ConocoPhillips’s Canadian unit reversed a net loss from last year in the second quarter, and reported higher production during the three-month period.
August 3, 2021, 8:40 AM MDT
August 3, 2021, 12 AM MDT
Imperial Oil Limited’s upstream production for the second quarter averaged 401,000 gross boe/d, the company’s highest second quarter production in over 25 years.
July 30, 2021, 8:24 AM MDT
Flush with free cash flow, Topaz Energy Corp. is on the hunt to build out its ever-expanding royalty and infrastructure business.
July 30, 2021, 10:44 AM MDT
ARC Resources Ltd. expects production in the second half of 2021 to average 335,000–350,000 boe/d (the company says it will be “approximately” 340,000 boe/d), with a revised forecast for full-year average production of 287,000–302,000 boe/d.
July 30, 2021, 9:16 AM MDT
At Glacier, the continued outperformance of new wells and available capacity in the Advantage Energy Ltd.-owned and operated Glacier Gas Plant provide flexibility to increase production while natural gas prices remain elevated.
July 30, 2021, 12 AM MDT
Obsidian Energy Ltd. reported improved financial results in Q2.
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
Gear Energy Ltd. reported higher funds flow in the second quarter, while its net loss narrowed and production rose.
July 30, 2021, 12 AM MDT
July 30, 2021, 8:59 AM MDT
July 30, 2021, 8:51 AM MDT
July 30, 2021, 12 AM MDT
Cenovus Energy Inc. says vastly improved market conditions, its integrated model and the positive impacts of its acquisition of Husky Energy Inc. spurred on strong Q2 financial and operational results that saw the company turn a profit of $224 million versus a loss of $235 million a year earlier.
July 29, 2021, 10:28 AM MDT
Suncor Energy Inc. has provided new 2021 guidance for Fort Hills production and cash operating costs as the company undertakes additional work to maintain slope integrity on the south side of the mine.
July 29, 2021, 10:37 AM MDT
Whitecap Resources Inc. has increased its 2022 preliminary production outlook to 122,000 boe/d, incorporating the acquisition of a private company with operations in southeastern Saskatchewan, but the preliminary capital spending outlook remains between $560 million and $580 million for the year.
July 29, 2021, 8:34 AM MDT
July 29, 2021, 12 AM MDT
July 29, 2021, 9:07 AM MDT
Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
Crescent Point Energy Corp. has increased its 2021 annual average production guidance to 130,000–134,000 boe/d, up from its prior range of 128,000–132,000 boe/d.
July 28, 2021, 11:14 AM MDT
Yangarra Resources Ltd. has increased its capital budget to $85 million from $60 million, which will keep one drilling rig fully utilized for the balance of the year.
July 28, 2021, 2:58 PM MDT
As a result of its strong operating performance through the first half of 2021, Baytex Energy Corp. is increasing its production guidance to 79,000 to 80,000 boe/d, up from 77,000 to 79,000 boe/d, previously.
July 28, 2021, 4:20 PM MDT
July 28, 2021, 11:05 AM MDT
Teck Resources Limited’s 21.3 per cent share of bitumen production from Fort Hills decreased by four per cent in the second quarter to 17,806 bbls/d compared to the same period in 2020.
July 27, 2021, 12 AM MDT
Fresh off a strong second quarter performance on both the operational and financial fronts, MEG Energy Corp. is increasing its 2021 production and capital expenditure guidance.
July 23, 2021, 8:38 AM MDT
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