During the third quarter, Hemisphere Energy Corporation completed the majority of its planned 2023 capital expenditure program.
November 23, 2023, 12 AM 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
Gear Energy Ltd. has set a 2024 capital budget of $57 million.
November 10, 2023, 12 AM MST
During the third quarter Gear Energy Ltd. announced the start of a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value.
November 10, 2023, 12 AM MST
With ongoing positive results from Gear Energy Ltd.’s summer drilling program, production has grown steadily through September.
September 28, 2023, 12 AM MDT
Cardinal Energy Ltd.’s average production volumes of 21,047 boe/d were negatively impacted by approximately 700 boe/d due to short-term shut-in production associated with forest fires in northern Alberta in the second quarter.
July 28, 2023, 12 AM MDT
The bubbles on conventional foam used as a diversion fluid during injections for applications such as enhanced oil recovery were flagged by an Alberta researcher as a weak spot.
June 2, 2023, 12 AM MDT
Crescent Point Energy Corp. says its growing utilization of multilateral drilling on some of its Saskatchewan-based assets is paying dividends and extending the life of plays like the Viewfield Bakken, analysts on a Q1 results conference call heard Friday.
May 15, 2023, 6 AM MDT
Canadian Natural Resources Limited continues to advance its strategic growth plan for its thermal in situ, and production in Q4/23 is targeted to average approximately 280,000 bbls/d, representing growth of approximately 30,000 bbls/d from fourth quarter 2022 levels, inclusive of natural field declines.
May 5, 2023, 12 AM MDT
This is a story with a lot of moving parts, both literally and figuratively.
March 9, 2023, 6 AM MST
Canadian Natural Resources Limited’s top executive says the company is slowly progressing its Clearwater heavy oil play at Smith and continues to learn as it does so.
March 3, 2023, 12 AM MST
In 2022, Hemisphere Energy Corporation invested $18.4 million to drill 13 wells, implement a polymer-surfactant flood in the Upper Mannville F oil pool, upgrade facilities in Atlee Buffalo, purchase land and seismic, and pre-purchase some of the materials for its 2023 drilling program.
February 16, 2023, 7:22 AM MST
Tamarack Valley Energy Ltd. plans to invest capital of $425 to $475 million in 2023, funded entirely through adjusted funds flow and equal to approximately 50 to 60 per cent of total 2023 adjusted funds flow at budget pricing of US$80/bbl WTI and C$4/GJ AECO.
December 7, 2022, 12 AM MST
Hemisphere Energy Corporation’s funds flow from operations of $10.6 million in Q3 2022 was a 162 per cent increase over the comparable period in 2021.
November 17, 2022, 12 AM MST
Cardinal Energy Ltd. announced a 2023 capital budget of $97 million.
November 9, 2022, 12 AM MST
Canadian Natural Resources Limited continues to grow its Clearwater heavy oil play and says the asset competes well for capital within the company’s vast portfolio.
November 4, 2022, 12 AM MDT
October 11, 2022, 5:56 AM MDT
The province of Saskatchewan is continuing to lobby the federal government to include CO2 enhanced oil recovery (EOR) as part of its carbon capture, utilization and storage (CCUS) strategy and fiscal/policy framework, attendees of a Canadian Society for Unconventional Resources (CSUR) Saskatchewan Day virtual event heard this week.
September 29, 2022, 12 AM MDT
Free Rein Resources has closed a financing agreement for its operations in the Golden Spike area southwest of Edmonton.
September 22, 2022, 12 AM MDT
Hemisphere Energy Corporation completed construction of its new injection plant at the Atlee Buffalo F pool battery during the summer and moved into the early stages of tertiary recovery for the pool in August.
September 22, 2022, 7:30 AM MDT
For the second half of 2022, Prairie Provident Resources Inc. expects to focus on reactivations, recompletions and optimization projects while following up on its successful 2021 drilling program in the Princess area, by drilling one (1.0 net) Glauconite formation well.
August 8, 2022, 9:53 AM MDT
Backstopped by strong operational performance, an active drilling program and record natural gas output, Canadian Natural Resources Limited boosted Q2 output six per cent from the second quarter of 2021.
August 4, 2022, 10:45 AM MDT
New highs from the Lloydminster, Saskatchewan area Onion Lake Thermal project helped drive a banner quarter for production by International Petroleum Corporation (IPC) last quarter.
August 4, 2022, 7:07 AM MDT
The Alberta Energy Regulator (AER) has received an application from Suncor Energy Inc. for an Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH) project.
June 15, 2022, 9:17 AM MDT
Saskatchewan remains important for Crescent Point Energy Corp., even as the company increases its Alberta focus following last year’s Kaybob Duvernay acquisition, says president and chief executive officer Craig Bryksa.
May 20, 2022, 12 AM MDT