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Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector | Energeticcity.ca

Dec 20, 2020 8:00 AM
CALGARY The sombre mood that has gripped the Calgary-based oilpatch for several years is starting to show flickers of hope, with more financially secure companies making moves to grow in 2021.
Recent export pipeline news is offsetting the ongoing reality of volatile commodity prices, general investor distaste for the sector and regulatory uncertainty and leading to more mergers and targeted increases in capital spending plans, observers say.
“The oilpatch has changed again. I think it’s changed forever in a few fashions,” said veteran oilman Neil Roszell, CEO of newly created Headwater Exploration Inc., in an interview.
“Definitely different dynamics. I don’t think we’re ever going to see one hundred small companies active again in Western Canada.” ....

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Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector - Medicine Hat NewsMedicine Hat News

Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector - Medicine Hat NewsMedicine Hat News
medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.

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Pipeline news brightens Canada's gloomy oilpatch

Winnipeg Free Press
By: Dan Healing, The Canadian Press
Posted:
CALGARY - The sombre mood that has gripped the Calgary-based oilpatch for several years is starting to show flickers of hope, with more financially secure companies making moves to grow in 2021.
Neil Roszell, CEO of Headwater Exploration, at the company s office in Calgary, Alta., Wednesday, Dec. 9, 2020.THE CANADIAN PRESS/Jeff McIntosh
CALGARY - The sombre mood that has gripped the Calgary-based oilpatch for several years is starting to show flickers of hope, with more financially secure companies making moves to grow in 2021.
Recent export pipeline news is offsetting the ongoing reality of volatile commodity prices, general investor distaste for the sector and regulatory uncertainty and leading to more mergers and targeted increases in capital spending plans, observers say. ....

United States , Jeff Mcintosh , Patrick Orourke , Jeff Mcintosh Neil Roszell , Neil Roszell , Joe Biden , Oil Gas Ltd , Goldman Sachs , Suncor Energy Inc , Enbridge Inc , Canadian Natural Resources Ltd , Headwater Exploration Inc , Resources Ltd , Toronto Stock Exchange , Corridor Resources Inc , Cenovus Energy Inc , Whitecap Resources Ltd , Headwater Exploration , Western Canada , Raging River Exploration , Wild Stream Exploration , Wild River , Cenovus Energy , Suncor Energy , Trans Mountain , West Coast ,

Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector - Business News

Observers see rays of hope for 2021 in Canada's gloomy oil and gas sector - Business News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.

United States , Patrick Orourke , Neil Roszell , Joe Biden , Oil Gas Ltd , Goldman Sachs , Suncor Energy Inc , Enbridge Inc , Canadian Natural Resources Ltd , Headwater Exploration Inc , Resources Ltd , Toronto Stock Exchange , Corridor Resources Inc , Cenovus Energy Inc , Whitecap Resources Ltd , Headwater Exploration , Western Canada , Raging River Exploration , Wild Stream Exploration , Wild River , Cenovus Energy , Suncor Energy , Trans Mountain , West Coast , Canadian Natural Resources , Grant Fagerheim ,

S&P/TSX composite rise on energy gains amid higher crude oil prices

S&P/TSX composite rise on energy gains amid higher crude oil prices
newsoptimist.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsoptimist.ca Daily Mail and Mail on Sunday newspapers.

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