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
ConocoPhillips’s Canadian unit today reported positive earnings for the year, reversing a loss from last year.
February 3, 2022, 7:14 AM MST
Enerplus Corporation’s fourth quarter 2021 total production was 128,000 boe/d, which was at the high-end of the company's guidance of 124,500 to 128,500 boe/d.
February 2, 2022, 3:24 PM MST
Athabasca Oil Corporation announced a $32 million (US$25 million) term note repayment.
February 2, 2022, 3:34 PM MST
Headwater Exploration Inc. announced an increase in the 2022 capital budget from $120 million to $145 million to allow for the drilling of newly acquired exploration prospects.
February 1, 2022, 3:20 PM MST
Crew Energy Inc. established a new production record with average volumes estimated at 32,600 boe/d in December 2021.
January 31, 2022, 5:23 AM MST
January 28, 2022, 8:52 AM MST
Ferrier will continue to be the core area of focus for Petrus Resources Ltd. as the company moves through 2022 and executes a $50-55 million dollar capital budget.
January 28, 2022, 5:58 AM MST
Murphy Oil Corporation plans to spend 16 per cent, or US$140 million, of its $840 million to $890 million 2022 capital plan in Canada onshore across the Tupper Montney and Kaybob Duvernay operations.
January 27, 2022, 9:50 AM MST
TransGlobe Energy Corporation outlined a 2022 capital budget of $57.7 million, before capitalized G&A.
January 27, 2022, 12 AM MST
Obsidian Energy Ltd. has outlined a 2022 capital plan of $143–$149 million, plus an additional $14 million in decommissioning expenditures.
January 24, 2022, 6:15 AM MST
January 20, 2022, 12 AM MST
Birchcliff Energy Ltd. has outlined a 2022 capital spending budget of $240 million-$260 million.
January 19, 2022, 2:23 PM MST
Rubellite Energy Inc. recorded fourth quarter oil sales production of 647 bbls/d, in line with the fourth quarter guidance range of 650 – 700 bbl/d, despite extremely cold weather conditions in late December which hindered trucking to sales, new well startups and field operations generally.
January 19, 2022, 12 AM MST
Hemisphere Energy Corporation’s board of directors has approved a 2022 capital expenditure program of $9 million.
January 18, 2022, 6:33 AM MST
Tamarack Valley Energy Ltd. has set its 2022 capital budget at $250–$270 million, a spending level designed to achieve significant free funds flow and generate annual production of 45,000–46,000 boe/d.
January 13, 2022, 10:39 AM MST
Tamarack Valley Energy Ltd. says its updated five-year plan is underpinned by significant free cash flow generation and modest but sustainable annual production growth.
January 13, 2022, 10:50 AM MST
Kiwetinohk Energy Corp. has set a 2022 capital expenditures budget of $210–$240 million (subject to commodity prices after hedging), including $10–$20 million allocated to green energy.
January 12, 2022, 9:33 AM MST
InPlay Oil Corp. has approved a $58 million capital program for 2022, which is forecasted to deliver 2022 average production of 8,900–9,400 boe/d — 62–63 per cent light oil and liquids.
January 12, 2022, 10:41 AM MST
Given a strong commodity price outlook and an expected continued rebound in demand, Canadian Natural Resources Limited is targeting total capital expenditures of approximately $4.3 billion in 2022, an increase from estimated spending of $3.48 billion last year.
January 11, 2022, 11:21 AM MST
NuVista Energy Ltd. says it achieved record production in Q4/2021 with the continued startup of new production from multi-well pads in Pipestone North and Elmworth, reaching a quarterly average of just over 60,000 boe/d based on field estimates.
January 11, 2022, 8:08 AM MST
Kiwetinohk Energy Corp. says its 2022 capital program includes the drilling of 11 gross wells and completing, and connecting 10 gross wells for production, while continuing work toward final investment decisions on power and hydrogen projects.
January 10, 2022, 7:36 AM MST
Imperial Oil Limited’s capital spending is forecast at $1.4 billion for 2022, reflecting continued capital discipline and efficient project execution, the company announced this morning.
December 17, 2021, 6:02 AM MST