Prior to joining RBN Energy, Mike Dunn spent two decades covering North American oil and gas equities and markets, starting in 2004 as an equities analyst at London Life Investment Management, before joining the equity research team at Calgary-based energy investment banking firm FirstEnergy Capital Corp in 2007. For most of Mike’s tenure at FirstEnergy, and its successor firms GMP Securities (2016) and Stifel Canada (2019), he led the firm’s coverage of Canada’s largest oil producers, while from 2022-2024 he also covered Canada’s largest natural gas producers. Mike holds a Bachelor of Engineering degree from McMaster University, an MBA from McGill University, and is a CFA® charterholder.
Posts by Mike Dunn
Turn Me Loose – Will Crude Oil Pipeline Capacity Keep Up With Western Canadian Production Growth?
Several projects in the works would expand crude oil pipeline takeaway capacity out of Western Canada. But, given the pace of production growth there, will enough takeaway space come online in time to prevent pipeline capacity shortages and the price dislocations that come with them?
Canadian Rig Counts: Up 22 This Week (+20 Oil, +2 Gas)
In Western Canada, the gas-directed rig count rose by 2 to 59 rigs, while the oil-directed rig count gained 20 to 136 rigs, for the week ended July 17, according to Baker Hughes data.
Canadian Rig Counts: Down 12 Rigs This Week (11 Oil, 1 Gas)
In Western Canada, the gas-directed rig count fell by one to 57 rigs, while the oil-directed rig count dropped by 11 to 116 rigs, for the week ended July 10, according to Baker Hughes data.
New 500 Mb/d Alberta-to-Ontario Crude Oil Pipeline Proposed
On July 6 the Premiers of Alberta and Ontario’s provincial governments unveiled a potential route for a new 3,300 km (2,050-mile) crude oil pipeline from Hardisty, AB to Sarnia, ON that would pass through Northern Ontario.
Alberta Submits Proposal For New 1 Million+ b/d Oil Pipeline to West Coast
On Thursday July 2 the Government of Canada, along Alberta’s provincial government, announced a proposal for a heavy crude oil pipeline capable of transporting more than 1 MMb/d from Bruderheim, AB (near Edmonton) to a deepwater port at Roberts Bank just south of Vancouver, BC (see map below).