Spartan Delta Corp.’s capital expenditures before A&D were $91 million for the three months ended June 30, 2022, of which approximately 90 per cent was spent in the Montney as activity slowed in the Deep Basin through spring breakup.
August 10, 2022, 12 AM MDT
In total, 224 gross wells were drilled on Freehold Royalties Ltd. royalty lands in Q2-2022, a 146 per cent increase versus the same period in 2021.
August 10, 2022, 12 AM MDT
During the second quarter, Pipestone Energy Corp. rig released six wells on the 2-32 pad, and four of a total six planned wells on the 14-19 pad.
August 10, 2022, 8:05 AM MDT
Second quarter capital expenditures for Crew Energy Inc. Greater Septimus focused on the equip and tie-in of the 4-14 pad during Q2/22, along with expansion of the infrastructure interconnectivity between Crew’s Septimus and West Septimus gas plants.
August 9, 2022, 12 AM MDT
Tenaz Energy Corp. has boosted capital spending guidance from $5.8 to $8.0 million following the completion of wells in the Leduc-Woodbend, driven by longer well lengths with more frack stages, higher-than-budgeted inflation in services prices, and costs for open-hole sidetracking in one of the wells due to a stuck drill pipe event.
August 8, 2022, 5:55 AM MDT
For the second half of 2022, Prairie Provident Resources Inc. expects to focus on reactivations, recompletions and optimization projects while following up on its successful 2021 drilling program in the Princess area, by drilling one (1.0 net) Glauconite formation well.
August 8, 2022, 9:53 AM MDT
Driven by a strong business environment in both the upstream and downstream segments, Suncor Energy Inc. reported strong Q2 financial results including record adjusted funds from operations of approximately $5.3 billion while it executed planned maintenance across its asset base.
August 5, 2022, 11:30 AM MDT
Pembina Pipeline Corporation says it expects to have secured the transportation, fractionation and marketing rights to a significant portion of forecasted future growth in the northeast B.C. (NEBC) Montney due to long-term commitments under three service agreements.
August 5, 2022, 10:59 AM MDT
Headwater Exploration Inc. currently has three drilling rigs active and will be adding a fourth drilling rig in the coming weeks.
August 5, 2022, 12 AM MDT
Enerplus Corporation is increasing its production guidance to 97,500 to 101,500 boe/d, from the prior guidance of 96,000 to 101,000.
August 5, 2022, 12 AM MDT
Backstopped by strong operational performance, an active drilling program and record natural gas output, Canadian Natural Resources Limited boosted Q2 output six per cent from the second quarter of 2021.
August 4, 2022, 10:45 AM MDT
Canadian Natural Resources Limited’s second quarter earnings more than doubled year-over-year and cash flow spiked, prompting the company to announce a special dividend.
August 4, 2022, 11:18 AM MDT
Ovintiv Inc. announced today it has acquired incremental transport to Chicago for its Montney gas, as it continues to employ a strategy of price diversification, to ensure it doesn’t get exposed purely to basin pricing.
August 4, 2022, 10:16 AM MDT
At Tupper Montney in the second quarter, Murphy Oil Corporation’s natural gas production averaged 275 mmcf/d.
August 4, 2022, 5:13 AM MDT
ConocoPhillips’s Canadian unit reported higher earnings for the April-June quarter of 2022.
August 4, 2022, 9:03 AM MDT
Kelt Exploration Ltd.'s average production for the three months ended June 30, 2022 was 27,713 boe/d, up 41 per cent from average production of 19,592 boe during the corresponding period in 2021 and up one per cent from average production of 27,413 boe during the first quarter of 2022.
August 4, 2022, 5:24 AM MDT
In the second quarter of 2022, financial success at ARC Resources Ltd. reached a new level.
August 3, 2022, 12 AM MDT
Second quarter average production for Perpetual Energy Inc. of 6,123 boe/d, was up 20 per cent from the comparative period of 2021.
August 3, 2022, 3:43 PM MDT
Pine Cliff Energy Ltd.’s board of directors has approved an increase in the 2022 capital expenditure budget from $25.5 million to $29.5 million.
August 3, 2022, 3:59 PM MDT
Paramount Resources Ltd.’s planned 2022 capital expenditures have been hiked by $80 million at the midpoint to a range of between $600 million and $640 million.
August 3, 2022, 4:19 AM MDT
NuVista Energy Ltd.’s production reached the top end of its guidance range at 65,032 boe/d in Q2 2022 (Q2 2021 - 51,485) during a period where planned facility maintenance occurred in all of its development areas.
August 3, 2022, 8:22 AM MDT
Heavy oil differential levels are expected to return to where they were prior to Russia’s invasion of Ukraine, says the chief executive of MEG Energy Corp.
August 2, 2022, 10 AM MDT
Advantage Energy Ltd. reported record production, record adjusted funds flow and a surge in profitability, while debt fell rapidly below its $200 million target.
August 2, 2022, 12 AM MDT
Despite weather-related operational challenges earlier this year, Imperial Oil Limited’s president and CEO Brad Corson says the company’s operations rebounded in Q2 and, along with strong commodity prices, backstopped solid production gains and financial results.
July 29, 2022, 11:09 AM MDT
Tamarack Valley Energy Ltd.’s exploration and development capital expenditures for the second half of 2022 have been updated to a range of $160-$170 million, totalling $340-$360 million for the year.
July 29, 2022, 12 AM MDT