Monthly Archives: September 2017

Today marks the 50th anniversary of revolutionary Great Canadian Oil Sands Limited, the precursor to Suncor Energy

Today marks the 50th anniversary of revolutionary Great Canadian Oil Sands Limited, the precursor to Suncor Energy

Today marks the 50th anniversary of revolutionary Great Canadian Oil Sands Limited, the precursor to Suncor Energy

Editor's note: The following is the transcript of a speech given by author Peter McKenzie-Brown discussing his latest book: 'Bitumen: The people,...

Source: FB-RSS feed for BOE Report

Finalists from Nearly 30 Countries Compete for 2017 S&P Global Platts Global Energy Awards

Energy companies from a record 28 countries have been selected as Finalists for the 19th annual  S&P Global Platts Global Energy Awards.  The 2017 Finalists, more than half of which were nominated from outside the United States, were announced today by program host S&P Global Platts, the leading global provider of energy and commodities information...

The post Finalists from Nearly ...

Source: Oilman Magazine – The Magazine for Leaders in American Energy

Epic Pipeline Announces Capacity Agreement With BP Energy Company For New 650-Mile NGL Pipeline From The Permian Basin To Corpus Christi

EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP and EPIC Midstream Holdings, LP, today announced that it has signed a definitive agreement with BP Energy Company to anchor a new 650-mile natural gas liquids (NGL) pipeline that will be known as “EPIC NGL Pipeline,” which will link producers’ NGL reserves...

The post Epic Pipeline Announces ...

Source: Oilman Magazine – The Magazine for Leaders in American Energy

Today marks the 50th anniversary of revolutionary Great Canadian Oil Sands Limited, the precursor to Suncor Energy

Editor’s note: The following is the transcript of a speech given by author Peter McKenzie-Brown discussing his latest book: ‘Bitumen: The people, performance and passions behind Alberta’s oil sands.‘ Great Canadian Oil Sands Limited was the precursor to what is now Canada’s largest energy company: Suncor Energy. Today marks the 50th anniversary of GCOS opening for [Read More…]

Source: Headlines – BOE Report

Seven Generations announces expiration of tender offer for its 8.250% senior unsecured notes due 2020

CALGARY, ALBERTA–(Marketwired – Sept. 29, 2017) – Seven Generations Energy Ltd.’s (TSX:VII) tender offer was accepted by holders representing US$224,340,000 aggregate principal amount of 7G’s 8.250% senior unsecured notes due 2020 (the “Notes”). The previously announced cash tender offer to purchase any and all of the outstanding principal amount of the Notes expired at 5:00 [Read More…]

Source: Headlines – BOE Report

Shale Support partners with Tidewater Logistics for Increased Access to Marcellus, Utica (Friday, 29 September 2017)

Shale Support Holdings, LLC, provider of frac-sands and logistical solutions to the oil and gas proppant market, today announced its partnership with Tidewater Logistics. The agreement increases Shale Support’s access into the Ohio, West Virginia and Western Pennsylvania markets, providing storage while allowing it to be one of the lowest cost providers of frac sand to the region.

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Source: The latest Oil and Gas Industry News - from oilandgaspeople.com

Shell’s Appalachian Basin Cracker Facility Will Bring Thousands of Jobs, Manufacturing to Region

Attendees at this week’s Shale Insight conference had the opportunity to receive updates on a project that has been years in the making in the Appalachian Basin – the planned Shell Appalachia ethane cracker facility in Beaver County, Pa. EID first reported on Shell’s decision to locate the facility in Pennsylvania back in 2012, and the planning process will finally ...

Source: Energy In Depth

Eagle Energy Inc. Announces North Texas Drilling Update, Cost Reductions and Amendment to Loan Agreement

CALGARY, Alberta, Sept. 29, 2017 (GLOBE NEWSWIRE) — (TSX:EGL): Eagle Energy Inc. (“Eagle”) is pleased to update its shareholders regarding operations and ongoing cost reduction initiatives, as well as to announce a proactive amendment to its loan agreement.  Eagle has worked with its lender to relax one of its four financial covenant thresholds in recognition [Read More…]

Source: BOE Report

Bitcoin Becomes Part Of North Korea’s Geopolitical Arsenal

Fresh off the news of North Korea claiming that the United States has declared war due to U.S. President Trump’s military positioning and contentious rhetoric, a September 11 report from FireEye has suggested that the DPRK may be mining something other than coal. With tensions at an all-time high, North Korea is looking towards new means of pursuing their economic and ...

Source: Oilprice.com

Majors Race To Gain More Acreage In The Permian

Permian acreage positions don’t tell the whole story Companies continue to race into the Permian, jockeying for acreage and buying up increasing positions in the world’s most popular unconventional basin. The Permian is an oil basin that has produced almost a century as a conventional play and now that the shale phenomenon has found the Permian, recent estimates say the ...

Source: Oilprice.com