With news headlines dominated by pipeline power struggles, a lingering lower-for-longer sentiment, and of course the media circus to the south of us, it’s easy to assume that 2017 was a year that didn’t yield a lot of progress for Canada’s E&P energy sector. While 2017 certainly brought challenges, a look back at the data shows that a lot of good work was done by a Canadian E&P sector that simply refuses to say “uncle”. At XI Technologies we believe in the power of data to enlighten [Read more]
Headlines
FrontFour Formally Provides Advance Notice of the Nomination of Four Highly Qualified Directors for Election at Obsidian’s 2018 Annual and Special Meeting
GREENWICH, Conn., April 3, 2018 /PRNewswire/ -- FrontFour Capital Group LLC, together with its affiliates ("FrontFour" or "we"), a significant shareholder of Obsidian Energy Ltd. ("Obsidian" or, the "Company") (TSX/NYSE: OBE) with an ownership interest of approximately 6.3% of the Company's outstanding shares, today announced that it has formally provided advance notice to the Company of the nomination of a slate of four highly-qualified candidates for election to the Board of Directors (the [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. 3 Category Specialist, Asset Management Calfrac Well Services Houston or Calgary Apr. 3 Credit Analyst AltaGas Calgary Apr. 3 Category Manager, Chemical [Read more]
ConocoPhillips spends $154M to increase Canadian Montney stake
CALGARY - Houston-based ConocoPhillips Co. says it is selling oil and gas assets in the United States while increasing its stake in Western Canada. The company that sold most of its Canadian oilsands and conventional drilling operations to Cenovus Energy Inc. last year says it recently closed or signed deals to sell C$320 million in non-core assets in the U.S., including several packages in the Permian Basin of Texas. It says it spent C$154 million to add 14,000 hectares to its existing [Read more]
Birchcliff Energy Ltd. and Altagas Ltd. Announce New Long-Term Processing Arrangement at Altagas’ Deep-Cut Processing Facility in Gordondale
CALGARY, Alberta, April 03, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) and AltaGas Ltd. (“AltaGas”) (TSX:ALA) are pleased to announce that they have entered into a definitive agreement for a long-term natural gas processing arrangement (the “Processing Arrangement”) at AltaGas’ deep-cut sour gas processing facility located in Gordondale, Alberta (the “Gordondale Facility”). The new Processing Arrangement will be effective from January 1, 2018 and will replace the [Read more]
TransCanada Places Final Section of 2017 NGTL Expansion Program into Service
CALGARY, Alberta, April 03, 2018 (GLOBE NEWSWIRE) -- Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced its Northwest Mainline Loop-Boundary Lake pipeline has been placed into service, completing the final section of its 2017 Expansion Program on the NOVA Gas Transmission Ltd. (NGTL) System. With the completion of winter construction activities, the 2017 Expansion Program represents a $1.7 billion investment in Canadian natural gas infrastructure, and [Read more]
Canadian light oil prices hit with same discounts afflicting oilsands prices
CALGARY - The same factors that have inflated the discount paid for Canadian oilsands heavy crude compared with U.S. oil are also driving a substantial rise in the discount for light Canadian oil, according to a report from accounting firm Deloitte published Tuesday. The difference between New York-traded West Texas Intermediate and Edmonton Light oil prices widened to US$7.32 per barrel in January, an 86 per cent increase over the average of US$3.93 per barrel in the fourth quarter of last [Read more]
GLJ Petroleum Consultants: April 2018 Price Forecast
We work in an energy industry that, with each passing moment, is becoming more and more interesting. “Living in interesting times” is often eluded to as a traditional Chinese curse generally referring to existing with disorder and change. Changes are rampant throughout the energy industry, be it recent advances in technology, the global power struggle over market share, or newly emerging markets which may disrupt the industry as a whole. In 2018, we appear to be living in increasingly [Read more]
Olds College Offers Land Agent 2 Year Diploma
Are you an excellent communicator? Do you enjoy working with people? Do you have an interest in negotiations? If so, a career as a Land Agent may be an excellent option for you. As a Land Agent you will work with industry, government, regulators, landowners and stakeholders to arrive at mutually beneficial solutions to the acquisition of land for well sites, pipeline routes, highways and utility right of ways and alternate energy sites. You can play a vital role in facilitating access to [Read more]
Bellatrix Announces Alder Flats Plant Phase 2 Start-Up, Updated Commodity Risk Management Contracts and Updated 2018 Guidance
CALGARY, Alberta, April 03, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, “we”, “our” or the “Company”) (TSX:BXE) (NYSE:BXE) announces the start-up of the Phase 2 expansion project at the Bellatrix O’Chiese Nees-Ohpawganu’ck deep-cut gas plant at Alder Flats (the “Alder Flats Plant”), an update of commodity risk management contracts, and revised 2018 corporate guidance. Bellatrix Alder Flats Plant Phase 2 Fully Commissioned in March, Ahead of Schedule and Under Budget The [Read more]