ITEM#1 This 72” x 30’ x 720PSIG Separator was originally built for Husky and was transported to Grande Prairie for a more strategic shipping and inspection location. AB, BC, SK Registration 12” Inlet / Outlet 24” Water Boot Fully Wired to JB’s c/w H2S, LEL, Lights, Heaters, and ESD’s Located at a fabrication shop so any changes or alterations are extremely cost efficient Click here for drawing set ITEM#2 This 72” x 20’ x 720 PSIG Separator was built by ProPak and was [Read more]
Headlines
Pan Orient Energy Corp: 2017 Third Quarter Financial & Operating Results
CALGARY, Alberta, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Pan Orient Energy Corp. (“Pan Orient” or the “Company”) (TSXV:POE) reports 2017 third quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Company is today filing its unaudited consolidated financial statements as at and for the nine months ended September 30, 2017 and related management’s discussion and analysis with [Read more]
Strategic Oil & Gas Ltd. Announces Third Quarter 2017 Financial Results and Provides Operations Update
CALGARY, Alberta, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV:SOG) reports financial and operating results for the three months ended September 30, 2017. Detailed results are presented in Strategic's interim unaudited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which will be available through the Company's website at www.sogoil.com and on SEDAR at www.sedar.com. NEW MUSKEG WELL [Read more]
Suncor Energy announces 2018 capital program and production outlook
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Suncor released its 2018 corporate guidance today which includes a capital program of between $4.5 and $5.0 billion and average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year production increase of more than 10 per cent and a capital spending reduction of approximately $750 million. Suncor's Oil Sands operations cash operating costs per barrel are [Read more]
Birchcliff Energy Ltd. Announces TSX Approval for Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Corporation's notice of intention to make a normal course issuer bid (the "NCIB"). Birchcliff believes that within a continued volatile market environment, the prevailing market price of its common shares ("Common Shares") from time to time may not reflect the underlying value of such shares. [Read more]
Trans Mountain Seeks Determination from National Energy Board
CALGARY, Oct. 26, 2017 /CNW/ - After a thorough and lengthy process, taking into consideration local interests along with technical and scientific evidence, the National Energy Board (NEB) and the Government of Canada granted their approvals for the Trans Mountain Expansion Project in 2016. The Board and the Government considered timing and schedule in their determination that the Project is in the public's interest. After many months of working in good faith to obtain municipal permits from [Read more]
Obsidian Energy settles with U.S. Securities Commission over fraud charges
CALGARY - Obsidian Energy Ltd. says it has reached a US$8.5-million settlement with the U.S. Securities and Exchange Commission over fraud-related charges filed earlier this year. The SEC had alleged the company and three executives participated in a "multi-year accounting fraud" where hundreds of millions of dollars were moved from operating expense accounts to capital expenditure accounts to improve the appearance of its operating metrics. Under the settlement, the company [Read more]
Canada’s Cenovus to sell some Deep Basin gas assets
Canadian oil producer Cenovus Energy Inc has put a package of some of its Deep Basin gas assets for sale, the company's new chief executive said on Wednesday, adding that Cenovus was looking to reduce costs in the long term. The assets in Deep Basin, which straddles the provinces of British Columbia and Alberta, were not core to the business, said Alex Pourbaix, who took charge as CEO earlier this month. "If there's anything that I might put a slight twist on strategy, [Read more]
New Cenovus Energy CEO says he will fix balance sheet and regain trust
CALGARY - The new CEO of Cenovus Energy Inc. (TSX:CVE) says he will focus on paying down debt through asset sales as he works to regain the trust of investors. Alex Pourbaix, 52, says he wants to ensure the Calgary-based company produces oil and gas that's cost competitive with any other region of the world to ensure ongoing profitability. The lawyer who retired last spring as chief operating officer of pipeline company TransCanada Corp. (TSX:TRP) says supporting new energy [Read more]
U.S. crude, gasoline stocks build unexpectedly as output rises: EIA
(Reuters) - U.S. crude oil and gasoline inventories grew unexpectedly last week as crude production and refining output rose, the Energy Information Administration said on Wednesday. Crude inventories rose for a second week in a row, building by 1.9 million barrels in the week to Nov. 10, contrary to analyst expectations in a Reuters poll for a decrease of 2.2 million barrels. The build, however, was lower than the 6.5 million-barrel rise reported by trade group the American Petroleum [Read more]