Top 100 Calgary Energy Companies Sorted by Total Employees
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Cenovus Reports Second-Quarter 2020 Results Company Captures Value by Leveraging Flexibility of Its Operations Calgary, Alberta (July 23, 2020) – Cenovus Energy Inc
Cenovus reports second-quarter 2020 results Company captures value by leveraging flexibility of its operations Calgary, Alberta (July 23, 2020) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remained focused on financial resilience in the second quarter of 2020 and used the flexibility of its assets and marketing strategy to adapt quickly to the changing external environment. This positioned the company to weather the sharp decline in benchmark crude oil prices in April by reducing volumes at its oil sands operations and storing the mobilized oil in its reservoirs for production in an improved price environment. While Cenovus’s financial results were impacted by the weak prices early in the quarter, the company captured value by quickly ramping up production when Western Canadian Select (WCS) prices increased almost tenfold from April to an average of C$46.03 per barrel (bbl) in June. As a result of this decision, Cenovus reached record volumes at its Christina Lake oil sands project in June and achieved free funds flow for the month of more than $290 million. “We view the second quarter as a period of transition, with April as the low point of the downturn and the first signs of recovery taking hold in May and June,” said Alex Pourbaix, Cenovus President & Chief Executive Officer. “That said, we expect the commodity price environment to remain volatile for some time. We believe the flexibility of our assets and our low cost structure position us to withstand a continued period of low prices if necessary. And we’re ready to play a significant -
2015 Annual Report Mission
2015 annual report Mission Our mission is to facilitate innovation, collaborative research and technology development, demonstration and deployment for a responsible Canadian hydrocarbon energy industry. 2 Vision Our vision is to help Canada become a global hydrocarbon energy technology leader. PTAC Technology Areas Manage Environmental Impacts • Air Quality • Alternative Energy Improve Oil and Gas Recovery • Ecological • CO2 Enhanced Hydrocarbon Recovery • Emission Reduction / Eco-Efficiency • Coalbed Methane, Shale Gas, Tight Gas, Gas Hydrates, • Energy Efficiency and other Unconventional Gas • Resource Access • Conventional Heavy Oil, Cold Heavy Oil Production with • Soil and Groundwater Sands • Water • Conventional Oil and Gas Recovery • Wellsite Abandonment • Development of Arctic Resources • Development of Remote Resources Additional PTAC Technical Areas • Enhanced Heavy Oil Recovery • e-Business • Enhanced Oil and Gas Recovery • Genomics • Enhanced Oil Sands Recovery • Geomatics • Emerging Technologies to Recover Oil Sands from Deposits • Geosciences with Existing Zero Recovery • Health and Safety • Tight Oil, Shale Oil, and other Unconventional Oil • Instrumentation/Measurement • Nano Technology Reduce Capital, Operating, and G&A Costs • Operations • Automation • Photonics • Capital Cost Optimization • Production Engineering • Cost Reduction Using Emerging Drilling and Completion • Remote Sensing Technologies • Reservoir Engineering • Cost Reduction Using Surface Facilities • Security • Eco-Efficiency and Energy Efficiencyechnologies -
2021 Annual General Meeting and Proxy Statement 2020 Annual Report
2020 Annual Report and Proxyand Statement 2021 Annual General Meeting Meeting General Annual 2021 Transocean Ltd. • 2021 ANNUAL GENERAL MEETING AND PROXY STATEMENT • 2020 ANNUAL REPORT CONTENTS LETTER TO SHAREHOLDERS NOTICE OF 2021 ANNUAL GENERAL MEETING AND PROXY STATEMENT COMPENSATION REPORT 2020 ANNUAL REPORT TO SHAREHOLDERS ABOUT TRANSOCEAN LTD. