March 16, 2023, 12 AM MDT
March 15, 2023, 9:59 AM MDT
March 14, 2023, 10:39 AM MDT
March 13, 2023, 9:35 AM MDT
March 10, 2023, 7:10 AM MST
Kelt Exploration Ltd. has reduced its 2023 capital expenditure program to $285.0 million, down from $310.0 million in its previous guidance.
March 3, 2023, 7:01 AM MST
March 3, 2023, 8:51 AM MST
Given the current and prolonged weakness in prices, Canadian Natural Resources Limited could look to reduce activity on its natural gas asset base as 2023 unfolds.
March 2, 2023, 2:42 PM MST
With minimal net debt and continued strong free cash flows projected into 2023, Tourmaline Oil Corp. is keeping a close watch on M&A markets while considering a formalized share buyback program or increased dividends to return capital to shareholders, company president and chief executive officer Mike Rose told shareholders at Tourmaline’s 2022 year-end and fourth quarter conference call.
March 2, 2023, 12:31 PM MST
After setting a quarterly production record in Q4 of 110,805 bbls/d, MEG Energy Corp. officials say there’s room to add volumes from the company’s Christina Lake asset at a slow and steady pace going forward.
March 1, 2023, 12 AM MST
The B.C. government is forecasting lower natural gas royalty revenue for 2023/24, with prices easing, although that’s offset by rising production.
March 1, 2023, 11:13 AM MST
The spread between West Texas Intermediate (WTI) and Western Canadian Select (WCS) oil prices is expected to narrow as factors that weighed on the differential in late 2022 dissipate and additional pipeline capacity comes online later this year, the Alberta government noted in its budget tabled on Feb. 28.
February 28, 2023, 3:19 PM MST
Bitumen royalties are estimated at $12.6 billion in 2023/24, $6.2 billion less than in 2022/23, due primarily to the lower oil price forecast.
February 28, 2023, 3:20 PM MST
Strong fundamentals are expected to support natural gas prices in Western Canada, the Alberta government forecast in its annual budget tabled on Feb. 28.
February 28, 2023, 3:20 PM MST
February 27, 2023, 5:50 AM MST
February 24, 2023, 6:52 AM MST
February 22, 2023, 9:10 AM MST
Cenovus Energy Inc. is optimistic that the recent tightening of the West Texas Intermediate (WTI)-Western Canadian Select (WCS) differential will be an ongoing trend as 2023 unfolds.
February 17, 2023, 6 AM MST
February 17, 2023, 7:31 AM MST
February 10, 2023, 6:38 AM MST
February 6, 2023, 12 AM MST
February 3, 2023, 6:14 AM MST
February 2, 2023, 9:28 AM MST
February 2, 2023, 11:01 AM MST
Although “strength in commodity prices was a key part of the story” for 2022, Imperial Oil Limited’s top executive says the widening of West Texas Intermediate (WTI)-Western Canadian Select (WCS) differentials was an unwelcome turn of events.
February 1, 2023, 12 AM MST
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