ESTEVAN – With roughly just two weeks to go until spring breakup, there were 39 active drilling rigs working in Saskatchewan on March 1. That’s according to RiggerTalk.com, which publishes data from the Canadian Association of Energy Contractors. Activity has...
CALGARY – The Canadian Association of Petroleum Producers (CAPP) reported on March 1 it is forecasting oil and natural gas investment in upstream production will hit $40.0 billion in 2023, surpassing pre-Covid investment levels. That represents $4.0 billion, or 11 per...
CALGARY, ALBERTA – Saturn Oil & Gas Inc. announced the evening of Feb. 28 that it has successfully completed the previously announced acquisition of Ridgeback Resources Inc. in a half-billion dollar deal. The deal was initially announced on Jan. 20. Ridgeback was...
CALGARY — Cenovus Energy Inc. announced on Feb. 28 that it has closed on the transaction to purchase bp’s 50 per cent interest in the bp-Husky Toledo Refinery in Ohio, effective that day. Cenovus already owned 50 per cent of the facility, and now owns 100 per...
REGINA – Last fall, Hub City Lithium drilled its first test well just west of the Viewfield crater, south of Stoughton. And on Feb. 21, ROK Resources, the operator and 25 per cent owner of Hub City, announced brine lithium concentrations that are the highest, by a...
