Today’s energy market action: Oil and gas prices continue to move higher. Brent and WTI both rise about 2%. Cdn light and heavy benchmarks gain closer to 3%. Heavy oil discount moves back above US$12/bbl. Henry Hub surges 4%, while gasoline moves up 1%. Energy stocks outperform on both side of…
Canadian Oil & Gas Companies Weekly Update
Weekly Update Sept 9 2019 Interesting News Cenovus Energy Inc. 139 new well license Bonnyville Area Tourmaline Oil Corp 23 new well license in BC Shell Canada add 3 well permits to PAD 15-36-064-23W5 making a total of 6 well permits SURGE ENERGY INC. new well pad with 4 well…
Oil & Gas Companies Weekly Update
ALBERTAAB Gov’t • Promise made, promise kept on the AERCdn Press • AB gov’t to review AER, replaces board membersCdn Press • AB finance minister: No longer the ‘rich kids on the block’PM • AB has ‘lost its reputation’ as a competitive place to invest CANADAS&P Global • S&P Global Platts acquires Canada’s EnerdataTrans Mountain…
Oil & Gas Companies Daily Post Sept 7
Today’s energy, equity and currency market action: Oil prices rise for a third day in a row. WTI adds 0.4% for the day, and 2.6% for the week. Brent and Cdn Light add 2% for the week …… while WCS, SCO and C5+ add about 3.5%. Henry Hub soars over 9%,…
Oil & Gas Companies Daily Update Sept 5
Today’s energy and equity market action: Oil prices rally in the morning, but fizzle in the afternoon. WTI little changed, while Cdn Light moves up 0.3%. WCS dips 0.4%, as heavy oil discount widens slightly. Equity markets soar as US/China trade talks progress. Energy stocks log second day of gains on TSX/SPX….
Oil & Gas Companies Texas Weekly Update Sept 3
Texas Producers First Well Permits Since April 1 2019 or Greater SMITH STREET_8_HOEFS T-K (WOLFCAMP) Primary Field_Oil Well SAGE NATURAL RESOURCES LLC_9_NEWARK, EAST (BARNETT SHALE) Primary Field_Oil or Gas Well HASKIT, KENDALL_7B_CALLAHAN COUNTY REGULAR Primary Field_Oil or Gas Well HASKIT, KENDALL_7B_CALLAHAN COUNTY REGULAR Primary Field_Oil or Gas Well STRAWN PARTNERS…
Daily Oil & Gas News Sept 4 2019
Today’s energy and equity market action: Oil prices recover losses from past two trading days. Brent and WTI gain 4%, while WCS moves up 5%. Cdn Light discount widens to US$4.50/bbl. SPX/TSX energy stocks also move up on Wednesday. Today’s notable energy news: Lower oil prices widen Canada’s trade deficit….
Oil & Gas Companies Daily News Sept 3
Today’s energy market action: Oil prices kick off new week with another loss. Brent slides to lows of mid-August …… while WTI breaks below US$54/bbl. Heavy oil discount narrows to US$11.50 …… while SCO premium jumps to US$1.44. Gasoline breaks below US$1.50. TSX/SPX energy sectors move lower. Cdn midstream stocks continue to…
Canadian Oil & Gas Companies Weekly Update Sept 2 2019
Weekly Update Sept 3 2019 Interesting News Tamarack Valley working with Bluestar Engineering Ltd. new compressor install 05-26-034-09W4 Pembina large compressor install gas plant 14-28-062-20W5 42 new well permits in BC approved last week Gain Energy Ltd. 6 new well permits for 2 new pads WAPITI field Westbrick Energy 2…
Oil & Gas Companies Weekly Update
ALBERTAAB Gov’t • Bill C-69 proclamation: The ‘No More Pipelines Act’PM • With curtailment settled, UCP must decide fate of rail carsPM • Enough is enough: Oilpatch video firmly stand up for industryYouTube • Supporting the well-being of every Canadian CANADACER • The new Canada Energy RegulatorCdn Gov’t • Appointments to the new Canada Energy RegulatorEnbridge…
