October 27, 2023, 6:12 AM MDT
Whitecap Resources Inc. hit its $1.3 billion debt target in the third quarter of 2023, with the company now promising to deliver 75 per cent of free cash flow to shareholders through its base dividend and share buybacks, the company reported.
October 26, 2023, 8:06 AM MDT
Increased output from its Clearwater and Charlie Lake assets helped Tamarack Valley Energy Ltd. deliver Q3 production of 68,597 boe/d, the highest quarterly production in company's history and a 58 per cent year-over-year increase.
October 26, 2023, 10:33 AM MDT
PrairieSky Royalty Ltd. reported 246 wells spud on its royalty properties in Q3, including 238 oil wells with activity focused in the Clearwater, Mannville Stack and Viking plays.
October 26, 2023, 12 AM MDT
October 26, 2023, 11:04 AM MDT
October 26, 2023, 5:26 AM MDT
October 26, 2023, 8:40 AM MDT
Pulse Seismic Inc.’s total revenue was $5.1 million for the three months ended Sept. 30, 2023 compared to $2.2 million for the same stretch last year.
October 25, 2023, 6:10 AM MDT
As a result of the reduced industry activity in the third quarter of 2023 caused by lower commodity prices in the first eight months of the year, Western Energy Services Corp. has reduced its capital budget for 2023 to $25 million, which represents a decrease of $5 million from Western's previous capital budget of $30 million.
October 24, 2023, 3:27 PM MDT
October 24, 2023, 12 AM MDT
October 20, 2023, 9:48 AM MDT
October 19, 2023, 10:23 AM MDT
October 6, 2023, 12 AM MDT
October 6, 2023, 12 AM MDT
Trans Mountain Corporation (TMC) says construction of the pipeline expansion project is 94 per cent mechanically complete, as of Aug. 19, with approximately 42 kilometres of pipe left to install.
September 1, 2023, 7:51 AM MDT
Source Rock Royalties Ltd. posted a quarterly record in royalty production of 206 boe/d in the second quarter of 2023. This production represents a 23 per cent increase over the same period one year earlier.
August 31, 2023, 9:30 AM MDT
Divergent Energy Services Corp. has released its 2023 financial results for the three-month period ending June 30, with revenues down compared with the same period in 2022.
August 31, 2023, 9:46 AM MDT
Highwood Asset Management Ltd. says its focus in Q2 was on the “transformational acquisitions” that the company announced early in the third quarter of 2023 and the corresponding financing.
August 30, 2023, 8:51 AM MDT
Production volumes for Razor Energy Corp. averaged 3,448 boe/d in the second quarter of 2023, marking a 20 per cent reduction compared to the same time last year.
August 30, 2023, 10:24 AM MDT
August 30, 2023, 5:56 AM MDT
August 30, 2023, 5:46 AM MDT
Clearview Resources Ltd.’s first half 2023 production was down 21 per cent to 1,622 boe/d versus the comparative period last year.
August 30, 2023, 9:05 AM MDT
New Stratus Energy Inc., says confirmatory due diligence has ended and the company is in negotiations on a definitive agreement to acquire operatorship and a high working interest in a light oil production block in Mexico.
August 29, 2023, 7:55 AM MDT
Prairie Provident Resources Inc. will “continue to pursue the divestiture of non-core assets” and other transactions to further reduce debt and to create financial flexibility to allow the company to pursue a low-risk, low-cost capital property development program.
August 28, 2023, 8:47 AM MDT
Montney-focused Coelacanth Energy Inc. says it made “significant strides” during Q2 in advancing its Two Rivers project, which spans company’s 150 contiguous sections of Montney lands and is divided up geographically into two projects — Two Rivers West (TRW) and Two Rivers East (TRE).
August 24, 2023, 9:18 AM MDT
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