CALGARY, ALBERTA--(Marketwired - May 2, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its first quarter 2017 operating results, a substantial reduction in outstanding debt, significant asset sales and further reductions in its cost structures. Since the start of 2017 Pengrowth has closed or expects to close $707 million of asset sales, which when combined with the $287 million of cash on hand at year end 2016, represents a net debt reduction of nearly $1.0 [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. May. 1 Supply Management Professional Canadian Natural Resources Calgary Apr. 30 Desktop Service Technician TransCanada Calgary Apr. 30 Customer Account Manager - Commerical West TransCanada Calgary Apr. [Read more]
B.C. First Nation begins social media campaign against Kinder Morgan expansion
VANCOUVER - A British Columbia First Nation hopes selfies and social media will add clout to its battle against the planned expansion of an oil pipeline. The Tsleil-Waututh Nation has erected a billboard near downtown Vancouver that proclaims "I'm Another Voter Against the Pipeline." It invites supporters to take a selfie in front of the board and post it online as voters in British Columbia get ready to head to the polls on May 9. Tsleil-Waututh spokeswoman Charlene [Read more]
Regina steelmaking plant to supply 75% of Trans Mountain Pipeline expansion needs
CALGARY - Kinder Morgan says it plans to buy more than 75 per cent of the pipe it needs for its Trans Mountain Pipeline expansion from a steelmaking factory in Regina. It says it has an agreement to purchase about 250,000 tonnes of pipe, equivalent to 800 kilometres of pipeline, from EVRAZ North America. In a joint news release, both companies say material for the pipe will be sourced from EVRAZ's recycled metal operations in Alberta, Saskatchewan, Manitoba and Ontario. [Read more]
Delphi Energy Corp. Announces Significant Montney Land Acquisition at Bigstone, Provides Production and Operations Update, and Amends Information Circular for Annual General Meeting of Shareholders
CALGARY, Alberta, May 02, 2017 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce the acquisition of 22.5 sections of Montney rights at Bigstone, contiguous to its current land holdings. In addition, the success of the 2017 capital program has increased corporate production to average approximately 10,000 barrels of oil equivalent per day (“boe/d”) for the month of April based on field estimates. LAND ACQUISITION The Company is pleased to announce it has [Read more]
U.S. Chemical Safety Board confirmed to keynote at Calgary Energy Summit this June 5-7
Dr. Kristen Kulinowski, Board Member at the U.S. Chemical Safety Board, confirmed to Keynote at the Operational Excellence in Energy, Chemicals & Resources Summit taking place this June 5-7 in Calgary. We’re thrilled to announce that Dr. Kristen Kulinowski from the U.S. Chemical Safety Board will be joining the list of keynote speakers at the Operational Excellence in Energy, Chemicals & Resources summit this June 5-7. CSB Investigators have recently closed high profile [Read more]
XI Technologies introduces new analysis tool: The ARO Cost Model
Estimating Asset Retirement Obligation for an asset package or an entire company is a crucial aspect of scoping A&D deals. ARO has become a key part of risk management, and a disciplined retirement strategy is essential for corporate financial planning. LLR ratios and government calculated liabilities only tell half the story. Those who can navigate these components with accuracy gain a clear advantage. As the industry leader in A&D data and analysis software, XI Technologies is [Read more]
ConocoPhillips Reports First-Quarter 2017 Results; On Track to Deliver 2017 Operating Plan and Accelerate Value Proposition
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today reported first-quarter 2017 earnings of $0.8 billion, or $0.62 per share, compared with a first-quarter 2016 loss of $1.5 billion, or ($1.18) per share. Excluding special items, first-quarter 2017 adjusted earnings were a loss of $19 million, or ($0.02) per share, compared with a first-quarter 2016 adjusted loss of $1.2 billion, or ($0.95) per share. Special items for the current quarter were [Read more]
PrairieSky Receives TSX Approval for Renewed Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - May 2, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce that theToronto Stock Exchange (the "TSX") has accepted the notice of PrairieSky's intention to commence a normal course issuer bid (the "NCIB"). PrairieSky previously purchased an aggregate of 1,429,100 common shares at a weighted average price per share of $27.98 under a normal course issuer bid that ran between May 2, 2016 and May 1, 2017. On April 24, [Read more]
Manitok Energy Inc. Discloses Highlights From Year-End Reserves Report and Announces 2016 Year-End Financial Results.
CALGARY, ALBERTA--(Marketwired - May 2, 2017) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide highlights from its 2016 independent reserves evaluation and announce its financial results for the fiscal year-ended December 31, 2016. 2016 Independent Reserves Evaluation Sproule Associates Limited ("Sproule"), Manitok's independent qualified reserves evaluator based in Calgary, Alberta, prepared a reserves estimation and economic evaluation [Read more]