After an acquisition spree in 2021 and into this year, the Clearwater heavy oil play has emerged as a future growth driver for Tamarack Valley Energy Ltd., says president and CEO Brian Schmidt.
Tamarack Valley Energy Ltd. has entered into a definitive agreement to acquire Rolling Hills Energy Ltd., a privately held pure play Clearwater oil producer, for total consideration of $93.0 million.
An oil and gas company with plays in B.C. and Alberta says its considerable land holdings offer it a leg-up in the market.
The Alberta government brought $5.1 million into government coffers at its April 20 land sale.
In an attempt to better understand and work with regulated parties to manage potential risks and ensure overall safety compliance, the Alberta Energy Regulator (AER) is requesting information from current as well as future cryptocurrency mining operations associated with AER-regulated sites.
Seaton-Jordan & Associates Ltd., land evaluation specialists and Impact Resolutions Ltd., engagement and social mitigation experts, have integrated their teams to offer a one-stop-shop for independent environmental-, social- and governance- (ESG) related assessment services.
FTI Consulting Canada Inc., in its capacity as Court-appointed receiver (the “Receiver”) of Balanced Energy Oilfield Services Inc., Balanced Energy Oilfield Services (USA) Inc. and Balanced Energy Holdings Inc. (collectively, “Balanced Energy”) is conducting a sales solicitation process (“SSP”) relating to Balanced Energy’s coil tubing units, ancillary equipment and inventory.
Fluor Canada’s David Mercer will lead a panel of informed industry professionals in an insightful dialogue that examines the future role that hydrogen could play in the Canadian economy.
Total Q1 revenue for Pulse Seismic Inc. was $1.9 million compared to $4.8 million for the three months ended March 31, 2021.
E3 Metals Corp. has engaged an engineering firm to begin the design work for its field pilot plant which will utilize E3 Metals's proprietary sorbent.
Kinder Morgan, Inc. has joined a collaboration with Cheniere Energy, Inc., several other midstream operators, methane detection technology providers and leading academic institutions on a project focused on quantifying, monitoring, reporting and verifying (QMRV) greenhouse gas (GHG) emissions associated with the operation of natural gas gathering, processing, transmission, and storage systems.
Canada has pledged to reduce methane emissions from the oil and gas sector by 75 per cent in its new reduction emissions plan. The federal government said it will work with industry and partners to meet the target.
Cenovus Energy Inc. announced a US$3 million (C$3.7 million) donation to the Nature Conservancy of Canada (NCC) as part of the company’s updated social investment strategy.
Stampede Drilling Inc. confirmed the acquisition, from a third party, of three telescopic double drilling rigs, two top drives and ancillary equipment.
Crew Energy Inc.’s Q1/22 estimated average production totaled 33,300 boe/d (200 mmcfe), based on field estimates, a company record representing a 27 per cent increase over Q1/21 average production of 26,257 boe (157 mmcfe) and a 14 per cent increase sequentially over Q4/21 average production of 29,142 boe (175 mmcfe).
DEEP Earth Energy Production Corp. continues to advance the company’s first 35 megawatt (MW) geothermal power facility in southeastern Saskatchewan.
Based on advanced geological and seismic analysis, Helium Evolution Incorporated sees “multiple potential helium anomalies” at the Mankota/McCord area.