Calgary – Page 2 – Oil & Gas 360

Calfrac Announces 2019 Capital Program

December 6, 2018

Calgary-based Calfrac Well Services Ltd. (stock ticker: CFW) provided details today on its 2019 capital program: Approximately $149 million will be spent, including $126 million of maintenance capital $11 million of refurbishment capital and $12 million related to corporate initiatives Approximately $10 million that is remaining from Calfrac’s 2018 capital program is expected to be spent in 2019 Fernando Aguilar, Calfrac’s president and CEO, said that more than 80% of the

Advantage Appoints COO

November 2, 2018

Nov 1, 2018 CALGARY, Nov. 1, 2018 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce the appointment of Mr. Michael Belenkie to the position of Chief Operating Officer. Mr. Belenkie has over 20 years of experience in the oil and gas industry in a variety of senior management roles which included a diversity of both technical and

Vermilion Production up 19% to 96 MBOEPD

October 26, 2018

Vermilion Energy (ticker: VET) held its Q3 conference call this week, elaborating on its temporary withdrawal from the Netherlands, share buybacks, basin potentials and budget assumptions. Fund flows from operations (“FFO”) for Q3 2018 were $261 million ($1.71/basic share), an increase of 34% from the prior quarter (18% on a per share basis) driven by higher production volumes and higher commodity

Strategic Oil & Gas to Present at EnerCom’s The Oil & Gas Conference® August 19-23, 2018

May 25, 2018

Strategic Oil & Gas Ltd. (ticker: SOG) is an oil and gas company based in Calgary, Canada. In the first quarter of 2018, Strategic drilled two horizontal Muskeg development wells at west Marlowe in northwestern Alberta. The wells commenced production in March, one month ahead of schedule. Production for the quarter was 2,183 BOEPD. According to the company’s April 2018

Razor Energy Corp. is Presenting at EnerCom Dallas Feb. 21-22, 2018

January 15, 2018

Razor Energy Corp. (ticker: RZE) is an oil and gas development and production company headquartered in Calgary, Alberta, with an emphasis on acquiring and enhancing producing oil and gas properties in Alberta. The company recently released its Q3 2017 results. Q3 2017 was the first full quarter of operations for Razor with both the Swan Hills and Kaybob assets operating.

Blackbird Energy Adds Montney Rights, Wells

July 25, 2017

Calgary-based Blackbird Energy Inc. (ticker: BBI) added additional acreage in its Pipestone/Elmworth location and reported updates to its development program and its expansion of the Eastern Pipestone/Elmworth gathering system. More in the Montney Blackbird increased its Pipestone/Elmworth Montney rights to 125 gross (108.9 net) sections—equivalent to 80,000 gross (69,696 net) acres. This is up from its previous 76,800 gross (66,469

Advantage Oil & Gas LTD. – Day One Breakout Notes

August 15, 2016

Advantage presents at EnerCom’s The Oil & Gas Conference® During Advantage’s breakout session, management was asked the following questions: Is your hedging fix-priced? What if you don’t get your target hedge price? Can you talk a little more about the situation around the TransCanada pipeline (TCPL)? So you mean that you have some firm transportation capacity? Does this transportation get

Vermilion Energy, Inc. – Day One Breakout Notes

August 15, 2016

Vermilion Energy presented at EnerCom’s The Oil & Gas Conference® During Vermilion’s breakout session, management was asked the following questions: What drilling activity is going on in the Eastern Powder River Play (Wyoming)? How much does one of these wells cost? How long are the laterals in these wells? What percentage of your total CAPEX goes into France? How many

New West Energy Services Inc. Announces Private Placement Financing Approved Overwhelmingly by Shareholders

April 11, 2016

CALGARY, ALBERTA–(Marketwired – April 11, 2016) – NEW WEST ENERGY SERVICES INC. (TSX VENTURE:NWE) today announced that at the special meeting held on April 7, 2016, NWE shareholders overwhelmingly approved the previously announced proposed private placement financing and the creation of a new “control person” in William A. Rand, NWE’s Chairman. At the meeting, 45.44% of the issued and outstanding

National Elections in Canada are Less than Three Weeks Away

September 29, 2015

The three-way race for the seat of Prime Minister of Canada Elections for the head of Canada’s federal government are set to take place October 19, less than three weeks from now. The latest national poll shows the Conservatives at 31%, the Liberals at 30% and the New Democratic Party (NDP) at 29%. Based on those numbers, the Conservatives are

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