Crew Energy Inc.’s strong 2022 financial performance in achieving leverage targets provides the flexibility to expedite two projects that were originally planned for the first quarter of next year.
November 4, 2022, 12 AM MDT
With inflationary pressures hooked into many aspects of the energy industry, Tourmaline Oil Corp. possesses qualities and has deployed tactics to fend against it.
November 3, 2022, 1:41 PM MDT
Thanks in part to the highest natural gas output in its history, Canadian Natural Resources Limited achieved record total quarterly production of approximately 1.34 million boe/d while third quarter earnings climbed to approximately $2.8 billion.
November 3, 2022, 11:22 AM MDT
Suncor Energy Inc. says the company continues to optimize and streamline its portfolio in an effort to maximize value through its core assets.
November 3, 2022, 10:57 AM MDT
Murphy Oil Corporation saw a significant increase in production from its Montney assets in the Tupper area of northeast B.C. in the third quarter of 2022, but higher royalty rates resulted in the price equivalent of 3,000 boe/d taken out of production, said executive vice-president of operations Eric Hambly at the company’s third quarter conference call Thursday.
November 3, 2022, 10:41 AM MDT
ConocoPhillips reported lower earnings for its Canadian segment for the third quarter of 2022.
November 3, 2022, 5:33 AM MDT
Paramount Resources Ltd. achieved record quarterly sales volumes of 97,601 boe/d (46 per cent liquids) in the third quarter, including record monthly sales volumes of 104,506 boe/d (46 per cent liquids) in September.
November 3, 2022, 6:10 AM MDT
Athabasca Oil Corporation’s output in Q3 was 37,240 boe/d (93 per cent liquids) consisting of 31,023 bbl/d in Thermal Oil and 6,217 boe/d (57 per cent Liquids) in Light Oil.
November 3, 2022, 12 AM MDT
Despite an erratic commodity price environment, solid upstream and downstream operating results propelled Cenovus Energy Inc.’s financial results upwards as the company almost tripled Q3 earnings year-over-year to $1.6 billion and funds flow soared.
November 2, 2022, 11:17 AM MDT
Gear Energy Ltd.’s board has approved a 2023 capital budget of $61 million designed to target four key strategic goals.
November 2, 2022, 3:26 PM MDT
Surge Energy Inc. reported average daily production of 21,380 boe/d (86 per cent liquids) during Q3/22, an increase of over 21 per cent as compared to Q3/21 production of 17,642 boe/d (84 per cent liquids).
November 2, 2022, 6:59 AM MDT
November 1, 2022, 12 AM MDT
Journey Energy Inc.’s 2022 capital program will see the company participating in 15 (12.6 net) wells in six different areas, versus the originally planned program of 17 (15 net) wells in seven areas.
November 1, 2022, 12 AM MDT
Yangarra Resources Ltd. has bumped up its 2022 capital spending program by $5 million.
November 1, 2022, 6:37 AM MDT
Imperial Oil Ltd.’s third quarter earnings and cash flow soared as solid performance at Kearl kept total output essentially flat year-over-year and refinery throughput and utilization was strong.
October 28, 2022, 11:20 AM MDT
Tamarack Valley Energy Ltd. recorded a five per cent year-over-year increase in average daily production during the three-month span ending Sept. 30, 2022.
October 28, 2022, 11 AM MDT
Whitecap Resources Inc. will spend its growing free cash flow on reducing its debt load to sustainable levels before returning capital to shareholders through increased dividends and share buybacks, president and chief executive officer Grant Fagerheim told analysts at the company’s third quarter conference call Thursday.
October 28, 2022, 7:26 AM MDT
Advantage Energy Ltd. says production remains on track to achieve corporate guidance for 2022 despite having shut-in an average of approximately 2,500 boe/d of AECO-exposed production during extremely low prices.
October 28, 2022, 9:27 AM MDT
Whitecap Resources Inc. reported an almost 30,000 boe/d jump in production for the third quarter of 2022 over the comparable quarter in 2021 as the company integrated its recently acquired XTO Energy Canada assets into its operations.
October 27, 2022, 7:43 AM MDT
October 27, 2022, 5:52 AM MDT
October 27, 2022, 11:09 AM MDT
Crescent Point Energy Corp. reported a slight increase in Q3 output as it continues to generate strong operational results in its Kaybob Duvernay play, resulting in attractive asset level returns.
October 26, 2022, 11:28 AM MDT
PrairieSky Royalty Ltd. had an “exceptionally busy” quarter across its royalty properties as third-party operators spud 134 per cent more wells on company lands compared to Q2 and a 48 per cent increase compared to the comparative period last year.
October 25, 2022, 10 AM MDT
Source Rock Royalties Ltd. said royalty production in Q2 2022 was steady and robust commodity prices drove record quarterly royalty revenue.
August 30, 2022, 10:54 AM MDT
August 30, 2022, 6:02 AM MDT