“Done properly,” natural resource development could bring prosperity to the Northwest Territories and economic benefits to Canada, says the federal minister of intergovernmental and northern affairs and internal trade.
March 15, 2019, 7:50 AM MDT
March 15, 2019, 9:02 AM MDT
Despite the lowest natural gas prices in 19 years, gas-weighted Pine Cliff Energy Ltd. generated positive adjusted funds flow in the 2018 year and fourth quarter due to its market diversification strategy to non-AECO markets.
March 15, 2019, 9:08 AM MDT
Despite a challenging industry environment, Tidewater Midstream and Infrastructure Ltd. says it achieved record financial and operational results in the 2018 fourth quarter, driven mainly by its crude oil infrastructure and gas storage businesses.
March 15, 2019, 8:25 AM MDT
Nobody knows more about the “missed opportunity” from the failed Mackenzie gas pipeline project than the premier of the Northwest Territories.
March 14, 2019, 7:41 AM MDT
March 14, 2019, 10 AM MDT
Through the first half of 2019, Delphi Energy Corp. will complete and bring on production its four-well pad in West Bigstone.
March 14, 2019, 8:33 AM MDT
The Canadian Society for Unconventional Resources (CSUR) will play a key part in helping Alberta navigate the province’s opportunities in Canada’s fledgling LNG sector.
March 13, 2019, 6 AM MDT
March 13, 2019, 7:55 AM MDT
March 11, 2019, 6 AM MDT
The BC Oil and Gas Commission (OGC) informed Coastal GasLink that both the OGC and the provincial archaeological branch of the Ministry of Forests, Lands, Natural Resources and Rural Development (FLNRORD) have accepted the mitigation plan for Multi-Use Site 9A following the report of artifacts having been found at the site.
March 11, 2019, 6 AM MDT
As it marks its 20th year of operation, Peyto Exploration & Development Corp. is in a sense returning to its roots in the Cardium resource play as it positions the company for future growth as new export opportunities come into play.
March 8, 2019, 11:51 AM MST
Hedging helped to shield Peyto Exploration & Development Corp. from volatile commodity prices in 2018, which included reduced prices for condensate on the liquids side.
March 8, 2019, 11:50 AM MST
March 8, 2019, 8:30 AM MST
Thanks to strong performance from its oilsands mining and upgrading segment, Canadian Natural Resources Limited achieved record annual production of approximately 1,079,000 boe/d, delivering 12 per cent production growth from 1,060,629 boe/d a year earlier.
March 7, 2019, 11:46 AM MST
The Cardium play was revitalized with a “proven, innovative completion design,” resulting in a 200 per cent increase in booked Cardium locations, said Peyto Exploration & Development Corp.
March 7, 2019, 6:56 AM MST
March 7, 2019, 9:24 AM MST
Painted Pony Energy Ltd. increased average daily production volumes during 2018 by 35 per cent to 347 mmcfe/d, or 57,879 boe/d.
March 7, 2019, 7:59 AM MST
Liquids-weighted Athabasca Oil Corporation achieved a three per cent year-over-year increase in total proved plus probable reserves as higher thermal reserves offset lower light oil reserves.
March 7, 2019, 10:13 AM MST
Mandated production curtailments are “unlikely” for natural gas, similar to what happened with oil in Alberta, says the head of Tourmaline Oil Corp.
March 6, 2019, 9:49 AM MST
Pengrowth Energy Corporation’s top executive says the company is undertaking a strategic review to “evaluate various pathways to maximize Pengrowth's enterprise value and align it to the value of our two long-life low-decline assets.”
March 6, 2019, 10:40 AM MST
Pengrowth Energy Corporation’s average daily production for the fourth quarter increased 11 per cent to 24,104 boe/d compared with 21,807 boe/d in the third quarter of 2018 primarily as a result of infill wells coming on-line at Lindbergh and additional production from Groundbirch that was brought back onstream when gas prices improved.
March 6, 2019, 10:52 AM MST
Fourth quarter 2018 cash flow for Tourmaline Oil Corp. was $391.5 million, up 12 per cent over Q4 2017 and up 36 per cent over the third quarter of 2018 cash flow.
March 6, 2019, 12 AM MST
The Net Energy Inc. differential between West Texas Intermediate (WTI) and Western Canada Select (WCS) widened about 20 per cent in February to average US$11.95, up from $9.99 in January.
March 4, 2019, 10:16 AM MST
Encana Corporation's natural gas production is nearing one bcf/d from the Montney.
March 1, 2019, 3:11 AM MST