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and operates one of the most versatile offshore drilling fleets in the world. Transocean owns or has partial ownership interests in, and operates a fleet of 37 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships. Our shares are traded on the New York Stock Exchange under the symbol RIG. OUR GLOBAL MARKET PRESENCE Ultra-Deepwater 27 Harsh Environment 10 The symbols in the map above represent the company’s global market presence as of the February 12, 2021 Fleet Status Report. ABOUT THE COVER The front cover features two of our crewmembers onboard the Deepwater Conqueror in the Gulf of Mexico and was taken prior to the COVID-19 pandemic. During the pandemic, our priorities remain keeping our employees, customers, contractors and their families healthy and safe, and delivering incident-free operations to our customers worldwide. FORWARD-LOOKING STATEMENTS Any statements included in this Proxy Statement and 2020 Annual Report that are not historical facts, including, without limitation, statements regarding future market trends and results of operations are forward-looking statements within the meaning of applicable securities law. -
OBSIDIAN ENERGY LTD. Mailing Address Business Address 207 - 9TH AVENUE S.W
SECURITIES AND EXCHANGE COMMISSION FORM 40-F Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4 Filing Date: 2019-03-07 | Period of Report: 2018-12-31 SEC Accession No. 0001193125-19-067079 (HTML Version on secdatabase.com) FILER OBSIDIAN ENERGY LTD. Mailing Address Business Address 207 - 9TH AVENUE S.W. 207 - 9TH AVENUE S.W. CIK:1334388| IRS No.: 000000000 | State of Incorp.:A0 | Fiscal Year End: 1231 SUITE 200 SUITE 200 Type: 40-F | Act: 34 | File No.: 001-32895 | Film No.: 19665634 CALGARY A0 T2P 1K3 CALGARY A0 T2P 1K3 SIC: 1311 Crude petroleum & natural gas (403) 777-2500 Copyright © 2019 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 40-F (Check One) ☐ Registration statement pursuant to Section 12 of the Securities Exchange Act of 1934 or ☒ Annual report pursuant to section 13(a) or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2018 Commission file number 1-32895 OBSIDIAN ENERGY LTD. (Exact name of registrant as specified in its charter) Alberta, Canada 1311 Not applicable (Province or other jurisdiction (Primary Standard Industrial (I.R.S. Employer of incorporation or organization) Classification Code Number (if applicable)) Identification Number (if Applicable)) Suite 200, 207 9th Avenue SW, Calgary, Alberta, Canada T2P 1K3 (403) 777-2500 (Address and Telephone Number of Registrants Principal Executive Offices) DL Services Inc., Columbia Center, 701 Fifth Avenue, Suite 6100, Seattle, Washington 98104-7043 (206) 903-5448 (Name, Address (Including Zip Code) and Telephone Number (Including Area Code) of Agent For Service in the United States) Securities registered or to be registered pursuant to Section 12(b) of the Act. -
Cenovus Energy Inc. (CVE) – Quality and Growth for the Patient Investor
Portfolio Advisory Group Cenovus Energy Inc. (CVE) – Quality and Growth For The Patient Investor Cenovus was created through the split of Calgary-based Primer on the Oil Sands and energy company EnCana into two separate organizations in late 2009. As a result of this split, many Canadian Steam-Assisted-Gravity-Drainage investors found themselves holding two very different (SAGD) investments: a pure-play natural gas company (EnCana) Including the oil sands, Canada’s oil reserves are the and an integrated oil & gas company (Cenovus). This second largest in the world. Oil sands are composed document aims to provide some insight into the nature primarily of sand, clay, bitumen and water. Bitumen and long-term potential of Cenovus. is the product of oil sands production – a thick oil Cenovus owns oil sands projects that have a tremendous embedded in sand. growth profile over the next decade and are widely Recovery of bitumen is typically achieved by one of viewed as some of the highest-quality assets in the two methods: mining in open pits or drilling. Bitumen industry. However, since inception, the shares of extraction using drilling is referred to as in situ recovery, Cenovus have largely traded within a range. One reason and is generally used for reservoirs that are too deep for is that the company has made a trade-off between near- surface mining techniques to work economically. It is term and future production by drawing cash flows from estimated that approximately 80% of the total bitumen its natural gas business to fund growth in its oil sands recoverable in Alberta can only be produced with in business. -
