March 4, 2024, 6 AM MST
In total, 993 gross wells were drilled on Freehold Royalties Ltd.’s royalty lands in 2023, a six per cent decrease versus 2022.
March 4, 2024, 12 AM MST
Athabasca Oil Corporation says it expects to generate over $1 billion in free cash flow during the three-year timeframe of 2024-26.
March 4, 2024, 11 AM MST
With line of sight to the start-up of the Trans Mountain expansion project, market conditions are expected to improve for western Canadian crude producers, say two top oilsands executives.
March 1, 2024, 2:33 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
February 29, 2024, 10:37 AM MST
February 29, 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
Development activity has increased Obsidian Energy Ltd.’s current production to over 36,500 boe/d, based on field estimates.
February 28, 2024, 12 AM MST
February 28, 2024, 11:11 AM MST
Given rising production and producer activity from the Clearwater oil play, Pembina Pipeline Corporation says it continues to experience strong demand for service on the Nipisi pipeline, with current volumes of approximately 33,000 bbls/d.
February 26, 2024, 8:41 AM MST
SECURE Energy Services Inc. expects activity levels to remain robust in both the energy and industrial sectors for 2024.
February 26, 2024, 10:39 AM MST
Gibson Energy Inc. posted record financial results in its fourth quarter and full year 2023, thanks to its Gateway Terminal acquisition and in the stability of its overall asset base.
February 23, 2024, 12 AM MST
Pembina Pipeline Corporation says strong performance in the Pipelines and Facilities divisions helped boost Q4 and full-year 2023 financial results.
February 23, 2024, 10:38 AM MST
Suncor Energy Inc. achieved several quarterly production records, including record oilsands production, record gross production at Fort Hills and the second-highest quarterly upstream production in the company's history, Rich Kruger, president and CEO, said during a Q4 and year-end 2023 results conference call this morning.
February 22, 2024, 10:36 AM MST
The Trans Mountain pipeline expansion delay was keenly discussed during Gibson Energy Inc.’s fourth quarter 2023 results call-in, with president and CEO Steve Spaulding telling an analyst they are considering the delay “indefinite” until they hear otherwise.
February 22, 2024, 5:24 AM MST
In response to lower forecasted natural gas prices, Kelt Exploration Ltd. has reduced its 2024 capital expenditure program to $325.0 million, down seven per cent from its previous budget of $350.0 million.
February 22, 2024, 5:56 AM MST
Diamondback Energy Inc. will maintain its Permian oil production in the 270,000 bbls/d range in 2024 in response to uncertain global demand, chief executive officer Travis Stice said in his quarterly letter to shareholders released prior to the company’s year-end conference call.
February 22, 2024, 8:55 AM MST
Obsidian Energy Ltd. had an active 2023 capital program with both development and exploration/appraisal activities, providing a solid foundation as it enters the first year of its three-year growth plan to increase production to over 50,000 boe/d in 2026.
February 22, 2024, 7:42 AM MST
Gear Energy Ltd. maintained its 2024 capital and abandonment expenditures at $57 million
February 22, 2024, 6 AM MST
February 22, 2024, 9:18 AM MST
Whitecap Resources Inc.’s 2024 capital budget is now expected to be $900 million to $1.1 billion, which is about $100 million lower than originally budgeted, to partially offset the cost of a Viking acquisition the company closed in the fourth quarter.
February 21, 2024, 3:33 PM MST
TC Energy Corporation reported total segmented earnings of approximately $6.14 billion in 2023, up from $3.63 billion in 2022, with earnings up across its infrastructure portfolio.
February 16, 2024, 9:49 AM MST
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