Yvonne Jeffery was involved in Vermilion Energy Inc.’s first sustainability report while serving as senior community investment advisor nine years ago. Now she’s leading the company’s sustainability charge from its executive team.
North American Construction Group Ltd. achieved year-over-year revenue increases in Q4 2021, management says, which is due largely to the Fort Hills mine equipment fleet that remobilized in Q3, as well as stronger demand for mine support work and equipment rental support at the Kearl mine than in Q4 2020.
Keyera Corp. says it is “actively evaluating options” to sell non-core assets to recycle capital into higher return, more strategic opportunities.
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 17, 2022 as reported this morning by Rig Locator.
North American Construction Group Ltd. is basing its long-term emissions-reductions targets on actual allocation of technology the company thinks will be available within the desired timeframes, says top brass.
North American Construction Group Ltd. could boost its oilsands business another 10-15 per cent by increasing its fleet availability, considering that the company is a low-cost provider and there currently is the market demand, says Joseph Lambert, president and chief executive officer, but a limited maintenance workforce impacts fleet availability.
Peyto Exploration & Development Corp.’s board approved a 2022 capital budget of $350-$400 million which, at the high end of the range, is 10 per cent greater than the $365 million invested in 2021.
Peyto Exploration & Development Corp. has promoted Riley Frame to vice-president, engineering.
Saturn Oil & Gas Inc. has entered an arm’s-length agreement to acquire certain synergistic oil and gas assets in west-central Saskatchewan for total consideration of approximately $8.3 million.
At Oak, in northeastern British Columbia, Kelt Exploration Ltd. started operations at its newly constructed Oak 6-35 gas compression and oil battery facility.
During 2021, Kelt Exploration Ltd. says it replaced its remaining high bleed methane-venting pneumatic valves in Alberta, reducing approximately 1,000 tonnes of methane emissions annually.
Avanti Energy Inc. has received additional data for both Rankin 01-17 and WNG 11-22 on its Greater Knappen property, located in Montana.
AltaGas Ltd. intends to redeem — in accordance with the terms of the cumulative redeemable five-year minimum rate reset preferred shares, Series K — all of its 12 million and outstanding Series K shares on March 31, 2022 for a redemption price equal to $25 per Series K share