20 February

CALGARY, Feb. 20, 2020 /CNW/ – Gear Energy Ltd. (“Gear” or the “Company”) (TSX:GXE) is pleased to present the following results and analysis of its 2019 year-end independent reserve report prepared by its independent evaluator Sproule Associates Limited (“Sproule”). Gear Energy Ltd. Announces 2019 Year-End Reserves (CNW Group/Gear Energy Ltd.) During 2019, Gear generated $61.8 […]

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20 February

CALGARY, Feb. 20, 2020 /CNW/ – Gear Energy Ltd. (“Gear” or the “Company”) (TSX:GXE) is pleased to provide the following fourth quarter operating update to shareholders. Gear’s Consolidated Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended December 31, 2019 are available for review on Gear’s website at www.gearenergy.com and on […]

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20 February

CALGARY – The Alberta government has approved an application by Suncor Energy Inc. to build a 40,000-barrel-per-day thermal oilsands project but construction is unlikely to start any time soon. The province says in a news release that the Meadow Creek West project 40 kilometres south of Fort McMurray, which would use steam to produce bitumen […]

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20 February

The Canadian dollar was up on Wednesday following the announcement of rising crude oil prices. The fears surrounding the coronavirus infection have once again begun to mute, allowing the market’s risk appetite to return. For several weeks the virus has limited the gains made by the ‘loonie’ as investors feared the slump in oil demand […]

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20 February

For those who are old enough to remember there is the famous adage in Alberta, “ Please God let there be another Oil Boom. I promise not to piss it all away next time ”. That seems to be a common refrain these days. The pain has been real and has manifested itself through increasing […]

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20 February

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto TORONTO (Reuters) – The Canadian dollar strengthened against its U.S. counterpart on Wednesday as hopes that China would stimulate its economy helped boost the price of oil, one of Canada’s major exports, and domestic data showed inflation […]

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19 February

Oil has fallen sharply since the start of 2020 to see the international benchmark Brent down by around 10% to be trading at under US$59 per barrel. This is despite OPEC and Russia agreeing to shave an additional 500,000 barrels daily off their collective output during the first three months of the year. A key […]

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19 February

Alberta should have a law preventing governments from pulling the province out of the Canada Pension Plan, Opposition NDP labour critic Christina Gray said. As a provincial-government appointed panel tours the province to hear citizens’ ideas about how Alberta could seize more control over its destiny, Gray said Wednesday the government is not providing enough […]

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19 February

CALGARY, Alberta, Feb. 19, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2019. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2019 […]

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19 February

EDMONTON — A blockade set up on a Canadian National rail line on the western edge of Edmonton in support of Wet’suwet’en hereditary chiefs was being dismantled — at least temporarily — Wednesday after a handful of counter-protesters showed up. EDMONTON — A blockade set up on a Canadian National rail line on the western […]

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