26 November

The Canadian dollar strengthened against its U.S. counterpart on Monday, paring some of last week’s decline, as oil prices and stocks rallied. Stocks were boosted by robust sales in the holiday season, after a steep selloff on Wall Street in the previous session. Canada exports many commodities, including oil, and runs a current account deficit, […]

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26 November

Finance Minister Bill Morneau. Image: Canadian Club of Toronto (Bloomberg) — Canadian Finance Minister Bill Morneau is signalling he won’t cough up money for new rail cars to ship Alberta oil, saying it would take months and wouldn’t solve the current price collapse. Morneau, in an interview with “The West Block” on Global News that […]

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26 November

CALGARY, Nov. 26, 2018 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) announces its financial and operating results for the three and nine months ended September 30, 2018 (“Q3 2018”) (all amounts are in Canadian dollars unless otherwise noted). Q3 2018 Highlights Financial Q3 2018 and YTD 2018 revenue, net of royalties, […]

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26 November

Alberta’s energy rout is expected to be front and centre as Canada’s biggest banks report their fourth-quarter earnings over the next two weeks. Falling oil and gas prices and the differential between U.S. and Canadian benchmarks is expected to create headwinds for Canada’s banks, although some will be affected more than others. The Bank of […]

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26 November

The brutal murder and dismemberment of Saudi journalist Jamal Khashoggi, a murder that was apparently ordered by Saudi Arabia’s crown prince means Canada has some decisions to make. The most obvious one involves a multibillion contract to supply light armoured vehicles to Saudi Arabia, which is waging a merciless war against men, women and children […]

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26 November

Rail cars wait for pickup in Winnipeg in this file photo from Sunday, March 23, 2014. THE CANADIAN PRESS/John Woods Federal Finance Minister Bill Morneau is signalling he won’t cough up money for new rail cars to ship Alberta oil, saying it would take months and wouldn’t solve the current price collapse. Morneau, in an […]

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26 November

Canadian Finance Minister Bill Morneau is signaling he won’t cough up money for new rail cars to ship Alberta oil, saying it would take months and wouldn’t solve the current price collapse. Morneau, in an interview with “The West Block” on Global News that aired on Sunday, said the province of Alberta could buy rail […]

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26 November

Revenue of $41.4 million, EBITDA of $6.1 million and net income of $6.5 million for third quarter 2018. Revenue of $103.8 million, EBITDA of $14.7 million and net income of $1.9 million for nine months ending September 30, 2018. SHERWOOD PARK, AB, Nov. 26, 2018 /CNW/ – (TSXV:VTX) – Vertex Resource Group Ltd. (“ Vertex […]

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26 November

WINNIPEG, MB / ACCESSWIRE / November 26, 2018 / Bird River Resources Inc. (CSE: BDR) (the “Bird River” or the “Compan””) announces the results of its independent reserves evaluation (the “Chapman Report”) dated November 15, 2018 and effective July 31, 2018, as prepared by Chapman Petroleum Engineering Ltd. (“Chapman”). Bird River is pleased to announce […]

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26 November

Sayer Energy Advisors has been engaged to assist Crescent Point Energy Corp. (“Crescent Point” or the “Company”) with the sale of its prospective Duvernay oil rights located in the Ferrybank area of Alberta. Crescent Point holds a 100% working interest in P&NG rights in the Duvernay Formation in approximately 88 sections of land at Ferrybank […]

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