Pipestone Energy Corp. generated record revenue of $153.5 million, which more than doubled Q1 2021 revenue of $71.5 million, and represents a 12 per cent increase from Q4 2021 revenue of $137.3 million.
May 11, 2022, 6:26 AM MDT
NuVista Energy Ltd. has elevated its capital expenditure guidance for 2022.
May 11, 2022, 12 AM MDT
Spartan Delta Corp. reported an active winter drilling program, investing $108 million in Q1 2022 into the development of its Montney and Deep Basin core assets.
May 11, 2022, 12 AM MDT
The supply of steel casing and tubular products required to drill wells has been a big issue identified by InPlay Oil Corp.
May 11, 2022, 7:38 AM MDT
Birchcliff Energy Ltd. anticipates that it will generate adjusted funds flow of $1.18 billion and free funds flow of $920 million to $940 million in 2022 based on current strip pricing.
May 11, 2022, 2:31 PM MDT
Although Suncor Energy Inc.’s Q1 output was down slightly year-over-year, the company’s financial results were improved and returns to shareholders boosted on the backs of the company’s integrated business model and continued commodity price strength, says president and CEO Mark Little.
May 10, 2022, 9:46 AM MDT
Journey Energy Inc. announced an increase to its 2022 capital budget to $78 million, which includes E&D activities, spending for future power generation projects and A&D activity.
May 10, 2022, 12 AM MDT
Freehold Royalties Ltd. has entered into a definitive agreement to acquire mineral title and overriding royalty interests across approximately 1,100 net royalty acres (220,000 gross acres) in core Midland basin of the Permian for US$15.5 million, before customary adjustments.
May 10, 2022, 2:38 PM MDT
Bonterra Energy Corp.’s production averaged 13,287 boe/d in Q1 2022, 12 per cent higher than Q1 2021, reflecting an active drilling program along with the continued reactivation of wells that were previously shut-in voluntarily due to low commodity prices.
May 10, 2022, 3:12 PM MDT
ARC Resources Ltd.’s May 2021 acquisition of Seven Generations Energy Ltd. continues to pay off as the company was able to push production levels, free cash flow generation and returns to shareholders higher in the first quarter.
May 6, 2022, 9:48 AM MDT
With crude oil prices now in excess of US$100 WTI, which is significantly above Surge Energy Inc.’s US$85 guidance price for crude oil in 2022, the company intends to resume its base cash dividend distribution, payable on a monthly basis.
May 6, 2022, 12 AM MDT
Saturn Oil & Gas Inc. reported record production with first quarter 2022 averaging production of 7,499 boe/d compared to 233 boe/d in the first quarter of 2021.
May 6, 2022, 6:22 AM MDT
Enerplus Corporation lifted its capital spending outlook for the year.
May 6, 2022, 4:42 AM MDT
Crew Energy Inc. achieved average daily production of 33,399 boe/d during the first quarter of 2022, which is up 27 per cent from Q1 2021, thanks largely to progress achieved so far on the company’s two-year development plan.
May 6, 2022, 6:07 AM MDT
Kelt Exploration Ltd.’s board of directors has approved an increase to the company's capital expenditure program for 2022.
May 5, 2022, 11:18 AM MDT
Production of natural gas, crude oil, condensate and natural gas liquids (NGL) all reached double-digit percentage gains for Tourmaline Oil Corp. year-over-year in the first quarter of 2022.
May 5, 2022, 1:22 PM MDT
Paramount Resources Ltd.’s sales volumes climbed in the first quarter of 2022.
May 5, 2022, 12 AM MDT
ConocoPhillips’s earnings in its Canadian segment surged in the first quarter, while production declined during the three-month period.
May 5, 2022, 6 AM MDT
Pine Cliff Energy Ltd. announced a dividend on Wednesday in conjunction with Q1 results.
May 5, 2022, 12 AM MDT
Perpetual Energy Inc. saw production levels increase for Q1 2022 thanks to nine (4.5-net) East Edson liquids-rich Wilrich gas wells brought on production during last year, which were partially offset by the Q3 2021 sale of Clearwater assets to Rubellite Energy Inc.
May 5, 2022, 2:19 PM MDT
May 5, 2022, 12 AM MDT
Tamarack Valley Energy Ltd. successfully executed on its first quarter capital program, and combined with a series of acquisitions over the past year-and-a-half the company increased Q1 output 73 per cent year-over-year.
May 4, 2022, 10:47 AM MDT
Obsidian Energy Ltd.’s first half 2022 development program started with increased activity across its Willesden Green, Pembina, and Peace River areas.
May 4, 2022, 8:43 AM MDT
Topaz Energy Corp. reported record cash flow of $74.2 million and record free cash low of $73.8 million from its royalty assets in the first quarter of 2022.
May 4, 2022, 8:10 AM MDT
As a result of significantly improved commodity prices, Gear Energy Ltd. intends to increase its planned 2022 capital and abandonment expenditure investment to $55 million from $40 million.
May 4, 2022, 2:15 PM MDT
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