CALGARY, ALBERTA--(Marketwired - June 7, 2017) - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to provide an operational update including successful results from the first of the Company's four wells drilled and completed in Wheatland to date, as well as well flow test results for all four wells. During the first three months of 2017, PPR drilled four wells in Wheatland targeting oil zones in the Ellerslie formation. Due to delayed [Read more]
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Baker Hughes Announces May 2017 Rig Counts
HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016. The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May [Read more]
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. Jun. 5 Coordinator, Safety Compliance Canadian Natural Resources Fairview Jun. 4 Heavy Duty Mechanic - Rotational Calfrac Well Services Grande Prairie Jun. 4 Coiled Tubing Operator - Rotational Calfrac Well [Read more]
Feds back motion in support of Trans Mountain, despite B.C. government turmoil
OTTAWA - The federal Liberal government has thrown its weight behind an Opposition motion backing Kinder Morgan's Trans Mountain pipeline expansion, even as political turmoil in British Columbia threatens the project's future. The motion, introduced in the House of Commons by Conservative MP Mark Strahl, affirms that the project has social licence to proceed, is critical to the economy, is environmentally sound and should proceed as planned. It passed Tuesday by a vote of 252-51, [Read more]
Shell Canada budget drops by half a billion dollars after oilsands sale
CALGARY - Royal Dutch Shell will forge ahead with its energy development plans in British Columbia regardless of the uncertainty swirling around the province's political future, says the company's Canadian country chair. Energy investments in B.C. have been cast into doubt after the May 9 provincial election that saw the Liberals win 43 seats and the NDP take 41— a situation that gives the Green party the balance of power with their three seats. Last week, the NDP and Greens [Read more]
Auditor calls for better pipeline regulations, monitoring in Saskatchewan
REGINA - Saskatchewan's provincial auditor says the government isn't doing enough to effectively regulate oil and gas pipelines. Judy Ferguson says in her annual report that as of the end of March, the Ministry of the Economy did not have written policies and procedures to evaluate existing pipeline operations. "Effective pipeline regulation helps to prevent leaks, explosions and other hazards," Ferguson said Tuesday. She also says the ministry hasn't developed a [Read more]
Bellatrix Announces CFO Succession
TSX, NYSE: BXE - CALGARY, June 6, 2017 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces that as part of its succession planning process, Mr. Edward J. Brown, the Company's Executive Vice President, Finance & Chief Financial Officer, will be retiring from the Company, effective June 30, 2017, following more than ten years of service with Bellatrix and its predecessors. The Board of Directors of Bellatrix is pleased to announce that Mr. Maxwell [Read more]
XI Technologies – ARO Seminar and an Introduction to XI’s ARO Cost Model
As the industry leader in A&D and liability analysis software, XI Technologies is excited to host our final Spring seminar to introduce our latest tool which complements our powerful LLR Analysis Module: The ARO Cost Model June 22 Seminar: ARO vs. LLR - Getting past common government regulator oversights to understand liability costs – Register Here Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has [Read more]
Engagement on Energy East hearing design
Four Board Members to carry out expanded indigenous and public engagement CALGARY, June 5, 2017 /CNW/ - The National Energy Board (NEB) has launched an initiative to gather input from Indigenous peoples and the public to help shape the hearing process and other engagement activities for the Energy East and Eastern Mainline projects. The comment period ends on 15 July 2017. These activities will be led by a team of four Board Members who are independent from the Hearing Panel: Alain [Read more]
40-Year Export Licence Issued to Woodfibre LNG
OTTAWA, June 5, 2017 /CNW/ - Liquefied natural gas (LNG) is greener than any other fossil fuel and more affordable than many renewables, which means it will play a significant role as we transition to a clean energy future. Canada is the world's fifth-largest producer of natural gas, and creating the conditions to open access to global markets will help to create good, middle-class jobs for Canadians. Today, while speaking at the Canadian Embassy in China, the Honourable Jim Carr, Canada's [Read more]