Canada’s weekly rig count up 3 to 153

This article came to our attention via BOE Report

Canada averaged 153 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 35% are drilling for natural gas, 55% are drilling for oil, 1% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 67% in Alberta, 18% in Saskatchewan, [Read more]

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Westcoast Energy declares dividend

This article came to our attention via BOE Report

CALGARY, AB – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividend: A. CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on October 15, 2021 to shareholders of record at the close of business [Read more]

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Certus Oil and Gas Inc. announces acquisition of Sitka Exploration Ltd

This article came to our attention via BOE Report

Calgary, Alberta – Certus Oil and Gas Inc. (“Certus” or the “Company“) is pleased to announce the corporate acquisition of Sitka Exploration Ltd (“Sitka”), effective July 16th, 2021. The acquisition adds 5,000 boe/d to the Company’s existing production base, and a 2021 annualized cashflow from operations of ~$28 MM. The acquired assets surround Certus’ existing core asset base [Read more]

Read More - Source: BOE Report