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
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
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