Tourmaline Oil Corp. finished the three-month span ending June 30, 2022 with records in both cash flow and free cash flow.
July 28, 2022, 2 PM MDT
Athabasca Oil Corporation is increasing its financial forecasts for 2022 based on strong operational performance and updated pricing assumptions.
July 28, 2022, 12 AM MDT
After completing a review of the impact of inflationary factors as well as land expenditures to date, Surge Energy Inc. has increased its estimate for 2022 expenditures on property, plant, and equipment by approximately 12 per cent, as compared to the company's original budget released on Jan. 17, 2022.
July 28, 2022, 12 AM MDT
Yangarra Resources Ltd.’s funds flow from operations of $50.0 million for Q2 was an increase of 190 per cent from the same period in 2021.
July 28, 2022, 7:43 AM MDT
July 28, 2022, 12 AM MDT
July 28, 2022, 12 AM MDT
Crescent Point Energy Corp. recently brought onstream its second, fully operated Kaybob Duvernay multi-well pad, achieving a strong IP30 rate for the wells and a further reduction in drilling days.
July 27, 2022, 11:21 AM MDT
Teck Resources Limited reported inflationary cost pressures for natural gas and diesel costs, as well as an increase in contractor costs.
July 27, 2022, 12 AM MDT
Gear Energy Ltd. intends to increase the planned 2022 capital and abandonment expenditure investment from $55 million to $64 million with the majority of the increase relating to two additional light oil wells to be drilled in Tableland, Sask.
July 27, 2022, 2:25 PM MDT
Baytex Energy Corp. reported production of 83,090 boe/d (83 per cent oil and NGL) in Q2 2022, a two per cent increase over Q2 2021.
July 27, 2022, 4 PM MDT
Topaz Energy Corp. generated record cash flow of $95.4 million for Q2 2022, 29 per cent higher than Q1 2022 and 156 per cent higher than Q2 2021.
July 26, 2022, 2:31 PM MDT
There were 122 wells spud (94 per cent oil) on PrairieSky Royalty Ltd. lands during Q2 2022 which included 62 wells spud on Fee Lands, 44 wells spud on GORR acreage and 16 unit wells spud.
July 18, 2022, 3:35 PM MDT
Obsidian Energy Ltd. extended its syndicated credit facility to July 29, 2022, to accommodate timing associated with its debt refinancing, and also today issued its preliminary second quarter results.
July 14, 2022, 5:47 AM MDT
July 7, 2022, 12 AM MDT
The DOB has synthesized our coverage of producers’ first quarter reports and conference calls to highlight the dominant themes that emerged.
June 3, 2022, 6 AM MDT
With approximately $15 million in cash on-hand, Source Rock Royalties Ltd. is actively evaluating numerous royalty acquisition opportunities.
May 31, 2022, 6:42 AM MDT
Razor Energy Corp.’s production volumes for the first quarter of 2022 averaged 4,457 boe/d, representing an increase of 48 per cent from the first quarter of 2021 and a two per cent increase from the last quarter of 2021.
May 27, 2022, 6:19 AM MDT
Coelacanth Energy Inc., which was formed as part of Vermilion Energy Inc.’s acquisition of Leucrotta Exploration Inc., will begin life with output of 355 boe/d.
May 26, 2022, 6:14 AM MDT
Hemisphere Energy Corporation produced a record quarterly average of 2,648 boe/d in the opening quarter of 2022, a 60 per cent increase over the first quarter of 2021.
May 18, 2022, 6:15 AM MDT
Kiwetinohk Energy Corp., which saw year-over-year production growth last quarter, is boosting its production guidance for the year.
May 17, 2022, 6:16 AM MDT
With the completion and tie-in of three (0.75 net) wells at Kakwa Central, current production for Questerre Energy Corporation is over 2,000 boe/d.
May 16, 2022, 8:12 AM MDT
Cardinal Energy Ltd. expects to exceed production guidance for the year after a successful 10-well drilling program in the first quarter — including four Clearwater oil wells, two Dunvegan light oil wells and four wells in its Southern Alberta area — increased current output.
May 13, 2022, 10:02 AM MDT
Crescent Point Energy Corp. has achieved better-than-expected production from its first fully operated pad in the Kaybob Duvernay, while also reducing drilling days and overall well costs compared to initial expectations.
May 12, 2022, 11:24 AM MDT
Pieridae Energy Limited saw its net operating income (NOI) and adjusted funds flow from operations both rally over the first three months of 2022 compared to the same period a year earlier.
May 12, 2022, 3:56 PM MDT
Funds flow from operations at Vermilion Energy Inc. in the first quarter of 2022 more than doubled from the same three-month stretch of 2021.
May 12, 2022, 4:55 AM MDT
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