Spartan Delta Corp.’s capital expenditures, before acquisitions and dispositions (A&D), were $189 million in 2021, of which $116 million was spent in the fourth quarter.
March 9, 2022, 6:26 AM MST
NuVista Energy Ltd.’s recent well performance has exceeded expectations, and in addition the onstream dates for new wells have been ahead of schedule.
March 9, 2022, 12 AM MST
As energy supply in Europe tightens during Russia’s invasion of Ukraine, some are wondering about the potential role of a Calgary-based oil and gas producer.
March 8, 2022, 1:06 PM MST
Crew Energy Inc.’s first quarter capital expenditures are expected to constitute approximately 60 per cent of the program’s full year total, with the remainder to be directed to projects with superior returns at Greater Septimus or Groundbirch in the second half of 2022.
March 8, 2022, 3:16 PM MST
March 8, 2022, 12 AM MST
Commodity prices helped carry Vermilion Energy Inc. to a considerable increase in fund flows from operations (FFO) in its fourth quarter of 2021.
March 7, 2022, 2:55 PM MST
MEG Energy Corp. delivered record bitumen production volumes for the fourth quarter and full-year 2021 while generating strong earnings and funds flow from operations.
March 4, 2022, 9:10 AM MST
The U.S. Energy Information Administration (EIA) anticipates that international demand for liquid fuels and natural gas will influence growth of American energy production through to 2050.
March 4, 2022, 12 AM MST
Tamarack Valley Energy Ltd. has entered into a strategic partnership with the Peavine Metis Settlement in the High Prairie area that covers 29.5 sections of land, which are prospective for the Clearwater formation.
March 4, 2022, 5:38 AM MST
March 4, 2022, 10:42 AM MST
As a privately-held startup oil and gas entity, B-32 Exploration Ltd. is laser-focused on central Alberta’s Duvernay play.
March 3, 2022, 12 AM MST
Crescent Point Energy Corp. says it continues to gain operational momentum in its Kaybob Duvernay play, realizing ongoing operational efficiencies and cost reductions.
March 3, 2022, 11:32 AM MST
Canadian Natural Resources Limited amped up 2021 production to record quarterly and annual levels and achieved output of approximately 1.24 million boe/d, representing an increase of six per cent or approximately 71,000 boe/d over 2020 levels.
March 3, 2022, 11:04 AM MST
Given the changing dynamics of global crude markets, spiking prices and a fast-evolving geopolitical environment driven by the Russian invasion of Ukraine, Canadian Natural Resources Limited’s top executive believes the heavy oil market remains in good shape.
March 3, 2022, 4:17 PM MST
Two “opportunistic” acquisitions of natural gas and liquids-weighted companies in 2020 and 2021 have been beneficial to Canadian Natural Resources Limited, and helped in boosting production of the commodities to record highs.
March 3, 2022, 2:51 PM MST
March 3, 2022, 9:22 AM MST
Yangarra Resources Ltd. remains committed to a “disciplined” one-rig, 30 well program, with the balance of free-cash flow generated to be used for debt retirement until the company achieves its debt targets.
March 3, 2022, 3:31 PM MST
When Baytex Energy Corp. entered the Pembina Duvernay in 2018 following its strategic combination with Raging River Exploration Inc., the play was well down the list of priorities for the newly-merged entity as it focused on more mature assets like the Viking and Eagle Ford.
March 2, 2022, 5:34 AM MST
Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.
March 2, 2022, 2:28 PM MST
First Helium Inc. announced first month's average daily production of approximately 430 bbls/d of light oil from its successful 1-30 discovery well which is located on First Helium's 100 per cent owned, 79,000 acre Worsley landholdings.
March 2, 2022, 7:32 AM MST
Paramount Resources Ltd.’s board of directors has approved an increase in the company's regular monthly dividend to eight from six cents per common share.
March 2, 2022, 6:07 AM MST
Royalty and infrastructure company Topaz Energy Corp. reported record year-over-year increases in production and cash flow in the final quarter of 2021.
March 2, 2022, 8:14 AM MST
March 2, 2022, 12 AM MST
When Crescent Point Energy Corp. announced its $900-million acquisition of Shell plc’s Kaybob Duvernay assets in Alberta in February of 2021 it signaled a new core area for the company, one which has quickly climbed the ranks of priority within its asset base.
March 1, 2022, 6 AM MST
March 1, 2022, 11:03 AM MST
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