Exclusives

royalty interests, Cenovus, Encana, Ontario Teacher's Fund, megadeal

Teachers’ Pension Risks $2.65 Billion On Cenovus Oil, Gas Interests

The Ontario Teachers’ Pension Plan buys oil and gas royalty company Heritage Royalty for C$3.3 billion to acquire one of the largest royalty, mineral interests in Canada despite down commodity prices. 

DUG East, conference, Marcellus, Utica, shale, Tom Petrie, Petrie Partners

The Energy Business Is ‘Living Dangerously’ In A Changing World

Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.

DUG East enhanced completions Marcellus shale Utica

Enhanced Completions Gain Attention Amid Push For Greater Efficiency

Companies are focusing on enhanced completions among other techniques and technology to boost production in the Marcellus and Utica shale plays, but cluster efficiency remains an area of concern.

Nigeria’s APC: Government Must Scrap Oil-Industry Bill

The bill has been delayed in parliament for six years due to political wrangling and opposition by international energy companies against proposed tax and royalty terms, deterring investment into Africa’s top oil producer.

Subsea Under Pressure

Against a backdrop of leaden skies and news that Statoil was cutting another 2,000 jobs, the subsea industry really did feel ‘under pressure,’ the theme of this year’s Underwater Technology Conference.