Sunday, February 23, 2025

How Alberta Mismanaged the Energy Boom Compared to Texas

Fraser Institute Study Compares How Texas and Alberta Managed Public Finances between 2004 and 2014 A new report from the Fraser Institute, titled “One Energy Boom, Two Approaches: Fiscal Restraint Has Left Texas in Better Shape than Alberta,” concludes that Alberta’s undisciplined spending and fiscal mismanagement rather than the drop in energy prices was been responsible for its history of deficits

EnerCom Inc. Oil & Gas 360

Manitok Energy Announces 2Q Results, Updates Operations

Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) announces its financial and operating results for the second quarter of 2016 and provides an operational update. The full text of Manitok’s second quarter results are contained in its unaudited condensed interim financial statements as at and for the three and six months ended June 30, 2016 and the related management’s

Exclusive Interview with Brian Schmidt, President and CEO, Tamarack Valley Energy

If you’re in a low commodity environment, owning your own infrastructure is a huge advantage: Schmidt Tamarack Valley Energy’s President and CEO Brian Schmidt spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Schmidt talked about strategic acquisitions, managing through cycles, and business strategy in a depleted commodity price environment. Tamarack Valley Energy

Exclusive Interview with Andy Mah, President and CEO, Advantage Oil & Gas

We have chased profitability and low cost structure: Mah Advantage Oil & Gas’s President and CEO Andy Mah spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Mah talked about drilling results in the Montney, the advantages of owning and operating a gas plant, and the plans for company growth beyond 2017. Calgary-based

Newalta Corporation – Day One Breakout Notes

Newalta Corporation presents at EnerCom’s The Oil & Gas Conference®  During Newalta Corporation’s breakout session, management was asked the following questions:  The business model you have – serving three from one facility – couldn’t your competitors do the same thing?  The $200 million you spent in 2014 and 2015, was spent on what?  What percentage of your total fleet is

EnerCom Conference Presenter Focus: Enerplus Corporation

Enerplus Corporation will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Monday, August 15, 2016. Enerplus Corporation (ticker: ERF) is a developer of high quality crude oil and natural gas assets in Canada and the United States, focused on providing growth and income to its shareholders. The company’s core growth assets are located in the Bakken/North

EnerCom Conference Presenter Focus: Birchcliff Energy

Birchcliff Energy (ticker: BIR) will present at EnerCom’s The Oil & Gas Conference® on Tues. Aug. 16, 2016. Birchcliff Energy (ticker: BIR) is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta, operating in the Montney/Doig Natural Gas Resource Play and Worsley Charlie Lake Light Oil Resource Play in northern Alberta. The company has increased

Syncrude Plant Site

Production Restarting at Canadian Oil Sands

Works are returning to the Canadian oil sands as wildfires move away from production sites The Alberta government lifted mandatory evacuation orders for the last of the oil sands accommodation and production sites Monday, beginning the process of inspections by forestry and health officials to make sure they are safe for workers to return. All of the oil sands facilities

Alberta Production Coming Back Online

Oil & Gas 360® spoke with Tim McMillan, president and CEO of Canadian Association of Petroleum Producers about the ongoing wildfires in Alberta, Canada. McMillian said that a number of uncertainties remain with the fire, such whether or not the weather will remain cooler, but that most producers in the area are now bringing production back online. Watch Oil &

Canadian Oil and Gas Industry Remains Resilient: Natural Resource Minister

Alberta in much better fiscal position than BC, Ontario or Quebec While the price of U.S. crude benchmark WTI hovers above $30 per barrel, the price of Canadian benchmark Western Canadian Select has been nearer the $20 mark in recent weeks. The low prices have hit Canada’s producers hard, but Canadian Minister of Natural Resources Jim Carr remains positive about

Canada and Alberta Recognize They Desperately Need More Oil Pipelines

With Only One Oil Customer, Canada is “Leaving Billions of Dollars on the Table” Alberta Premier Rachel Notley has called for more pipelines to help transport Canada’s crude oil to international markets. The lack of infrastructure has left the Canadian province selling the majority of its crude oil to the U.S. at a discount, a problem that Notely said must

Blackbird Energy Takes a Big Step Towards Acreage Delineation with Successful Montney Well

An Exclusive Interview with Garth Braun, Chairman, President and CEO of Blackbird Blackbird Energy (ticker: BBI, www.blackbirdenergyinc.com) is in the early stages of developing its 75 sections (48,000 acres) of the Montney fairway in Alberta, but results from its 2-20-70-7W6 well indicate there may be plenty of running room ahead. In a company release issued on January 28, 2016, Blackbird