Over the past few months, Tourmaline Oil Corp. has been active in acquiring what it calls complementary assets.
March 3, 2022, 11:46 AM MST
Yangarra Resources Ltd. remains committed to a “disciplined” one-rig, 30 well program, with the balance of free-cash flow generated to be used for debt retirement until the company achieves its debt targets.
March 3, 2022, 3:31 PM MST
After years of lagging pricing power, Canadian service sector companies are looking to bend the curve. Upward.
March 2, 2022, 11:23 AM MST
Athabasca Oil Corporation is maintaining its previously announced $128 million capital program in 2022, including a turnaround at Leismer.
March 2, 2022, 4:31 PM MST
Paramount Resources Ltd.’s board of directors has approved an increase in the company's regular monthly dividend to eight from six cents per common share.
March 2, 2022, 6:07 AM MST
March 2, 2022, 1:57 PM MST
When Crescent Point Energy Corp. announced its $900-million acquisition of Shell plc’s Kaybob Duvernay assets in Alberta in February of 2021 it signaled a new core area for the company, one which has quickly climbed the ranks of priority within its asset base.
March 1, 2022, 6 AM MST
After going on a $2 billion acquisition spree over the past year-and-a-half, Whitecap Resources Inc. may not be done as the company continues to evaluate the merger and acquisition market and could pursue more deals, the company’s Q4 and year-end 2021 conference call heard Thursday.
February 25, 2022, 12 AM MST
It’s been half a year since any new wells have been approved in British Columbia.
February 24, 2022, 9:44 AM MST
In 2021, PHX Energy Services Corp. spent $35.3 million in capital expenditures, compared to $25.9 million for 2020.
February 24, 2022, 12 AM MST
Prairie Provident Resources Inc. outlined a fully-funded capital budget set at $18 million, before capitalized general and administrative (G&A) expenses and asset retirement obligations (ARO), expected to generate average production between 4,350 – 4,600 boe/d.
February 23, 2022, 12 AM MST
Peyto Exploration & Development Corp.’s board approved a 2022 capital budget of $350-$400 million which, at the high end of the range, is 10 per cent greater than the $365 million invested in 2021.
February 17, 2022, 12 AM MST
February 17, 2022, 12 AM MST
Global upstream deal values within oil and gas returned to pre-pandemic levels in 2021, while the largest volume of production changed hands in more than a decade, according to new data from Evaluate Energy.
February 16, 2022, 10:51 AM MST
Spartan Delta Corp. has increased its capital spending forecast.
February 15, 2022, 3:48 PM MST
February 15, 2022, 12 AM MST
ARC Resources Ltd.’s top executive says 2021 was an “exceptional and transformational year” for the company as it successfully assimilated assets acquired in the acquisition of Seven Generations Energy Ltd. which led to strong operational and financial performance.
February 11, 2022, 10:43 AM MST
Precision Drilling Corporation anticipates increasing activity in both Canada and the U.S. for 2022, based on customer inquiries and bid activity, and reflecting higher commodity prices.
February 10, 2022, 7:43 AM MST
International Petroleum Corporation (IPC) will focus 2022 Canadian spending on three properties.
February 9, 2022, 8:15 AM MST
The Petroleum Services Association of Canada (PSAC) anticipates increased activity across all oilfield service lines in 2022, with the chief executive highlighting an increase in site rehabilitation work.
February 9, 2022, 11:26 AM MST
Birchcliff Energy Ltd.’s 2021 capital program was focused on the drilling of high-value, low-cost condensate-rich natural gas and light oil wells in Pouce Coupe and Gordondale.
February 9, 2022, 2:47 PM MST
Pine Cliff Energy Ltd.’s board of directors has approved a 2022 capital budget of $25.5 million to be fully funded from adjusted funds flow.
February 9, 2022, 12 AM MST
Lifted by a strong commodity price environment and healthy refining margins, Suncor Energy Inc. booked a fourth quarter profit of $1.55 billion compared to a net loss of $168 million in the prior year quarter while generating record adjusted funds flow of $3.1 billion.
February 3, 2022, 9:46 AM MST
The Petroleum Services Association of Canada (PSAC) anticipates increased activity across all oilfield service lines in 2022, with top brass highlighting an increase in site rehabilitation work.
February 3, 2022, 12 AM MST
ConocoPhillips’s Canadian unit today reported positive earnings for the year, reversing a loss from last year.
February 3, 2022, 7:14 AM MST
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