CALGARY, ALBERTA--(Marketwired - Jan. 23, 2017) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) announces today the appointment of a President, a new Chairman of the Board and provides an update on its board of directors and its field operations. New President and Chairman of the Board Appointments The Company is pleased to announce that its board of directors has appointed Mr. Jon Grimwood as the President of RMP, effective February 28, 2017, upon the previously announced retirement [Read more]
battery
The transition from gas-powered to electric vehicles is easier said than done
Governments have never been a creator of wealth, nor an efficient distributor of resources, so when a government comes in and implements a tax for our betterment we should all have a healthy degree of skepticism. Over time, energy systems will change and new forms will come into play. That said, any of the leading prognosticators will tell you that oil consumption will be increasing for at least the next decade or so. Canada has, despite what you hear in the media, some of the best [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 here to create an account to post jobs; it's simple and easy to use. Jan. 9 Small Battery / Field Operator - La Glace, Alberta Roska DBO La Glace Jan. 7 Electronics Technician (Coiled Tubing) - Floresville, TX STEP Energy Services Floresville Jan. 7 Maintenance Technician [Read more]
Kelt Enters Into an Agreement to Dispose Oil & Gas Properties at Karr for Gross Proceeds of $100 Million
CALGARY, AB--(Marketwired - January 04, 2017) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) has entered into a definitive purchase and sale agreement to dispose of oil and gas assets in the Karr area of Alberta. The effective adjustment date of the disposition is January 1, 2017 and closing is expected to occur on or about January 18, 2017. The gross proceeds payable to Kelt, prior to adjustments at closing, will be $100.0 million. The purchaser has provided Kelt with a deposit in [Read more]
AltaGas Receives Regulatory Approval to Double the Size of the Townsend Facility
CALGARY, ALBERTA--(Marketwired - Dec. 22, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that on December 19, 2016 it received regulatory approval from the British Columbia Oil and Gas Commission ("BCOGC") for the doubling of the Townsend Facility to 396 MMcf/d and to retrofit the existing 198 MMcf/d shallow-cut Townsend Facility to a deep-cut facility at a future date. The initial expansion will be a 100 Mmcf/d shallow-cut natural gas processing facility ("Townsend Phase 2") to be [Read more]
TransGlobe Energy Corporation Announces Closing of Canadian Asset Acquisition and Mid-Quarter Egypt Update for Q4 2016
CALGARY, ALBERTA--(Marketwired - Dec. 20, 2016) - TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) ("TransGlobe" or the "Company") announces the closing of the Canadian acquisition in the Harmattan area of west central Alberta and a mid-quarter Egypt update for the fourth quarter of 2016. All dollar values are expressed in Canadian dollars unless otherwise stated. Acquisition Highlights- Canada Current production ~3,100 barrels of oil equivalent ("boe") per day (57% liquids [Read more]
Inter Pipeline Announces Capital Expenditure Program for 2017
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today a $545 million capital expenditure program for 2017. Approximately $475 million, or 87 percent, of total capital expenditures will be for organic growth initiatives, with the remaining $70 million invested in sustaining capital works. In 2017, the majority of Inter Pipeline's growth capital program is expected to be directed towards engineering and planning for two proposed [Read more]
Surge Energy Inc. announces upward revision to 2017 production guidance
CALGARY, Dec. 13, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that its Board of Directors has formally approved an upward revision to the Company's previously announced 2017 preliminary production guidance. Pursuant to a Press Release dated September 6, 2016, Surge provided preliminary capital expenditure and production guidance for 2017. Based on continued successful development drilling results at the Company's Shaunavon, Sparky and Valhalla core areas, [Read more]
Marquee Energy Ltd. and Alberta Oilsands Inc. Announce Successful Completion of Arrangement
CALGARY, AB--(Marketwired - December 06, 2016) - Marquee Energy Ltd. (formerly Alberta Oilsands Inc.) ("New Marquee") (TSX VENTURE: MQX) today announced the completion of the previously announced acquisition of Marquee Energy Ltd. ("Old Marquee") (TSX VENTURE: MQL) by Alberta Oilsands Inc. ("AOS") (TSX VENTURE: AOS) by way of a plan of arrangement (the "Arrangement") and the subsequent completion of the short-form vertical amalgamation to form New Marquee. Pursuant to the Arrangement, holders of [Read more]
Reducing fossil fuel consumption starts with cutting demand, not supply but…you first
In 1999, the Ford Motor Company introduced a vehicular whale named the Excursion. The SUV craze was getting into full swing, but even in that context the huge (5.75 meter/ 18.9 foot) barge generated nasty press for its school-bus demeanor. Here is the essence of a typical review of the day, from the first two paragraphs: “…largest sport/utility vehicle on this, or any other, planet… In traffic, you pick one lane and stay there, lest you overlook something small-like a stretched limo-in the next [Read more]
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