In Canada, Cathedral Energy Services Ltd. was the most active directional drilling provider in 2024 Q1, reported the company in its Q4 results, with some of the highest job counts achieved in the company's history.
March 27, 2024, 6:30 AM MDT
Petrus Resources Ltd.’s total average annual production increased by 35 per cent to 10,301 boe/d in 2023, compared to 7,604 boe/d in 2022, in line with 2023 production guidance.
March 27, 2024, 6:01 AM MDT
Perpetual Energy Inc.’s production guidance is between 4,300 and 4,600 boe/d, with capital spending of $1.0 million.
March 26, 2024, 12 AM MDT
AKITA Drilling Ltd. reported 2023 net earnings of $18.42 million, compared to $4.29-million in 2022, an increase of 329 per cent year over year and a return to a positive retained earnings balance.
March 22, 2024, 12 AM MDT
Greenfire Resources Ltd. says it continues to build on positive production results and impactful initial contributions in Q4 2023 from the company's redevelopment infill (refill) drilling program and facility optimization initiatives at its Hangingstone Expansion and Demo assets.
March 21, 2024, 9:12 AM MDT
Pieridae Energy Limited’s Goldboro LNG sales process is expected to conclude in the first half of 2024 and, once complete, will mark the conclusion of Pieridae’s strategic pivot away from East Coast LNG and toward an Alberta-focused natural gas production and processing business.
March 21, 2024, 11:16 AM MDT
Logan Energy Corp. successfully executed on its exploration and development capital expenditure program spending $74.1 million during the second half of 2023, in line with budgeted capital expenditures before A&D of $75.0 million for the period.
March 21, 2024, 12 AM MDT
March 21, 2024, 12 AM MDT
Last year was a transformational one for Source Rock Royalties Ltd., with the company busy on the deal front.
March 20, 2024, 6:12 AM MDT
Cardinal Energy Inc.’s capital expenditures for the fourth quarter were $41.3 million, consisting of $3.5 million on recompletions and workovers throughout its operating areas combined with $7.9 million on facilities and infrastructure upgrades.
March 18, 2024, 12 AM MDT
Stampede Drilling Inc. is on pace for another strong start to the year, as it has consistently run 16 out of its 19 rig fleet throughout the first few months of 2024.
March 18, 2024, 12 AM MDT
Calfrac Well Services Ltd. says 2024 has gotten off to a tepid start for its North American segment and the company could defer some planned spending in the coming months as a result.
March 15, 2024, 12 AM MDT
Rubellite Energy Inc. rig released a total of 11 (11.0 net) wells in its two-rig, fourth quarter development drilling program at Figure Lake.
March 15, 2024, 9:08 AM MDT
March 15, 2024, 8 AM MDT
STEP Energy Services Ltd. says Canadian activity levels have been strong in Q1, particularly for the fracturing service line which is seeing high utilization across the six active crews.
March 13, 2024, 12 AM MDT
FLINT Corp.’s revenues for the year ended Dec. 31, 2023 were $655.7 million, representing an increase of $51.1 million or 8.4 per cent from 2022.
March 13, 2024, 6 AM MDT
Daniel Halyk, president and chief executive officer of Total Energy Services Inc., called 2023 a solid year for the company, with record cash flows.
March 12, 2024, 12 AM MDT
While fourth quarter of 2023 production at Kiwetinohk Energy Corp. was flat year-over-year, it was a banner year overall for output.
March 8, 2024, 12 AM MST
Peyto Exploration & Development Corp. reported funds flow from operations of $670 million in 2023, the third highest in company history.
March 8, 2024, 9:39 AM MST
Crew Energy Inc. reported production of 30,178 boe/d in 2023, down slightly from 33,277 boe/d the previous year.
March 8, 2024, 4:59 AM MST
Kelt Exploration Ltd.’s average production for the three months ended Dec. 31, 2023 was 32,344 boe/d, up 15 per cent compared to average production of 28,036 during the fourth quarter of 2022.
March 8, 2024, 12 AM MST
NCS Multistage Holdings, Inc.’s total revenues were $142.5 million for 2023, compared to $155.6 million in 2022.
March 8, 2024, 6 AM MST
Increased well productivity, combined with gas market diversification, helped Tourmaline Oil Corp. deliver net earnings of slightly under $1.74 billion in 2023, despite low gas prices throughout the year.
March 7, 2024, 7:34 AM MST
Yangarra Resources Ltd. continues to refine its drilling approach resulting in a dramatic reduction in drilling times and drilling costs.
March 7, 2024, 5:12 AM MST
Michael Belenkie, president and CEO of Advantage Energy Ltd., called the company’s 2023 results “exceptional” citing record production, record well results, and continued significant share buybacks, with the year ending well below the company’s net debt target.
March 6, 2024, 6 AM MST
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