Tourmaline Oil Corp. continues to see exploration success drilling its undeveloped asset base in northeast B.C. and the Deep Basin area of western Alberta, company president and chief executive officer Mike Rose told analysts at the company’s first quarter 2023 conference call.
May 5, 2023, 12 AM MDT
Lower commodity prices took a bite out of ARC Resources Ltd.’s operating cash flow and free cash flow in the first quarter of 2023, but the company continued delivering cash back to investors through share buybacks and increased dividends.
May 5, 2023, 9:21 AM MDT
Canadian Natural Resources Limited delivered record natural gas production in the first quarter and boosted overall volumes to 1.32 million boe/d from 1.28 million boe/d during the comparable period in 2022, representing a three per cent year-over-year increase.
May 4, 2023, 10:32 AM MDT
Vermilion Energy Inc. says its North American production increase in the first quarter of 2023 was primarily due to new production from its Alberta Deep Basin and Montney assets in Canada.
May 4, 2023, 10:53 AM MDT
Tourmaline Oil Corp. reported record production in the first quarter of 2023, with its ongoing market diversification and hedging program driving financial results.
May 4, 2023, 8:48 AM MDT
Advantage Energy Ltd.’s adjusted funds flow (AFF) was $96.8 million, compared to $108.9 million the previous year.
May 1, 2023, 12 AM MDT
AltaGas Ltd. is working to optimize its existing upstream propane and butane value chain to fill export terminal capacity and lower costs, while planning future capacity increases, analysts heard at the company’s first quarter 2023 conference call.
April 27, 2023, 12 AM MDT
Royal Vopak and AltaGas Ltd. announced definitive agreements for a new 50/50 joint venture to further evaluate development of the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with marine infrastructure on Ridley Island, British Columbia.
April 26, 2023, 12 AM MDT
AltaGas Ltd. reported first quarter 2023 income before taxes of $619 million, up from $504 million during the same quarter of 2022, on the back of strong performance by its utilities business segment.
April 26, 2023, 8:25 AM MDT
Kelt Exploration Ltd. is almost done delineating its Alberta Montney assets and will move into the development phase in 2023, company president and chief executive officer David Wilson said at its annual general meeting last week.
April 25, 2023, 12 AM MDT
ConocoPhillips has successfully completed its appraisal stage in the Montney and is moving to development.
April 12, 2023, 7:32 AM MDT
B.C. Montney operators increased natural gas production over the last two years despite uncertainty from the Blueberry River First Nations (BRFN) licensing delay, a royalty review and update, and a growing provincial focus on emissions reduction.
April 3, 2023, 5:21 AM MDT
Hammerhead Energy Inc.'s 2023 capital program is development-focused with a continuous two-rig program expected to drill approximately 40 wells.
April 3, 2023, 9:38 AM MDT
Spartan Delta Corp. doubled production in the 19 months it operated the Montney assets sold to Crescent Point Energy Corp. in the $1.7 billion deal announced yesterday.
March 29, 2023, 11:06 AM MDT
Crescent Point Energy Corp. will use the knowledge gained developing its adjacent Kaybob Duvernay condensate play to improve operational performance and potentially grow its new Montney assets acquired from Spartan Delta Corp., company president and chief executive officer Craig Bryksa told analysts at a conference call this morning discussing the deal.
March 28, 2023, 9:45 AM MDT
Crescent Point Energy Corp. has entered into an agreement with Spartan Delta Corp. to acquire Spartan's oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash.
March 28, 2023, 5:08 AM MDT
InPlay Oil Corp. reported record average annual production of 9,105 boe/d, up from 5,768 boe/d the previous year.
March 15, 2023, 6:39 AM MDT
Vermilion Energy Inc. posted a production average through its North American operations of 58,499 boe/d during the fourth quarter of 2022. This represents a two per cent rise from the previous quarter.
March 9, 2023, 3:49 PM MST
Peyto Exploration & Development Corp. increased its pace of capital investment in 2022, resulting in strong production and reserves growth and record-setting earnings and cash flow.
March 9, 2023, 11:03 AM MST
Crew Energy Inc.’s 2023 net capital expenditures have been lowered to $190 to $210 million, from the original budget of $230 to $250 million.
March 9, 2023, 12 AM MST
In Q4 2022, Pipestone Energy Corp. achieved record average quarterly production totaling 33,816 boe/d (30 per cent condensate and crude oil, 42 per cent total liquids), representing a five per cent quarterly increase over Q3 2022, and a 18 per cent increase over Q4 2021.
March 9, 2023, 12 AM MST
Pine Cliff Energy Ltd.'s announced a 2023 capital budget of $27.9 million to be fully funded from adjusted funds flow.
March 8, 2023, 6:12 AM MST
NuVista Energy Ltd.’s operations in the field continue to progress successfully as planned.
March 8, 2023, 7:30 AM MST
Crescent Point Energy Corp.’s entry into Alberta’s Kaybob Duvernay formation in 2021 has succeeded to the point where the purchase will have paid for itself by the end of the first quarter 2023, investors were told during the company’s fourth-quarter results conference call.
March 3, 2023, 6:33 AM MST
Kelt Exploration Ltd.’s average production in Q4 was 28,036 boe/d, up nine per cent compared to average production of 25,815 boe during the fourth quarter of 2021.
March 3, 2023, 7:29 AM MST
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