Enerplus Corporation’s North Dakota production averaged 66,656 boe/d during the first quarter of 2023, an increase of 16 per cent compared to the same period a year ago.
May 5, 2023, 12 AM MDT
Canadian Natural Resources Limited delivered record natural gas production in the first quarter and boosted overall volumes to 1.32 million boe/d from 1.28 million boe/d during the comparable period in 2022, representing a three per cent year-over-year increase.
May 4, 2023, 10:32 AM MDT
Vermilion Energy Inc. says its North American production increase in the first quarter of 2023 was primarily due to new production from its Alberta Deep Basin and Montney assets in Canada.
May 4, 2023, 10:53 AM MDT
Tourmaline Oil Corp. reported record production in the first quarter of 2023, with its ongoing market diversification and hedging program driving financial results.
May 4, 2023, 8:48 AM MDT
Kelt Exploration Ltd. recorded the highest quarterly average production in its 10-year history during the first quarter of 2023.
May 4, 2023, 6:04 AM MDT
Pine Cliff Energy Ltd. drilled two Pekisko oil wells (1.4 net) during the first quarter with a third (0.7 net) drilled and rig released by April 12, 2023.
May 4, 2023, 7:01 AM MDT
During the first quarter of 2023, Obsidian Energy Ltd. spent $8.7 million on decommissioning expenses to progress its environmental remediation efforts with a focus on abandoning and reclaiming inactive fields in Northern and Eastern Alberta.
May 4, 2023, 7:28 AM MDT
In light of ongoing commodity price volatility, Gear Energy Ltd. has strategically reduced its planned 2023 capital expenditures by 12 per cent to $58 million.
May 4, 2023, 7:44 AM MDT
Sales volumes for Paramount Resources Ltd. in the first quarter of 2023 were up 18 per cent, to 97,269 boe/d, relative to the same period a year earlier.
May 3, 2023, 1:37 PM MDT
While the company’s bitumen output increased year-over-year, MEG Energy Corp. reported steep declines in earning and cash flow for Q1.
May 2, 2023, 9:23 AM MDT
Advantage Energy Ltd.’s adjusted funds flow (AFF) was $96.8 million, compared to $108.9 million the previous year.
May 1, 2023, 12 AM MDT
Higher production at Kearl helped Imperial Oil Limited increase first quarter output while earnings were also up year-over-year.
April 28, 2023, 11:04 AM MDT
Whitecap Resources Inc. delayed activity on its recently acquired Montney natural gas assets and turned its attention to its oil assets in Saskatchewan and central Alberta in the first quarter of 2023 as gas prices tumbled in the quarter.
April 27, 2023, 9:06 AM MDT
As a result of the increased snowfall during the past winter season, Yangarra Resources Ltd. made the decision to curtail capital spending until field conditions improve.
April 27, 2023, 12 AM MDT
Cenovus Energy Inc.’s first quarter earnings and cash flows were lower year-over-year, in large part due to the weak performance of some refineries in the company’s U.S. Manufacturing segment.
April 26, 2023, 10:47 AM MDT
Strong and steady drilling activity on its royalty lands helped PrairieSky Royalty Ltd. to another strong quarter and led to the company posting its sixth consecutive quarter of record third-party leasing.
April 18, 2023, 8:56 AM MDT
Source Rock Royalties Ltd. reported annual royalty revenue of $6.49 million, an increase of 52 per cent over 2021.
April 17, 2023, 8:54 AM MDT
Hammerhead Energy Inc.'s 2023 capital program is development-focused with a continuous two-rig program expected to drill approximately 40 wells.
April 3, 2023, 9:38 AM MDT
Saturn Oil & Gas Inc. reported record production and matched corporate guidance with a fourth quarter 2022 average of 12,514 boe/d (96 per cent oil and NGL), compared to 7,279 boe/d (95 per cent oil and NGL) in the fourth quarter of 2021, an increase of 72 per cent.
March 30, 2023, 10:05 AM MDT
Last year saw “transformational” financial results for Pieridae Energy Limited, driven by strong gas and liquids pricing, the company's ability to control costs in an inflationary year, and a revitalized hedging program.
March 23, 2023, 6 AM MDT
Tenaz Energy Corp. continues to enhance its Leduc-Woodbend project returns by improving knowledge of the Rex reservoir and depositional environment, extending horizontal well lengths, and continuously improving the frack stimulation design and execution.
March 22, 2023, 6:17 AM MDT
In early January, Petrus Resources Ltd. returned to drilling in Ferrier to kick off the 2023 capital program.
March 16, 2023, 5:41 AM MDT
InPlay Oil Corp. reported record average annual production of 9,105 boe/d, up from 5,768 boe/d the previous year.
March 15, 2023, 6:39 AM MDT
Surge Energy Inc. increased adjusted funds flow (AFF) by over 190 per cent, from $100.4 million in 2021 to $293.6 million in 2022.
March 13, 2023, 12 AM MDT
Journey Energy Inc. was busy during the fourth quarter of 2022 with the closing and integration of its 4,000 boe/d (71 per cent crude oil and NGL) acquisition from Enerplus Corporation.
March 13, 2023, 12 AM MDT
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