Tag: 2nd quarter
Job vacancies soar in Alberta, led by surge in energy sector
Workers collecting unemployment benefits down in Edmonton (-4.1%), Calgary (-3.0%) According to Statistics Canada, job vacancies in Alberta rose by 8,500 in the second quarter of 2017 compared to the same period last year. The increase is a row of year-over-year increases for the province, the agency said in a release on Oct. 19. There […]
Alberta brief Aug 3: 7 Generations, CNRL continue strong performance in low price environment
Also in brief: CNRL delivers strong 2nd quarter results, Kinder Morgan Canada launches $200 million bought deal preferred share offering Seven Generations Energy Ltd.continued its strong financial and operating performance in second quarter of 2017, generating funds from operations of $268.1 million, or 73 cents per share, up 36 and 11 per cent compared to […]
Clayton Williams Energy suffers Q2 loss, refocuses on Delaware Basin
Clayton Williams has oil and gas production of 13.6 MBOE/d Clayton Williams Energy, Inc. announced a Q2 net loss of $73.8 million, with a plan focused on the development of its 65,000 net acre position in the southern Delaware Basin. Production costs in Q2 were $19.2 million versus $23.1 million in Q2 2015 due to lower oilfield […]
Schlumberger releases 16,000 employees in 2016 amid weak Q2 results
US land rig count fell by 25% in second quarter Schlumberger released it’s second quarter results, and while it’s revenue is up 10 per cent from last quarter, at $7.2 billion, it’s all attributed revenue gained from the merger with Cameron International Corporation, which finalized April 1. North American revenue decreased 12 per cent, while international revenue decreased 9 per cent. “In the […]
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