Mark Young

marky

Company


Bio


User Tags
No tags selected yet.

More items from marky


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 2 months 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 2 months 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 2 months 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 3 months 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 3 months agoOpinion > Canadacardiumhorizontal +7
All posts from marky