Journey Energy Inc. reduced its 2023 capital budget to $46 million from $63 million and now anticipates drilling seven (5.6 net) wells in the Medicine Hat and Cherhill pools.
August 10, 2023, 8:13 AM MDT
August 10, 2023, 9:04 AM MDT
August 9, 2023, 10:02 AM MDT
Enbridge Inc. expects to jointly finalize the settlement with industry for Mainline tolls and submit an application for its approval to the Canada Energy Regulator (CER) by October.
August 4, 2023, 10:41 AM MDT
August 4, 2023, 2 PM MDT
Canadian Natural Resources Limited says the outlook for western Canadian crude producers remains “constructive” and is set up well going into 2024 as the Trans Mountain expansion project is expected to call for line fill in the coming months.
August 3, 2023, 3:57 PM MDT
August 3, 2023, 9:39 AM MDT
International Petroleum Corporation (IPC) achieved a major milestone in the second quarter by signing the engineering, procurement and construction (EPC) contract for the central processing facility of the Blackrod Phase 1 project.
August 2, 2023, 12 AM MDT
August 2, 2023, 12 AM MDT
Athabasca Oil Corporation announced a deal to sell non-core light oil assets for total cash proceeds of $160 million.
August 1, 2023, 12 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
After a relatively strong first half of the year, Imperial Oil Limited’s top executive has a somewhat bullish take on the crude and refined product markets for the second half of 2023.
July 31, 2023, 12 AM MDT
With its new Ranger Oil Corporation acquisition in the Eagle Ford Basin scaling up its operating capacity since June, Baytex Energy Corp. announced production during the second quarter of 2023 of 89,800 boe/d — 86 per cent oil and NGLs.
July 31, 2023, 12 AM MDT
“It’s been a busy week” was the understated opening of remarks this morning by François Poirier, president and CEO of TC Energy Corporation, in describing the transformative deals announced over the past five days that set out the company’s path for the next decade.
July 28, 2023, 10:23 AM MDT
TC Energy Corporation released its second quarter financial and operating results on Thursday.
July 28, 2023, 10:49 AM MDT
TC Energy Corporation’s board of directors has approved plans for TC Energy to separate into two independent, investment-grade, publicly listed companies through the spinoff of its Liquids Pipelines business.
July 27, 2023, 2:18 PM MDT
François Poirier will remain as president and CEO of TC Energy Corporation following an announced spinoff.
July 27, 2023, 2:30 PM 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
July 26, 2023, 9:14 AM MDT
Athabasca Oil Corporation pointed to a mix of factors that should keep Western Canadian Select (WCS) prices in a strong position in the second half of 2023 and into 2024.
July 26, 2023, 3:21 PM MDT
Athabasca Oil Corporation’s Q2 production averaged 34,000 boe/d (93 per cent liquids) consisting of 29,000 bbl/d in Thermal Oil and 5,000 boe/d in Light Oil.
July 26, 2023, 3:43 PM MDT
July 25, 2023, 10:41 AM MDT
July 21, 2023, 10:58 AM MDT
Prospera Energy Inc. announced the planned mid-August spud of its Phase 2 restructured development program intended to increase production.
July 21, 2023, 12 AM MDT
July 21, 2023, 6:03 AM MDT
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