January 23, 2020, 7:49 AM MST
January 21, 2020, 10:30 AM MST
January 17, 2020, 9:06 AM MST
Based on expected ranges of certain financial and operating data for the three months and year ended Dec. 31, 2019, MEG Energy Corp. says it expects achieving results in line with its previously disclosed guidance for the year.
January 16, 2020, 9:27 AM MST
January 6, 2020, 7:32 AM MST
December 20, 2019, 8 AM MST
Non-operated production interruptions in the Swan Hills and Kaybob areas in the third quarter of 2019 adversely affected Razor Energy Corp. production which was down 17 per cent from the previous year.
December 2, 2019, 9:29 AM MST
Highwood Oil Company Ltd. says it drilled three (1.5 net) wells in the Clearwater play at Nipisi in the third quarter of 2019 with another three (1.5 net) rig released subsequent to Sept. 30, 2019.
November 28, 2019, 10:21 AM MST
Acceleware Ltd. is continuing to look for other potential test sites and partners for its commercial-scale test pilot of its of patent-pending RF XL heating technology while waiting for regulatory approval.
November 28, 2019, 2:15 PM MST
Leucrotta Exploration Inc. says it has been able to materially derisk a large light oil resource in the Lower Montney over a minimum of 140 net sections of land.
November 27, 2019, 9:38 AM MST
Cardinal Energy Ltd. increased its capital budget to $62 million, from $52 million to start a multi-well drilling program fulfilling land earning farm-in commitments late in the third quarter.
November 27, 2019, 6 AM MST
Macro Enterprises Inc. anticipates its full-year 2019 revenue to exceed $400 million, based on core construction activity levels, North Montney Mainline pipeline project clean-up, Groundbirch and Saturn compressor station work, as well as construction proceeding on the Coastal GasLink and Trans Mountain pipeline expansion projects.
November 22, 2019, 10:12 AM MST
Shawcor Ltd. saw little improvement in the western Canadian market during the third quarter, with continuing depressed demand for the company’s products and services for that region.
November 18, 2019, 10:35 AM MST
Cequence Energy Ltd. completed scheduled turnarounds at two facilities reducing its third quarter production by approximately 365 boe/d.
November 18, 2019, 10:20 AM MST
Questor Technology Inc. attributes its strong Q3 2019 results to the company’s efforts in securing sales contracts from Mexico, Texas and northeastern British Columbia.
November 18, 2019, 2:56 PM MST
Questerre Energy has reported a net profit of $1.33 million for the third quarter of 2019 compared to a loss of $2.02 million in the comparable 2018 period and a loss of $1.7 million year-to-date (2018-$1.39 million loss).
November 18, 2019, 3:08 PM MST
CES Energy Solutions Corp.’s third quarter results demonstrate how significant exposure to steady production chemical end-markets (particularly in the U.S.) allows for higher volume sales across a prudent cost structure, says management, thus generating significant free cash flow through a recurring revenue stream.
November 15, 2019, 11:44 AM MST
Birchcliff Energy Ltd. is currently in the process of finalizing its capital spending plans for 2020.
November 15, 2019, 7:33 AM MST
Prairie Provident Resources Inc. has deferred plans to drill one well to the first quarter of 2020 due to the widening of the WCS differentials.
November 15, 2019, 10:11 AM MST
Wells drilled on Freehold Royalty Ltd.’s royalty lands totalled 181 (6.1 net) in the quarter compared to 175 (6.3 net) in Q3 2018.
November 14, 2019, 8:28 AM MST
Zargon Oil & Gas Ltd. says it remains committed to reducing its inactive well count in order to facilitate possible business combinations with other small producers.
November 14, 2019, 8:47 AM MST
Pipestone Energy Corp. is forecast to complete the previously disclosed scope of its 2019 capital program well under its capital guidance range of $145 to $155 million.
November 14, 2019, 9:08 AM MST
Tidewater Midstream and Infrastructure Ltd. says it has decided to delay the expansion at Pipestone (Pipestone Plant 2) “until further notice” and plans to deploy “limited growth capital” in 2020 and focus on optimization and small capital projects with two to three year payouts.
November 14, 2019, 10:37 AM MST
Bellatrix Exploration Ltd. said that on Nov. 8, 2019, the Toronto Stock Exchange (TSX) delisted the common shares of Bellatrix as a result of the company’s initiation of creditor protection proceedings, as previously announced on Oct. 2, 2019.
November 14, 2019, 10:33 AM MST
Capital investment for Storm Resources Ltd. in 2020 is expected to be $75–$90 million (previous estimate was $80 million), which will be approximately equal to estimated funds flow at current strip pricing.
November 13, 2019, 8:36 AM MST