Here is an energy issue I thought would have been resolved years ago--but it's going to court this week in Alberta.  The central question is simple--what takes priority if a producer goes bankrupt--environmental liabilities to plug & abandon (P&A) wells, or creditors. What's happening is that the Alberta Energy Regulator...
The oil and gas industry has come under fire recently over the environmental impact of some of its extraction techniques for unconventional oil - such as shale gas and oil sands - but there are a number of alternatives out there.
Canadian brokerage firm Canaccord Genuity maintained its SPECULATIVE BUY rating and C$1.65 target share price for exploration and production company Canacol Energy Ltd. (CNE:TSX).
This is the worst time of year for world oil prices to hit a five year low for North American energy producers. That’s because they typically evaluate their reserves at fiscal year-end—and that usually matches the calendar year.  That means reserve evaluations are done with the current price "deck" looking...
I don’t think I’ve read a more unbelievable statistic. Can Bloomberg really only use FOUR people to generate one of the most watched oil estimates in the world—a number that moves billions of dollars each week? A report from Canadian brokerage firm RBC Dominion two weeks ago suggests that that is...
Crescent Point’s Torquay Discovery Reignites Southeast Saskatchewan Just when you thought The Bakken couldn’t get any better—it does. Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months. This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates...
Canadian brokerage firm Canaccord Genuity announced on October 6 that it was reiterating its SPECULATIVE BUY rating for junior oil and gas company Hyperion Exploration (HYX:TSXV) and increasing its target share price to C$2.25.
Do you know how most leaks are found on oil and gas pipelines? They get a shrill complaint over the phone from one of the landowners where the pipeline crosses. It’s true, says Dr. David Shaw, one of the authors of a draft “Leak Detection Study” prepared for the U.S. Department...