Modern drilling and completions technologies have lifted the fortunes of Kaybob Duvernay operators, resulting in much higher activity and production.
March 25, 2024, 12 AM MDT
Crescent Point Energy Corp. is seeing productivity improvements using its own well construction designs on new pads drilled across its recently acquired Montney lands, its technical team told analysts at the company’s investor day on Tuesday.
March 22, 2024, 9:02 AM MDT
The shipping distance between the Northwest Territories and Asia was highlighted by two government ministers as one of the advantages positioning the territory to succeed in LNG exports.
March 22, 2024, 5:31 AM MDT
March 22, 2024, 12 AM MDT
A flurry of acquisitions the last three years has repositioned Crescent Point Energy Corp. as a major asset holder in the Duvernay and Montney resources plays.
March 21, 2024, 12 AM MDT
Pieridae Energy Limited’s Goldboro LNG sales process is expected to conclude in the first half of 2024 and, once complete, will mark the conclusion of Pieridae’s strategic pivot away from East Coast LNG and toward an Alberta-focused natural gas production and processing business.
March 21, 2024, 11:16 AM MDT
Logan Energy Corp. successfully executed on its exploration and development capital expenditure program spending $74.1 million during the second half of 2023, in line with budgeted capital expenditures before A&D of $75.0 million for the period.
March 21, 2024, 12 AM MDT
March 20, 2024, 9:20 AM MDT
March 20, 2024, 9:36 AM MDT
Natural gas supplier Santos is evaluating structural options as it looks to unlock value for shareholders after its merger negotiations with fellow Australian LNG producer, Woodside Energy Group Limited, failed.
March 19, 2024, 6 AM MDT
March 19, 2024, 6:05 AM MDT
March 18, 2024, 12 AM MDT
TES has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane.
March 18, 2024, 9:58 AM MDT
March 18, 2024, 6 AM MDT
With the proceeds of its sale of its Pipestone facilities to AltaGas Ltd. putting Tidewater Midstream and Infrastructure Ltd. on firmer financial footing, improving efficiency and utilization at its remaining Deep Basin infrastructure will be the major focus for the company’s new executive management team in 2024.
March 15, 2024, 9:26 AM MDT
March 15, 2024, 10:47 AM MDT
TC Energy Corporation has entered into a binding letter agreement with Nisga’a Nation and Western LNG to sell Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership.
March 14, 2024, 3:33 PM MDT
Tidewater Midstream and Infrastructure Ltd. is cleaning up its balance sheet after the sale of its Pipestone gas plant and related infrastructure to AltaGas Ltd. that closed in late 2023.
March 14, 2024, 10:07 AM MDT
March 14, 2024, 12 AM MDT
Despite continued weakness in North American natural gas prices, STEP Energy Services Ltd. has yet to see a material pull-back in E&P customers’ activity.
March 13, 2024, 6 AM MDT
Construction of Vermilion Energy Inc.’s 16,000 boe/d Mica Montney battery is progressing as planned and remains on schedule for a mid-year start-up, the company noted in Q4 and year-end results.
March 13, 2024, 6 AM MDT
With approximately 70 per cent of its production hedged at almost $4/mcf and some of the lowest costs in the industry, Peyto Exploration & Development Corp. has no current plans to cut its 2024 capital spending like other gas focused operators.
March 12, 2024, 12 AM MDT
March 12, 2024, 12 AM MDT
Tourmaline Oil Corp. reported proved, developed producing (PDP) reserves of 1.20 billion boe at year-end 2023, up slightly over 39 per cent after accounting for 2023 annual production of 189.9 million boe.
March 12, 2024, 12 AM MDT
The pace of gas well licensing has declined across Western Canada compared to last year as producers review their capital spending plans along with the timing of drilling gas wells due to low prices.
March 11, 2024, 12 AM MDT
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