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Canada
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Weekly Rig Counts from Baker Hughes Mar 6, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. US rig count: -13 to 489 rigs…
Marksmen Energy to complete private placement Feb 29, 2016Marksmen Energy Inc. intends to complete by March 31, 2016 one or more additional closing(s) of its previously announced non-brokered private placement of up to 10,000,000 common shares
Canadian oil production expected to increase despite lower prices Feb 26, 2016Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices
Suncor Energy appoints new member to Board of Directors Feb 25, 2016Jim Simpson, Chair of the Board of Directors of Suncor, has declared the appointment of Patricia M. Bedient to the company's Board of Directors. Ms. Bedient's appointment is effective immediately.
Granite receives approval for EOR on Bakken property Feb 23, 2016Granite Oil Corp. has received the approval of the Alberta Energy Regulator (AER) to operate its gas injection enhanced oil recovery (EOR) scheme on its 100%-owned Alberta Bakken property
Strata expands land base by 50% in Alberta Feb 23, 2016Strata Oil & Gas Inc has entered into an agreement to acquire the rights to over 20,000 acres of oil sands leases in the Peace River oil sands region of Alberta,
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Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Xcite Energy gets Bentley licence extensionFeb 19, 2016Xcite Energy says that following discussions with the Oil & Gas Authority, the Secretary of State for the Department of Energy and Climate Change has extended the P.1078 licence containing the Bentley field until 30 June 2017.
Manitok Energy closes the final tranche of its private placementFeb 17, 2016Manitok Energy Inc. has closed the final tranche of its previously announced concurrent brokered and non-brokered private placement offering of common shares (the "Common Shares")
TransCanada plans $42 billion in near-term, long-term capital projectsFeb 15, 2016TransCanada Corporation was stung by denial of a U.S. presidential permit for the Keystone XL Pipeline, but still plans to spend C$58 billion ($42 billion) on capital projects through 2019 and beyond,
Strategic to spud its fourth well of the winter drilling programFeb 15, 2016Strategic Oil & Gas Ltd. says its current corporate production is estimated at 2,050 boe/d. The Company is preparing to spud its fourth well of the winter drilling program. Strategic has further delineated
Pine Cliff reports more than 120% increase in 2015 year-end reservesFeb 12, 2016Pine Cliff Energy Ltd. declares its 2015 year-end reserves. Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited (McDaniel) in accordance with National Instrument
Fluor awarded Cutbank Ridge Partnership Sweet gas plant project in CanadaFeb 10, 2016Fluor Corporation says that the Cutbank Ridge Partnership selected Fluor to execute engineering, procurement and construction management (EPCM) for Saturn 15-27 Phase 2
Saturn Minerals makes oil discovery at Bannock Creek projectFeb 10, 2016Saturn Minerals Inc. has made a new oil discovery in three separate potential pay zones at its 100% owned 9A-5-44-8W2 well (9A-5) on its Bannock Creek project located near the town of Hudson Bay
Petro River declares development plans for core acreage in Osage CountyFeb 10, 2016Petro River Oil Corp. updates on ongoing corporate activities, as well as the development plans for core acreage in Osage County and interest in several projects accessible through pending acquisition
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Terra Energy closes minor non-core asset salesFeb 9, 2016Terra Energy Corp. has closed the sale of certain of the Company's minor non-core, P&NG assets in the Mica/Parkland area of the Province of British Columbia for approximately $1.0 million.
Husky Energy decides for short term hedging llanFeb 8, 2016Husky Energy has put in place a short term hedging plan for a portion of its oil production. Husky generally manages commodity price risk through its strong balance sheet
Suncor Energy acquires 72.9% of Canadian Oil Sands sharesFeb 8, 2016Suncor says that approximately 72.9 per cent of Canadian Oil Sands shares (COS) equating to 353,307,264 common shares and accompanying rights have been tendered to Suncor's Offer.
TransCanada's Energy East project to create up to 120 new jobs in QuébecFeb 5, 2016TransCanada Corporation and ABB have signed a major agreement that will see ABB deliver a number of multi-million dollar electrical houses to secure safe, reliable and energy
Stonehaven Exploration completes four wells in the programFeb 5, 2016Stonehaven Exploration Ltd. updates on wells three and four in the four well Wilson Creek, Alberta Belly River development and exploration farm-in program that commenced in Q4 2015.
Enerplus concludes sale of Canadian natural gas propertiesFeb 4, 2016Enerplus Corporation has completed one of the divestments announced January 11, 2016 of certain Canadian natural gas properties for cash proceeds of approximately $183 million,
AltaGas to sell non-core gas assetsFeb 4, 2016AltaGas Ltd. says that its wholly owned subsidiaries, AltaGas Processing Partnership and AltaGas Holdings Inc., have entered into an agreement with Tidewater Midstream and Infrastructure
Touchstone closes sale of Kerrobert SaskatchewanFeb 4, 2016Touchstone Exploration Inc. has closed the sale of its Kerrobert facility, infrastructure and associated mineral rights. The disposition had an effective date of December 31, 2015.
Tourmaline Oil Corp. acquires Alberta Deep BasinFeb 4, 2016Tourmaline Oil Corp. has acquired assets for approximately $183 million CDN in the Minehead-Edson-Ansell area of the Alberta Deep Basin, immediately adjacent to one of
Alvopetro to spud 170(B1) well in early FebruaryFeb 3, 2016Alvopetro Energy Ltd expect to spud 170(B1) well in early February. All site construction is complete and a drilling rig has been mobilized. The 170(B1) prospect is captured
Enbridge acquires Montney natural gas assets from Murphy Oil Corp.Jan 29, 2016Enbridge Inc. agrees the $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from the Canadian subsidiary of Murphy Oil Corporation (Murphy).
MeteoGroup chosen as weather forecasting specialist for Subsea 7 UKCS and Canada operationsJan 29, 2016Subsea 7 has appointed MeteoGroup as its offshore weather forecasting provider for UKCS and Canada operations. Drawing on its extensive experience in the offshore sector,
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