CALGARY, Alberta, Nov. 28, 2017 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces that the Toronto Stock Exchange ("TSX") has accepted for filing the Company's notice of intention to make a normal course issuer bid ("NCIB"). Pursuant to the NCIB, Prairie Provident may repurchase from time to time up to a maximum of 4,900,000 common shares, at such times and in such quantities as the Company may determine, subject to applicable regulatory [Read more]
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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. Nov. 28 Contract Field Operator Roska DBO Hardisty Nov. 28 Nitrogen Operator (Fracturing Services) STEP Energy Services Red Deer Nov. 28 Supervisor (Fracturing Services) STEP Energy Services Red [Read more]
XI Technologies whitepaper cautions against using LLR to estimate ARO
Calgary, AB, November 28, 2017 – Calgary-based oil and gas data and software company XI Technologies Inc. has published a whitepaper outlining 5 key reasons why Alberta Energy Regulator’s (AER’s) Licensee Liability Rating (LLR) should not be used to estimate long-range Asset Retirement Obligation (ARO) for Alberta operating and non-operating oil and gas companies. Initially created in the early 2000s, LLR was never designed to be used for estimating ARO. Doing so could lead companies to overlook [Read more]
Saturn Oil + Gas Inc. Announces Asset Exchange Agreement and Operational Update
SASKATOON, SASKATCHEWAN--(Marketwired - Nov. 28, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce it has entered into an Asset Exchange Agreement with a major Viking producer and successfully completed drilling operations on its first two Viking horizontal wells. Saturn has transferred 50% of its net working interest in one section of land in the Lucky Hills pool, with rights from surface to base Viking, in exchange for two [Read more]
TransCanada says it expects enough shipper support to advance Keystone XL
CALGARY - TransCanada Corp. (TSX:TRP) said Tuesday it has started to engage with Nebraska landowners along the alternate route of its Keystone XL pipeline approved last week. Speaking at an investor day in Toronto, Dean Patry, senior vice-president of liquids, said the company continues to review the regulatory approval from the Nebraska Public Service Commission, but has already started speaking with new stakeholders. "The alternate route would involve a number of new landowners [Read more]
Suncor Energy confirms first oil production at Hebron project
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2017) - Suncor today confirmed that it has been advised by the operator of the Hebron project, ExxonMobil Canada, that Hebron produced its first barrel of oil on Nov. 27, 2017. At peak, Hebron is expected to produce up to 150,000 barrels of oil per day with approximately 31,000 barrels of oil per day net to Suncor. Suncor holds a 21 per cent interest in the project. "I'd like to acknowledge the co-venturers and the operator, ExxonMobil Canada for [Read more]
ExxonMobil Starts Production at Hebron Field
Project expects to produce up to 150,000 barrels of oil per day at peak Project achieved more than 40 million hours without a lost-time injury Project completed ahead of schedule IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day. Discovered in 1980, the Hebron field is estimated to contain more than 700 [Read more]
Pembina Pipeline Corporation Launches $300 Million Bought Deal Preferred Share Offering
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2017) - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX:PPL)(NYSE:PBA) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by RBC Capital Markets, CIBC World Markets, and Scotiabank (together, the "Underwriters") pursuant to which the Underwriters have agreed to purchase from Pembina 12,000,000 cumulative redeemable minimum rate reset class A preferred shares, Series 21 (the "Series 21 [Read more]
TransCanada to Highlight Sustainable Long-term Growth at Investor Day; Reaffirms Dividend Growth Expectations to 2020 and Provides Outlook for 2021
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will host its annual Investor Day in Toronto today where it will provide a financial update and review strategic plans for its natural gas pipelines, liquids pipelines and energy businesses. "Today, our $86 billion high-quality portfolio of energy infrastructure assets is performing very well," said Russ Girling, TransCanada's president and chief executive officer. [Read more]
OSY Rentals Inventory Update —Special Seasonal Discounts
November 2017 Inventory New**-25 BBL 50 PSI Platinum Knockout New 25 BBL 50 PSI Knockout 6” Inlet/Outlets Fully internally coated Enclosed/Heated/ Skidded Site Glass Still Column Buy Before December 1st and get 25% off retail ($49,500) 24”x7’6” Sour Separator Dressed 2 Phase New Sour Separator Includes, 1440 MAWP, 3” Full port ESD valve, High pressure and Highlevel Shutdowns, Kimray D-Body back pressure regulator w/ Fisher 4150 controller, 3” Sr. Meter run w/ [Read more]