Suncor Energy Inc. has provided new 2021 guidance for Fort Hills production and cash operating costs as the company undertakes additional work to maintain slope integrity on the south side of the mine.
July 29, 2021, 10:37 AM MDT
Whitecap Resources Inc. has increased its 2022 preliminary production outlook to 122,000 boe/d, incorporating the acquisition of a private company with operations in southeastern Saskatchewan, but the preliminary capital spending outlook remains between $560 million and $580 million for the year.
July 29, 2021, 8:34 AM MDT
July 29, 2021, 12 AM MDT
July 29, 2021, 9:07 AM MDT
Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
Crescent Point Energy Corp. has increased its 2021 annual average production guidance to 130,000–134,000 boe/d, up from its prior range of 128,000–132,000 boe/d.
July 28, 2021, 11:14 AM MDT
Yangarra Resources Ltd. has increased its capital budget to $85 million from $60 million, which will keep one drilling rig fully utilized for the balance of the year.
July 28, 2021, 2:58 PM MDT
As a result of its strong operating performance through the first half of 2021, Baytex Energy Corp. is increasing its production guidance to 79,000 to 80,000 boe/d, up from 77,000 to 79,000 boe/d, previously.
July 28, 2021, 4:20 PM MDT
July 28, 2021, 11:05 AM MDT
Teck Resources Limited’s 21.3 per cent share of bitumen production from Fort Hills decreased by four per cent in the second quarter to 17,806 bbls/d compared to the same period in 2020.
July 27, 2021, 12 AM MDT
Fresh off a strong second quarter performance on both the operational and financial fronts, MEG Energy Corp. is increasing its 2021 production and capital expenditure guidance.
July 23, 2021, 8:38 AM MDT
PrairieSky Royalty Ltd. has acquired a five per cent gross overriding royalty on over 76,000 acres of Clearwater lands in the core Marten Hills area.
July 19, 2021, 2:19 PM MDT
May 31, 2021, 10:32 AM MDT
Altura Energy Inc. has increased its capital expenditure budget for 2021 to $7.5 million from $6 million to advance several “parallel initiatives.”
May 28, 2021, 6:16 AM MDT
With a property sale and financing recently closed, Leucrotta Exploration Inc. will now be focused on executing the Mica project.
May 28, 2021, 6:27 AM MDT
Cardinal Energy Ltd. is hiking its capital budget to $46 million from $27 million.
May 14, 2021, 6:12 AM MDT
Petrus Resources Ltd. generated funds flow of $6.99 million (14 cents per share) during the first quarter of 2021, up nine per cent from the previous quarter due entirely to commodity price improvement.
May 14, 2021, 7:50 AM MDT
Peyto Exploration & Development Corp.’s technical team has recently conducted an internal evaluation of the company’s successful 2020 drilling program which yielded above average returns and record capital efficiency and a portion of that success was the result of longer horizontal laterals and improved stimulation intensity.
May 13, 2021, 11:14 AM MDT
Surge Energy Inc. has closed its bought deal public offering of flow-through common shares.
May 13, 2021, 1:50 PM MDT
Pieridae Energy Limited’s assets maintained strong production in the first quarter of 2021, averaging 43,997 boe/day, a seven per cent increase from the comparative quarter in 2020.
May 13, 2021, 8:06 AM MDT
Birchcliff Energy Ltd. is revising its 2021 guidance as a result of its strong new well performance and improved outlook for commodity prices.
May 13, 2021, 6:49 AM MDT
With the material improvement in commodity prices over the last six months, Storm Resources Ltd. is currently evaluating an increase to capital investment in the second half of 2021 for its liquids-rich natural gas operations in northeast B.C.’s Montney.
May 13, 2021, 10:44 AM MDT
Crescent Point Energy Corp. says it is moving quickly to integrate the company’s newly acquired Duvernay assets into its operations.
May 12, 2021, 11:10 AM MDT
NuVista Energy Ltd. commissioned the Pipestone North infrastructure project on March 15, 2021, ahead of schedule.
May 12, 2021, 6:43 AM MDT
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