Gear Energy Ltd. maintained its 2024 capital and abandonment expenditures at $57 million
February 22, 2024, 6 AM MST
Cenovus Energy Inc. achieved the second-highest quarterly production rates in its history as fourth quarter output averaged 808,600 boe/d in the fourth quarter, an increase of approximately 12,000 bbls/d from the third quarter and up slightly from 806,900 bbls/d in Q4 2022.
February 15, 2024, 10:59 AM MST
Birchcliff Energy Ltd. reported flat production in 2023, but low natural gas prices negatively impacted financial performance.
February 15, 2024, 6:44 AM MST
PrairieSky Royalty Ltd. expects that with incremental Duvernay leasing it will see long-term light oil royalty production growth to “complement the increase” in heavy oil from the company’s Clearwater and Mannville Stack oil plays, says Andrew Phillips, president and CEO.
February 13, 2024, 8:24 AM MST
ARC Resources Ltd. generated record annual production in 2023 averaging 351,954 boe/d in 2023, up from 345,613 boe/d in 2022.
February 9, 2024, 7:45 AM MST
With commodities prices currently testing bottom-decile levels due to North American supply growth and an exceptionally warm winter, Advantage Energy Ltd. is pursuing meaningful reductions to its capital program.
February 7, 2024, 12 AM MST
Record-setting volumes from Kearl backstopped Imperial Oil Limited’s fourth quarter output surge that saw the company average 452,000 gross boe/d, the highest quarterly production in over 30 years when adjusting for the divestment of XTO Energy Canada.
February 2, 2024, 10:52 AM MST
January 2, 2024, 8:08 AM MST
Source Rock Royalties Ltd. reported record quarterly royalty production of 228 boe/d (94 per cent oil and NGLs), an increase of 43 per cent compared to Q3 2022 and 11 per cent higher than Q2 2023.
November 28, 2023, 9:53 AM MST
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
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
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
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
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
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
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
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