Hemisphere Energy Corporation has continued to see operational and waterflood success through the first two quarters of 2018 with stable field production rates for the month of June to date estimated at 1,090 boe/d, 97 per cent oil.
June 20, 2018, 8:01 AM MDT
Journey Energy Inc. is still mulling over how best to approach its emerging Duvernay play at Gilby in central Alberta, shareholders heard on Wednesday.
May 25, 2018, 6 AM MDT
A one per cent increase in light oil recovery from its Midale area would replace Cardinal Energy Ltd.’s production for the year, shareholders heard on Thursday.
May 18, 2018, 6 AM MDT
Perpetual Energy Inc. expects to spend roughly one-third as much capital this year as in 2017, and is ruling out a production increase following shut-ins, shareholders heard on Wednesday.
May 17, 2018, 8:46 AM MDT
Pulse Oil Corp. says that it has awarded Schlumberger the contracts to complete all three phases of Pulse’s petrotechnical modelling of the Nisku D and E Pools at Bigoray, Alta., prior to physical implementation of EOR (enhanced oil recovery) schemes.
May 7, 2018, 9:01 AM MDT
As the NWR Sturgeon refinery near Edmonton nears completion, a pipeline to transport carbon dioxide captured from the plant is scheduled to eventually be built.
May 4, 2018, 11:29 AM MDT
Devon Canada Corporation has applied to the Alberta Energy Regulator (AER) to conduct a single-well test of a technology it calls “a major opportunity” to improve recovery of conventional heavy oil.
April 2, 2018, 10:23 AM MDT
Pulse Oil Corp. has started Phase 1 of the Bigoray Nisku Pinnacle Reef enhanced oil recovery (EOR) project in the Bigoray area of Alberta.
March 26, 2018, 8:16 AM MDT
Light oil acquisitions helped Cardinal Energy Ltd. significantly increase production and reserves last year.
March 21, 2018, 11:28 AM MDT
Pulse Oil Corp. says it will continue to complete project planning associated with its Nisku enhanced oil recovery (EOR) project in the Bigoray area of Alberta after receiving an independent resource assessment by Sproule Associates Limited.
January 9, 2018, 10:45 AM MST
Canadian Natural Resources Limited plans to more than quadruple the percentage of the developed area of its acquired Pelican Lake lands under polymer flooding by year-end 2018.
November 8, 2017, 6 AM MST
Pulse Oil Corp. has completed its two transactions previously reported on Oct. 16 to consolidate its interests in the Bigoray area of Alberta, resulting in 100 per cent control of Pulse's Bigoray operations.
November 2, 2017, 9:05 AM MDT
Basically adding reserves for around $3 per bbl is the ultimate goal of Spartan Energy Corp.’s waterflooding aspirations in Saskatchewan.
September 14, 2017, 3:46 AM MDT
While investment in new Alberta oilsands megaprojects has stalled, heavy oil activity in Saskatchewan is proceeding apace, albeit on a much smaller scale.
August 8, 2017, 8:04 AM MDT
Inventys, the developer of the VeloxoTherm System, a carbon dioxide (CO2) capture process, has closed an equity financing with Husky Energy Inc. as lead investor, it announced.
July 11, 2017, 7:56 AM MDT
The former Penn West Petroleum Ltd., which on Monday renamed itself Obsidian Energy Ltd., believes hedging and low production declines will allow it to achieve double digit growth this year.
June 27, 2017, 4:21 AM MDT
Managing stakeholder concerns may be the main hurdle for the usage of enhanced solvent injection for in situ oilsands recovery, as something industry would consider as ‘low risk’ can be seen as ‘high risk’ for people living near operations, says an Alberta Energy Regulator (AER) representative.
June 1, 2017, 6 AM MDT
Pilots injecting carbon dioxide have more than doubled recovery on conventional heavy oil wells in the Lloydminster area, says Husky Energy Inc. CEO Rob Peabody.
May 8, 2017, 6 AM MDT
Crescent Point Energy Corp.’s strong first quarter results position the company to meet or exceed its 2017 production guidance, which is expected to be revisited following spring breakup.
April 27, 2017, 11:12 AM MDT
All capital activities for the first quarter of 2017 for Raging River Exploration Inc. are anticipated to be completed within the next week.
March 7, 2017, 6 AM MST
Although it’s early days, water injection into the Viking formation in Saskatchewan seems to be working well for Raging River Exploration Inc. which expects better recovery factors than achieved by earlier waterfloods in the same formation.
February 24, 2017, 3:07 AM MST
Crescent Point Energy Corp. is currently outperforming its Q1 2017 guidance of 170,000 boe per day and the company intends to revisit its annual production guidance post spring breakup.
February 23, 2017, 11:55 AM MST
It’s “too early to tell” if Norway, a world leader in carbon capture and storage (CCS) technologies, would invest in CCS projects in Canada, according to the head of the country’s government-owned enterprise charged with ramping up the technology.
February 17, 2017, 9:17 AM MST
During 2016, Raging River Exploration Inc. invested $403.5 million (unaudited) consisting of $192 million of acquisition capital and $211.5 million of development capital into the expansion and development of the Viking play.
February 8, 2017, 4:38 AM MST
A new waterflood technology that Crescent Point Energy Corp. is developing in Saskatchewan could potentially enable the company to maintain a steady annual decline rate even as it continues to grow, says a company official.
January 30, 2017, 7:26 AM MST