Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years.
The first, a five year contract, worth an estimated C$15 million annually, is with an [...]
Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies.
“E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing [...]
Osum Oil Sands Corp, a privately-held company focused on bitumen extraction, today announced that it has closed a private equity financing for a total of CDN$275 million at a price of CDN$10.50 per share. The financing was led by Warburg Pincus LLC and included a substantial investment by Blackstone Capital Partners V LP.
Osum is currently [...]
Pembina Pipeline Income Fund announced that its wholly owned subsidiary Pembina Pipeline Corporation is proceeding with the construction of two pipeline systems with an estimated combined capital cost of $400 million. Pembina has entered into transportation service agreements (”TSAs”) with founding customers, Canadian Natural Resources and EnCana Corporation (the “Shippers”) on these two pipeline [...]
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]
Anadarko Petroleum Corp. said Tuesday its fourth-quarter profit more than doubled from a year ago, lifted largely by the sale of its Canadian subsidiary.
The independent oil and gas producer earned $1.92 billion, or $4.13 per share, in the October-December period, up from $874 million, or $1.87 a share, a year earlier.
Revenue climbed to $3.18 billion [...]
Canadian Natural Resources Limited announced that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange.
The notice provides that Canadian Natural may, during the [...]
It’s the busiest time of year for the natural gas drilling business, and while the sector is active, weak commodity prices have cast an uncertain outlook over the year ahead.
The season got off to a slow start because warm weather in northern Alberta and British Columbia earlier this winter slowed the ground from freezing, which [...]
Oil and gas explorer Anadarko Petroleum Corp. enjoyed sizable profits this year, bolstered by higher gasoline prices and blockbuster acquisitions, but its stock lagged because of higher debt.
The Woodlands, Texas-based company, with a market capitalization of $20.07 billion, goes up against larger competitors like BP PLC, ConocoPhillips, and Exxon Mobil Corp. in the exploration, development, [...]
EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]
