Headlines for Nov. 16, 2017

  1. Suncor Planned Capex Lower For 2018, Output Higher

    Suncor Energy Inc.’s capital program of between $4.5 and $5 billion for 2018 and average upstream production of 740,000 to 780,000 boe/d at the midpoint of these ranges represent a year-over-year production increase of more than 10 per cent and a capital spending reduction of approximately $750 million.

  2. Seven Generations Announces Capital Budget

    Seven Generations Energy Ltd.'s board of directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000 to 240,000 boe/d in 2019.

  3. Tangle Creek Energy Ltd. Non-Core Property Divestiture

    Sayer Energy Advisors has been engaged to assist Tangle Creek Energy Ltd. (“Tangle Creek” or the “Company”) with the marketing of its non-core producing oil and natural gas properties in the Chip Lake, Leaman, McLeod, Pine Creek and Sinclair areas of Alberta.

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