The province of Saskatchewan is continuing to lobby the federal government to include CO2 enhanced oil recovery (EOR) as part of its carbon capture, utilization and storage (CCUS) strategy and fiscal/policy framework, attendees of a Canadian Society for Unconventional Resources (CSUR) Saskatchewan Day virtual event heard this week.
September 29, 2022, 12 AM MDT
Free Rein Resources has closed a financing agreement for its operations in the Golden Spike area southwest of Edmonton.
September 22, 2022, 12 AM MDT
Hemisphere Energy Corporation completed construction of its new injection plant at the Atlee Buffalo F pool battery during the summer and moved into the early stages of tertiary recovery for the pool in August.
September 22, 2022, 7:30 AM MDT
For the second half of 2022, Prairie Provident Resources Inc. expects to focus on reactivations, recompletions and optimization projects while following up on its successful 2021 drilling program in the Princess area, by drilling one (1.0 net) Glauconite formation well.
August 8, 2022, 9:53 AM MDT
Backstopped by strong operational performance, an active drilling program and record natural gas output, Canadian Natural Resources Limited boosted Q2 output six per cent from the second quarter of 2021.
August 4, 2022, 10:45 AM MDT
New highs from the Lloydminster, Saskatchewan area Onion Lake Thermal project helped drive a banner quarter for production by International Petroleum Corporation (IPC) last quarter.
August 4, 2022, 7:07 AM MDT
The Alberta Energy Regulator (AER) has received an application from Suncor Energy Inc. for an Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH) project.
June 15, 2022, 9:17 AM MDT
Saskatchewan remains important for Crescent Point Energy Corp., even as the company increases its Alberta focus following last year’s Kaybob Duvernay acquisition, says president and chief executive officer Craig Bryksa.
May 20, 2022, 12 AM MDT
As a result of the strong economics of the recent drilling programs, Saturn Oil & Gas Inc. has increased its 2022 capital expenditures budget by $6 million with three additional wells to be drilled at the Oxbow asset and the drilling of three additional wells in the Viking asset.
May 16, 2022, 7:30 AM MDT
Strong operational performance, including record natural gas production, helped drive Canadian Natural Resources Limited’s first quarter production volumes to 1.28 million boe/d, an increase of three per cent over the same period last year.
May 5, 2022, 10:55 AM MDT
Although Baytex Energy Corp. is still in the early days of its Clearwater development program at Peavine in the Peace River area, the company is excited about its potential, both in terms of its uniqueness and its resource potential.
April 22, 2022, 6 AM MDT
After an acquisition spree in 2021 and into this year, the Clearwater heavy oil play has emerged as a future growth driver for Tamarack Valley Energy Ltd., says president and CEO Brian Schmidt.
April 21, 2022, 12 AM MDT
Tamarack Valley Energy Ltd. has entered into a definitive agreement to acquire Rolling Hills Energy Ltd., a privately held pure play Clearwater oil producer, for total consideration of $93.0 million.
April 21, 2022, 6 AM MDT
Clearwater-focused Headwater Exploration Inc. continues its fast-paced development of the play in the Marten Hills area while achieving strong results in its primary development, exploration and waterflood programs.
April 20, 2022, 6 AM MDT
When the Canadian federal budget is released this week, royalty companies will have their eye on any support for techniques that help energy companies reduce carbon emissions.
April 6, 2022, 5:03 PM MDT
Two of the larger players in Saskatchewan’s oilpatch are increasingly optimistic about the go-forward outlook in the province.
March 31, 2022, 12 AM MDT
Although the oil and gas sector remains pivotal in Saskatchewan’s go-forward plans regarding its economy, jobs and provincial revenues, the province plans to be front-and-centre when it comes to participating in the global energy transition, says Bronwyn Eyre, minister of minister of Energy and Resources.
March 29, 2022, 12 AM MDT
In 2021, Hemisphere Energy Corporation invested $12 million in its Atlee Buffalo core area, including drilling seven wells, implementing a polymer flood in the Upper Mannville G oil pool, and upgrading facilities to accommodate additional oil production.
March 16, 2022, 8:50 AM MDT
Given the changing dynamics of global crude markets, spiking prices and a fast-evolving geopolitical environment driven by the Russian invasion of Ukraine, Canadian Natural Resources Limited’s top executive believes the heavy oil market remains in good shape.
March 3, 2022, 4:17 PM MST
During the first half of January, Hemisphere Energy Corporation brought four new Atlee F pool wells online that had been drilled at the end of the fourth quarter.
February 8, 2022, 6:33 AM MST
ROK Resources Inc. has entered into an arm’s-length definitive agreement to acquire certain oil and gas assets, primarily in Saskatchewan and Alberta, from Federated Co-operatives Limited and its wholly-owned subsidiary 2214896 Alberta Ltd., for total consideration of approximately $72 million.
February 3, 2022, 2:49 PM MST
Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.
February 3, 2022, 3:16 PM MST
Enhance Energy has outlined plans for a new world-scale carbon sequestration project in Central Alberta.
January 19, 2022, 8:35 AM MST
Wavefront Technology Solutions Inc. provided an update on the company’s overseas activities.
January 19, 2022, 7:59 AM MST
Alberta now has available a new quantification protocol for enhanced oil recovery (EOR) — Version 2.0 — that offers a 20-year crediting period, and aligns with the province’s carbon capture and storage (CCS) offset protocol.
January 18, 2022, 3:19 PM MST
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