16 November

Premier, Rachel Notley speaks to media after announcing an investment in the University of Calgary by transferring the University Research Park to the University of Calgary at the CMG Building in Calgary on Thursday November 15, 2018. Darren Makowichuk/Postmedia Rock, meet hard place. Premier Rachel Notley’s government finds itself in a no-win position as Canada’s […]

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16 November

Summary Recent market action seems disconnected to fundamental reality and overly fixated with the near-term outlook. Unlike 2015-16, the recent oil price correction mainly the result of a strategic miscalculation by OPEC to reverse 2016 production cuts too quickly. A consequent correction in oil price and energy equities may further depress global capital investment exacerbating […]

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16 November

CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV: SOG) is pleased to report financial and operating results for the three and nine months ended September 30, 2018. Detailed results and additional information are presented in Strategic’s interim condensed consolidated financial statements and related Management’s Discussion […]

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16 November

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has completed a major expansion of its core acreage in the […]

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16 November

Image: Joey Podlubny/JWN Oilsands powerhouse Canadian Natural Resources Limited is offering some early-stage details on its plans for two new assets in acquired during the third quarter. The company realized a first for a Canadian company last year, reaching one million boe/d following its $12.74-billion oilsands acquisition from Shell and Marathon Oil. This year it’s […]

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16 November

Image: Kinder Morgan Canada The Canadian oil patch is losing patience with the country’s lack of support for the industry. The plunge in global crude prices is being exacerbated in Canada by a lack of pipeline capacity, sending the country’s oil prices to a near record discount to the U.S. and energy stocks reeling. Gas […]

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16 November

Alberta UCP leader Jason Kenney posted this image to Twitter earlier this month of him visiting Prostar Well Service in Leduc. The top rival to Alberta’s premier is signalling he doesn’t favour a government-mandated cut in crude oil production as Canadian prices hit a record low, saying he would prefer to see a market-based solution […]

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15 November

The Canadian dollar firmed against its broadly stronger U.S. counterpart on Thursday as oil prices stabilized and signs emerged that the United States and China were working to resolve a trade war. China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said, a move that could trigger […]

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15 November

Cenovus SAGD Operation CALGARY – Oilsands and refining giants Suncor Energy Inc. and Husky Energy Inc. are rejecting a call by rival Cenovus Energy Inc. for government-imposed production cuts to reduce an oversupply of oil in Alberta linked to steep price discounts. Suncor spokeswoman Sneh Seetal says the company has no exposure to the “differential” […]

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15 November

Visit the GPS Team this Friday, November 16 , downtown Calgary on the Main Floor at Fifth Avenue Place, 420 2 Street SW, anytime between 9:00 am – 3:00 pm and learn about the many ways to participate in Global Petroleum Show 2019. Additionally, you will have the opportunity to take advantage of the super […]

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