Petrus Resources Ltd.’s board of directors has approved a first quarter 2021 capital budget of $9 million to drill three gross (2.1 net) Cardium wells in its Ferrier area.
March 1, 2021, 12 AM MST
Perpetual Energy Inc. continued its active abandonment and reclamation program in the fourth quarter of 2020, receiving 13 reclamation certificates for the year ended Dec. 31, 2020, with an additional six reclamation certificates in 2021 related to project work completed in 2020.
March 1, 2021, 12 AM MST
March 1, 2021, 10:51 AM MST
March 1, 2021, 8:37 AM MST
Advantage Oil & Gas Ltd. is reducing its 2021 capital guidance range to $115 million to $135 million from $125 million to $150 million.
February 26, 2021, 6:18 AM MST
February 26, 2021, 7:52 AM MST
Baytex Energy Corp. says it intends to implement a heavy oil drilling program in the second half of the year in which it could drill up to 30 net wells at Lloydminster and six net wells at Peace River.
February 25, 2021, 10:57 AM MST
Despite a year of “significant uncertainty” that brought many challenges to the energy sector, including his company, Grant Fagerheim, Whitecap Resources Inc.’s president and CEO, says the company had a solid finish to 2020, “which positioned us well” heading into 2021.
February 25, 2021, 9:52 AM MST
February 25, 2021, 8:27 AM MST
Crescent Point Energy Corp. says annual average production in 2020 of 121,642 boe/d was slightly above production guidance of 121,000 boe/d.
February 24, 2021, 8:55 AM MST
February 24, 2021, 12 AM MST
February 24, 2021, 9:05 AM MST
In 2020, ConocoPhillips’s operations in Canada contributed nine per cent of consolidated liquids production and three per cent of consolidated natural gas production, the company noted in its annual 10K filing in the United States.
February 22, 2021, 7:28 AM MST
Enerplus Corporation was able to preserve shareholder value and maintain a strong financial footing in 2020, says top brass, positioning the business to deliver future, differentiated shareholder returns.
February 19, 2021, 10:50 AM MST
On a day in which it announced it was unloading its Duvernay assets, Ovintiv Inc. reported lower Canadian output overall, including from its dominant asset in Canada, the Montney.
February 18, 2021, 12 AM MST
While 2020 was a year in which many oil-weighted juniors focused on survival, 2021 is shaping up to be a “year of opportunity,” where Gear Energy Ltd. says it should again have the option of balancing excess free funds flow towards multiple strategic directions, including continued debt reduction, accelerated capital investment and associated growth or other returns to shareholders.
February 18, 2021, 2:33 PM MST
Capital spending in Teck Resources Limited’s energy business unit in 2021 is expected to be $85 million, focused on tailings infrastructure and work to transition to the next mining area at Fort Hills.
February 18, 2021, 6:10 AM MST
Seven Generations Energy Ltd. reported lower financial results in a tough 2020 market environment, while production decreased by nine per cent for the year.
February 18, 2021, 6:51 AM MST
February 17, 2021, 8:34 AM MST
February 12, 2021, 8:40 AM MST
ARC Resources Ltd. managed to increase its year-over-year average production last year, says top brass, helping to make 2020 one of the company’s best years from an operational and financial performance perspective.
February 11, 2021, 8:59 AM MST
Despite the economic uncertainty due to COVID-19, Birchcliff Energy Ltd. says it was able to efficiently execute its capital program and achieve record low operating costs in 2020.
February 11, 2021, 12 AM MST
Cenovus Energy Inc. generated full-year adjusted funds flow of $147 million compared with $3.7 billion a year earlier.
February 9, 2021, 5:52 AM MST
February 9, 2021, 7:35 AM MST
PrairieSky Royalty Ltd. is acquiring a large royalty portfolio, which will consolidate a significant fee mineral title position in Western Canada.
February 8, 2021, 2:43 PM MST