The large $77-million parcel sold at a recent B.C. land sale appears to be in an area favourable for oil, and there may be the potential for production from other zones besides the Montney.
August 4, 2017, 12 AM MDT
The Alberta government added $11.78 million to its land sale total on Wednesday afternoon.
August 3, 2017, 12 AM MDT
Delphi Energy Corp. produced 6,484 boe per day in the second quarter of 2017, a 12 per cent increase from 5,802 boe a day in the comparative quarter of 2016.
August 3, 2017, 8:52 AM MDT
A large $77 million parcel highlighted B.C.’s July sale of petroleum and natural gas (P&NG) rights as the land sale revenue this year continues its strong recovery after an anemic 2015 and 2016.
July 28, 2017, 12 AM MDT
The Alberta government generated $27.64 million at its Wednesday land sale, which pushed the province past the $200-million mark year-to-date.
July 20, 2017, 6 AM MDT
During the recent B.C. election campaign, the B.C. Liberals pledged to “unlock the oil resources contained in the Montney” through a new oil, deep-well royalty credit.
July 20, 2017, 10:32 AM MDT
Michelle Mungall is the new B.C. minister of energy, mines and petroleum resources.
July 19, 2017, 3:40 AM MDT
The Alberta government attracted $9.52 million in bonus bids at its Wednesday sale as it kicked off its second half 2017 land sale schedule.
July 6, 2017, 6 AM MDT
Driven by strong interest in an area prospective for heavy oil northeast of Lloydminster, June’s public offering of Crown petroleum and natural gas rights raised $22.84 million for the Saskatchewan government — the largest revenue for a single public offering in almost three years.
June 8, 2017, 9:51 AM MDT
The two parties set to take power in British Columbia vowed on Tuesday to block Kinder Morgan Inc.'s plans to expand an oil pipeline, setting up a fight with Alberta and the federal government.
May 31, 2017, 4:58 AM MDT
The Alberta government attracted $22.47 million in bonus bids on Wednesday—the second-highest haul of the year.
May 25, 2017, 6 AM MDT
The B.C. May land sale attracted $3.41 million in bonus bids, with two of the eight parcels sold generating $3.19 million for government coffers.
May 19, 2017, 6 AM MDT
The president and CEO of Peyto Exploration & Development Corp. sees challenges with the prospects of B.C. LNG exports, and cited a particular problem of getting pipelines constructed across the province.
May 12, 2017, 3:08 AM MDT
The Alberta government attracted $18.76 million in bonus bids at its Wednesday sale, as it continues to add to its yearly total, which is already just under $10 million off the entire haul collected for 2016.
May 11, 2017, 4:28 AM MDT
Peyto Exploration & Development Corp. added 55 sections (35,072 net acres) of new land in Q1 2017, both at Crown land sales and through private purchases, the vast majority of it in the Brazeau area.
May 10, 2017, 6 AM MDT
Tourmaline Oil Corp. reported a significant new oil opportunity in the Lower Charlie Lake formation in the Peace River High complex, with strong production performance from the initial 13 wells and a large future drilling inventory addition.
May 5, 2017, 6 AM MDT
Baytex Energy Corp. is now forecasting full-year 2017 exploration and development capital expenditures of $325 to $350 million (previously $300 to $350 million).
May 5, 2017, 6 AM MDT
At Tupper Montney, Murphy Oil Corporation averaged 207 mmcf per day of natural gas production in the quarter.
May 4, 2017, 9:44 AM MDT
Apache Corporation reported Canadian output of 52,412 boe per day during the first quarter, down from 65,372 boe per day during the same period of 2016.
May 4, 2017, 6:38 AM MDT
Pengrowth Energy Corporation reported first quarter funds flow from operations of $26.9 million compared to funds flow of $106.2 million for the same period in 2016.
May 3, 2017, 6 AM MDT
Pembina Pipeline Corporation and Veresen Inc. are touting the diversity of the combined, larger company, which will enable it to offer its customers a more complete solution — both for liquids and natural gas.
May 1, 2017, 8:44 AM MDT
The larger company that will be created by the combination of Pembina Pipeline Corporation and Veresen Inc. will provide the weight necessary to help push the proposed Jordan Cove LNG project forward, Veresen’s chief executive said this morning.
May 1, 2017, 8:28 AM MDT
Alberta’s Wednesday land sale produced $26.57 million in bonus bids, pushing the province’s year-to-date haul to $120.43 million.
April 27, 2017, 6 AM MDT
Saskatchewan’s first public offering of Crown petroleum and natural gas rights (P&NG) for the 2017/2018 fiscal year raised $1.37 million.
April 13, 2017, 10:07 AM MDT
Non-OPEC oil supplies dropped by 390,000 bbls per day in March on lower shipments from the North Sea, further output cuts in Russia and as an unscheduled outage curbed production in Canada.
April 13, 2017, 3:15 AM MDT
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