Hydraulic Fracturing

• Labour shortages slowing pace of fleet activations for Calfrac Well Services

  Calfrac president Lindsay Link said the company is also expecting an increased demand for its services in 2022, driving improvements in operating and financial performance.

  Canada

  Nov 2
  
• Germany’s Deutsche Bank won’t back new oilsands or coal projects

  The German bank says its new fossil fuels policy will also prohibit investing in projects that use hydraulic fracturing or fracking in countries with scarce water supplies and all new oil and gas projects in the Arctic region.

  World

  Jul 27, 2020
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• Calfrac Well Services shares rise 75%; oilfield company says it hired advisers

  Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change'' that would account for a 75.6 per cent increase in its share price on Tuesday.

  Money

  Jun 9, 2020
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• Supreme Court dismisses appeal in Alberta company’s oilpatch technology fight

  A long-running court battle over who owns a well-completion technology that helped usher in the shale oil and gas boom in North America has ended.

  Money

  Dec 19, 2019
• Company halts fracking plans in Sussex area over ‘regulatory uncertainty’

  Corridor Resources was searching for investors to back its multimillion-dollar plan but says "regulatory uncertainty" has now limited its search.

  Environment

  Aug 13, 2019
• Pair of Calgary-based fracking firms report double-digit Q2 revenue declines

  Two of Canada's biggest oil and gas well-fracking companies are posting double-digit percentage revenue declines as energy exploration spending slowed in the quarter ended June 30.

  Money

  Aug 1, 2019
• Alberta Energy Regulator restricts fracking near Brazeau dam following earthquake

  The Alberta Energy Regulator is moving to restrict oilfield fracking activity near the Brazeau Reservoir in east central Alberta as a precaution following a 4.3 magnitude earthquake south of the area in March.

  Environment

  May 27, 2019
• AER orders Vesta Energy to stop fracking ops immediately after Sylvan Lake earthquake

  The Alberta Energy Regulator received a report from Vesta on March 4 at 6:20 a.m. that seismic activity with a magnitude of 4.32 was detected due to fracturing at the site.

  Environment

  Mar 5, 2019
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• Regulators halt fracking in northeastern B.C. for earthquake investigation

  Quakes measuring between 3.4 and 4.5 magnitude took place near hydraulic fracturing operations on Nov. 29.

  Dec 7, 2018
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• Fort St. John quake was ‘very likely’ caused by fracking: officials

  "They have confirmed that there were active injection activities at the reported epicenter," said a government scientist.

  Environment

  Nov 30, 2018