Seven Generations Energy Ltd. now has the capacity to sell approximately 90 per cent of its natural gas into premium markets in the U.S. Midwest, Eastern Canada and the U.S. Gulf Coast.
May 3, 2019, 6:55 AM MDT
Baytex Energy Corp. says crude-by-rail will remain an integral part of the company’s egress and marketing strategy for its heavy oil production and the company plans on layering in more contracts as the year unfolds.
May 3, 2019, 10:15 AM MDT
Suncor Energy Inc. reported record synthetic crude oil production in the first quarter as the company opted to reach for higher value of fewer bbls during Alberta’s ongoing curtailment order.
May 2, 2019, 9:35 AM MDT
Market diversification lifted Painted Pony Energy Ltd.’s Q1 results, in the face of ongoing natural gas price weakness in Western Canada.
May 2, 2019, 12 AM MDT
Whitecap Resources Inc. announced a 5.6 per cent increase to its monthly dividend.
May 1, 2019, 6:33 AM MDT
Following the successful close of the Newfield Exploration Company acquisition, Encana Corporation says it has exceeded annualized general and administrative (G&A) synergies by $25 million and has increased its estimate for the year to $150 million.
April 30, 2019, 9:07 AM MDT
ConocoPhillips this morning said it completed an appraisal drilling program in the Montney.
April 30, 2019, 8:25 AM MDT
Connacher Oil and Gas Limited’s fourth quarter 2018 production decreased 42 per cent to 7,700 bbls from 13,320 bbls/d a year earlier primarily due to the company's strategic decision to reduce bitumen production in the low commodity price environment during the period.
April 29, 2019, 9:27 AM MDT
When Kelt Exploration Ltd. was founded six years ago, its management team’s ambition was to create value during a downturn, the company’s annual meeting heard Thursday.
April 26, 2019, 9:59 AM MDT
Vermilion Energy Inc.’s Australian and Canadian business units were responsible for most of the company’s growth in the first quarter as two new offshore wells were brought on production in Australia and Vermilion executed one of its most active drilling programs to date in Canada.
April 26, 2019, 8:25 AM MDT
April 26, 2019, 11 AM MDT
Chevron Corporation’s first quarter earnings decreased 27 per cent to US$2.6 billion compared to $3.6 billion a year earlier due to lower crude oil prices and weaker margins in its refining and chemicals businesses.
April 26, 2019, 10:56 AM MDT
April 26, 2019, 11:07 AM MDT
April 26, 2019, 10:08 AM MDT
April 26, 2019, 9:52 AM MDT
Industry is likely to increase crude by rail volumes on its own should incoming Premier Jason Kenney follow through on his plan to cancel the government rail agreements put in place by Rachel Notley, executives with Cenovus Energy Inc. said on Wednesday morning.
April 24, 2019, 11:14 AM MDT
Traverse Energy Ltd.’s production averaged 594 boe/d (43 per cent oil and NGLs) during the fourth quarter of 2018, an increase of 31 per cent from the third quarter of 2018.
April 10, 2019, 9:14 AM MDT
While Corridor Resources Inc. says it continued to evaluate opportunities with a disciplined approach to deploy surplus working capital and enhance shareholder value in 2018, none of the opportunities assessed met Corridor’s objectives.
March 29, 2019, 8:36 AM MDT
Perpetual Energy Inc. says it anticipates a court decision in the second quarter of 2019 on its application for a dismissal of all claims from PricewaterhouseCoopers Inc. related to Perpetual’s sale of shallow gas assets to Sequoia Resources Corp. which later assigned itself into bankrupty.
March 28, 2019, 10:37 AM MDT
Prairie Provident Resources Inc. added 1,800 boe/d of production while expanding its footprint in Southern Alberta in 2018.
March 28, 2019, 9:56 AM MDT
Lower realized oil prices in the fourth quarter of 2018 were reflected in reduced adjusted funds flow and revenue for Altura Energy Inc.
March 22, 2019, 9:05 AM MDT
Production for oil-weighted Cardinal Energy Ltd. was up 11 per cent in 2018 although output in the fourth quarter fell three per cent or 1,100 boe/d after the company voluntarily curtailed sales volumes due to low pricing.
March 21, 2019, 9:49 AM MDT
InPlay Oil Corp. executed a $50.2 million capital program during 2018, focused on the Willesden Green bioturbated Cardium formation.
March 20, 2019, 7:24 AM MDT
Bellatrix Exploration Ltd.’s production volumes in the fourth quarter of 2018 averaged 35,001 boe/d (71 per cent natural gas weighted), up four per cent from third quarter 2018 volumes of 33,530 boe/d but down from Q4 2017 volumes of 37,077 boe/d.
March 15, 2019, 3:47 AM MDT
Bellatrix Exploration Ltd. recorded a fourth quarter 2018 net loss of $89.8 million compared to a net loss of $13.05 million the comparable period in 2017.
March 15, 2019, 3:54 AM MDT