Twin Butte Energy Ltd.'s priorities for the balance of the year are to remain disciplined and invest only in wells that meet its stringent guidelines: a two-to-one recycle ratio and a sub-one-and-a-half year payout on strip prices, its chief executive said Thursday.
September 18, 2015, 10:02 AM MDT
One of the first things companies tend to cut in tough times is research and development (R&D) spending.
September 16, 2015, 8:44 AM MDT
Focusing on its Montney light oil core areas of Ante Creek and Waskahigan/Grizzly, where RMP Energy Inc. has 70,000 net acres and plans to drill 16 wells in 2015, the company expects to continue its 31 per cent compound annual growth to an average production of 13,500 boe per day (45 per cent oil/natural gas liquids) from a $100 million cash-flow budget.
June 12, 2015, 7:46 AM MDT
Flawed objectives, political interests and a dependence on the altruism of each generation’s willingness to save for future generations has choked the Alberta Heritage Savings Trust Fund’s potential to become a powerful financial resource for the social good now or in the future, a panel discussion on the fund heard Thursday.
May 29, 2015, 11:46 AM MDT
Journey Energy Inc. is building on cost control measures and a trimmed capital budget to focus on high-grading its drilling inventory and maintaining a meaningful dividend in the balance of the year, the company’s annual meeting heard Wednesday.
May 21, 2015, 12:01 PM MDT
Birchcliff Energy Ltd. has joined the growing list of producers that aren’t letting soft commodity prices derail their growth.
May 15, 2015, 11:47 AM MDT
Building on its three years of phenomenal growth through the drill bit, Raging River Exploration Inc. posted another quarterly production record in the first quarter of 2015 and showed no signs of slowing.
May 11, 2015, 11:51 AM MDT
Shorter industry cycles of growth and profitability means that services and supply companies have to manage their growth coming out of a downturn as aggressively as when they spiral down, says Scott Treadwell, TD Securities’ director of equity research, oilfield services.
May 1, 2015, 8:10 AM MDT