Q3 2020 Husky-MDA
MANAGEMENT’S DISCUSSION AND ANALYSIS October 29, 2020 Table of Contents 1.0 Summary of Quarterly Results 2.0 Business Overview 3.0 Business Environment 4.0 Results of Operations 5.0 Risk Management and Financial Risks 6.0 Liquidity and Capital Resources 7.0 Critical Accounting Estimates and Key Judgments 8.0 Recent Accounting Standards and Changes in Accounting Policies 9.0 Outstanding Share Data 10.0 Reader Advisories 1.0 Summary of Quarterly Results Three months ended Quarterly Summary Sep. 30 Jun. 30 Mar. 31 Dec. 31 Sept. 30 Jun. 30 Mar. 31 Dec. 31 ($ millions, except where indicated) 2020 2020 2020 2019 2019 2019 2019 2018(1) Production (mboe/day) 258.4 246.5 298.9 311.3 294.8 268.4 285.2 304.3 Throughput (mbbls/day) 300.1 281.3 307.8 203.4 356.4 340.3 333.6 286.9 Gross revenues and Marketing and other(1) 3,379 2,408 4,113 4,921 5,373 5,321 4,610 5,042 Net earnings (loss) (7,081) (304) (1,705) (2,341) 273 370 328 216 Per share – Basic (7.05) (0.31) (1.71) (2.34) 0.26 0.36 0.32 0.21 Per share – Diluted (7.06) (0.31) (1.71) (2.34) 0.25 0.36 0.31 0.16 Cash flow – operating activities 79 (10) 355 866 800 760 545 1,313 Funds from operations(2) 148 18 25 469 1,021 802 959 583 Per share – Basic 0.15 0.02 0.02 0.47 1.02 0.80 0.95 0.58 Per share – Diluted 0.15 0.02 0.02 0.47 1.02 0.80 0.95 0.58 (1) Gross revenues and Marketing and other results reported for 2019 have been recast to reflect a change in reclassification of intersegment sales eliminations and a change in presentation of the Integrated Corridor and Offshore business units. -
Obsidian Energy Corporate Presentation
Obsidian Energy Corporate Presentation January 2020 Important Notice to the Readers This presentation should be read in conjunction with the Company’s unaudited consolidated financial statements, Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2019. All dollar amounts contained in this presentation are expressed in millions of Canadian dollars unless otherwise indicated. Certain financial measures included in this presentation do not have a standardized meaning prescribed by International Financial Reporting Standards (“IFRS”) and therefore are considered non- generally accepted accounting practice (“Non-GAAP") measures; accordingly, they may not be comparable to similar measures provided by other issuers. This presentation also contains oil and gas disclosures, various industry terms, and forward-looking statements, including various assumptions on which such forward-looking statements are based and related risk factors. Please see the Company's disclosures located in the Appendix & Endnotes at the end of this presentation for further details regarding these matters. All slides in this presentation should be read in conjunction with “Definitions and Industry Terms”, “Non-GAAP Measure Advisory”, “Oil and Gas Information Advisory”, “Reserves Disclosure and Definitions Advisory” and “Forward-Looking Information Advisory”. All locations are considered to be Unbooked locations unless otherwise noted. 2 Corporate Overview Market Summary Ticker Symbol OBE Peace River 4,519 boe/d Q3 2019 Shares Outstanding MM 73 Cold flow heavy oil Manage base production Market Capitalization MM $80 Net Debt MM $497 Enterprise Value MM $577 Deep Basin 1,154 boe/d Q3 2019 Corporate Summary Liquids rich deeper development underlying Cardium Reserves (2P YE 2018) mmboe 125 RLI (2P YE 2018) years 13 PDP Decline (YE 2018) % 16 Tax Pools (YE 2018) MM $2,533 2019 Guidance Production boe/d 26,750 – 27,250 Capital Expenditures Cardium MM $120 incl. -
US Foreign-Trade Zones: Trade Agreement Parity
