Flint Energy Services Ltd. announced the Company has been awarded a $50 million (Canadian dollar) construction contract by StatoilHydro Canada Limited, the Canadian business unit of StatoilHydro, for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta.
The contract will involve the site construction of the central plant’s mechanical components for the [...]

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 [...]

BPZ Resources, Inc. announces the oil test results from the CX11-20XD well in the Corvina field of the offshore Block Z-1 in Northwest Peru. The Company completed two drill stem tests (DST) on four sets of oil sands in the well testing a cumulative flow rate of 10,268 barrels of oil per day (bopd).
Tests on [...]

The Saskatchewan Research Council (SRC) is constructing a new oil sands research laboratory, which will include a 3D scaled physical model for oil sands testing that is being built with the assistance of a $1-million contribution from Oilsands Quest Inc.
The new laboratory and unique-in-Canada model were officially commissioned by the Honourable Lyle Stewart, Minister of [...]

Boart Longyear Limited announced that it has acquired Eklund Drilling Company Inc., a U.S.-based company with headquarters in Elko, Nev., specializing in reverse circulation (RC) drilling. Terms of the acquisition were not disclosed. Eklund is expected to add approximately USD $50 million in annual revenues. The acquisition will expand the company’s position in global RC [...]

Devon Energy Corporation announced today that it has received regulatory approval for the company’s second oil sands project in Canada. Construction of the 100 percent Devon-owned Jackfish 2 project will begin immediately.
Once fully operational in 2012, Jackfish 2 will produce about 35,000 barrels of oil per day through a recovery method known as Steam Assisted [...]

BPZ Resources, Inc. announced the Company reached total target depth on the CX11-20XD well at the Corvina field in offshore Block Z-1 located in northwest Peru. The 20XD is the Company’s fifth well in the Corvina field and reached a total measured depth of approximately 9,800 feet (6,400 feet vertical depth). The well has been [...]

On July 24, 2008, Access Energy Inc. announced that it intended to submit bids for all five of the oil sands exploratory permits covering approximately 810,000 acres that were posted for sale by the Province of Saskatchewan on May 29, 2008.
Yesterday, the Province of Saskatchewan announced that there were no successful bidders for these oil [...]

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 [...]

Titan Tire Corporation, a subsidiary of Titan International Inc., shipped its first giant 63-inch off-the-road (OTR) tire and wheel assemblies on July 29, 2008. These tires, each measuring nearly 14 feet tall and weighing approximately 12,500 pounds, are being shipped to Canada’s oil sands for use in mining applications.
“A lot of people in the industry [...]