Page 46 - Precision Drilling News Today

As 2021 winds down, Canadian oil and gas leaders and analysts expect the new year will continue the industrys recovery.

As 2021 winds down, Canadian oil and gas leaders and analysts expect the new year will continue the industrys recovery.

FORT ST. JOHN, B.C. - WorkSafeBC imposed a fine of approximately $207,000 against Precision Drilling on Nov. 1...

CALGARY — Precision Drilling Corp. says it lost $38 million in its latest quarter as drilling ramped up and revenue rose more than 50 per cent compared with a year ago. The Calgary-based company says the loss amounted to $2.

CALGARY - Precision Drilling Corp. says it lost $38 million in its latest quarter as drilling ramped...

CALGARY — Precision Drilling Corp. says it lost $38 million in its latest quarter as drilling ramped up and revenue rose more than 50 per cent compared with a year ago.The Calgary-based company says . . .

CALGARY — Precision Drilling Corp. is anticipating a significant increase in activity this winter, thanks to the most positive backdrop the company has experienced for its business in "more than a decade," according to chief executive Kevin Neveu.

Article content The labour shortage in the oilfield threatens to keep equipment sitting idle as oil and gas companies boost spending on drilling, fracking and oilfield construction to cash in on crude oil prices that have rebounded from all-time lows to benchmarks above US$70 per barrel and natural gas prices over US$3 per thousand cubic feet. We apologize, but this video has failed to load. Try refreshing your browser, or Rigs sit idle and jobs go unfilled in Canadian oilfields as workers wal...

by Tyler Durden Monday, May 17, 2021 - 01:20 PM Today is the deadline for 13F filings and while we already know what most of the marquee hedge funds have done during the quarter thanks to previously leaked investor letters (with the notable exception of the Soros Family Office which we learned over the weekend bought some $375MM of the Archegos shares liquidated by its prime brokers in late March), one filing was of particular interest, that of Scion Asset Managements Michael "Big Short" Burry....

Article content Warm weather has arrived and the busy driving season is set to gear up, but don’t expect to see the same travel surge just yet in Canada that’s occurring south of the border. With the third wave of the pandemic unfolding, the travel situation in Canada is “starkly different” than in the United States, says the head of the country’s largest refiner. More American travellers are filling up their cars at the gasoline pumps and returning to airports to board planes, but t...