07 November

CALGARY, Nov. 6, 2018 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) announces its operating and financial results for the quarter ended September 30, 2018. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended September 30, Nine Months Ended September 30, ($000s except per share amounts) 2018 2017 % Change 2018 2017 % Change […]

Read More
07 November

oil penny stocks When President Donald Trump announced in early May 2018 that the US would be withdrawing from the Joint Plan of Action (JPA) deal with Iran, it set the stage for good things to come – IF you were an investor in the oil, gas, exploration and energy space. The entire energy complex […]

Read More
07 November

OKLAHOMA CITY, Nov. 7, 2018 /PRNewswire/ — PANHANDLE OIL AND GAS INC. (NYSE: PHX), “the Company,” today announced estimated total proved reserve volumes for the Company’s fiscal year ended Sept. 30, 2018. Proved Reserves Panhandle’s estimated total proved reserves at Sept. 30, 2018, increased 3% to 173.6 Bcfe from 168.6 Bcfe reported for Sept. 30, […]

Read More
07 November

TORONTO, Nov. 7, 2018 /CNW/ – The Board of Directors of Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of several prominent Canadians to the Board of Directors overseeing the governance and management of Trans Mountain Corporation (TMC). The newly-constituted Board will be chaired by William Downe, former CEO of BMO Financial […]

Read More
07 November

Image: BP China is finally getting a taste of Canadian crude, if only for a couple of months. At least five tankers hauling as much as a combined 3.76 million barrels of crude have departed Vancouver for China since the start of September, Bloomberg ship-tracking data show. The cargoes could push China’s purchases beyond 4 […]

Read More
07 November

Image: Joey Podlubny/JWN CALGARY — Oil and gas producer Painted Pony Energy Ltd. says its fourth-quarter production will drop by up to 20 per cent because of reduced shipping capacity after the explosion of a natural gas pipeline in B.C. A line in Enbridge Inc.’s T-South pipeline system ruptured on Oct. 9, about 15 kilometres […]

Read More
07 November

Imperial Oil CEO Rich Kruger. Image: Imperial Oil CALGARY — Imperial Oil Ltd. says it will go ahead with its $2.6-billion Aspen oilsands project. Construction will begin this year, with the project expected to start up in 2022. The Aspen project, located about 45 kilometres northeast of Fort McMurray, Alta., is expected to produce about […]

Read More
07 November

Access to Energy Resources has Immense Challenges in Winter Conditions. In late fall, wet, muddy conditions can slow down access to energy sources in Western Canada’s oil sands region—making access by heavy trucks and equipment nearly impossible. So, energy companies wait for frozen ground before ramping back up on production. Even in winter, access to […]

Read More
07 November

The Terra Nova project, located about 350 km off Newfoundland and Labrador. CALGARY – Nalcor Energy executives will discover Wednesday whether millions of dollars in seismic exploration work and trips to the world’s oil capitals were enough to attract lucrative bids from global oil and gas majors. For the first time in two years, the […]

Read More
07 November

Imperial Oil’s Kearl oilsands plant, about 75 kilometres northeast of Fort McMurray. Imperial Oil Ltd said on Tuesday that it would go ahead with the construction of its $2.6 billion Aspen project in northern Alberta, the first new oilsand development to be greenlighted since 2013. The Calgary, Alberta-based company, which is majority owned by Exxon […]

Read More