Pipestone Energy Corp.’s capital expenditures in 2023 were front-loaded in 2023 as a result of delineation spending, as well as to provide surety on full year production guidance.
August 9, 2023, 6:28 AM MDT
Pembina Pipeline Corporation’s top executive says the final investment decision (FID) for the proposed Cedar LNG project has been delayed to the fourth quarter.
August 4, 2023, 11:03 AM MDT
Vermilion Energy Inc.’s second quarter 2023 production numbers were up compared to Q1 and flat with Q2 2022 despite operational challenges created by Alberta’s wildfires and the disposition of Saskatchewan assets that led to a 10 per cent drop in North America, and a pipe leak problem at its Wandoo gas platform off the coast of Australia that led to a prolonged shut-in.
August 4, 2023, 6:37 AM MDT
Production for Tourmaline Oil Corp. in the second quarter of 2023 was impacted by wildfires and declined year-over-year.
August 4, 2023, 12 AM MDT
Hammerhead Energy Inc. continued a two-rig development program with quarterly capital expenditures and net cash used in investing activities of $95.3 million and $132.3 million, respectively.
August 4, 2023, 12 AM MDT
Spartan Delta Corp. successfully executed a $95.8 million capital program in the second quarter of 2023, with specific focus placed on the continued development across multiple horizons in the Deep Basin as well as development of its recently divested Gold Creek and Karr assets located in the Montney oil window.
August 4, 2023, 12 AM MDT
During the second half of 2023, Perpetual Energy Inc. is planning to participate at its 50 per cent working interest in an East Edson drilling program to drill, complete, equip and tie-in an additional four to six (2.0 to 2.8 net) horizontal wells to fill the West Wolf gas plant in order to optimize production and operating costs, meet transportation commitments and maximize natural gas and NGL sales through next winter.
August 4, 2023, 8:33 AM MDT
At Murphy Oil Corporation’s Tupper Montney, natural gas production averaged 341 mmcf/d in the second quarter, with 10 operated wells brought online.
August 3, 2023, 5:35 AM MDT
Production for Kiwetinohk Energy Corp. rallied to 20,432 boe/d last quarter from 16,810 boe/d during the same period in 2022.
August 3, 2023, 12 AM MDT
Tourmaline Oil Corp. says it is “evolving” a new growth project in the South Montney complex in addition to the planned major North Montney development.
August 2, 2023, 3:16 PM MDT
Paramount Resources Ltd.'s operations in the Grande Prairie and Kaybob Regions were significantly interrupted by wildfires in the second quarter that necessitated the temporary shut-in of a number of fields and facilities.
August 2, 2023, 6:51 AM MDT
Ovintiv Inc. president and chief executive officer Brendan McCracken said the company continues to evaluate and is “engaged in” all West Coast LNG projects that are under construction or pre-final investment decision.
August 1, 2023, 7:32 AM MDT
AltaGas Ltd. exported 115,589 bbls/d of LPGs to Asia during the second quarter of 2023, including 11 full and one partially loaded VLGC at RIPET and eight VLGCs loaded at Ferndale.
July 31, 2023, 12 AM MDT
Advantage Energy Ltd.’s 2023 capital guidance remains between $250 million and $280 million.
July 28, 2023, 12 AM MDT
Whitecap Resources Inc. expects to ramp up activity in its Montney and Duvernay resource play assets over the next five years as it raises overall production to 200,000 boe/d, company president and chief executive officer Grant Fagerheim told analysts at its 2023 second quarter conference call.
July 27, 2023, 10:41 AM MDT
Tamarack Valley Energy Ltd. significantly expanded its Clearwater and Charlie Lake infrastructure footprint in the first half of the year, which will help the company reduce its cost structure and enhance free funds flow generation going forward.
July 27, 2023, 11:05 AM MDT
Wolf Midstream Canada LP and Northern Lakeland Indigenous Alliance (NLIA) announced they have closed a subscription agreement whereby a group of five Alberta-based First Nations and Métis Settlements have acquired an approximately 43 per cent interest in the Access NGL Pipeline System (Access NGL) from Wolf.
July 27, 2023, 8:55 AM MDT
Crescent Point Energy Corp. generated $278 million of excess cash flow in second quarter of 2023, driven by strong performance from its liquids rich Kaybob Duvernay assets and its new Montney tight oil assets purchased from Spartan Delta Corp. early in 2023.
July 26, 2023, 7:44 AM MDT
Crescent Point Energy Corp. has turned its technical team loose on the Gold Creek Montney assets acquired from Spartan Delta Corp. earlier this year and is already seeing positive trends in well costs and incremental productivity increases, chief operating officer Ryan Gritzfeldt told analysts at the company’s second quarter 2023 conference call Wednesday morning.
July 26, 2023, 1:34 PM MDT
Canadian oil supply fell by 210,000 bbls/d to 5.3 million bbls/d in May, according to the International Energy Agency (IEA).
July 13, 2023, 12 AM MDT
July 10, 2023, 12 AM MDT
Higher natural gas prices in 2022 resulted in a seven per cent increase in marketable natural gas in Alberta, reaching the highest production level since 2010, says the Alberta Energy Regulator (AER) in its 2023 outlook report.
June 29, 2023, 12 AM MDT
Saturn Oil & Gas Inc. has restored over 90 per cent of the estimated 10,000 boe/d (60 per cent oil and NGLs) of production that was curtailed since May 4, 2023 as a result of the wildfires in Alberta.
June 14, 2023, 12 AM MDT
Keyera Corp. has started up all six gas plants that were shut-in due to the Alberta wildfires.
June 9, 2023, 12 AM MDT
Tourmaline Oil Corp. reported no injuries to staff related to the wildfires, no damage to producing infrastructure and that production has resumed at all but one of the affected facilities.
June 8, 2023, 12 AM MDT
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