Recent News
Alberta Petrochemical Incentive Program Open For Business
The Alberta government is offering grants worth 12 per cent of eligible capital costs once new petrochemical plants — including hydrogen-producing projects — are up and running.
October 30, 2020, 9:34 AM MDT
DOB Exclusive
Deep Basin-Focused Peyto Expects Stronger Natural Gas Fundamentals Will Lead To An Uptick In Activity, Returns
Pure-play Deep Basin E&P Peyto Exploration & Development Corp.’s president and CEO Darren Gee says current market conditions and outlook for natural gas will see the company increase activity and spending in the play in the coming months.
October 29, 2020, 6 AM MDT
Alberta’s Deep Basin is the geological gift that keeps on giving as, after decades of exploitation, producers active in the massive and hydrocarbon-rich play harness technology to continue to milk its massive reserves while reducing finding and development costs.
October 28, 2020, 6 AM MDT
DOB Exclusive
Deep Basin Likely To See Increased Activity But Not A ‘Bonanza’; Montney To Continue To Be A Focus For Capital
While current natural gas prices and the forward strip are supportive of increased activity this winter drilling season and further into 2021, analysts say it won’t be full-out with the drill bit and Montney players will continue to lead the charge with the Deep Basin likely seeing a slight uptick.
October 27, 2020, 6 AM MDT
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