August 12, 2022, 8:53 AM MDT
Despite an extremely wet June that hampered operations, Peyto Exploration & Development Corp.’s Q2 output increased 17 per cent year-over-year as an increased capital expenditure program over the past year helped pad volumes.
August 11, 2022, 11:19 AM MDT
Reinjecting ethane into the gas stream limited reportable sales volumes for Pieridae Energy Limited last quarter and is a factor in the company revising its production guidance for the year.
August 11, 2022, 7:16 AM MDT
Strong realized refining margins from Tidewater Midstream and Infrastructure Ltd.’s Prince George refinery contributed to consolidated net income of $18.8 million and adjusted EBITDA of $69.9 million in the second quarter of 2022. Adjusted EBITDA grew by approximately 34 per cent compared to the same period in the prior year, reported the company.
August 11, 2022, 8:25 AM MDT
August 11, 2022, 7:37 AM MDT
Natural gas is the hottest commodity in the world right now. The global LNG market was beginning to tighten in the second half of last year with the post-COVID economic rebound in gas consumption and a lack of investment in LNG-related infrastructure over the past several years.
August 10, 2022, 6 AM MDT
Birchcliff Energy Ltd.’s F&D capital expenditures in 2022 are now anticipated to be $275 million to $285 million, up from $240 to$260 million, primarily as a result of increased inflation and the procurement of certain long-lead capital items to prepare for the efficient execution of the 2023 capital program.
August 10, 2022, 2:30 PM MDT
Birchcliff Energy Ltd.’s F&D capital expenditures were $84.2 million in Q2 2022.
August 10, 2022, 2:57 PM MDT
FortisBC Holdings Inc. and Musqueam Indian Band announced the signing of an agreement, which will result in the parties sharing benefits associated with the Tilbury LNG projects.
August 10, 2022, 10:07 AM MDT
TC Energy Corporation has completed its previously announced public offering of common shares of the company.
August 10, 2022, 6:34 AM MDT
August 10, 2022, 12 AM MDT
Crew Energy Inc. now plans to invest between $130 and $140 million of net capital expenditures for 2022, resulting in average annual production guidance of 32,000 to 33,000 boe/d.
August 9, 2022, 12 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
ARC Resources Ltd. has taken a world class asset with Kakwa and implemented its “operational excellence” to make it even more profitable, said president and chief executive officer Terry Anderson.
August 8, 2022, 8:43 AM MDT
Front-end engineering design activities and commercial discussions with a diverse group of potential customers are both underway for the Cedar LNG project, says Pembina Pipeline Corporation.
August 8, 2022, 12 AM MDT
August 8, 2022, 12 AM MDT
August 8, 2022, 8:55 AM MDT
Canadian Natural Resources Limited continued to benefit from its diverse marketing scheme and production mix in the second quarter as natural gas and synthetic crude oil prices strengthened, says company president Tim McKay.
August 5, 2022, 12 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
The second quarter of 2022 saw Keyera Corp. grow processing throughput in both its gathering and processing and liquids infrastructure segments year-over-year.
August 5, 2022, 7:03 AM MDT
August 5, 2022, 12 AM MDT
Canadian Natural Resources Limited has increased its 2022 capital budget to $4.92 billion from $4.35 billion as the company looks to “capture additional value by accelerating strategic growth opportunities” within its large and diverse asset base and to account for inflationary pressures.
August 4, 2022, 2:05 PM 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
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
Improved productivity has kept supply costs stable, but inflation now hitting hard as service companies struggle to find solid ground
August 4, 2022, 6 AM MDT
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