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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

bbl between 2017 and 2019, according to BMO. Back in 2017-2019, U.S. C$1 = US$0.73) Canada Closing Bell Story‎ Commodities Crude Oil Exploration & Production (E&P) Featured Canada oil sands lowest-cost plays technology They directed their capital to cheaper oil production, and favored U.S.

Oil 130
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Hess exits deepwater exploration block in Suriname

Oil & Gas 360º

The Production Sharing Contract (PSC) for Block 59 was signed in July 2017 between Staatsolie, ExxonMobil, Statoil (Equinor), and Hess. (World Oil) – The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. and Statoil Suriname B59 B.V.

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Zephyr Energy announces result of oversubscribed Bookbuild and Posting of Notice of general Meeting

Oil & Gas 360º

UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. million fundraise comprising a £9.8 million Placing and £0.7 million at the Issue Price of 3.0

Energy 130
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Colombia’s GeoPark appoints Felipe Bayon as its new CEO

Oil & Gas 360º

From 2017 to 2023, Mr. Bayon was CEO of Ecopetrol , one of the most important energy groups in Latin America, where he led 18,000 employees, oversaw production of approximately 700,000 boed and revenues of over $30 billion, and delivered record financial, operational, and safety results.

IT 130
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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. See 77 Fed. 10184 (Feb.

E&P 40
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2023 Master Plan Brings Updates to Coastal Research and Projects

The Energy Law

3] The newest plan boasts several updates since the 2017 draft including an updated project selection process, improved predictive models, and developments of new risk metrics. 2] Draft 2023 Coastal Master Plan, p. 3] Draft 2023 Coastal Master Plan, p. 5] Draft 2023 Coastal Master Plan, p.

E&P 98
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CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360º

Dr. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career. Dr. Chris Cornelius will assume the role of Executive Chairman. Beltgens is currently an independent director for Kingfisher Metals Corp. TSXV: KFR), Orex Minerals Inc. TSXV: TIDE).