British Columbia Minister of Energy, Mines and Low Carbon Innovation Josie Osborne is not commenting on the Notice of Civil Claim (NOCC) filed by four council members of the Blueberry River First Nations (BRFN).
Canada’s well licence count declined five per cent in the first half of 2024 compared to a year ago, as gas-directed permitting declined.
Drilling rig activity in Western Canada and the Top 10 active operators as of July 12, 2024 as reported this morning by Rig Locator.
The U.S. rig count is down one from last week to 584 with oil rigs down one to 478, gas rigs down one to 100 and miscellaneous rigs up one to six.
A high volume of M&A deals within U.S. oil and gas plus a sustained need to deliver shareholder returns are heavily influencing the debt strategies of several domestic producers.
The federal government announced two investments totaling over $9 million to Saltworks Technologies Inc. and NORAM Electrolysis Systems Inc. (NESI) to support the battery supply chain in British Columbia under the Critical Minerals Research, Development and Demonstration (CMRDD) program.