Headlines for May 19, 2016

  1. Bellatrix Expects To Resume Gas Drilling In Q4

    Bellatrix Exploration Ltd. won’t decide on its capital budget for the rest of the year until mid-June, but after a second-quarter drilling hiatus, expects to resume activity targeting natural gas in the profitable Spirit River play during the fourth quarter, when prices improve.

  2. NuVista Energy Ltd. Non-Core Property Divestiture

    Sayer Energy Advisors has been engaged to assist NuVista Energy Ltd. (“NuVista” or the “Company”) with the sale of its non-core oil and natural gas assets located in the Brazeau, Pembina, Wolf Lake, Hinton and Waskahigan areas of Alberta (the “Properties”).

  3. Nine Energy Completes 124-Stage Well In Utica Shale

    Nine Energy Service, Inc. successfully completed 124 perforated stages in an 18,544-foot lateral (27,034 feet TMD) in Guernsey County, Ohio for Eclipse Resources, an independent E&P company in the Appalachian Basin.

  4. Squatex Announces Greater Québec Resources

    An independent resource reassessment of a Québec formation estimates a potential (P50) of 61.1 million boe (53.6 bcf of gas and 52.2 million bbls of oil) over a probable average area of 5.2 square kilometres in a best-case scenario.

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