Enerplus Corporation announced a 15 per cent increase in its quarterly cash dividend.
August 6, 2021, 7:01 AM MDT
Kelt Exploration Ltd.'s average production for the three months ended June 30, 2021 was 19,592/d, up four per cent from average production of 18,860 boe during the first quarter of 2021 and up 19 per cent from average production of 16,476 boe during the fourth quarter of 2020.
August 5, 2021, 6:02 AM MDT
NuVista Energy Corp.’s Q3 accomplishments included the continued ramp-up of production in the new Pipestone North compressor station facility, the completion and start-up of six new wells, and the delivery of production and cash flow results which were ahead of expectations.
August 4, 2021, 6:38 AM MDT
At Glacier, the continued outperformance of new wells and available capacity in the Advantage Energy Ltd.-owned and operated Glacier Gas Plant provide flexibility to increase production while natural gas prices remain elevated.
July 30, 2021, 12 AM MDT
With solid results from base production and the 2021 development program to date, Obsidian Energy Ltd. is lifting its capital spending plan.
July 30, 2021, 12 AM MDT
Obsidian Energy Ltd. reported improved financial results in Q2.
July 30, 2021, 12 AM MDT
Oil and gas operators are reporting the highest free cash flows in years midway into 2021, but that money is unlikely to find its way into rapid growth in capital spending, Calfrac Well Services Ltd. president and chief operating officer Lindsay Link told analysts on the company’s second quarter 2021 conference call on Thursday.
July 30, 2021, 7:57 AM MDT
Source Energy Services Ltd. grew market share in the Western Canadian Sedimentary Basin (WCSB), reporting Q2 sand sales volumes of 557,208 metric tonnes (MT) and sand revenue of $58.1 million.
July 30, 2021, 8:13 AM MDT
Calfrac Well Services Ltd. saw a post-pandemic rebound in revenues in the second quarter of 2021 when compared to the previous year, but volatility in U.S fracturing markets resulted in the company failing to meet its performance expectations, said president and chief operating officer Lindsay Link.
July 29, 2021, 8:23 AM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
With Canadian operators seeing vastly increased cash flows due from the commodity price rebound in early 2021 capital investment in new wells is slowly picking up, says Trican Well Service Ltd. president and chief executive Brad Fedora.
July 28, 2021, 1:17 PM MDT
Higher activity levels drove a rebound in revenues and reduced net losses for Trican Well Service Ltd. in the second quarter of 2021, the company reported on Wednesday.
July 28, 2021, 8:06 AM MDT
Source Energy Services Ltd. has entered into a new contract with Pipestone Energy Corp. and has extended and expanded its relationship with a major Montney producer.
July 7, 2021, 3:38 PM MDT
ConocoPhillips said this morning it is improving efficiency and lowering costs in the Montney.
June 30, 2021, 9:08 AM MDT
Altura Energy Inc. closed the fourth and final stage of an earlier-announced disposition with the sale of a 1.375 per cent working interest in the company’s production, wells, lands and facilities for cash of $875,000.
June 25, 2021, 3:36 AM MDT
TransGlobe Energy Corporation’s two-mile horizontal South Harmattan 13-16 oil well, stimulated and equipped in Q1 2021, has achieved a calculated IP30 estimated at 286 boe/d (247 bbl/d light oil, 131 mcf/d gas, 17 bbl/d NGL).
June 23, 2021, 12 AM MDT
Western Canada’s rig activity was fairly static during the seasonal slowdown in May—in percentage terms, the active rate was much higher than last year, when the effects of the COVID-19 slowdown were fully taking hold (see graph).
May 28, 2021, 8:42 AM MDT
The importance of pricing was a sentiment expressed by several oilfield services companies while reporting their first quarter financial and operational results.
May 21, 2021, 6:31 AM MDT
Trican Well Service Ltd. plans to increase its pricing in the second half of 2021, says top brass, as the company simply cannot operate at current pricing levels if it wants to maintain a sustainable business.
May 14, 2021, 8:15 AM MDT
Trican Well Service Ltd. has enjoyed a “really good start” to the second quarter, says Bradley Fedora, president and chief executive officer, as customers take advantage of good commodity prices and stable weather.
May 14, 2021, 9:03 AM MDT
North American pressure pumping pricing is showing early signs of recovery, said STEP Energy Services Ltd.
May 13, 2021, 7:05 AM MDT
Pipestone Energy Corp. kicked off its 2021 capital program with seven wells drilled and rig released and six wells completed during the first quarter of 2021.
May 12, 2021, 7:24 AM MDT
Bonterra Energy Corp. invested $23.5 million in capital expenditures during Q1 2021.
May 12, 2021, 12 AM MDT
Obsidian Energy Ltd. has formally closed its previously announced strategic alternatives process, considering the successful completion of the syndicated credit facility and senior notes maturity extension to November 2022 and its stronger operational and improved financial position.
May 7, 2021, 7:38 AM MDT
TransGlobe Energy Corporation began completions work during Q1 2021 on the previously drilled two-mile horizontal well in South Harmattan.
May 7, 2021, 8:28 AM MDT
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