Baytex Energy Corp. says that given its strong year-to-date operating performance, the company now expects to exceed its 2019 full-year annual production guidance.
November 1, 2019, 10:17 AM MDT
Although Murphy Oil Corporation continues to be pleased with results from its Kaybob Duvernay program, the U.S.-based company is taking a longer-term approach to ramping up development as it waits for macroeconomic conditions to improve.
November 1, 2019, 7:13 AM MDT
Consistent with its previously stated production management strategy, Advantage Oil & Gas Ltd. shut-in significant volumes of AECO-exposed dry natural gas during extremely low-price periods in the third quarter of 2019.
November 1, 2019, 9:48 AM MDT
November 1, 2019, 9:56 AM MDT
Encana Corporation continues to deliver strong results across all its operations with increased efficiencies driving down operating costs, company executives said Thursday.
November 1, 2019, 7:49 AM MDT
November 1, 2019, 10:03 AM MDT
Suncor Energy Inc. expects to start shipping crude by rail “in the next month or two” following today’s announcement that the Alberta government will allow producers to exceed curtailment quotas, provided the incremental bbls are moved by rail.
October 31, 2019, 10:27 AM MDT
Cenovus Energy Inc.’s top executive says strong third quarter financial and operating results continues to have him “extremely excited” about the future prospects of the company.
October 31, 2019, 10:15 AM MDT
MEG Energy Corp. has shifted into 2019 roughly $30 million of expected 2020 capital expenditures to accelerate the completion of its in-progress brownfield project at the Phase 2B central processing facility, which includes incremental steam generation, water handling and oil treating capacity.
October 31, 2019, 7:50 AM MDT
Crescent Point Energy Corp. has narrowed its guidance range for 2019 with production of 161,000 to 163,000 boe/d and capital expenditures of $1.225–$1.275 billion, reflecting continued operational execution and capital discipline.
October 31, 2019, 11:11 AM MDT
Yangarra Resources Ltd. has approved a capital budget of $120 million for 2020.
October 31, 2019, 8:33 AM MDT
Vermilion Energy Inc. has reduced its 2019 capital investment guidance by $10 million to $520 million.
October 31, 2019, 7:01 AM MDT
Whitecap Resources Inc. is on track to achieve its targeted production for the year despite spending less capital.
October 31, 2019, 3:28 PM MDT
October 31, 2019, 7:29 AM MDT
TransGlobe Energy Corporation completed its 2019 Canadian drilling program in the third quarter.
October 30, 2019, 9:08 AM MDT
PrairieSky Royalty Ltd. saw a drop in activity on its lands in the third quarter with 190 wells spud, a 21 per cent reduction from 242 wells during the same period last year.
October 29, 2019, 8:27 AM MDT
October 29, 2019, 7:12 AM MDT
CNOOC Limited reported increased Canadian production in Q3.
October 24, 2019, 12 AM MDT
Granite Oil Corp. is evaluating the potential of a recompletion program to add production and increase the overall oil recovery of legacy producing wells originally completed with longer frack interval spacing.
October 17, 2019, 9:37 AM MDT
September 30, 2019, 7:42 AM MDT
Saturn Oil + Gas Inc. increased its land position by acquiring 6.75 sections of land in the Viking play in Saskatchewan in the second quarter of 2019.
August 29, 2019, 9:48 AM MDT
Leucrotta Exploration Inc. “materially” de-risked an estimated 140 net sections of a large light oil resource in the Lower Montney during the second quarter of 2019.
August 28, 2019, 9:33 AM MDT
Razor Energy Corp. has agreed to buy Little Rock Resources Ltd., an arm’s-length private exploration and production company, for about $12.7 million.
August 21, 2019, 11:09 AM MDT
Hemisphere Energy Corporation completed its 11-well drilling program in southeast Alberta ahead of schedule and on budget in August.
August 21, 2019, 9:34 AM MDT
Altura Energy Inc. has scaled back its 2019 capital budget to $13.5 million from $15 million in order to maintain a strong balance sheet.
August 16, 2019, 9:30 AM MDT