Hemisphere Energy Corporation has completed its successful drilling operations in the Atlee Buffalo area of southeast Alberta.
December 20, 2021, 6:07 AM MST
Innovation Saskatchewan will provide $24,000 in funding for an enhanced oil recovery and in-situ processes research team to validate a direct steam-generation project for EOR purposes in the province’s Viking formation.
December 14, 2021, 7:20 AM MST
Cardinal Energy Ltd. expects a 2022 $70 to $80 million capital program which includes drilling and completion of 18 wells.
November 5, 2021, 12 AM MDT
Canadian Natural Resources Limited is constantly looking for enhancements to reduce its energy use, says Tim McKay, president, especially in light of higher commodity prices.
November 4, 2021, 12:46 PM MDT
The Saskatchewan government announced that pipelines transporting carbon dioxide (CO2), whether for carbon capture utilization and storage (CCUS) or enhanced oil recovery (EOR), are now eligible for the provincial Oil Infrastructure Investment Program (OIIP).
November 4, 2021, 10:52 AM MDT
International Petroleum Corporation says third quarter net production from its Canadian assets was above the high end of guidance at 39,600 boe/d with continued strong performance and high production uptime at all the oil and gas producing assets.
November 2, 2021, 10:10 AM MDT
Oilfield service costs will be of interest across the energy sector as companies prepare for what should be a fairly busy first quarter in 2022, says Brian Schmidt, president and chief executive officer, Tamarack Valley Energy Ltd.
October 28, 2021, 1:06 PM MDT
Federated Co-operatives Limited (FCL) will invest $510 million to cut refinery and ethanol plant emissions in a deal with Whitecap Resources Inc. to sequester nearly 500,000 tonnes of CO2 per annum at its Weyburn Unit, the single largest anthropogenic carbon storage project in the world.
October 21, 2021, 9:41 AM MDT
Hemisphere Energy Corporation has started a three-well drilling program in the Atlee Buffalo G pool, in southeast Alberta.
September 15, 2021, 7:11 AM MDT
September 14, 2021, 12 AM MDT
Enerplus Corporation announced a 15 per cent increase in its quarterly cash dividend.
August 6, 2021, 7:01 AM MDT
The application of Cenovus Energy Inc.’s operating techniques at the legacy Husky Energy Inc. Lloydminster thermal projects acquired at the beginning of this year resulted in record quarterly production of 97,700 bbls/d despite turnarounds at several of the operations.
July 30, 2021, 12 AM MDT
Cardinal Energy Ltd.’s second quarter production of 17,949 boe/d was five per cent higher than the same period in 2020.
July 30, 2021, 6 AM MDT
Hemisphere Energy Corporation has started the injection of polymer into its Atlee Buffalo Upper Mannville G pool.
June 29, 2021, 2:42 PM MDT
Cardinal Energy Ltd. is hiking its capital budget to $46 million from $27 million.
May 14, 2021, 6:12 AM MDT
Enerplus Corporation’s board of directors approved a 10 per cent increase to the company's dividend to 3.3 cents per share paid quarterly, from one-cent per share paid monthly previously.
May 6, 2021, 3:09 PM MDT
Hemisphere Energy Corporation said it has made significant progress on construction work at its G pool facility that will allow the company to convert its currently active waterflood into a polymer flood.
May 6, 2021, 7:36 AM MDT
With market conditions for oil and gas producers continuing to improve during the first months of 2021 and positive construction progress on oil pipeline egress, International Petroleum Corporaton (IPC) is ready to capitalize on Canadian acquisitions and ramp up production if momentum continues.
May 5, 2021, 1:06 PM MDT
Following the acquisition of Anegada Oil Corp., Tamarack Valley Energy Ltd. expects to spend $165 – $175 million for 2021, up from the previous estimate of $125 – $130 million.
May 5, 2021, 12 AM MDT
As commercial SAGD production enters its 20th year of production in northern Alberta, solvents are emerging as the next commercial advance to tackle the sector’s high emissions intensity bitumen production while cutting costs.
April 15, 2021, 12 AM MDT
During the first quarter of 2021, Hemisphere Energy Corporation has seen an overall increase in production from its fourth quarter injector conversions.
March 31, 2021, 7:26 AM MDT
Since its inception less than two years ago, Headwater Exploration Inc. hasn’t wasted any time in becoming one of the dominant players in the Clearwater heavy oil play and, more specifically, the Marten Hills region.
March 24, 2021, 12 AM MDT
The first quarter of 2021 has been very active to date for Headwater Exploration Inc.
March 11, 2021, 5:51 AM MST
Hemisphere Energy Corporation’s capital spending for 2020 was minimal at $1.5 million, with the remainder of funds flow allocated to debt repayment.
February 10, 2021, 8:57 AM MST
The recovery of International Petroleum Corporation’s (IPC) Canadian oil production continued during the fourth quarter resulting in full-year net production averaging in excess of 42,000 boe/d.
February 9, 2021, 10:36 AM MST
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