Commodity prices helped carry Vermilion Energy Inc. to a considerable increase in fund flows from operations (FFO) in its fourth quarter of 2021.
March 7, 2022, 2:55 PM MST
MEG Energy Corp. delivered record bitumen production volumes for the fourth quarter and full-year 2021 while generating strong earnings and funds flow from operations.
March 4, 2022, 9:10 AM MST
Tamarack Valley Energy Ltd. has entered into a strategic partnership with the Peavine Metis Settlement in the High Prairie area that covers 29.5 sections of land, which are prospective for the Clearwater formation.
March 4, 2022, 5:38 AM MST
Crescent Point Energy Corp. says it continues to gain operational momentum in its Kaybob Duvernay play, realizing ongoing operational efficiencies and cost reductions.
March 3, 2022, 11:32 AM MST
Canadian Natural Resources Limited amped up 2021 production to record quarterly and annual levels and achieved output of approximately 1.24 million boe/d, representing an increase of six per cent or approximately 71,000 boe/d over 2020 levels.
March 3, 2022, 11:04 AM MST
Yangarra Resources Ltd. remains committed to a “disciplined” one-rig, 30 well program, with the balance of free-cash flow generated to be used for debt retirement until the company achieves its debt targets.
March 3, 2022, 3:31 PM MST
Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.
March 2, 2022, 2:28 PM MST
Athabasca Oil Corporation is maintaining its previously announced $128 million capital program in 2022, including a turnaround at Leismer.
March 2, 2022, 4:31 PM MST
Paramount Resources Ltd.’s board of directors has approved an increase in the company's regular monthly dividend to eight from six cents per common share.
March 2, 2022, 6:07 AM MST
Royalty and infrastructure company Topaz Energy Corp. reported record year-over-year increases in production and cash flow in the final quarter of 2021.
March 2, 2022, 8:14 AM MST
Obsidian Energy Ltd. reported a $100-million increase in funds flow from operations (FFO) in 2021 compared to the prior year.
February 28, 2022, 12 AM MST
Enerplus Corporation described 2021 as a “transformational year” for the company, where it completed two acquisitions.
February 28, 2022, 12 AM MST
Ovintiv Inc. recorded drilling and completion cost decreases at its Montney land position in 2021.
February 25, 2022, 2:29 PM MST
Baytex Energy Corp. delivered strong Q4 and full-year 2021 operating and financial results and continued to advance its new Clearwater play in northwest Alberta with four of the highest initial rate wells drilled to date in the play.
February 25, 2022, 9:51 AM MST
In anticipation of gas supply shortages and elevated pricing, Advantage Energy Ltd. accelerated $10 million of spending from January into December.
February 25, 2022, 12 AM MST
In what the company called a “transformational year,” Whitecap Resources Inc.’s Q4 and full-year 2021 results set numerous records as the successful execution and integration of approximately $2 billion of strategic acquisitions paid dividends.
February 24, 2022, 11:13 AM MST
With Fort Hills resuming a two-train operation in the fourth quarter, Teck Resources Limited says the facility is expected to operate at an average utilization rate of 90 per cent throughout 2022.
February 24, 2022, 12 AM MST
Gibson Energy Inc. says strong performance from its infrastructure segment in part because of contributions from its diluent recovery unit (DRU) which came online in the third quarter backstopped solid Q4 and full-year 2021 financial and operational results.
February 23, 2022, 9:59 AM MST
February 17, 2022, 9:06 AM MST
February 17, 2022, 12 AM MST
Gear Energy Ltd. was able to boost funds flow for both the Q4 and year-end 2021 periods.
February 16, 2022, 3:24 PM MST
Spartan Delta Corp. has increased its capital spending forecast.
February 15, 2022, 3:48 PM MST
ARC Resources Ltd.’s top executive says 2021 was an “exceptional and transformational year” for the company as it successfully assimilated assets acquired in the acquisition of Seven Generations Energy Ltd. which led to strong operational and financial performance.
February 11, 2022, 10:43 AM MST
February 10, 2022, 12 AM MST
Birchcliff Energy Ltd.’s 2021 production averaged 78,520 boe/d, a three per cent increase from 2020 and slightly below guidance of 79,000 to 80,000 boe/d.
February 9, 2022, 2:37 PM MST
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