Crew Energy Inc. says its natural gas market diversification strategy resulted in a premium price to AECO.
August 2, 2018, 8:33 AM MDT
Athabasca Oil Corporation increased its 2018 capital budget by $45 million to reflect continued activity in the Montney at Placid through the second half of 2018.
August 2, 2018, 7:03 AM MDT
Service companies hoping Encana Corporation would immediately boost spending will be disappointed.
August 1, 2018, 11:45 AM MDT
Painted Pony Energy Ltd.’s adjusted funds flow increased 116 per cent to $39.1 million compared to $18.1 million during the second quarter of 2017.
August 1, 2018, 3:15 AM MDT
Raging River Exploration Inc. continues to “prudently and methodically” advance the evaluation of the emerging Duvernay light oil play in central Alberta.
August 1, 2018, 3:11 AM MDT
After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.
August 1, 2018, 10:23 AM MDT
Baytex Energy Corp. is doing its part to contribute to record levels of western Canadian crude being shipped to market via rail.
July 31, 2018, 10:54 AM MDT
Vermilion Energy Inc.’s second quarter Canadian output increased 37 per cent to 43,817 boe/d from the previous quarter as additional volumes associated with the company’s $1.4 billion acquisition of Spartan Energy Corp. earlier this year padded results.
July 30, 2018, 10:11 AM MDT
Higher oil prices and increased output helped Imperial Oil Limited post second quarter net earnings of $196 million, or 24 cents per diluted share, versus a net loss of $77 million, or nine cents a share, in the same period last year.
July 27, 2018, 10:46 AM MDT
Cenovus Energy Inc. CEO Alex Pourbaix asked investors for patience on Thursday as the company works on an agreement to ship large volumes of its crude by rail in order to manage ongoing market access issues.
July 26, 2018, 11:08 AM MDT
Crescent Point Energy Corp.’s search for a new president and CEO to replace Scott Saxberg continues in the face of pressure from a disgruntled shareholder, who says transparency in that effort and the company’s go-forward plan has been lacking.
July 26, 2018, 11:33 AM MDT
Suncor Energy Inc. generated record second quarter cash flow with funds from operations of $2.9 billion and operating earnings of $1.2 billion even with the most significant turnaround maintenance schedule in its history.
July 26, 2018, 10:39 AM MDT
Weak natural gas pricing and volumes weighed on PrairieSky Royalty Ltd. results for the second quarter and first half of 2018, leading to lower revenues, funds from operations and earnings than in the comparable 2018 periods.
July 24, 2018, 9:08 AM MDT
May 31, 2018, 10:14 AM MDT
May 30, 2018, 9:49 AM MDT
Strategic Oil & Gas Ltd.’s new top brass sees “extraordinary opportunity to realize value” from company assets, but doing so will require setting some priorities over the next couple of months.
May 25, 2018, 8:57 AM MDT
Razor Energy Corp. says it has completed its four-well development program at Kaybob but until the results can be better understood the capital allocated to drilling the remaining four wells in the 2018 budget has been reallocated to the well reactivation program.
May 22, 2018, 7:39 AM MDT
While western Canadian natural gas has struggled in recent years as production has outpaced the market’s ability to absorb it, the chief executive of Storm Resources Ltd. is still optimistic about the long-term outlook.
May 17, 2018, 6:14 AM MDT
Higher natural gas sales along with lower transportation costs contributed to improved cash flow, sales and net income for Corridor Resources Inc.
May 17, 2018, 10:10 AM MDT
On May 1, 2018, Cequence Energy Ltd. sold approximately 145 boe/d (90 per cent gas) in the Gordondale area of Alberta for $1.5 million.
May 16, 2018, 7:16 AM MDT
Zargon Oil & Gas Ltd. saw a net loss of $4.33 million in Q1 2018, which is 702 per cent deeper into the red than during the same three-month period last year, largely due to higher royalties, operating expenses and a loss on realized and unrealized derivatives.
May 16, 2018, 9:17 AM MDT
Iron Bridge Resources Inc. narrowed its first quarter net loss to $1.15 million, or one cent per diluted share, from $2.76 million, or two cents per diluted share, in the same period last year.
May 15, 2018, 10:44 AM MDT
Traverse Energy Ltd.’s first quarter production decreased from the prior year period as no new production was added so far in 2018.
May 15, 2018, 8:56 AM MDT
Raging River Exploration Inc. reports that its syndicate of lenders has reviewed and unanimously reaffirmed on similar terms the company’s borrowing base at $500 million.
May 15, 2018, 8:50 AM MDT
Obsidian Energy Ltd.’s first quarter results were hurt by hedging losses, wide differentials, cold weather downtime, third-party maintenance and operational delays.
May 14, 2018, 6 AM MDT