledging to cut its oilsands greenhouse gas emissions per barrel by 10 per cent over the next five years as it ramps up production and works to get in line with increasingly stringent environmental regulation. CEO Rich Kruger says the company will achieve the improvement compared with 2016 by employing new technologies at its legacy Cold Lake oilsands wells, by reaching the full 220,000-barrels-per-day capacity of its Kearl oilsands mining project and through [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 Aug. 28 WATER TRANSFER TECHNICIAN - (GPF) Trican Well Service Ltd. Grande Prairie Aug. 27 Senior Facilities Engineer PetroChina Canada Fort McMurray Aug. [Read more]
Canstone Energy Ltd.: Twining Area Property Divestiture
Sayer Energy Advisors has been engaged to assist Canstone Energy Ltd. (“Canstone” or the “Company”) with the sale of all of its oil and natural gas properties, which are generally located in the greater Twining area, including the Equity, Ghost Pine, Huxley, Keivers Lake, Lone Pine, North Twining, Stewart Lake, Swalwell, Trochuand Twining areas of Alberta (the “Properties”). The long-life, shallow natural gas production from the Properties in the greater Twining area is mostly [Read more]
Enbridge VP of Engineering and Asset Management shares how they’re achieving long term asset optimization at Toronto Operational Excellence Summit
Michelle George, Vice President of Engineering and Asset Management at Enbridge Gas Distribution, will be joining the list of 40+ keynote speakers at the upcoming Operational Excellence in Energy & Utilities Summit, taking place in Toronto this November 26-28. Michelle will discuss how Enbridge Gas Distribution is achieving long term asset optimization with their Integrated Management System and effectively deploying capital across all asset classes. Over 150 Operations, HSE, OE, [Read more]