ODESSA, TEXAS (Reuters) - Job fairs are stocked with people hungry for better opportunities, but inside the MCM Grande Hotel in Odessa, Texas, oil services giant Halliburton is the one doing the wooing. “We need to hire you is our message,” said Chris Redman, a field services manager with Summit ESP, which Halliburton acquired last year. More than 500 men and women flocked to the hotel in Odessa, Texas, on a Thursday last month to be courted by Halliburton, which needs people to handle [Read more]
Headlines
Canada crude differential seen staying high as refiners take downtime
The discount on Canada's heavy crude, which reached a nearly five-year high this week, looks to remain elevated with pipelines strained and the refiners who buy it going offline for maintenance, industry officials say. Western Canada Select (WCS) oil traded on Tuesday for $34.15 per barrel less than West Texas Intermediate light oil , the biggest differential since November 2013, according to Shorcan Energy Brokers. The differential reduces the benefits of otherwise recovering global [Read more]
Perpetual Energy Inc. Releases Second Quarter 2018 Financial and Operating Results
CALGARY, Aug. 2, 2018 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release its second quarter 2018 financial and operating results. A complete copy of Perpetual's unaudited condensed interim consolidated financial statements and related Management Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2018 can be obtained through the Company's website at www.perpetualenergyinc.com and SEDAR [Read more]
Advantage Announces Second Quarter 2018 Operating & Financial Results
Commissioning of Glacier Gas Plant Expansion to 400 mmcf/d Creates Significant Available Processing Capacity for Future Growth (TSX: AAV, NYSE: AAV) - CALGARY, Aug. 2, 2018 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") successfully commissioned its major gas plant expansion project in the second quarter of 2018 at the Corporation's 100% owned Glacier sour gas facility. This is a strategic milestone in the development of Advantage's Montney resource as our [Read more]
Enbridge Inc. Reports Strong Second Quarter 2018 Results and Significant Progress on Strategic Priorities
CALGARY, Aug. 3, 2018 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE: ENB) today reported second quarter 2018 financial results and provided a quarterly business update. SECOND QUARTER 2018 HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) GAAP earnings were $1,071 million or $0.63 per common share for the second quarter, compared to $919 million or $0.56 per common share in the second quarter of 2017, both [Read more]
Pengrowth Reports Second Quarter Results With 16% Increase in Average Daily Production and 40% Increase in Adjusted Funds Flow Since Q1 2018
CALGARY, Alberta, Aug. 03, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and six months ended June 30, 2018. Unless otherwise indicated, financial figures are expressed in Canadian Dollars. "We continue to execute on the multi-year development plan we launched on June 26th of this year. The eight infill wells that were completed at Lindbergh in the second quarter started steam stimulation last week," said [Read more]
Pembina Pipeline Corporation Reports Second Quarter 2018 Results
Pembina reports record second quarter results including a 136 percent increase in Adjusted EBITDA over the second quarter 2017. All financial figures are in Canadian dollars unless noted otherwise. CALGARY, Aug. 2, 2018 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the second quarter of 2018. Operational and Financial Overview ($ millions, except where [Read more]
BlackPearl Announces Second Quarter 2018 Financial and Operating Results
CALGARY, Aug. 2, 2018 /CNW/ - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX: PXX) (NASDAQ Stockholm: PXXS) is pleased to announce its financial and operating results for the three and six months ended June 30, 2018. Highlights include: BlackPearl's production averaged 11,250 boe/d in Q2 2018, a 13% increase compared to 9,927 boe/d in Q1 2018. The increase in production is attributable to the successful ramp-up of production from the expansion of our Onion [Read more]
Cardinal Energy Ltd. Announces Second Quarter 2018 Results
CALGARY, Alberta, Aug. 02, 2018 (GLOBE NEWSWIRE) -- (TSX: CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the quarter ended June 30, 2018. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended June 30, 2018, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website [Read more]
Saturn Oil & Gas Inc. Commences Horizontal Completions Program
SASKATOON, Saskatchewan, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SMI) (FSE: SMK) is pleased to announce that it has commenced completions operations on the previously announced (see news release dated July 16, 2018) Viking and Success horizontal drill program. Saturn has begun completions on the five well program consisting of three extended reach Viking horizontal wells, one half-mile horizontal Viking and one Success horizontal well. The [Read more]