Consistent with prior periods, Kakwa continued to account for 80 per cent of Questerre Energy Corporation’s corporate production.
November 14, 2022, 8:36 AM MST
MEG Energy Corp.’s president and CEO Derek Evans doesn’t expect the current wide WCS-WTI differentials to last.
November 10, 2022, 12 AM MST
Peyto Exploration & Development Corp. third quarter output increased 16 per cent year-over-year as an increased capital expenditure program and strong drilling results helped boost volumes.
November 10, 2022, 10:49 AM MST
Pine Cliff Energy Ltd. approved an increase in its 2022 capital expenditure budget from $29.5 million to $31.5 million.
November 10, 2022, 12 AM MST
Petrus Resources Ltd.’s board of directors has approved a capital budget for 2023 of $130 million to $135 million.
November 10, 2022, 12 AM MST
Kelt Exploration Ltd. announced an initial capital expenditure budget of $310.0 million for 2023.
November 10, 2022, 8:52 AM MST
The third quarter of 2022 was the most active drilling period in Saturn Oil & Gas Inc.’s history.
November 10, 2022, 12 AM MST
InPlay Oil Corp. began its fourth quarter capital program drilling one (0.95 net) ERH well in Willesden Green which was brought on production in late October and is flowing without artificial lift and the start of drilling operations with its first two (2.0 net) Belly River wells.
November 10, 2022, 12 AM MST
Ovintiv Inc.’s full year capital investment is expected to total approximately $1.8 billion, at the high end of the previous capital guidance range.
November 9, 2022, 8:05 AM MST
Strong oil and gas prices heading into 2023, combined with disadvantaged hedges ending at year-end 2022, should result in Ovintiv Inc. enjoying a free cash flow windfall in 2023, executive VP and chief financial officer Corey Code told analysts at the company’s third quarter conference call Wednesday.
November 9, 2022, 12:34 PM MST
During and subsequent to the end of the third quarter, NuVista Energy Ltd. reached a number of new milestones that reflect the repeatable and profitable nature of its business plan, the company said in its Q3 results.
November 9, 2022, 7:24 AM MST
Pipestone Energy Corp. is increasing its capital expenditure guidance for 2022, from $225 - $235 million to an estimate of $240 million.
November 9, 2022, 7:48 AM MST
Spartan Delta Corp. Q3 2022 production averaged 72,134 boe/d (39 per cent liquids), up 56 per cent compared to 46,282 boe/d (32 per cent liquids) in Q3 2021, with crude oil production increasing seven per cent compared to Q2 2022.
November 9, 2022, 12 AM MST
Birchcliff Energy Ltd.’s F&D capital expenditures were $85.3 million in Q3 2022, which included drilling eight (8.0 net) wells and bringing 19 (19.0 net) wells on production.
November 9, 2022, 2:25 PM MST
Obsidian Energy Ltd. has bumped up its capital expenditure range.
November 8, 2022, 7 AM MST
Perpetual Energy Inc.'s board of directors approved a capital budget of $29–$32 million for 2023, including $5–$7 million to be spent in the first quarter for pipeline infrastructure and to drill two (1.0 net) wells at East Edson.
November 8, 2022, 12 AM MST
ARC Resources Ltd. recorded major gains in both net income and cash flow from operating activities in the three-month span ending Sept. 30, 2022 compared to the same days a year earlier.
November 7, 2022, 12 AM MST
Headwater Exploration Inc. outlined an initial capital budget for 2023 of $200 million resulting in 2023 annual average production of 18,000 boe/d (92 per cent heavy oil).
November 4, 2022, 12 AM MDT
Crew Energy Inc.’s strong 2022 financial performance in achieving leverage targets provides the flexibility to expedite two projects that were originally planned for the first quarter of next year.
November 4, 2022, 12 AM MDT
With inflationary pressures hooked into many aspects of the energy industry, Tourmaline Oil Corp. possesses qualities and has deployed tactics to fend against it.
November 3, 2022, 1:41 PM MDT
Thanks in part to the highest natural gas output in its history, Canadian Natural Resources Limited achieved record total quarterly production of approximately 1.34 million boe/d while third quarter earnings climbed to approximately $2.8 billion.
November 3, 2022, 11:22 AM MDT
Suncor Energy Inc. says the company continues to optimize and streamline its portfolio in an effort to maximize value through its core assets.
November 3, 2022, 10:57 AM MDT
Murphy Oil Corporation saw a significant increase in production from its Montney assets in the Tupper area of northeast B.C. in the third quarter of 2022, but higher royalty rates resulted in the price equivalent of 3,000 boe/d taken out of production, said executive vice-president of operations Eric Hambly at the company’s third quarter conference call Thursday.
November 3, 2022, 10:41 AM MDT
ConocoPhillips reported lower earnings for its Canadian segment for the third quarter of 2022.
November 3, 2022, 5:33 AM MDT
Paramount Resources Ltd. achieved record quarterly sales volumes of 97,601 boe/d (46 per cent liquids) in the third quarter, including record monthly sales volumes of 104,506 boe/d (46 per cent liquids) in September.
November 3, 2022, 6:10 AM MDT
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