HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the 190 counted in September 2017, and up 4 from the 200 counted in October 2016. The average US rig count for October 2017 was 922, down 18 from the 940 counted [Read more]
Headlines
GeoCarta Data Management Module
Divestco is proud to announce the launch of an exciting new Data Management module for GeoCarta, our powerful GIS based mapping software that lets project teams explore, analyze, filter, map and extract public and proprietary data. GeoCarta for Data Management enables you to verify your data before it is added to the database, thus making sure the data is valid and of the highest quality. Validated data ensures better business decisions, saving time and money. Our Data Management Module [Read more]
Canadian Natural Resources Limited Announces 2018 Budget
CALGARY, ALBERTA--(Marketwired - Nov. 7, 2017) - Commenting on the Company's 2018 budget, Steve Laut, President of Canadian Natural (TSX:CNQ)(NYSE:CNQ), stated, "Canadian Natural's transition to a long life low decline asset base is complete, as the Horizon Phase 3 expansion has been successfully executed. The strength of the Company is reflected in the 2018 budget as we target overall production between 1,090,000 and 1,170,000 BOE/d. This represents a 17% increase over 2017 production levels [Read more]
Marquee Energy Ltd. Announces Executive Change
CALGARY, Nov. 6, 2017 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQX") announces that, effective November 3, 2017, Mr. Richard Thompson has resigned as President, Chief Executive Officer and Director of Marquee. Dr. William J.F. Roach will continue as the Interim Executive Chairman of the Board of Directors with the responsibilities of President and Chief Executive Officer. ABOUT MARQUEE Marquee is a Calgary based, junior energy company focused on high [Read more]
Journey Energy Inc. Reports its Third Quarter 2017 Financial Results
CALGARY, Nov. 6, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces its financial and operating results for the three and nine month periods ending September 30, 2017. The complete set of financial statements and management discussion and analysis are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. THIRD QUARTER 2017 HIGHLIGHTS Highlights for the third quarter and to date are as follows: Achieved production of 10,088 boe/d, [Read more]
Pembina Pipeline Corporation Announces $290 Million of Duvernay Infrastructure Development
CALGARY, Nov. 6, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it has executed further agreements ("Service Agreements") whereby the Company will construct and operate the first tranche of infrastructure development under its previously announced 20-year infrastructure development and service agreement (the "Agreement") with Chevron Canada Limited ("Chevron"). The Agreement includes over 230,000 acres of land dedication by Chevron in [Read more]
Chevron Canada Limited Announces Kaybob Duvernay Development Program
CALGARY, Nov. 6, 2017 /CNW/ - Chevron Canada Limited (Chevron) announced today it is moving into development on a portion of its leaseholdings in the Kaybob Duvernay area of west-central Alberta. The decision follows a successful three-year appraisal program by Chevron. It is anticipated this initial development program will comprise approximately 55,000 acres of Chevron's operated position in the Duvernay resource in the area known as East Kaybob. The program will utilize long-term [Read more]
TransCanada Appoints New Independent Director
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the appointment of a new independent director, Thierry Vandal. Mr. Vandal has more than 30 years of experience in the North American power and utility industry. He currently serves as president of Axium Infrastructure US, Inc. and as a director of Axium infrastructure inc., in addition to holding positions on the board of directors of Royal Bank of Canada [Read more]
Alberta premier going on tour to stump for Trans Mountain pipeline project
EDMONTON - Alberta Premier Rachel Notley is to go on tour later this month to stump for the Trans Mountain pipeline, but is resisting opposition calls to wield a big stick against its opponents. Notley is to speak in Toronto, Ottawa, Vancouver, Calgary and Edmonton over the next three weeks on the importance of the pipeline expansion to the British Columbia coast through Burnaby. The $7.4-billion Kinder Morgan Canada (TSX:KML) project is to expand an existing pipeline so Alberta [Read more]
Vital Energy Inc. Pennant Project, S.W. Saskatchewan – Project Update
CALGARY, Alberta, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Vital Energy Inc. (“Vital”) announces that the funding for the drilling and completion costs for the first well in the previously announced Phase 1 earning well drilling program has been advanced by Cerus Energy Corp. (“Cerus” “CEA”) (TSX-V:CEA) to Vital. Drilling of the first well (UWI: 91/14-15-018-17W3M) is expected to commence on or before November 14, 2017. The primary target is medium gravity (21 degree) oil from the Upper Shaunovan [Read more]