Weekly Canadian Oil & Gas Industry Highlights – May 1, 2017

May 1, 2017

Presented by POIM Consulting Group

Major /Interesting Projects

• Canadian Natural Resources Limited large compressor install at existing Gas Plant Gold Creek 13-26-067-05W6
• Husky Energy Limited large compressor install at existing Gas Plant FERRIER 04-02-037-10W5
• Velvet Energy Ltd large battery includes Desanders, Pumps, Tanks PEMBINA 01-29-048-11W5
• Seven Generations Energy Ltd. Large Battery KARR 04-24-065-05W6
• Devon Canada Corporation 12 Well PAD 12-32-063-06W4
• Husky Energy Large PAD TUCKER LAKE 01-32-064-04W4
• Penn West Exploration Large PAD PEMBINA 01-03-050-11W5
• Tamarack Valley Energy Ltd Large PAD Provost 02-21-034-09W4

 

First Facility License Last 12 Months

• Beringer Energy Inc._Gas processing plant adding Compressor & Flare Stack_02-26-052-12W5   
• Meritage Midstream ULC_Gas processing plant_adding Compressor_11-21-066-03W6  
• TUNDRA OIL & GAS PARTNERSHIP_Water Injection/Disposal_SK_08-12-08-30-W1

 

First Well License Last 12 Months

• West Lake Energy Corp._Lloydminster_01-29-049-24W3                – David Middleton CEO former Twin Butte

 

First Wells Drilled Since Apr 1 2017

• SPUR Resources _PROVOST-12-19-34-8
• Kelt Exploration Ltd_DLS: B 05-27-087-23

 

Rigs First Time Drilling Since Apr 1 2017

• Akita 27_MEG Energy Corp._HARDY_09-04-077-05W4
• Akita 45_Paramount Resources Ltd._KAKWA_08-07-063-04W6
• Ensign 148_Seven Energy (Canada) Inc_KAKWA                05-23-063-05W6
• Nabors 53_Seven Energy (Canada) Inc_KAKWA 12-14-063-05W6
• Nabors 86_Seven Energy (Canada) Inc_KAKWA 12-14-063-05W6
• Precision 379_Kelt Exploration Ltd_DLS: B 05-27-087-23
• Precision 534_Encana Corporation_DLS: O 02-14-081-18
• Precision 535_Encana Corporation_ELMWORTH 10-09-071-08W6
• Trinidad 438_Birchcliff Energy Ltd._POUCE COUPE SOUTH 04-08-077-12W6

 

Other News

• Delphi Energy Corp. to Strengthen Board With Three New Directors; Harry S. Campbell to Serve as Board Chair
• Leucrotta Exploration Inc. Announces Completion of Its $80 Million Bought Deal Financing more info 
• Cenovus Resumed field construction of the Christina Lake phase G expansion project Cenovus more than doubled capital investment in its conventional portfolio to $88 million 
• Pengrowth Enters Into Agreement to Sell Remaining Swan Hills Assets for $185 Million
• Manitok Energy Inc. (“Manitok” or the “Corporation“) (TSX VENTURE:MEI) is pleased to announce that it has completed an acquisition from an Alberta based oil and gas company to acquire a 100% working interest in approximately 1.1 Mmcf/d (175 boe/d) of natural gas production, based on field estimates, in the Carseland, Alberta area (the “Acquisition“).
• Crescent Point Expect to revisit 2017 budget after spring break-up – Company spent $465.5 million on drilling and development activities during first quarter, drilling 286 (259.7 net) wells. more info… 
• Traverse Energy Ltd. Announces Private Placement Financing more info… 
• Questfire Energy Corp. continued debt reduction and improvement in commodity prices, we expect to return to drilling and growth in the second half of 2017.
• Imperial Oil Cold Lake expansion project environmental impact assessment completed.

 

Learn How You Can Get Better Market Research & Lead Generation

Enerlead for Qlik provides the market research you need for quality lead generation in the oil & gas industry, find out more here: http://www2.poim.ca/l/305311/2017-04-02/4d5d

About POIM

It is difficult to sell to the Oil & Gas industry in the current economic environment if you want to increase revenue you need to increase market share. What is your sales Data Innovation strategy to grow market share? Do you know what accounts you need to target and are you making contact with the decision makers? Is your sales plan working?

POIM Consulting we help Oil & Gas Services companies increase market share through effective use Customer Relationship Management & Business Intelligence.

Contact POIM

Pat Hinds
1-403-472-5795
phinds@poim.ca

Website: poim.ca

POIM Consulting Group
450-29th Ave NW
Calgary, Alberta
T2M 2M3, Canada

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