Oil & Gas

The Government of Saskatchewan has announced the allocation of $200 million for Phase Two of the province’s Accelerated Site Closure Program (ASCP). The ASCP prioritizes Saskatchewan-based oil and gas service companies.

Two of Saskatchewan’s intermediate oil producers announced on Dec. 8 they will be combining. Whitecap Resources Inc. and Torc Oil & Gas Ltd.

The Crown petroleum and natural gas public offering Dec. 1 highlighted the sale of several leases for “oil shale” southwest of Hudson Bay.

Saskatchewan Pulse Growers (SPG) is pleased to announce the newest members to the Board of Directors, following the close of the election period on November 30. Two board members are new, and SPG retains an existing Director for another term.

For many years, it has been known that Saskatchewan has oil shale resources, but they have never been developed.

The two rig shacks that were reported as missing from the Estevan area last week have been located. The Estevan RCMP announced last week in a post on the Saskatchewan Crime Watch Advisory Network that it was investigating the theft of the rig shacks.

Saskatchewan geothermal power pioneer Deep Earth Energy Production Corp. (DEEP) has recently hydraulicly stimulated a horizontal geothermal well south of Torquay, something president and CEO Kirsten Marcia says is a global first.

Saskatchewan Minister of Energy and Resources Bronwyn Eyre spoke about how Saskatchewan’s oilpatch production has been recovering.

Saskatchewan’s oil production has rebounded halfway back, from its pre-COVID-19 production levels, to its bottoming out when the crisis hit, to halfway back again.

It’s mid-November, so you can load that semi trailer right up, right? Wrong.