Canada


All posts for Canada

QUATRE LTD ESMS PROVIDES NEW FUNDING and Environmental Liabilities SOLUTION FOR ALBERTA’S OIL & GAS WELLS

QUATRE LTD ESMS (Exit Strategy Management Solutions) products and services PROVIDES NEW FUNDING and Environmental Liabilities SOLUTION FOR ALBERTA'S OIL & GAS WELLS, OIL SANDS, extractive Industries and environmental liabilities. London, March 3 2017:  London-based company Quatre Ltd, has produc ...

Nicholas Newman


Posted 16 days agoPress > albertaCalgaryDecommissioning +2

Argus Canadian Crude Summit

The Argus Canadian Crude Summit is now part of Argus Canada Week. Join more than 200 participants to network and gain insight on the markets. Date and Time: On Monday May 01, 2017 at 7:00 am (ends Tuesday May 02, 2017 at 7:00 pm) URL: Custom: https://go.evvnt.com/86283-1 Price: Pre-regis ...

evvnt Platform


Calgary   AB   CA 01 May 2017


Posted 1 month agoEvent > argus mediaCanadacanada week +3

Statoil joins Shell and other foreign companies exiting Canadian projects

Norway's oil and gas powerhouse Statoil ASA has finalised its exit from the Canadian oilsands and is by no means alone in a list of high-profile internationally-based operators to agree a sale of Canadian upstream assets during the past 12 months. Statoil (Oslo:STL) is selling its interest in the ...

Mark Young


Posted 1 month agoOpinion > CanadaStatoilShell +7

Low-cost light oil production drives Viking M&A deals

Low-cost light oil production is the key factor driving dramatic and sustained volumes of M&A activity within Canada's high-profile Viking formation. More than Cdn$8 billion in asset and corporate deals involved Viking light oil assets in Eastern Alberta and Saskatchewan in 33 separate deals si ...

Mark Young


Posted 1 month agoOpinion > mergersacquisitionsCanada +7

Alberta operators face over $2 billion in environmental LLR liabilities

Service companies are on alert with more than $2 billion in LLR-related costs currently accruing against abandoned wells awaiting reclamation in Alberta, according to the latest CanOils data. Engaging service companies to reclaim these abandoned wells (i.e. removing the wells' final LLR-related lia ...

Mark Young


Posted 1 month agoOpinion > Environmente&pE&P Projects +7

Upstream oil and gas M&A in Canada reaches Cdn$1.2 billion in December 2016

The value of December's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.2 billion – a sum around $300 million down on the equivalent totals in November and October, but still above the 2016 average of around Cdn$1 billion. This is according to data available in CanOils lates ...

Mark Young


Posted 1 month agoOpinion > CanadamergersAcquisition +6

Why horizontal Cardium wells cost less to drill in 2017

The cost to drill, case and complete a horizontal well in Alberta's prolific Cardium formation dropped significantly this year compared to the prior winter drilling season. That assessment is based on new well-cost data researched for PSAC's Well Cost Study for Winter 2016 . Click here to access t ...

Mark Young


Posted 1 month agoOpinion > Canadacardiumhorizontal +7

Canada’s liberal government does an about-face on oil pipelines: Fuel for Thought

Leave it to a liberal government backed by environmentalists to approve the first Canadian pipelines in several years, to help rejuvenate an oil industry thirsty to find more outlets for its crude oil. Without mincing words, the federal natural resources minister James Carr had said repeatedly that ...

OilVoice Press


Posted 1 month agoOpinion > S&P Global PlattsCanadapipeline

Who pays the highest drilling rig rates in Western Canada?

Drillers of horizontal wells in Northern British Columbia face, by some distance, the highest average day rates for rigs in Western Canada, according to new data. The Petroleum Services Association of Canada's (PSAC) new Well Cost Study for Winter 2016 reveals that rig day rates in Northern B.C. ...

Mark Young


Posted 1 month agoOpinion > Canadadrilling rigswell construction +7

68% of Canadian oil & gas companies will spend more in 2017

Following more than a year of cost cutting and spending reductions, early 2017 guidance in the Canadian oil and gas sector suggests that we will see a rebound in activity over the next twelve months. A far more stable oil price, as well as the past 18-months of adapting to a lower-for-longer prici ...

Mark Young


Posted 2 months agoOpinion > Production GuidanceCAPEXCanada +9

Geophysicist – VSP Expertise

To be considered for this role you will have to undertake a Quick Registration and apply online on the Working Smart Limited web site. Our Recruitment Team will then review your application and reply directly. Please note: this is a temp to perm role with an initial 2-3 month contract before going ...

Working Smart - Working Smart Ltd


    Contract   An attractive Day Rate for the initial 2-3 month contract and then a permanent salary will be negot


Posted 3 months agoJob > GeophysicsVSPVertical Seismic Profiling +4

Upstream M&A in Canada exceeds Cdn$1.5 billion in November 2016

The value of November's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.5 billion – a sum almost identical to the equivalent total recorded in October. The full CanOils review of November upstream deal activity can be downloaded here. This month, however, it was more than j ...

Mark Young


Posted 3 months agoOpinion > upstreamCanadamergers +7

Lightstream Announces Granting of Approval of Vesting Order to Sell Substantially All of the Company's Assets

Lightstream Resources Ltd. (the "Company" or "Lightstream") announces that the Court of Queen's Bench of Alberta has granted an approval and vesting order ("Approval and Vesting Order") for the previously announced purchase and sale of substantially all of the assets and business of Lightstream (the ...

OilVoice Press


Posted 3 months agoPress > Lightstream ResourcesAssetsCanada +2

ARC Resources Ltd. Closes Sale of Saskatchewan Assets

CALGARY, Dec. 8, 2016 /CNW/ - (ARX – TSX) ARC Resources Ltd. is pleased to announce that it has successfully closed the previously-announced sale of its Saskatchewan assets and operations to Spartan Energy Corp. (SPE – TSX), for total cash consideration of $700 million, subject to customary post-clo ...

Katie Woodward - OilVoice


Posted 3 months agoPress > ARC ResourcesSaskatchewanAssets +2

Encana cuts debt by largest amount for E&P TSX companies in past year

Debt reduction has been a hot topic in past year in Canada, as companies adapted to a lower-for-longer price environment. Out of 70 domestic and international producers listed on the TSX, Q3 2016 data available in CanOils reveals that Encana Corp. (TSX:ECA) has cut debt by the largest monetary val ...

Mark Young


Posted 3 months agoOpinion > Canadae&ponshore +2