NuVista Energy Ltd.’s capital expenditure guidance for 2023 is set at a range of $425 - $450 million.
November 9, 2022, 7:09 AM MST
During and subsequent to the end of the third quarter, NuVista Energy Ltd. reached a number of new milestones that reflect the repeatable and profitable nature of its business plan, the company said in its Q3 results.
November 9, 2022, 7:24 AM MST
Pipestone Energy Corp. is increasing its capital expenditure guidance for 2022, from $225 - $235 million to an estimate of $240 million.
November 9, 2022, 7:48 AM MST
Birchcliff Energy Ltd.’s F&D capital expenditures were $85.3 million in Q3 2022, which included drilling eight (8.0 net) wells and bringing 19 (19.0 net) wells on production.
November 9, 2022, 2:25 PM MST
The Western Canadian natural gas price marker of AECO, like its U.S. cousin Henry Hub, is a benchmark price.
November 8, 2022, 12 AM MST
Montney gas wells are reaching record levels of productivity as the formation continues to prove its dominance in western Canadian natural gas production.
November 8, 2022, 10:30 AM MST
November 8, 2022, 12 AM MST
Pembina Pipeline Corporation plans on using any excess cash flow generated in the next year to reload its balance sheet in anticipation of funding a long list of potential growth opportunities worth up to $4 billion, company executives told analysts at its third quarter conference call.
November 7, 2022, 12 AM MST
ARC Resources Ltd. recorded major gains in both net income and cash flow from operating activities in the three-month span ending Sept. 30, 2022 compared to the same days a year earlier.
November 7, 2022, 12 AM MST
Enbridge Inc. is proceeding with a 300-mmcf/d expansion of the T-South segment of its B.C. pipeline system at a capital cost of up to C$3.6 billion, the company announced this morning.
November 4, 2022, 6:02 AM MDT
With his company fresh off setting a natural gas production record in Q3, Canadian Natural Resource Limited’s top executive says the outlook for the commodity remains positive despite the recent weakening of prices and increased need for additional egress.
November 4, 2022, 12 AM MDT
Pembina Pipeline Corporation reported earnings of $1.83 billion in the third quarter 2022 driven by a $1.1 billion gain on the sale of assets related to the formation of the new Pembina Gas Infrastructure Inc. joint venture with partner KKR.
November 4, 2022, 8:56 AM MDT
November 4, 2022, 9:10 AM MDT
The ARC Resources Ltd.’s board of directors has approved the company’s preliminary 2023 capital budget of $1.8 billion.
November 4, 2022, 9:50 AM MDT
Crew Energy Inc.’s strong 2022 financial performance in achieving leverage targets provides the flexibility to expedite two projects that were originally planned for the first quarter of next year.
November 4, 2022, 12 AM MDT
With inflationary pressures hooked into many aspects of the energy industry, Tourmaline Oil Corp. possesses qualities and has deployed tactics to fend against it.
November 3, 2022, 1:41 PM MDT
Thanks in part to the highest natural gas output in its history, Canadian Natural Resources Limited achieved record total quarterly production of approximately 1.34 million boe/d while third quarter earnings climbed to approximately $2.8 billion.
November 3, 2022, 11:22 AM MDT
Murphy Oil Corporation saw a significant increase in production from its Montney assets in the Tupper area of northeast B.C. in the third quarter of 2022, but higher royalty rates resulted in the price equivalent of 3,000 boe/d taken out of production, said executive vice-president of operations Eric Hambly at the company’s third quarter conference call Thursday.
November 3, 2022, 10:41 AM MDT
Paramount Resources Ltd. achieved record quarterly sales volumes of 97,601 boe/d (46 per cent liquids) in the third quarter, including record monthly sales volumes of 104,506 boe/d (46 per cent liquids) in September.
November 3, 2022, 6:10 AM MDT
Bolstered by the strong Q3 operation performance of its Canadian assets, International Petroleum Corporation (IPC) achieved record quarterly average net production of 50,000 boe/d, a mark that was above output of 46,800 boe/d during the same period last year.
November 1, 2022, 9:49 AM MDT
Topaz Energy Corp.’s Q3 2022 average royalty production of 16,485 boe/d decreased one per cent from Q2 2022 (16,676 boe/d) due to planned and unplanned maintenance activities that limited certain natural gas (and natural gas liquids) processing capability.
November 1, 2022, 2:34 PM MDT
October 31, 2022, 12 AM MDT
Advantage Energy Ltd. says production remains on track to achieve corporate guidance for 2022 despite having shut-in an average of approximately 2,500 boe/d of AECO-exposed production during extremely low prices.
October 28, 2022, 9:27 AM MDT
Russia’s invasion of Ukraine has sparked a global energy crisis that is causing “profound and long-lasting changes” that have the “potential to hasten the transition” to a more sustainable and secure energy system, the International Energy Agency (IEA) says in its World Energy Outlook (WEO) released today.
October 27, 2022, 10:36 AM MDT
High energy prices, heightened energy security concerns and strengthened climate policies are “putting an end to a decade of rapid progression” for natural gas, the International Energy Agency (IEA) says in its 2022 World Energy Outlook (WEO).
October 27, 2022, 1:17 PM MDT
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