MEG Energy Corp. delivered record Q4 and full-year 2022 bitumen output while strong price realizations enabled the company to post solid financial results.
February 28, 2023, 9:54 AM MST
High commodity prices resulted in Ovintiv Inc. generating net earnings of $3.6 billion in 2022, with free cash flow of $2.3 billion after capital expenditures of $1.8 billion.
February 28, 2023, 10:17 AM MST
February 27, 2023, 11:07 AM MST
Baytex Energy Corp.’s president and CEO Eric Greager says 2022 was “an exciting year for Baytex” as the company delivered strong operating results, generated record free cash flow, further strengthened its balance sheet and initiated direct shareholder returns.
February 24, 2023, 10:55 AM MST
Advantage Energy Ltd. reported record adjusted funds flow in 2022 of $517 million or $2.76/share.
February 24, 2023, 6 AM MST
Enerplus Corporation’s 2023 capital spending guidance is $500–$550 million, which is allocated approximately 95 per cent to North Dakota, 2.5 per cent to the Marcellus and 2.5 per cent to the DJ Basin.
February 24, 2023, 6:09 AM MST
Whitecap Resources Inc. achieved record annual production in 2022 and set company high watermarks for funds flow from operation and other financial performance metrics as its spree of acquisitions since 2020 backstopped the strong results.
February 23, 2023, 11:14 AM MST
In 2022, Obsidian Energy Ltd. undertook the largest development program in several years.
February 23, 2023, 6:43 AM MST
Cenovus Energy Inc. produced strong Q4 and full-year 2022 operating and financial results with output topping 800,000 boe/d in the fourth quarter.
February 16, 2023, 11:12 AM MST
Birchcliff Energy Ltd. generated record cash flow metrics in 2022, record net income, with output declining slightly.
February 16, 2023, 4:41 AM MST
Suncor Energy Inc.'s total upstream production increased by about 20,000 bbls/d to 763,100 boe/d in the fourth quarter of 2022 versus 743,300 boe/d in the prior year quarter, primarily driven by increased production from the company's oilsands assets.
February 15, 2023, 10:43 AM MST
ARC Resources Ltd.’s ability to a shift drilling activity to condensate-rich targets to take advantage of higher prices while leveraging its access to higher priced U.S. gas markets played a significant role in its record 2022 results, company president and chief executive officer Terry Anderson told analysts at the company’s year-end conference call.
February 13, 2023, 2:18 PM MST
With drilling operations in the B.C. Montney slowed to a crawl due to the now-resolved Blueberry First Nations consultations, ARC Resources Ltd. focused its efforts on its Alberta Kakwa condensate play in 2022, which helped the company deliver record fourth quarter and annual results.
February 10, 2023, 7:36 AM MST
February 8, 2023, 8:01 AM MST
It was another active quarter for third-party operators across PrairieSky Royalty Ltd.’s royalty properties.
February 6, 2023, 2:24 PM MST
Despite a slight dip in year-over-year Q4 production volumes, Imperial Oil Limited more than doubled earnings while cash flow was up by more than $1 billion, during a period in which president and CEO Brad Corson said the company “set numerous records” in both operating and financial results.
January 31, 2023, 11:17 AM MST
January 31, 2023, 5:35 AM MST
Razor Energy Corp.’s production averaged 4,514 boe/d, an increase of 27 per cent from Q3 2021 and four per cent from Q2 2022.
November 25, 2022, 12 AM MST
Hemisphere Energy Corporation’s funds flow from operations of $10.6 million in Q3 2022 was a 162 per cent increase over the comparable period in 2021.
November 17, 2022, 12 AM MST
Multiple factors played a role in Pieridae Energy Limited recording a year-over-year pullback in production during the three-month span ending Sept. 30 2022, says the company’s president.
November 15, 2022, 12 AM MST
Vermilion Energy Inc. says the performance of its first Montney pad at Mica will provide information on the reservoir deliverability and assist in planning for future development as the company awaits resolution of the Blueberry River First Nations permitting for its British Columbia lands.
November 14, 2022, 10:15 AM MST
Rubellite Energy Inc. plans to spend approximately $33.0 to $41.0 million to continue its two-rig drilling program through to the end of the first quarter of 2023 to drill, complete, equip and tie-in 17 (14.9 net) multilateral horizontal development/infill wells at Figure Lake and Marten Hills and to execute its four to six (3.0 to 4.0 net) well northern exploration program.
November 14, 2022, 12 AM MST
Natural gas led an overall year-over-year upswing in sales volumes for Kiwetinohk Energy Corp. during the third quarter of 2022, as the company continued to leverage favourable Chicago market prices.
November 14, 2022, 6 AM MST
Tenaz Energy Corp. announced a capital budget of $16 - $18 million for 2023.
November 14, 2022, 9:04 AM MST
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
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