InPlay Oil Corp. reported record quarterly light oil production of 4,142 bbl/d and increased its light oil and NGLs weighting to 59 per cent in the fourth quarter of 2023.
March 19, 2024, 12 AM MDT
March 19, 2024, 12 AM MDT
March 18, 2024, 12 AM MDT
Cardinal Energy Inc.’s capital expenditures for the fourth quarter were $41.3 million, consisting of $3.5 million on recompletions and workovers throughout its operating areas combined with $7.9 million on facilities and infrastructure upgrades.
March 18, 2024, 12 AM MDT
March 18, 2024, 6 AM MDT
March 18, 2024, 6 AM MDT
Rubellite Energy Inc. rig released a total of 11 (11.0 net) wells in its two-rig, fourth quarter development drilling program at Figure Lake.
March 15, 2024, 9:08 AM MDT
March 15, 2024, 8 AM MDT
March 15, 2024, 12 AM MDT
March 15, 2024, 10:23 AM MDT
Global oil demand is forecast to rise by a higher-than-expected 1.7 million bbls/d in Q1 2024 on an improved outlook for the United States and increased bunkering, the International Energy Agency (IEA) forecasts in its latest oil market report.
March 14, 2024, 12 AM MDT
For 2024, Canadian oil supply is forecast to grow by 160,000 bbls/d to an annual high of six million bbls/d, according to the International Energy Agency’s (IEA) latest oil market report.
March 14, 2024, 12 AM MDT
March 14, 2024, 12 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
March 13, 2024, 10:29 AM MDT
March 13, 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
March 12, 2024, 10:47 AM MDT
March 11, 2024, 9:59 AM MDT
March 11, 2024, 12 AM MDT
March 11, 2024, 6 AM MDT
As a result of Headwater Exploration Inc.’s success in accumulating incremental lands year to date in 2024, the board of directors has approved an expansion of the company's 2024 capital budget from $180 million to $200 million.
March 8, 2024, 12 AM MST
Headwater Exploration Inc. reported record production of 19,939 boe/d (93 per cent heavy oil), an increase of 28 per cent over 2022 fourth quarter production of 15,546 boe/d (87 per cent heavy oil).
March 8, 2024, 12 AM MST
March 8, 2024, 5:51 AM MST
March 7, 2024, 3:06 PM MST
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