Tag Archive | "canada"

More Takeovers on the Horizon after Sinopec Deal for Daylight say Analysts

Monday, October 17, 2011

Following a $2.2 billion deal that will see Sinopec acquire Daylight Energy, analysts believe Chinese firms may be poised for a shopping spree in Canada’s natural gas sector.

China Continuing to Obtain Gas Resources

Monday, February 14, 2011

The recent deal represents the biggest investment to date by a Chinese company in the North American energy sector, appearing to balance demand to develop gas fields at a time when low commodity prices are not providing companies with enough cash flow efficiently. The agreement could underscore greater exposure for resource companies to eventually export shipments to offshore markets.

LNG Spurred on Ailing Market

Tuesday, August 11, 2009

Canada’s energy players don’t quite seem to get it. At least, not yet. There is much hand-wringing going on about the depressed state of natural gas prices but nothing is being done. For full story, click here

Apache will fuel Asia’s Gas Demand

Sunday, August 9, 2009

Houston-based Apache Corp. has agreed to provide natural gas for export to Asia through a proposed project in Canada, the latest sign that huge gas discoveries in North America are reshaping international energy markets. For full story, click here

EnCana hedged 35% of natural gas production

Monday, June 15, 2009

EnCana Corp, Canada’s biggest energy company, established fixed price hedges on about 35 percent of its expected natural gas output as part of its extended risk management program for 2010. For full story, click here

CNQ declared plans to cut gas drilling 50% over price

Tuesday, May 12, 2009

Canada’s second-leading natural-gas producer plans to drill 50% fewer gas wells this year than it did last year because of sagging prices. For full story, click here

Open Range Energy reported fourth quartile profits

Friday, March 20, 2009

Canadian oil and natural gas exploration and production company Open Range Energy announced a net income of C$1.07 million for the fourth quarter ended December 31, 2008 when compared to a net loss of C$344,678 for the same period of 2007. For full story, click here

Rock Energy announced year-end results for 2008

Friday, March 13, 2009

Rock, a  Canada based crude oil and natural gas exploration, development and production company announced its financial and operating results for the three month and twelve month periods ending December 31, 2008. For full story, click here

South Parse:Warning signs

Thursday, November 6, 2008

By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it [...]

South Parse: Ike updates

Tuesday, September 16, 2008

By Duncan Sutherland – Exclusive to Gas Investing News Post-Ike news In the wake of Hurricane Ike, a steady flow of updates on production, refining and transportation infrastructure has been forthcoming. Overall, it seems the storm was relatively gentle to energy companies, reserving its wrath for the population centres of the Texas Gulf Coast. Natural [...]

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