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Weekly Canadian Oil & Gas Industry Highlights – March 20, 2017

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March 20, 2017

Presented by POIM Consulting Group

Major /Interesting Projects

  • ConocoPhillips_ Gas battery – multiwall_ KAKWA_13-32-061-05W6 – Desander
  • Crescent Point_ Gas Compression Facility Upgrade_ Estevan_05-31-02-12-W2
  • Seven Generations Energy Ltd._Major Compression Upgrade_ KAKWA & KARR
  • CSV Midstream Solutions to build, own and operate a gas processing facility in the Resthaven area of Alberta.
  • ARC Resources Ltd_Large PAD_ PEMBINA_ 09-19-049-07W5
  • Black Swan Energy Ltd_6 NEW BC Wells
  • Cenovus Energy Inc._Large Injector Pad_ LEISMER_ 03-23-076-06W4
  • K+S Potash Canada General Partnership Large drilling Program SK

 

First Facility License Last 12 Months

  • EOG Resources Canada Inc._Oil battery – multiwall_ 13-05-067-08W6

 

First Well License Last 12 Months

  •  PIPESTONE OIL CORP._ELMWORTH_03-01-071-08W6
  • Shackleton Exploration Ltd_BASHAW_15-22-043-21W4
  • Questfire Energy Corp._VIKING-KINSELLA_07-23-048-08W4
  • TALIO RESOURCES LTD_Lloydminster_03-01-052-20W3 
  • ATHENA RESOURCES LTD._Estevan_01-14-006-03W2     
  • Rocky River Petroleum Ltd_01-17-026-26W3

 

First Wells Drilled Since May 1

  • CHECK ENERGY_KENT_10-07-060-02W4
  • Rocky River Petroleum Ltd_01-17-026-26W3

 

Rigs First Time Drilling Since May 1

  • Akita 40_Pengrowth Energy Corporation_11-13-058-05W4
  • Akita 45_Paramount Resources Ltd._KAKWA 08-07-063-04W6
  • Earth 46_FORT HILLS ENERGY CORPORATION_02-36-096-10W4
  • Ensign 223_Canadian Natural Resources Limited_LINDBERGH_02-09-057-06W4
  • Ensign 414_Cenovus Energy Inc._FISHER_13-14-070-05W4
  • Ironhand 2_Mancal Energy Inc_TWINING_05-32-030-23W4
  • Preditor 299_Canadian Natural Resources Limited_WOODENHOUSE_05-10-087-23W4

 

Other News

  • Blackbird Energy Inc. Closes Upsized and Over Subscribed Marketed Public Offering of $84.8 Million
  • Crew Energy Inc. Announces Closing of C$300 Million Senior Notes Offering
  • Cardinal will drill a record number of wells this year targeting multiple plays major components of the 2017 capital budget are $16 million for facilities and pipelines, $32.7 million for the drilling of 18 wells as well as to spend $4 million on environmental and reclamation initiatives.
  • Canbriam Energy Announces 2017 Capital Budget of $295 million $165 million of which will be focused on drilling and completion Canbriam is constructing a liquids pipeline that will join the NEBC pipeline expansion project near the Alaska Highway.
  • Delphi’s planned drilling program in 2017 will more than double as compared to the 2016 program with the addition of a second drilling rig that commenced activity in December 2016. The 2017 development plan contemplates the drilling of 13 gross (8.4 net) Bigstone Montney horizontal wells and the completion, tie-in and well site equipping of 14 gross (9.0 net) wells.
  • Surge anticipates implementing a second waterflood pilot in the southernmost development area in mid – 2017.
  • Traverse exploration and development program for 2017 of $14 million to be financed by cash flow
  • Zargon’s 2017 capital budget has been set at $7.8 million
  • Painted Pony Announces Strategic Montney Acquisition and $100 Million Equity Financing

 

 
 

Learn How You Can Get Better Market Research & Lead Generation

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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
[email protected]

Website: poim.ca

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



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