Enerplus Quarterly Profit Beats Expectations On Higher Oil Prices
Enerplus stood by its capex forecast of C$535 million to C$585 million in 2018, saying it will spend 75% of that amount to develop its North Dakota assets in the Williston Basin.
Pengrowth’s CEO Derek Evans To Retire; Successor Named
Pengrowth Energy Corp. (NYSE: PGH) said Feb. 20 it has appointed Peter Sametz as president, CEO and as a member of the board of directors effective March 15th, 2018.
Encana's Fourth-Quarter Profit Beats, Production Rises
Last month Encana said it plans to invest nearly 70% of this budget to boost production in Permian and Montney, as oil investors pressure producers to improve production without significantly increasing capital budgets.
Murphy Oil CFO John Eckart Announces Intention To Retire
Currently, Murphy Oil has a search process underway to identify CFO John W. Eckart’s successor, the El Dorado, Ark.-based company said in a press release.
BHGE Executive Talks Artificial Intelligence, Digitization, Challenges
Technologies must be domain specific with end-to-end workflows so they can be put to use, according to Binu Mathew, senior vice president and global head of digital products for Baker Hughes, a GE company.
Alberta’s Oil Industry Facing Perfect Storm Of Awful
Low prices, pipeline and rail constraints, and storage shortfalls form brewing storm against Alberta’s oil industry.
Canada Poised To Be Next Frontier For Shale Oil
Canadian producers and global oil majors are increasingly exploring the Duvernay and Montney formations, which they say could rival the most prolific U.S. shale fields.
Pengrowth Appoints Randy Steele To COO Position
Pengrowth Energy Corp. (NYSE: PGH) has appointed Randy Steele to the COO position, the company said on Jan. 25.
Halliburton Beats On Fourth-Quarter Profit; Makes Tax Provision
Shares in the oilfield services provider rose around 1% in premarket as Halliburton posted a profit of 53 cents a share, beating average analyst estimates of 46 cents per share.
Canadian Jury Acquits Three Over Lac Megantic Derailment
A Canadian jury on Friday found three former rail workers not guilty of criminal negligence causing death in connection with a 2013 crude-by-rail derailment that killed 47 in the town of Lac Megantic in Quebec.