Obsidian Energy Ltd. has entered into a purchase and sale agreement to acquire the remaining 45 per cent partnership interest in the Peace River Oil Partnership (PROP) asset from its joint venture partner through a wholly-owned subsidiary.
November 2, 2021, 4:12 PM MDT
ConocoPhillips on Tuesday reported positive Canadian earnings, reversing the loss from the previous year, while its production in the country also climbed during the three-month period.
November 2, 2021, 7:10 AM MDT
November 2, 2021, 12 AM MDT
Imperial Oil Limited’s strong third quarter operational performance enabled the company to “maximize value” from the current commodity price environment, says Brad Corson, president and chief executive officer.
October 29, 2021, 11:15 AM MDT
October 29, 2021, 9:38 AM MDT
October 29, 2021, 9:42 AM MDT
At Advantage Energy Ltd.’s Glacier property, a five-well pad was brought onstream and delivered an average IP30 of 10 mmcf/d per well (post-clean-up).
October 29, 2021, 4:35 AM MDT
October 29, 2021, 12 AM MDT
Despite the largest turnaround program in the company’s history, Suncor Energy Inc. posted strong operational and financial third quarter results amid strong commodity prices and increased product demand.
October 28, 2021, 10:01 AM MDT
Tamarack Valley Energy Ltd. is increasing its full-year production guidance by four per cent to 34,250 boe/d, and the company has announced its inaugural dividend and return-of-capital framework.
October 28, 2021, 10:15 AM MDT
Whitecap Resources Inc. closed the acquisition of a private company in southeast Saskatchewan for $67 million.
October 28, 2021, 7:20 AM MDT
Crescent Point Energy Corp. is focusing on improving the company’s economics in the Kaybob Duvernay play, which it says are already highly competitive.
October 28, 2021, 11:22 AM MDT
CNOOC Limited’s Q3 production in Canada climbed.
October 28, 2021, 12 AM MDT
October 28, 2021, 12 AM MDT
October 28, 2021, 12 AM MDT
October 28, 2021, 12 AM MDT
October 28, 2021, 12:35 PM MDT
Teck Resources Ltd. reported a third quarter gross loss in its energy business unit — which includes Fort Hills — of $28 million compared with $62 million a year ago.
October 27, 2021, 12 AM MDT
October 27, 2021, 12 AM MDT
During Q3 2021, third-party operators were active across Western Canada and on PrairieSky Royalty Ltd.’s royalty lands with 193 wells spud (98 per cent oil).
October 25, 2021, 3 PM MDT
October 21, 2021, 9:49 AM MDT
October 7, 2021, 9:35 AM MDT
October 1, 2021, 9:35 AM MDT
Saturn Oil & Gas Inc. experienced a “historic quarter” in Q2 2021, says executive management, as the company completed its Oxbow asset acquisition, providing a “substantial platform” for future growth via drilling opportunities and production and production-optimization projects.
August 31, 2021, 11:17 AM MDT
August 27, 2021, 8:52 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.