TransGlobe Energy Corporation says it has finalized its Cardium drilling program, and is set to kick it off later this month or in early September.
August 14, 2018, 9:17 AM MDT
Strad Energy Services Ltd. increased U.S. revenue by 71 per cent to $10.8 million compared with $6.3 million in Q2 2017, although total revenue decreased two per cent to $28 million.
August 13, 2018, 9:09 AM MDT
Total Energy Services Inc.’s board approved an increase to the company’s 2018 capital expenditure budget to $54 million, which will be directed at the U.S. — the lion’s share of a previous increase was also directed at areas outside of Canada, also mainly south of the border.
August 10, 2018, 11:39 AM MDT
Enerplus Corporation has boosted its 2018 capital guidance to $585 million, which was the top range of the previous guidance of $535-$585 million, largely related to increased non-operated activity.
August 10, 2018, 11:09 AM MDT
Tamarack Valley Energy Ltd.’s strong operational execution provides flexibility to allocate capital to projects such as the Veteran waterflood in the latter half of 2018 that will benefit Tamarack into 2019 and 2020 through lower production decline rates without impacting the current year's volumes.
August 10, 2018, 5:48 AM MDT
InPlay Oil Corp.’s capital program of $12.3 million in the second quarter of 2018 was comprised of several exploration, development and land acquisition activities.
August 10, 2018, 6:08 AM MDT
Murphy Oil Corporation has raised its 2018 capital expenditure budget by six per cent to US$1.18 billion, with US$50 million of the increased spend being allocated to its Kaybob Duvernay program.
August 9, 2018, 11:14 AM MDT
Gibson Energy Inc. has secured an additional $200 million to $250 million of growth capital opportunities, consisting of the sanction of one million bbls of new tankage at the Hardisty Terminal, the expansion of the Moose Jaw Facility and the acceleration of the U.S. strategy through the extension of the Pyote gathering system.
August 9, 2018, 2:43 AM MDT
TORC Oil & Gas Ltd. completed the acquisition of Villanova 4 Oil Corp., a private oil company with complementary high quality, light oil assets in southeast Saskatchewan.
August 9, 2018, 2:44 AM MDT
Yangarra Resources Ltd. announced an increase in the capital budget from $90 million to $120 million for 2018.
August 9, 2018, 6:20 AM MDT
Perpetual Energy Inc. has increased its 2018 capital expenditure guidance from a range of $21 to $25 million to $25 to $30 million ($8 to $13 million for the remainder of 2018) and increased its planned Mannville heavy oil drilling in the second half of 2018 to five to nine wells (4.3 - 8.3 net) from two wells (1.3 net) previously.
August 3, 2018, 7:15 AM MDT
Bellatrix Exploration Ltd.’s Spirit River wells continue to outperform budget expectations, resulting in lower sustaining capital requirements for the remainder of 2018.
August 3, 2018, 8:45 AM MDT
Athabasca Oil Corporation increased its 2018 capital budget by $45 million to reflect continued activity in the Montney at Placid through the second half of 2018.
August 2, 2018, 7:03 AM MDT
Vermilion Energy Inc.’s second quarter Canadian output increased 37 per cent to 43,817 boe/d from the previous quarter as additional volumes associated with the company’s $1.4 billion acquisition of Spartan Energy Corp. earlier this year padded results.
July 30, 2018, 10:11 AM MDT
Cequence Energy Ltd. outlined a series of transactions that will refinance the company's balance sheet, and provide greater flexibility and liquidity to execute the ongoing business plan of the company.
July 30, 2018, 7:57 AM MDT
Field and plant condensate represented approximately 72 per cent of field estimated liquids production on a boe basis in the second quarter of 2018, says Delphi Energy Corp.
July 18, 2018, 8:34 AM MDT
July 12, 2018, 10:46 AM MDT
Canadian E&P companies will pull in roughly 20 per cent more cash flow this year than in 2017 if current oil prices hold till year’s end, a conference heard on Tuesday.
July 11, 2018, 12 AM MDT
PHX Energy Services Corp. says its board of directors has approved a $15 million increase in its 2018 capital expenditure program for anticipated spending of $33.5 million.
July 5, 2018, 3:16 AM MDT
Worldwide oil and gas projects worth US$110 billion “are coming off the backburner” with the exception of most oilsands projects, says an Oslo-based energy consulting and analysis firm.
June 28, 2018, 6 AM MDT
As the new president of Schlumberger Canada Limited, Celine Gerson acknowledges that she has her work cut out for her as she fights for investment dollars for her company, the subsidiary of a large global corporation.
June 14, 2018, 6:06 AM MDT
Canada’s oil output will grow by about 1.41 million bbls/d over the next 18 years — less than if the country had more regulatory certainty, says the industry’s top trade group.
June 13, 2018, 6 AM MDT
June 4, 2018, 8:32 AM MDT
May 31, 2018, 6 AM MDT
May 29, 2018, 8:51 AM MDT