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Oil & Gas

Inter Pipeline expanding Kerrobert hub

Calgary – Inter Pipeline Ltd. is spending $65 million this year on a crude oil storage tank expansion at the Kerrobert Terminal on their Mid-Saskatchewan pipeline system.

Trican cuts 2,000 jobs, salaries

Calgary – Trican Well Service Ltd., founded in Lloydminster, has reduced its Canadian workforce by 35 per cent after cutting 2,000 employees from its North American operations due to prevailing weak demand for its oilfield services.
Could Stoughton one day be connected by rail to Northgate?

Could Stoughton one day be connected by rail to Northgate?

Abandoned railbed runs from Lampman to Northgate
North Dakota sees $4 billion drop in oil revenues

North Dakota sees $4 billion drop in oil revenues

State adopts flat oil tax to staff off devastating drop in income
Manitoba expects significant decline in activity

Manitoba expects significant decline in activity

Drilling down substantially
Advance Engineered Products Ltd. expected to be sold

Advance Engineered Products Ltd. expected to be sold

Competitors looking over books for possible purchase
Getting the skinny on TransCanada pipeline projects

Getting the skinny on TransCanada pipeline projects

Energy East, Upland and Cromer lateral all discussed by TransCanada VP
PSAC forecasts dramatic decrease in wells for 2015

PSAC forecasts dramatic decrease in wells for 2015

Regina – Four months of low oil prices have led to significant declines in drilling activity, according to the Petroleum Services Association of Canada (PSAC).
Crescent Point buys Legacy Oil+Gas

Crescent Point buys Legacy Oil+Gas

Legacy an early mover in Torquay play
Finning to acquire Kramer Cat dealership in Saskatchewan

Finning to acquire Kramer Cat dealership in Saskatchewan

Regina, Vancouver – On May 6 Finning International Inc. (TSX: FTT) announced it has reached an agreement to purchase the operating assets of the Cat dealership of Kramer Ltd. for approximately $230 million, subject to working capital adjustments.