Pacific Coast Oil Trust Announces January Cash Distribution
December 27, 2018
Pacific Coast Oil Trust Announces January Cash Distribution
Flotek Names New CFO, Makes other Senior Management Changes
December 27, 2018
Oilfield chemistry provider Flotek Industries Inc. (stock ticker: FTK) has announced changes among its executive leadership team. CFO Flotek appointed Elizabeth T. Wilkinson CFO, effective December 28, 2018. She will serve as the senior executive responsible for financial strategy, planning and reporting, as well as investor relations, treasury and corporate development functions. Wilkinson comes recently from RGP, a global consulting firm, where
Ensign Take-Over Bid for Trinidad Expires, New Transaction Coming
December 27, 2018
Calgary-based oilfield service company Ensign Energy Services Inc.’s (stock ticker: ESI) offer to purchase all the common shares of Trinidad Drilling Ltd. (stock ticker: TDG), a contract drilling and services company, for $1.68 per share has expired. Trinidad will proceed with a special meeting of Trinidad shareholders scheduled for January 31, 2019 to consider, and approve, an ongoing private subsequent acquisition transaction. Ensign appointees began to
The Oil & Gas Story in 2018 was Written by Strong Oil Prices
December 27, 2018
Oil prices above breakeven for three quarters of the year positive for drillers On the whole, 2018 produced good news for U.S. oil and gas companies, at least through the first three quarters of the year. Prices were above breakeven level for the first nine months of 2018, allowing producers to kick drilling plans and capital usage into high gear,
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Fast-tracks Exploration at its Flagship Project
December 27, 2018
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Fast-tracks Exploration at its Flagship Project
New NEB report gives insight into current Western Canadian oil supply and markets
December 27, 2018
New NEB report gives insight into current Western Canadian oil supply and markets
Royal Dutch Shell plc: Transaction in Own Shares
December 27, 2018
Royal Dutch Shell plc: Transaction in Own Shares
In Booming Permian, Natural Gas Can Be Free
December 27, 2018
From The Wall Street Journal American energy companies have spent billions of dollars in the past decade exploring for natural gas. But in parts of Texas and New Mexico, there is now so much of it that it is sometimes worthless. Some companies have even had to pay buyers to take it away. Shale drillers in the Permian Basin are
U.S. Shale’s Blows Leave Middle East Oil Producers Staggering
December 27, 2018
From Bloomberg The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties. When processed, these grades typically yield a higher amount of fuels like gasoline
Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) Advancing its Innovative Energy Solutions
December 27, 2018
Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) Advancing its Innovative Energy Solutions
Oil Sands Rebound in 2019 Hinges on Rail, Output Cuts, Pipeline
December 27, 2018
From Bloomberg The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out. Government-mandated production cuts and the potential startup of a key crude pipeline are among key developments to watch for next year. Here’s a look at each one: Production Curtailments While the announcement of production curtailments by Premier Rachel Notley has succeeded
Enel Green Power Brings Online 620 MW of New Wind Capacity in the United States
December 27, 2018
Enel Green Power Brings Online 620 MW of New Wind Capacity in the United States
