Greenfire Resources Ltd. president and CEO Robert Logan says Q3 was a “transformative quarter” for the company, which is focused on the sustainable production and development of thermal energy resources in the Athabasca region of Alberta.
November 17, 2023, 7:34 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 17, 2023 as reported this morning by Rig Locator.
November 17, 2023, 11:39 AM MST
The U.S. rig count is up two from last week to 618 with oil rigs up six to 500, gas rigs down four to 114 and miscellaneous rigs unchanged at four.
November 17, 2023, 11:09 AM MST
Strathcona Resources Ltd. is making operational improvements across its Cold Lake and Lloydminster operations to lower costs and add incremental production in near term, executives said at the company’s first conference call since becoming a public company.
November 15, 2023, 8:30 AM MST
Operators across the country licensed 627 new wells in October, down slightly from 656 a year ago.
November 15, 2023, 12 AM MST
Pine Cliff Energy Ltd.’s third quarter drilling activity was limited to participating in one Ellerslie natural gas well (0.15 net) in its Edson area that came onstream at the end of October 2023.
November 15, 2023, 9:02 AM MST
As previously disclosed, Birchcliff Energy Ltd. has amassed a significant Montney land position in the Elmworth area of Alberta, which positions the company to continue to drive long-term shareholder value and provides it with a large potential future development area that can supply clean natural gas for many years to come.
November 14, 2023, 3:13 PM MST
Birchcliff Energy Ltd. is targeting F&D capital expenditures of $240 million to $260 million in 2024.
November 14, 2023, 3:03 PM MST
Cathedral Energy Services Ltd. says it sees a significant opportunity for margin expansion in its U.S. business as it deploys its own MWD technology to reduce its rental expenses.
November 14, 2023, 12 AM MST
Peyto Exploration & Development Corp. is already drilling on the Deep Basin assets acquired from Repsol in a C$638 million deal that closed less than a month ago, said company president and chief executive officer JP Lachance at its third quarter 2023 conference call.
November 10, 2023, 9:40 AM MST
Total production for Kiwetinohk Energy Corp. in the third quarter of 2023 averaged 21,218 boe/d, topping the same time last year by 28.7 per cent.
November 10, 2023, 12 AM MST
Headwater Exploration Inc. lifted its planned 2023 spending plan by $10 million from $225 million to $235 million.
November 10, 2023, 5:03 AM MST
Rubellite Energy Inc. expects to spend approximately $20 - $22 million in the fourth quarter of 2023 to drill, complete, equip and tie-in 11 (11.0 net) multi-lateral development infill and step-out wells at Figure Lake, unchanged from previous guidance.
November 10, 2023, 5:20 AM MST
Despite lower North American industry activity levels, market share gains resulting from equipment upgrades contributed to modestly higher third quarter results for Total Energy Services Inc. in 2023 as compared to 2022.
November 10, 2023, 6:22 AM MST
Drilling resumed for Petrus Resources Ltd. during the third quarter of 2023 up to the middle of October.
November 10, 2023, 12 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 10, 2023 as reported this morning by Rig Locator.
November 10, 2023, 11:35 AM MST
The U.S. rig count is down two from last week to 616 with oil rigs down two to 494, gas rigs unchanged at 118 and miscellaneous rigs unchanged at four.
November 10, 2023, 11:07 AM MST
Journey Energy Inc. says it continues to advance its repeatable plays, and is looking for opportunities to expand the company’s Duvernay footprint.
November 10, 2023, 12 AM MST
InPlay Oil Corp. says recent investments made in increasing natural gas takeaway capacity through two facility upgrades in Willesden Green will be important in alleviating potential production issues from third-party facility outages going forward.
November 10, 2023, 12 AM MST
Gear Energy Ltd. has set a 2024 capital budget of $57 million.
November 10, 2023, 12 AM MST
With lower natural gas prices persisting across North America, Ovintiv Inc. plans on focusing all its drilling efforts in condensate-rich areas of the Montney in 2024, company president and chief executive officer Brendan McCracken told analysts at the company’s third quarter 2023 conference call.
November 9, 2023, 8:06 AM MST
Peyto Exploration & Development Corp.’s preliminary capital budget for 2024 includes a low-risk development program on both the recently acquired Repsol assets and the company’s legacy core properties.
November 9, 2023, 8:13 AM MST
A $36 million hedging gain helped Peyto Exploration & Development Corp. report earnings of $57 million in the third quarter of 2023, despite low benchmark natural gas prices.
November 9, 2023, 8:26 AM MST
Saturn Oil & Gas Inc. is continuing to accelerate development activities in both Alberta and Saskatchewan with expectations that the fourth quarter of 2023 will be the most active development period yet for the company.
November 9, 2023, 12 AM MST
Crew Energy Inc. has increased its capital spending outlook for 2023.
November 9, 2023, 12 AM MST
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