MEG Energy Corp. executives say "the clouds have lifted" now that it is no longer being pursued by Husky Energy Inc. However, the outlook isn’t yet clear enough for the company to sanction its full 2019 capital program.
January 22, 2019, 10:56 AM MST
Essential Energy Services Ltd. has set its 2019 capital budget at $6 million, primarily for maintenance capital, given the uncertain outlook for oil and natural gas activity in the Western Canadian Sedimentary Basin for 2019.
January 9, 2019, 11:49 AM MST
Capital discipline during the first half of 2019 is a focus for many Canadian producers due to current volatility in WTI, AECO and differentials.
January 8, 2019, 9:32 AM MST
Total Energy Services Inc. has set its preliminary 2019 capital expenditure budget at $40.5 million.
January 8, 2019, 6 AM MST
Rig activity has slowed down markedly in Western Canada with the holiday period around the corner.
December 21, 2018, 8:43 AM MST
Husky Energy Inc. announced this morning it had set its 2019 capital budget at $3.4 billion as it continues to invest in a deep portfolio of higher-margin, longer-life projects.
December 20, 2018, 8:59 AM MST
Based on current plans, Keyera Corp. anticipates growth capital investment of $800 million to $900 million, excluding acquisitions, in 2019.
November 7, 2018, 11:33 AM MST
July 12, 2018, 10:46 AM MDT
PHX Energy Services Corp. says its board of directors has approved a $15 million increase in its 2018 capital expenditure program for anticipated spending of $33.5 million.
July 5, 2018, 3:16 AM MDT
Canada’s oil output will grow by about 1.41 million bbls/d over the next 18 years — less than if the country had more regulatory certainty, says the industry’s top trade group.
June 13, 2018, 6 AM MDT
May 31, 2018, 6 AM MDT
Total Energy Services Inc. has increased its 2018 capital expenditure budget by $15 million to support the continued growth of its compression rental fleet.
March 9, 2018, 10:24 AM MST
Trican Well Service Ltd.’s fourth quarter and year-end 2017 results improved dramatically from the same period in 2016 as higher activity levels, the acquisition of Canyon Services Group Inc. and significantly improved prices pumped up the bottom line.
February 22, 2018, 11:40 AM MST
Gibson Energy Inc. sanctioned the $50 million Viking pipeline project.
February 21, 2018, 7:30 AM MST
Activity for High Arctic Energy Services Inc.’s Concord Service rig operations in Canada remains strong.
February 5, 2018, 4:15 AM MST
Trinidad Drilling Ltd. is moving eight rigs to the Permian Basin to meet increased customer demand.
January 29, 2018, 5:39 AM MST
Essential Energy Services Ltd.’s 2018 capital budget is $13 million, comprised of $5 million of growth capital and $8 million of maintenance capital.
January 16, 2018, 3:28 AM MST
Total Energy Services Inc.’s preliminary 2018 capital expenditure budget is $33 million.
January 16, 2018, 3:19 AM MST
January 10, 2018, 10:09 AM MST
Source Energy Services Ltd. announced a 2018 capital budget of approximately $50 to $65 million.
December 22, 2017, 6 AM MST
Strad Energy Services Ltd. announced a 2018 capital expenditure program of $8 million which includes $5 million for replacement matting, $1.5 million in information technology upgrades and $1.5 million of other maintenance capital.
December 22, 2017, 6 AM MST
Organic growth initiatives will account for approximately $820 million, or 91 per cent, of Inter Pipeline Ltd.’ s $900 million 2018 capital expenditure program, up from a planned $545 million in 2017.
December 21, 2017, 6 AM MST
Mullen Group Ltd. has set its 2018 capital budget at $40 million for 2018, an increase from estimated 2017 spending of about $25 million which is half the amount outlined in the company’s 2017 guidance released last April.
December 15, 2017, 6 AM MST
Trinidad Drilling Ltd. announced a 2018 capital spending budget of approximately $40 million, comprised largely of maintenance capital to be spent on its North American fleet.
December 15, 2017, 3:48 AM MST
PHX Energy Services Corp. announced a 2018 capital expenditure program of $10.5 million, of which $3.8 million was committed in 2017 but delivery of the equipment was delayed into 2018.
December 14, 2017, 6 AM MST