Pine Cliff Energy Ltd. 's board of directors has approved a 2024 capital expenditure budget of $17.5 million, including $7.0 million of abandonment and reclamation spending.
March 5, 2024, 5:08 AM MST
Advantage Energy Ltd. has announced it is reducing its capital spending for 2024 by $40 million at the midpoint without changing its production guidance for the year or, president and CEO Michael Belenkie added, compromising the company’s long-term adjusted funds flow [AFF] per share.
March 5, 2024, 11:03 AM MST
With natural gas prices languishing, Canadian Natural Resources Limited may divert capital away from that segment to others in its vast portfolio.
March 4, 2024, 6 AM MST
TC Energy Corporation announced a deal to sell the Portland Natural Gas Transmission System (PNGTS) to BlackRock.
March 4, 2024, 4:52 AM MST
March 4, 2024, 12 AM MST
During the year, operators spud 577 gross wells (21.5 net) across Topaz Energy Corp.'s royalty acreage, a two per cent increase from 2022, which represents approximately 14 per cent of the 2023 total rig releases across the WCSB.
March 4, 2024, 3:11 PM MST
Crescent Point Energy Corp. continues delineating its recently acquired Duvernay and Montney land base while fine-tuning its drilling and completions strategies to deliver long-term sustainable production and free cash flow.
March 1, 2024, 9:24 AM MST
Baytex Energy Corp.’s Clearwater assets were hitting the high end of its production range, the company announced during its fourth quarter 2023 call-in to investors.
March 1, 2024, 10 AM MST
March 1, 2024, 7:06 AM MST
March 1, 2024, 5:26 AM MST
March 1, 2024, 5:32 AM MST
The Alberta government’s royalties from bitumen, crude oil and natural gas by-products are expected to remain fairly steady over the next three fiscal years.
February 29, 2024, 3:19 PM MST
February 29, 2024, 12 AM MST
February 29, 2024, 12 AM MST
Meeting the federal government’s new Clean Electricity Regulations (CER) calling for a carbon neutral grid by 2035 carries a big price tag in Alberta and across Canada, Pete Bothwell, VP for energy transitions and industrial relations for ATCO Electric, said at the Canadian Energy Executive Association (CEEA) Beyond Boomers event last week.
February 28, 2024, 12 AM MST
Ovintiv Inc. expects to run three to four rigs and one completion crew in the Montney in 2024, targeting 60 to 70 wells in the condensate windows in both Alberta and B.C., executive vice-president and chief operating officer Greg Givens told analysts at the company’s 2023 fourth quarter and year-end conference call.
February 28, 2024, 2:01 PM MST
The cost to produce a boe for Tamarack Valley Energy Ltd. is declining.
February 28, 2024, 2:50 PM MST
B.C. is forecasting a rise in natural gas royalty revenue in 2024/2025, following a drop the previous fiscal year — rising royalties are tied to the looming LNG exports, according to its recently-tabled budget.
February 28, 2024, 10:14 AM MST
February 28, 2024, 5:43 AM MST
Trican Well Service Ltd.’s fourth quarter results for 2023 met guidance and market expectations, with president and CEO Brad Fedora saying “differentiation and modernization” is key to the company’s strategy in 2024.
February 27, 2024, 10:17 AM MST
February 27, 2024, 5:53 AM MST
February 27, 2024, 5:41 AM MST
The LNG market outlook is bright, according to an executive with top exporter Cheniere Energy Inc., particularly demand in the Asia Pacific region.
February 26, 2024, 6 AM MST
Asked by an analyst if Trican Well Service Ltd.’s customers were delaying 2024 drilling plans in the hope of improved natural gas prices once LNG Canada is operational, president and CEO Brad Fedora noted that priorities for companies were both price and volume sensitive.
February 26, 2024, 6 AM MST
February 26, 2024, 12 AM MST
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