Suncor Energy Inc. outlined a $6.3-$6.5 billion capital spending program for 2024.
December 5, 2023, 3:40 PM MST
Advantage Energy Ltd. has outlined capital plans of between $260 million and $290 million for 2024.
December 1, 2023, 12 AM MST
For 2024, Spartan Delta Corp.'s board has approved an initial capital budget of $130 million to drill and complete 19.2 net (21 gross) wells, resulting in annualized production of 39,500 boe/d, a seven per cent increase in corporate production versus H2 2023 guidance.
November 29, 2023, 5:29 AM MST
MEG Energy Corp. has outlined its 2024 capital spending plan.
November 27, 2023, 3:32 PM MST
Logan Energy Corp. has set a 2024 initial capital budget of $120 million. The budget is designed to deliver growth in Simonette, maintain production in Pouce Coupe and advance long term growth projects like Flatrock.
November 23, 2023, 12 AM MST
Lycos Energy Inc. acquired an additional 8.5 net sections of land near its Frog Lake acreage for a total consideration of $3.5 million, before closing adjustments.
November 23, 2023, 8:06 AM MST
Strathcona Resources Ltd. is making operational improvements across its Cold Lake and Lloydminster operations to lower costs and add incremental production in near term, executives said at the company’s first conference call since becoming a public company.
November 15, 2023, 8:30 AM MST
Pine Cliff Energy Ltd.’s third quarter drilling activity was limited to participating in one Ellerslie natural gas well (0.15 net) in its Edson area that came onstream at the end of October 2023.
November 15, 2023, 9:02 AM MST
Strathcona Resources Ltd. expects to spend around $1.3 billion in 2024 to grow production to 190,000 to 195,000 boe/d, up from expected average fourth quarter 2023 production of approximately 185,000 boe/d.
November 14, 2023, 7:01 AM MST
Birchcliff Energy Ltd. is targeting F&D capital expenditures of $240 million to $260 million in 2024.
November 14, 2023, 3:03 PM MST
Headwater Exploration Inc. lifted its planned 2023 spending plan by $10 million from $225 million to $235 million.
November 10, 2023, 5:03 AM MST
Rubellite Energy Inc. expects to spend approximately $20 - $22 million in the fourth quarter of 2023 to drill, complete, equip and tie-in 11 (11.0 net) multi-lateral development infill and step-out wells at Figure Lake, unchanged from previous guidance.
November 10, 2023, 5:20 AM MST
Journey Energy Inc. says it continues to advance its repeatable plays, and is looking for opportunities to expand the company’s Duvernay footprint.
November 10, 2023, 12 AM MST
InPlay Oil Corp. says recent investments made in increasing natural gas takeaway capacity through two facility upgrades in Willesden Green will be important in alleviating potential production issues from third-party facility outages going forward.
November 10, 2023, 12 AM MST
Gear Energy Ltd. has set a 2024 capital budget of $57 million.
November 10, 2023, 12 AM MST
With lower natural gas prices persisting across North America, Ovintiv Inc. plans on focusing all its drilling efforts in condensate-rich areas of the Montney in 2024, company president and chief executive officer Brendan McCracken told analysts at the company’s third quarter 2023 conference call.
November 9, 2023, 8:06 AM MST
Peyto Exploration & Development Corp.’s preliminary capital budget for 2024 includes a low-risk development program on both the recently acquired Repsol assets and the company’s legacy core properties.
November 9, 2023, 8:13 AM MST
Crew Energy Inc. has increased its capital spending outlook for 2023.
November 9, 2023, 12 AM MST
Kelt Exploration Ltd. outlined an initial capital expenditure budget of $350.0 million for 2024.
November 9, 2023, 6:13 AM MST
With an expanded second half 2023 capital program, Obsidian Energy Ltd.'s drilling preparation and execution began in July and continued through the third quarter, accelerating in October with four rigs in operation across its Peace River, Willesden Green, Pembina and Viking areas.
November 9, 2023, 7:12 AM MST
NuVista Energy Ltd. has outlined its 2024 spending plan and adjusted its capital spending for 2023.
November 8, 2023, 6:23 AM MST
Several years ago, Cardinal Energy Ltd. identified steam assisted gravity drainage (SAGD) as an area that could provide growth and further decrease decline levels.
November 7, 2023, 6:09 AM MST
For 2024, Cardinal Energy Ltd. laid out a planned conventional capital budget of $116 million with a further $68.5 million for the Reford thermal oil project.
November 7, 2023, 6:21 AM MST
While Cenovus Energy Inc. won’t release its officials 2024 capital budget until next month, company officials expect it to be in the same range as this year at somewhere between $4.5-$5 billion.
November 3, 2023, 12 AM MDT
ARC Resources Ltd. expects to spend between $1.75 to $1.85 billion in 2024 to maintain production in the 350,000 to 360,000 boe/d as it advances its Attachie project in northeastern B.C.
November 3, 2023, 6:42 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.