Thanks to $28.62 million in the public offering of oilsands leases, the Alberta government took in a total of $44.62 million in bonus bids on Wednesday.
December 7, 2017, 6 AM MST
The Alberta government attracted $11.4 million in bonus bids at its land sale this week, with the top parcels bought for interest in the Spirit River.
November 23, 2017, 6 AM MST
Some producers who updated capital plans during the third quarter reporting season have added to 2017 capex by shifting planned spending from the first quarter of 2018 to the fourth quarter of 2017.
November 16, 2017, 6 AM MST
The Duvernay drove interest in Alberta’s Wednesday sale — a common narrative this year — as industry spent $44.95 million this week on Crown land.
November 9, 2017, 6 AM MST
Tourmaline Oil Corp. has no plans at this point for merger and acquisition activity for the next couple of years but the company’s top executive will see “how the world unfolds.
November 9, 2017, 9:39 AM MST
Earnings season got into full swing on Thursday, with several of the large Canadian producers and a key pressure pumper reporting third quarter results—and already there was some movement on the capital spending front.
October 27, 2017, 6 AM MDT
Cenovus Energy Inc. has entered into an agreement to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for cash proceeds of $1.3 billion.
October 19, 2017, 4:56 AM MDT
The Alberta government brought in $125.26 million at its land sale on Wednesday, as the Duvernay starred once again.
October 12, 2017, 6 AM MDT
A total of 39 parcels have been posted for Alberta’s Dec. 6, 2017 oilsands auction, and several in the Athabasca Oil Sands Region appear to be a follow up to the Sept. 13 sale, which attracted $12.3 million in bonus bids.
October 12, 2017, 6 AM MDT
Tim McMillan, president and CEO of the Canadian Association of Petroleum Producers (CAPP), echoed the sentiments of many in the industry today, noting his disappointment with the cancellation of TransCanada Corporation's Energy East and Eastern Mainline projects.
October 5, 2017, 11:11 AM MDT
Average land prices paid to governments for the nine-month period ending Sept. 30, 2017 in Canada shot up by 185 per cent when compared to the same period in 2016.
October 5, 2017, 6 AM MDT
Land buying in the B.C. Montney and Alberta Duvernay have dominated land buying in the first nine months of the year, which has fueled the recovery in bonus bid revenue in Western Canada.
October 3, 2017, 8:13 AM MDT
The Alberta government on Wednesday brought in $34.8 million at its land sale with interest in the Duvernay once again dominating.
September 28, 2017, 12 AM MDT
Powered once again by the Montney, the B.C. government brought in $10.74 million at its September sale held this week.
September 22, 2017, 4:08 AM MDT
The Alberta government attracted $23.88 million in bonus bids at its land sale on Wednesday, with oilsands parcels accounting for over half the bonus bids.
September 14, 2017, 6:12 AM MDT
The Alberta government attracted $17.46 million in bonus bids at its land sale on Wednesday afternoon.
August 31, 2017, 12 AM MDT
Encana Corporation says that its Eagle Ford assets did not incur any damage as a result of the hurricane and subsequent flooding that battered Texas.
August 30, 2017, 9:26 AM MDT
Given a weaker than expected performance for oil prices so far this year, Alberta and Saskatchewan both lowered pricing forecasts for the fiscal year, and along with that, expected revenue.
August 29, 2017, 12 AM MDT
Baytex Energy Corp. announced that due to Hurricane Harvey, on Aug. 25, 2017 its Eagle Ford operations were shut-in and drilling and completion operations were suspended.
August 29, 2017, 12 AM MDT
The B.C. government attracted $3.42 million at its land sale this week, with two sections in northeast B.C. drawing the highest bids, including one that sold for over $1 million.
August 25, 2017, 12 AM MDT
During the B.C. election campaign, the B.C. Liberals pledged to “unlock the oil resources contained in the Montney” through a new oil, deep-well royalty credit.
August 25, 2017, 7:49 AM MDT
Tourmaline Oil Corp. was the most active operator at the end of the week, as the rig count climbed in Western Canada.
August 25, 2017, 11:28 AM MDT
Tundra Oil & Gas Limited, by far the most active operator in Manitoba, will see a roughly 200 per cent increase in wells drilled this year.
August 24, 2017, 8:28 AM MDT
While its contribution is more modest when compared to western Canadian oil and gas titans in B.C., Alberta and Saskatchewan, activity across the board in Manitoba has rebounded strongly in 2017.
August 23, 2017, 6 AM MDT
The Alberta government collected $4.22 million at its land sale on Wednesday afternoon.
August 17, 2017, 12 AM MDT
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