Oilsands producer Connacher Oil and Gas Limited has reported a reduced loss and lower adjusted EBITDA, along with lower daily production for the three and nine months ended Sept. 30, 2018.
December 3, 2018, 7:55 AM MST
Leucrotta Exploration Inc. has signed diversified gas pricing and delivery contracts for 2019 in order to reap the benefits of short-term pricing.
November 29, 2018, 6 AM MST
Ikkuma Resources Corp. shut in a portion of its gas production for the second consecutive quarter due to low gas prices.
November 23, 2018, 8:26 AM MST
A total of 175 (6.3 net) wells were drilled on Freehold Royalties Ltd.’s lands in the third quarter of 2018.
November 16, 2018, 6 AM MST
Birchcliff Energy Ltd. is consolidating its land position in the Montney.
November 15, 2018, 6:40 AM MST
Prairie Provident Resources Inc. is expanding its exploration program at Evi in the fourth quarter of 2018.
November 15, 2018, 10:18 AM MST
Capital investment for Storm Resources Ltd. in 2018 is increasing to $85 million (was $80 million).
November 14, 2018, 8:38 AM MST
Delphi Energy Corp.’s continued success in the development of its liquids-rich Montney play, cost reduction initiatives and the company’s ability to generate marketing income through its excess firm transportation on the Alliance pipeline system have contributed to significant growth in the company’s adjusted funds flow.
November 14, 2018, 9:02 AM MST
Cequence Energy Ltd. is waiting until price differentials improve and AECO gas prices stabilize before bringing new wells on production.
November 14, 2018, 8:19 AM MST
InPlay Oil Corp. announced record production in the third quarter of 4,773 boe/d, up 17 per cent from 4,087 boe/d in the year-prior period.
November 14, 2018, 6 AM MST
Petrus Resources Ltd. planned to target Cardium light oil wells in Ferrier with budgeted capital of $25 to $30 million.
November 14, 2018, 9:44 AM MST
Granite Oil Corp. is curtailing capital spending and focusing on reducing debt until market conditions improve.
November 13, 2018, 8:24 AM MST
Responding to widening differentials and capital market uncertainty, NuVista Energy Ltd. is moderating its expected 2019 capital spending and production.
November 12, 2018, 11:07 AM MST
Montney-focused ARC Resources Ltd. achieved record quarterly production of 135,410 boe/d in the third quarter of 2018, up 4.5 per cent from 129,526 boe/d in the comparable 2017 period.
November 9, 2018, 11:20 AM MST
Kelt Exploration Ltd. has approved an initial capital expenditure budget of $270 million for 2019, down from a new forecast of $287 million, net of dispositions, for 2018.
November 9, 2018, 11:45 AM MST
Tamarack Valley Energy Ltd. achieved record production in the third quarter of 2018 as the company increased its oil and natural gas liquids weighting by 12 per cent.
November 9, 2018, 3:34 AM MST
A combination of heavy oil and liquids-rich natural gas development will be the focus of a 2019 capital program of $21 million to $25 million to be funded from adjusted cash flow, says Perpetual Energy Inc.
November 9, 2018, 3:43 AM MST
Enerplus Corporation reaffirmed its 2018 capital spending of $585 million at the same time slightly boosting its production guidance for this year.
November 9, 2018, 11:44 AM MST
Razor Energy Corp. lowered previous annual average production guidance from 5,000 boe/d to 4,850 boe/d, and is reducing capital to $38 million (previous $42 million).
November 9, 2018, 7:04 AM MST
Production from new wells acquired in the Apache Canada Ltd. acquisition and Trilogy Energy Ltd. merger helped boost Paramount Resource Ltd.’s third quarter production.
November 9, 2018, 10:31 AM MST
Bonterra Energy Corp. reported funds flow of $31 million in Q3 2018, or 93 cents per share, 43 per cent higher than $21.7 million in Q3 2017, or 65 cents per share.
November 9, 2018, 7:58 AM MST
Delphi Energy Corp. has closed its previously announced financing comprised of the sale of 15,000 senior secured notes, each with a principal amount of $1,000 and a 10 per cent coupon, for gross proceeds of approximately $15 million.
November 9, 2018, 6:49 AM MST
Peyto Exploration & Development Corp. posted a solid quarter thanks in part by delaying capital spending and curtailing production despite a wet September and low gas prices.
November 8, 2018, 11:59 AM MST
Tourmaline Oil Corp. has set its 2019 capital program at $1.3 billion while average 2019 production has been increased by three per cent to 300,000 boe/d.
November 8, 2018, 12 AM MST
Pengrowth Energy Corporation plans capital spending of $45 million in 2019, down from expected spending of $65 million this year.
November 8, 2018, 10:54 AM MST