Kinder Morgan Canada Ltd has appealed again to the country's energy regulator, asking it to set up a process to resolve potential disagreements with provincial or municipal governments over its planned Trans Mountain oil pipeline expansion project. Kinder Morgan made the request on Tuesday after the National Energy Board last week rejected its proposal to expedite an earlier appeal to obtain permits from the city of Burnaby in British Columbia. (Reporting by Ethan Lou and Nia [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. 14 Field Technical Specialist - Coiled Tubing STEP Energy Services Red Deer Nov. 13 IN-LINE INSPECTION COORDINATOR JSG Professional Services ULC Calgary Nov. 13 System Design Engineering Internship [Read more]
Cona Resources Ltd. Announces Third Quarter 2017 Results and 2018 Guidance
CALGARY, Nov. 14, 2017 /CNW/ - Cona Resources Ltd. ("Cona" or the "Company") (TSX: CONA) announces its operating and financial results for the three and nine months ended September 30, 2017. Cona's financial statements and management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2017 are available on our website at www.conaresources.com and on SEDAR at www.sedar.com. FINANCIAL AND OPERATING HIGHLIGHTS Three months ended Nine months [Read more]
Saudi Arabia’s admirable plans most likely involve another oil price shock, and soon
Sometimes it’s funny listening to armchair quarterbacks, the ones who comfortably critique the pros because there is zero chance they’ll ever be in a position to show the world how miserably they’d perform in a similar situation. It’s not just a sports phenomenon; we see it in business too. A recent wave has been OPEC bashers, specifically Saudi Arabia. While some of us (ahem) may make fun of their gold Ferraris, it is very unwise to think they don’t know what they’re doing when it comes to [Read more]
Oil prices hit by profit-taking after funds build record bullish position: Kemp
LONDON (Reuters) - Crude oil prices and calendar spreads have started to soften in recent trading sessions, in what is likely to be profit-taking after hedge funds amassed a record bullish position in the petroleum complex. Hedge funds and other money managers had accumulated a record net long position in the five largest futures and options contracts linked to crude and fuels by Nov. 7, according to regulatory and exchange data. Fund managers held a net long position equivalent to 1,085 [Read more]
Touchstone Announces Third Quarter 2017 Financial Results
CALGARY, Alberta, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) announces its financial and operating results for the three months ended September 30, 2017 (the “third quarter”). Selected financial and operational information is outlined below and should be read in conjunction with Touchstone’s September 30, 2017 unaudited interim consolidated financial statements and related management’s discussion and analysis, both of which [Read more]
Nebraska regulator to announce Keystone XL permit decision on Nov. 20
The Nebraska Public Service Commission announced Monday it will issue its decision on whether to approve the permit to allow construction of the Keystone XL pipeline on Nov. 20, the last regulatory hurdle for the controversial project. On that day, the five-member PSC will take a vote on the decision in Lincoln, Nebraska, which will be open to the public. The decision will mark the final hurdle for the long-delayed project after President Donald Trump gave it federal approval in [Read more]
Corridor Announces Third Quarter Results
HALIFAX, NOVA SCOTIA--(Marketwired - Nov. 13, 2017) - Corridor Resources Inc. (TSX:CDH) ("Corridor") announced today its third quarter financial results. The following table provides a summary of Corridor's financial and operating results for the three and nine months ended September 30, 2017, with comparisons to the three and nine months ended September 30, 2016. Corridor's unaudited financial statements and management's discussion and analysis for the third quarter have been filed on SEDAR [Read more]
Zargon Oil & Gas Ltd. Provides 2017 Third Quarter Results and Provides First Half 2018 Guidance and Capital Budget
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) (TSX:ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2017) Third quarter 2017 production averaged 2,628 barrels of oil equivalent per day, a five percent increase from the preceding quarter rate of 2,500 barrels of oil equivalent per day. Third quarter 2017 funds flow from operating activities of $1.76 million increased 54 percent from the [Read more]
Cenovus reaches agreement to sell interest in Weyburn asset for $940 million
CALGARY, Alberta, Nov. 13, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million. The sale is expected to close in the fourth quarter of 2017, subject to customary closing conditions. The previously announced sale of Cenovus’s Pelican Lake assets closed on September 29, 2017 and the company still anticipates the [Read more]