WorldOil Petrolia Energy acquires interest in oil and gas properties in Southwest Canada Petrolia Energy Corporation is pleased to announce that it has acquired a 25% working interest in the Luseland, Hearts Hill, and Cuthbert fields, located in Southwest Saskatchewan and Eastern Alberta, Canada. Canadian Shales: More wells in ‘18, but full recovery remains elusive The winter drilling season in the diverse shale plays scattered throughout the western Canada sedimentary basin (WCSB), is shaping up to be the busiest in three years. Canadian oil collapses amid pipeline and rail bottleneck Heavy Canadian crude fell to the lowest in almost four years against benchmark prices Tuesday as bottlenecks on pipelines and rail networks crimped exports. Chevron not giving up on Canada, plans shale push Chevron Corp. is planning a significant drilling program in the Duvernay shale formation, marking a vote of confidence in Canada’s energy industry in a year when it joined other majors in selling assets there. Oil sands seen helping shale counter OPEC efforts to rebalance market OPEC producers are finding that shale oil drillers aren’t their only adversaries in their battle to drain a three-year crude glut. Increasing the odds of successful refracturing Combining an in-depth field analysis with mechanical isolation and a targeted stimulation treatment will greatly enhance the success of a refracturing program. Multiple completion technologies yield the best of all worlds Multiple completion technologies can be combined in one well for a hybrid solution to improve stimulation in extended reach laterals. Canadian recovery made difficult, as oil patch strains for hands After years of being a magnet for job seekers, Canada’s oil patch is turning into a bit of a no-go place -- and that’s making a recovery harder. PSAC raises Canadian drilling forecast by more than 2,500 wells for 2017 The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wells. Encana reports plans to maximize value of condensate-rich Montney asset Encana continues to successfully advance its five-year plan, which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-GAAP cash flow and margin growth