Despite a slight dip in year-over-year Q4 production volumes, Imperial Oil Limited more than doubled earnings while cash flow was up by more than $1 billion, during a period in which president and CEO Brad Corson said the company “set numerous records” in both operating and financial results.
January 31, 2023, 11:17 AM MST
January 31, 2023, 5:35 AM MST
Razor Energy Corp.’s production averaged 4,514 boe/d, an increase of 27 per cent from Q3 2021 and four per cent from Q2 2022.
November 25, 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
Multiple factors played a role in Pieridae Energy Limited recording a year-over-year pullback in production during the three-month span ending Sept. 30 2022, says the company’s president.
November 15, 2022, 12 AM MST
Vermilion Energy Inc. says the performance of its first Montney pad at Mica will provide information on the reservoir deliverability and assist in planning for future development as the company awaits resolution of the Blueberry River First Nations permitting for its British Columbia lands.
November 14, 2022, 10:15 AM MST
Rubellite Energy Inc. plans to spend approximately $33.0 to $41.0 million to continue its two-rig drilling program through to the end of the first quarter of 2023 to drill, complete, equip and tie-in 17 (14.9 net) multilateral horizontal development/infill wells at Figure Lake and Marten Hills and to execute its four to six (3.0 to 4.0 net) well northern exploration program.
November 14, 2022, 12 AM MST
Natural gas led an overall year-over-year upswing in sales volumes for Kiwetinohk Energy Corp. during the third quarter of 2022, as the company continued to leverage favourable Chicago market prices.
November 14, 2022, 6 AM MST
Tenaz Energy Corp. announced a capital budget of $16 - $18 million for 2023.
November 14, 2022, 9:04 AM MST
Consistent with prior periods, Kakwa continued to account for 80 per cent of Questerre Energy Corporation’s corporate production.
November 14, 2022, 8:36 AM MST
MEG Energy Corp.’s president and CEO Derek Evans doesn’t expect the current wide WCS-WTI differentials to last.
November 10, 2022, 12 AM MST
Peyto Exploration & Development Corp. third quarter output increased 16 per cent year-over-year as an increased capital expenditure program and strong drilling results helped boost volumes.
November 10, 2022, 10:49 AM MST
Pine Cliff Energy Ltd. approved an increase in its 2022 capital expenditure budget from $29.5 million to $31.5 million.
November 10, 2022, 12 AM MST
Petrus Resources Ltd.’s board of directors has approved a capital budget for 2023 of $130 million to $135 million.
November 10, 2022, 12 AM MST
Kelt Exploration Ltd. announced an initial capital expenditure budget of $310.0 million for 2023.
November 10, 2022, 8:52 AM MST
The third quarter of 2022 was the most active drilling period in Saturn Oil & Gas Inc.’s history.
November 10, 2022, 12 AM MST
InPlay Oil Corp. began its fourth quarter capital program drilling one (0.95 net) ERH well in Willesden Green which was brought on production in late October and is flowing without artificial lift and the start of drilling operations with its first two (2.0 net) Belly River wells.
November 10, 2022, 12 AM MST
Ovintiv Inc.’s full year capital investment is expected to total approximately $1.8 billion, at the high end of the previous capital guidance range.
November 9, 2022, 8:05 AM MST
Strong oil and gas prices heading into 2023, combined with disadvantaged hedges ending at year-end 2022, should result in Ovintiv Inc. enjoying a free cash flow windfall in 2023, executive VP and chief financial officer Corey Code told analysts at the company’s third quarter conference call Wednesday.
November 9, 2022, 12:34 PM MST
During and subsequent to the end of the third quarter, NuVista Energy Ltd. reached a number of new milestones that reflect the repeatable and profitable nature of its business plan, the company said in its Q3 results.
November 9, 2022, 7:24 AM MST
Pipestone Energy Corp. is increasing its capital expenditure guidance for 2022, from $225 - $235 million to an estimate of $240 million.
November 9, 2022, 7:48 AM MST
Spartan Delta Corp. Q3 2022 production averaged 72,134 boe/d (39 per cent liquids), up 56 per cent compared to 46,282 boe/d (32 per cent liquids) in Q3 2021, with crude oil production increasing seven per cent compared to Q2 2022.
November 9, 2022, 12 AM MST
Birchcliff Energy Ltd.’s F&D capital expenditures were $85.3 million in Q3 2022, which included drilling eight (8.0 net) wells and bringing 19 (19.0 net) wells on production.
November 9, 2022, 2:25 PM MST
Obsidian Energy Ltd. has bumped up its capital expenditure range.
November 8, 2022, 7 AM MST
Perpetual Energy Inc.'s board of directors approved a capital budget of $29–$32 million for 2023, including $5–$7 million to be spent in the first quarter for pipeline infrastructure and to drill two (1.0 net) wells at East Edson.
November 8, 2022, 12 AM MST
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