Tourmaline Oil Corp.'s board of directors has approved a full year 2024 EP capital budget of $2.15 billion, reflecting a 14-15 rig program and including $225 million associated with the Bonavista Energy Corporation assets.
November 1, 2023, 3:30 PM MDT
November 1, 2023, 12 AM MDT
Topaz Energy Corp. posted strong Q3 results and has announced a small Clearwater royalty and infrastructure acquisition, further building on its exposure to the growing heavy oil play.
October 31, 2023, 9:05 AM MDT
October 31, 2023, 12 AM MDT
October 30, 2023, 6:35 AM MDT
October 30, 2023, 6:37 AM MDT
Whitecap Resources Inc. expects to spend over $100 million annually the next three years building infrastructure as it grows Montney and Duvernay production from 70,000 to 110,000 boe/d by the end of 2027, president and chief executive officer Grant Fagerheim said at the company’s third quarter 2023 conference call.
October 27, 2023, 12 AM MDT
Advantage Energy Ltd. acquired 53 net sections of Montney rights at Conroy in B.C. to increase geographic exposure to export markets including its participation in the Rockies LNG project.
October 27, 2023, 6:53 AM MDT
October 27, 2023, 9:34 AM MDT
October 27, 2023, 6:09 AM MDT
October 27, 2023, 6:12 AM MDT
Whitecap Resources Inc. hit its $1.3 billion debt target in the third quarter of 2023, with the company now promising to deliver 75 per cent of free cash flow to shareholders through its base dividend and share buybacks, the company reported.
October 26, 2023, 8:06 AM MDT
Increased output from its Clearwater and Charlie Lake assets helped Tamarack Valley Energy Ltd. deliver Q3 production of 68,597 boe/d, the highest quarterly production in company's history and a 58 per cent year-over-year increase.
October 26, 2023, 10:33 AM MDT
PrairieSky Royalty Ltd. reported 246 wells spud on its royalty properties in Q3, including 238 oil wells with activity focused in the Clearwater, Mannville Stack and Viking plays.
October 26, 2023, 12 AM MDT
October 26, 2023, 5:30 AM MDT
Current energy, climate change and industrial policy will result in peak oil and gas demand by 2030, according to the World Energy Outlook 2023 released by the International Energy Agency (IEA) this morning.
October 24, 2023, 8:26 AM MDT
Coelacanth Energy Inc. has completed two wells at Two Rivers West and has finished the drilling of a five-well pad at Two Rivers East.
October 23, 2023, 6 AM MDT
October 23, 2023, 6 AM MDT
October 23, 2023, 11:07 AM MDT
Higher oil and condensate prices resulted in operators targeting liquids-rich or oil-prone areas of the Montney over the last five years.
October 19, 2023, 6 AM MDT
Ksi Lisims LNG has applied for environmental approval for its proposed 12 million-tonne-per-year liquefied natural gas project in B.C.
October 19, 2023, 8:08 AM MDT
In the 18 years since ARC Resources Ltd. drilled the first horizontal, multistage fractured well in the Montney formation over 12,000 tight oil and gas wells have penetrated the massive resource play straddling the Alberta and British Columbia border.
October 16, 2023, 6 AM MDT
October 13, 2023, 10:12 AM MDT
October 12, 2023, 12 AM MDT
October 11, 2023, 6 AM MDT
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