Pipestone Energy Corp. generated record revenue for Q3 2021 due to continued production growth, combined with improving commodity prices during the quarter, and the company is increasing its full-year capital budget.
November 10, 2021, 10:49 AM MST
Vermilion Energy Inc. anticipates a 2022 capital program in the range of $400 - $450 million with production at a similar level to original 2021 guidance of 83,000 to 85,000 boe/d.
November 10, 2021, 4:25 AM MST
Kelt Exploration Ltd.’s Q3 2021 petroleum and natural gas sales were $75.8 million and adjusted funds from operations was $36.3 million compared to $48.8 million and $9.0 million, respectively, in the third quarter of 2020.
November 10, 2021, 6:43 AM MST
The world is in an inflationary environment right now, noted NuVista Energy Ltd., and the control of costs and assurance of reliable supply of people and equipment is of high importance.
November 10, 2021, 7:22 AM MST
InPlay Oil Corp.’s production for the third quarter of 2021 set another quarterly record for the company averaging 6,011 boe/d (64 per cent light oil & NGLs).
November 10, 2021, 8:14 AM MST
Bonterra Energy Corp. averaged 12,542 boe/d of production in Q3 2021, 25 per cent higher than in Q3 2020, and 12,389 boe/d in the first nine months of 2021, a 15 per cent increase over the comparative period the prior year.
November 10, 2021, 8:49 AM MST
After posting strong third quarter operational and financial results, MEG Energy Corp. has lifted its full-year 2021 production guidance for the third time this year.
November 9, 2021, 9:42 AM MST
The Deep Basin assets continue to deliver asset level free funds flow growth for Spartan Delta Corp. due to low capital efficiencies, owned and operated infrastructure yielding low operating costs, and strengthening commodity prices.
November 9, 2021, 6:11 AM MST
Obsidian Energy Ltd.’s second half development program “advanced substantially” with the drilling of 11 wells (10.2 net) and three gross/net wells brought on production in the quarter.
November 8, 2021, 6:19 AM MST
ARC Resources Ltd. invested $268 million during the third quarter of 2021 to drill 41 wells and complete 31 wells.
November 5, 2021, 12 AM MDT
Enerplus Corporation reported net income of $112 million in the third quarter, reversing from a loss of $112.75 million the previous year.
November 5, 2021, 12 AM MDT
Cardinal Energy Ltd. expects a 2022 $70 to $80 million capital program which includes drilling and completion of 18 wells.
November 5, 2021, 12 AM MDT
Crew Energy Inc. reported 23,659 boe/d (142.0 mmcfe) of average production in Q3/21, a 17 per cent increase over Q3/20 and 13 per cent above the midpoint of production guidance range of 20,000 to 22,000 boe/d.
November 5, 2021, 6:16 AM MDT
Canadian Natural Resources Limited delivered strong financial and operational results during the third quarter, says top brass, thanks to effective and efficient operations combined with disciplined capital allocation.
November 4, 2021, 7:26 AM MDT
Tourmaline Oil Corp. generated record cash flow and free cash flow during the third quarter and expects to achieve its forecast exit production target earlier than anticipated.
November 4, 2021, 10:23 AM MDT
During the third quarter, the working interest operators on Topaz Energy Corp.’s royalty acreage continued their active drilling operations.
November 4, 2021, 3:13 PM MDT
Yangarra Resources Ltd. drilled seven wells and completed seven wells during the third quarter and has continued to execute on the full-year capital program with well costs averaging at or below previous guidance.
November 4, 2021, 12 AM MDT
Surge Energy Inc. continues to reduce the impact of its operations on the environment and reported that it has abandoned over 190 wells in the first nine months of 2021.
November 4, 2021, 12 AM MDT
Paramount Resources Ltd. says its 2022 capital budget is expected to range between $500 million and $540 million, excluding land acquisitions and abandonment and reclamation activities, an increase of $165 million at midpoint from preliminary guidance.
November 4, 2021, 6 AM MDT
Driven by record quarterly daily oilsands production at Christina Lake and Foster Creek, Cenovus Energy Inc. achieved total third quarter output of 804,800 boe/d, an increase of 71 per cent from 471,799 boe/d during the comparable period last year.
November 3, 2021, 10:58 AM MDT
Ovintiv Inc. views its 2021 development program as being highly repeatable in 2022 for the same amount of capital investment.
November 3, 2021, 11:24 AM MDT
Gear Energy Ltd.’s funds from operations for the third quarter of 2021 was $16.0 million, an increase of 31 per cent from the second quarter of 2021 as a result of higher commodity prices and increased production.
November 3, 2021, 2:59 PM MDT
In Alberta, physical markets and regional benchmark prices (WCS) have improved with higher WTI prices. Athabasca Oil Corporation expects current WCS differentials to remain stable with muted industry growth and improving basin egress, including the recently completed Enbridge Inc. Line 3 replacement.
November 3, 2021, 3:34 PM MDT
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
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.