Service & Supply
PSAC STARS & Spurs Gala announces exciting changes for 2021 event due to COVID-19
Sunday, November 15, 2020, 8:53 PM MST
COVID-19 and the need to follow physical distancing guidelines means that the 2021 PSAC STARS & Spurs Gala will undergo…
Calfrac Well Services cuts capital spending plan, reports $50M Q3 loss
Thursday, November 12, 2020, 6:29 AM MST
Calfrac Well Services Ltd. cut its capital budget as it reported a $50-million loss in its latest quarter. The company…
Oilfield firm brings back 200 staff but makes 350 layoffs permanent as activity rises
Monday, November 9, 2020, 6:20 AM MST
Trican Well Service Ltd. says a slow recovery in oilfield activity has allowed it to bring back about 200 of…
Ensign Energy Services reports Q3 net loss of $36 million on 60 per cent less revenue
Friday, November 6, 2020, 6:27 AM MST
The president of Ensign Energy Services Inc. says activity is beginning to pick up in the North American oil and…
5 key insights about Western Canada’s most active drillers
Wednesday, October 28, 2020, 8:39 PM MDT
Crescent Point Energy Corp. and Tourmaline Oil Corp. lead the pack this week as the most active operators in Western…
Discussions about N.L. oil refinery future ongoing: Premier
Tuesday, October 6, 2020, 6:10 AM MDT
Newfoundland and Labrador Premier Andrew Furey says discussions about the future of an oil refinery in Come By Chance, N.L.,…
Calfrac makes changes to recapitalization plan in an effort to woo shareholders
Friday, September 25, 2020, 6:23 AM MDT
Calfrac Well Services Ltd. says its board has formally rejected a takeover offer by Texas-based Wilks Brothers LLC and made…
B.C. regulator to inspect oil and gas camps
Thursday, September 17, 2020, 8:59 PM MDT
The BC Oil and Gas Commission (OGC) will begin inspecting oil and gas camps to ensure companies have the proper…
Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer
Monday, September 14, 2020, 6:11 AM MDT
Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company…
Calling all unemployed and temporarily furloughed oil and gas workers: Take the PetroLMI COVID-19 Pandemic Labour Market Impact Survey and enter contest to win $1,000
Thursday, September 3, 2020, 9:39 AM MDT
The PetroLMI division of Energy Safety Canada is surveying oil and gas industry workers to gain insight into how the…
Wilks Brothers to make offer for Calfrac if recapitalization plan rejected
Wednesday, September 2, 2020, 6:40 AM MDT
Wilks Brothers LLC says it will make a takeover offer for Calfrac Well Services Ltd. if shareholders reject the company's…
Shale loses another global giant after Schlumberger’s frack sale
Wednesday, September 2, 2020, 6:35 AM MDT
Schlumberger has become the biggest oil-service industry player yet to abandon frack work in North America, a sign that activity…