Order Code RL34688 U.S. Foreign-Trade Zones: Trade Agreement Parity (TAP) Proposal September 29, 2008 Mary Jane Bolle Specialist in International Trade and Finance Foreign Affairs, Defense, and Trade Division U.S. Foreign-Trade Zones: Trade Agreement Parity (TAP)Proposal Summary The National Association of Foreign Trade Zones (NAFTZ) has developed the Trade Agreement Parity (TAP) proposal, introduced as H.R. 6415 (Pascrell) to address what NAFTZ claims as the “unintended consequences” of free trade agreements. These are that free trade agreements (FTAs), in granting tariff advantages to businesses that import components or products from FTA countries, put companies that import components from third countries (not a party to an FTA) at a tariff disadvantage. Critics, however, say the effects the bill generally seeks to address are the exact intended consequences of FTAs: the United States extends preferential tariff treatment to components from an FTA partner country in exchange for that country’s lowering of its tariff rates on U.S. products. The TAP proposal would permit certain businesses to permanently “borrow”U.S. free trade agreements (FTAs) in order to import components at rates below those they would normally be charged under U.S. tariff law. There would be two stipulations: (1) the products using third-country components would have to be produced in a U.S. foreign-trade zone; and (2) the product would have to meet the rules-of-origin (domestic content) requirements of any FTA – which could be satisfied by using entirely third country parts and U.S. labor, without input from any other FTA partner country. -
Nabors Industries Ltd
ISS PROXY ADVISORY SERVICES ISS QuickScore Meeting Type: Annual Meeting Date: 2 June 2015 GOVERNANCE Nabors Industries Ltd. Record Date: 6 April 2015 Meeting ID: 970579 Key Takeaways New York Stock Exchange: NBR At last year's annual meeting, three directors received WITHHOLD votes from 10 Index: S&P 500 more than 50 percent of votes cast. The board has not sufficiently addressed Sector: Oil & Gas Drilling the issues that led to this outcome. GICS: 10101010 Scores indicate decile Cautionary support for the say-on-pay proposal is advised this year. The rank relative to index Primary Contacts company responded to shareholder feedback following its fourth failed vote or region. A decile Marc Goldstein, JD score of 1 indicates Enver Fitch – ESG Research in 2014, by increasing transparency around short- and long-term incentive lower governance risk, [email protected] while a 10 indicates program goals. Also, the CEO's pay package was at its lowest level since he higher governance risk. assumed that post, consistent with the company's negative TSR for the year. However, questions remain with respect to both transparency and goal rigor under the equity incentive program, which may concern some shareholders and indicate a need for continued close monitoring of the program and related board decisions. In light of the company's weak stock ownership guidelines and history of problematic compensation issues, support is warranted for non-binding shareholder proposals seeking a rigorous stock retention requirement and shareholder approval of specific performance metrics. Support for the shareholder proposal seeking corporate sustainability reporting is warranted, as the information provided in a comprehensive sustainability report would aid shareholders in assessing the company's sustainability performance and its management of related risks and opportunities. -
Recent Crude Oil Price Dynamics, PETRONAS and Malaysia
Recent crude oil price dynamics, PETRONAS and Malaysia Lim Kim-Hwa [email protected] Tim Niklas Schoepp [email protected] 23 January 2015 Executive Summary Since PETRONAS contributed RM73.4 billion (30% of the Malaysian government’s expenditure) in 2013, the recent crude oil price fall has profound implications. The commodity effect will mean lower revenue and profits. However, this effect is cushioned by the depreciating USDMYR. This report aims to evaluate the likely price range of crude oil in 2015 and shows the possible impact on PETRONAS under different circumstances. With contained geo-political risks, global crude oil oversupply, slower global economic growth and cost factors that favour continuous production rather than cuts, crude oil is likely to trade between USD40 – 70 per barrel. Using the Annual Reports of PETRONAS, we estimated that: • If USDMYR depreciates slightly to 3.75 and crude oil trades at USD55 per barrel in 2015, PETRONAS’ profitability (as measured EBITDA) might fall to RM72 billion; and dividends might fall to RM19 billion (vs. RM123 billion and RM27 billion respectively in 2013); • In a rosy case (where crude oil trades at USD70 per barrel and USDMYR trades at 4), PETRONAS’ EBITDA would fall to RM98 billion but RM26 billion dividends payment might be possible; • In a bad case (where crude oil trades at USD40 per barrel and USDMYR trades at 3.5), PETRONAS’ EBITDA would fall to RM49 billion and dividends might fall by half to RM13 billion. • Some PETRONAS assets might be impaired, in particular those that were purchased when crude oil price was trading at over USD100 per barrel. -
Technical Programme
DAY ONE TUESDAY 23 NOVEMBER 2021 TECHNICAL PROGRAMME 08:30 - 09:30 Conference, Exhibition and Registration Open 09:30 - 10:00 Keynote Address: Phil Kirk | Harbour Energy AUDITORIUM 10:00 - 10:30 Keynote Address: TotalEnergies Exploration for the Future | Emmanuelle Garinet, TotalEnergies 10:30 - 11:15 | Refreshment Break & Exploring the Exhibition Exploration: UK Multi-azimuth seismic Machine Learning / Digital A Pressure Cell Summary of the Highly Multi-azimuth Acquisition and High- Mining Data at Scale Using Deep Prospective Central North Sea HPHT resolution Model Building and Imaging Learning 11:15 - 11:45 Domain from Shallow to Deep Reservoir - A Case Chin Hang Lun, CGG Eva Zimmer, Oil & Gas Authority Study from Offshore Morocco Andrew Furber, WesternGeco Revealing the Zechstein Potential of the Improved Imaging Of The Marte Leveraging Supervised Machine Mid North Sea High, UK Reservoir With A Multi Azimuth Q-FWI Learning for Rapid Lithology Prediction 11:45 - 12:15 Neil Hurst, ION Model Rebecca Head, Halliburton John Northall, BP HALL 1 HALL 2 HALL 3 Characterising Basement and Calibrating A Novel and Efficient Multi-azimuth Petrographic Thin Section Analysis with Thermal History to Further the Towed-streamer Solution to Address Machine Learning Understanding of Petroleum Systems in Complex Illumination Challenges, Edward Jarvis, CGG 12:15 - 12:45 the Faroe-Shetland Basin Established in the Viking Graben, North Julian Moore, Applied Petroleum Sea Technology Julien Oukili, PGS 12:45 - 13:45 | Lunch & Exploring the Exhibition Exploration: -
Background and Rationale Document Proposed Petroleum Refining Industry Standard
BACKGROUND AND RATIONALE DOCUMENT PROPOSED PETROLEUM REFINING INDUSTRY STANDARD (for selected contaminants) UNDER ONTARIO’S LOCAL AIR QUALITY REGULATION February 2016 Ontario Ministry of the Environment and Climate Change Environmental Sciences and Standards Division Standards Development Branch The information contained in this document is confidential and proprietary to the Government of Ontario. Unauthorized distribution or use of this document or the information contained herein is strictly prohibited. Copyright & Disclaimer The Government of Ontario reserves the right to make changes in the information contained in this publication without prior notice. 2016 Government of Ontario. All rights reserved. Other product or brand names are trademarks or registered trademarks of their respective holders. This document contains proprietary and confidential information about Government of Ontario, disclosure or reproduction is prohibited without the prior express written permission from Government of Ontario. Cette publication hautement spécialisée Background and Rationale Document Proposed Petroleum Refining Industry Standard February 2016 n'est disponible qu'en anglais conformément au Règlement 671/92, selon lequel il n’est pas obligatoire de la traduire en vertu de la Loi sur les services en français. Pour obtenir des renseignements en français, veuillez communiquer avec le ministère de l'Environnement et de l’Action en matière de changement climatique au 327-5519 ou par courriel à [email protected]. Translation: This highly specialized publication Background and Rationale Document Proposed Petroleum Refining Industry Standard under Ontario's Local Air Quality Regulation February 2016 is available in English only in accordance with Regulation 671/92, which exempts it from translation under the French Language Services Act.