Rig Release Count Spikes In February
An increase in drilling bitumen wells in Alberta and gas wells in British Columbia led to a year-over-year lift in rig releases during February.
An increase in drilling bitumen wells in Alberta and gas wells in British Columbia led to a year-over-year lift in rig releases during February.
A Nikola Corporation hydrogen fuel cell electric vehicle reached a milestone for the vehicle type, completing a 519-kilometre round trip from Calgary to Edmonton recently.
The critical minerals industry has been given a boost in Saskatchewan’s 2024-25 budget, alongside geoscience, and longstanding oil and gas programs.
With the ongoing drought and water use restrictions looming in some areas of Alberta, water availability for oil and gas operations is becoming a critical concern.
Enbridge Inc. has entered into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP to form a joint-venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and U.S. Gulf Coast (USGC) demand.
On January 5, 2024, Kingsland Oil Corp. (“Kingsland” or the “Company”) made an assignment into bankruptcy and BDO Canada Limited was appointed as the trustee in bankruptcy (the “Trustee”) of the bankrupt estate.
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Parkland Corporation is looking to sell 157 convenience store and fuel station locations across six provinces.
Royal Helium Ltd. has entered into its first offtake agreement for the sale of food and beverage grade CO2 from its Steveville processing and purification facility.
Perpetual Energy Inc.’s production guidance is between 4,300 and 4,600 boe/d, with capital spending of $1.0 million.