08 November

Bids totalling more than $1 billion have been received in the latest round of oil exploration licences in Newfoundland and Labrador’s offshore. — File photo/contributed It’s a record year of offshore oil exploration bids for the province. The 2018 calls for bids by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) brought in the highest-ever […]

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07 November

Williams Capital set a $38.00 price objective on Carrizo Oil & Gas (NASDAQ:CRZO) in a research note issued to investors on Tuesday. The firm currently has a buy rating on the oil and gas producer’s stock. Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their target price on […]

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07 November

Icon Advisers Inc. Co. reduced its holdings in shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 12.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,300 shares of the oil and gas producer’s stock after selling 38,700 shares during the period. […]

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07 November

CALGARY, Nov. 7, 2018 /CNW/ – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to release financial and operating results for the third quarter of 2018. HIGHLIGHTS 2018 exit production estimate increased from 290,000 to 300,000 boepd driven primarily by stronger than forecast well performance. Q3 2018 average production was 254,185 boepd, up […]

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07 November

CALGARY, Alberta, Nov. 07, 2018 (GLOBE NEWSWIRE) — Suncor announced today that Jacynthe Côté will be stepping down from Suncor’s Board of Directors effective immediately. “Jacynthe has been a valued member of our Board, serving as a member of our audit committee and our environment, health, safety and sustainable development committee,” said Mike Wilson, chair […]

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07 November

CALGARY, Alberta, Nov. 07, 2018 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 third quarter results and an operations update. Q3 2018 Results and Operational Highlights Consolidated Results – Strength in Execution Production of 40,612 boe/d (88% liquids), representing 12% growth year over year Record […]

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07 November

1 of 9WildHorse Resource Development environment, health and safety manager Romel Gonzales stands between production tanks at a fracking site Tuesday Oct. 2, 2018 in Caldwell, Texas. The WildHorse oil and gas operations lie on the northeastern edge of the Eagle Ford Shale, which is seeing a modest rebound in production after the recent oil […]

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07 November

An Encana gas well in the U.S. Encana’s announcement last week that it was acquiring Texas-based Newfield Exploration may be good news for the Calgary-based company, but it is not good news for Canada. It is the most recent chapter in an unfolding story of capital flight from the Canadian energy sector. First the big […]

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07 November

Image: Joey Podlubny/JWN VANCOUVER — A conservation group is suing the British Columbia government for exempting two oilpatch dams from environmental rules years after the dams were built. “It seems like the government was really playing catch-up,” Olivia French, the lawyer handling the lawsuit for the B.C. Sierra Club, said Monday. “Progress Energy acted with […]

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07 November

$2.6 billion investment to develop 75,000 barrels per day of bitumen production Next-generation technology to improve economics, reduce emissions intensity and water use Mutually beneficial, long-term agreements with seven local Indigenous communities Construction to begin in fourth quarter of 2018; project startup in 2022 CALGARY, Alberta–(BUSINESS WIRE)–Imperial announced today that it has made a final […]

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