Since starting operations, Logan Energy Corp. has added 62.25 net sections of land around its core area of Simonette, consisting of 32.75 net sections of Montney acreage and 29.5 net sections of land in non-Montney plays on and surrounding its existing asset base.
November 23, 2023, 6:59 AM MST
Lycos Energy Inc. executed a $20.9 million capital expenditure program bringing onstream three multi-leg fishbone wells (including two extended reach sweeper fishbone wells at 17 kilometres and 20 kilometres of drilled reservoir respectively) and three multi-lateral wells (including two new generation wine rack wells) in the quarter.
November 23, 2023, 8:31 AM MST
During the third quarter, Hemisphere Energy Corporation completed the majority of its planned 2023 capital expenditure program.
November 23, 2023, 12 AM MST
The third quarter results for CES Energy Solutions Corp. could be boiled down to one word: growth.
November 20, 2023, 9:25 AM MST
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
Source Energy Services Ltd. saw a slight dip in demand for frack sand in the third quarter of 2023 as operators delayed field activity, but the company expects demand to rebound in the final quarter of the year as delayed projects move forward, president and chief executive officer Scott Melbourn told analysts at the company’s third quarter conference call.
November 16, 2023, 12 AM MST
Tidewater Midstream and Infrastructure Ltd.’s Q3 sale of the Pipestone Natural Gas Processing facility and the Dimsdale natural gas storage facility assets to AltaGas Ltd. is part of a strategy to get its “core assets performing as they should and to service new creative opportunities.”
November 15, 2023, 6:06 AM MST
Pieridae Energy Limited has initiated a process to sell its Goldboro subsidiary and associated assets, licenses and permits, highlighted by 267 acres of undeveloped coastal industrial land in Nova Scotia.
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
Stampede Drilling Inc. is forecasting to continue its strong utilization and day rates for its fleet of 19 rigs for the remainder of 2023 and into 2024, despite commodity price volatility.
November 15, 2023, 8:53 AM MST
Strathcona Resources Ltd. reported a year-over-year production increase of 23 per cent in the third quarter, resulting in steady financial performance, the company reported in its first quarter as a public company after its transaction with Pipestone Energy Corp. that closed in early October.
November 14, 2023, 6:53 AM MST
The total job count for Trican Well Service Ltd. in the third quarter of 2023 eased compared to levels it logged one year earlier.
November 14, 2023, 6:44 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
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
Consistent with prior periods, Kakwa continued to account for 80 per cent of Questerre Energy Corporation’s production.
November 14, 2023, 12 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
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
During the third quarter Gear Energy Ltd. announced the start of a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value.
November 10, 2023, 12 AM MST
Suncor Energy Inc. Q3 total upstream output decreased to 690,500 boe/d from 724,100 boe/d a year earlier as solid combined upgrader utilization outside of planned maintenance activities and continued strong in situ performance was partially offset by asset divestments in the exploration and production segment.
November 9, 2023, 10:52 AM MST
Calfrac Well Services Ltd. has seen “significant progress” in its long-term financial and operational goals during the past year.
November 9, 2023, 7:45 AM MST
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