Advantage Energy Ltd. acquired 53 net sections of Montney rights at Conroy in B.C. to increase geographic exposure to export markets including its participation in the Rockies LNG project.
October 27, 2023, 6:53 AM MDT
October 27, 2023, 9:55 AM MDT
October 27, 2023, 10:01 AM MDT
October 27, 2023, 6:09 AM MDT
October 27, 2023, 6:12 AM MDT
Clearview Resources Ltd.’s first drill in five years at 15-25-43-05W5 in the Wilson Creek area was successfully completed in September, placing 1,587 tonnes of sand in 106 discrete intervals distributed throughout the nearly 3,000 meter horizontal section in the Cardium formation.
October 27, 2023, 12 AM MDT
Whitecap Resources Inc. hit its $1.3 billion debt target in the third quarter of 2023, with the company now promising to deliver 75 per cent of free cash flow to shareholders through its base dividend and share buybacks, the company reported.
October 26, 2023, 8:06 AM MDT
Increased output from its Clearwater and Charlie Lake assets helped Tamarack Valley Energy Ltd. deliver Q3 production of 68,597 boe/d, the highest quarterly production in company's history and a 58 per cent year-over-year increase.
October 26, 2023, 10:33 AM MDT
PrairieSky Royalty Ltd. reported 246 wells spud on its royalty properties in Q3, including 238 oil wells with activity focused in the Clearwater, Mannville Stack and Viking plays.
October 26, 2023, 12 AM MDT
October 26, 2023, 5:26 AM MDT
Current energy, climate change and industrial policy will result in peak oil and gas demand by 2030, according to the World Energy Outlook 2023 released by the International Energy Agency (IEA) this morning.
October 24, 2023, 8:26 AM MDT
Coelacanth Energy Inc. has completed two wells at Two Rivers West and has finished the drilling of a five-well pad at Two Rivers East.
October 23, 2023, 6 AM MDT
October 18, 2023, 11:11 AM MDT
October 17, 2023, 12 AM MDT
In the 18 years since ARC Resources Ltd. drilled the first horizontal, multistage fractured well in the Montney formation over 12,000 tight oil and gas wells have penetrated the massive resource play straddling the Alberta and British Columbia border.
October 16, 2023, 6 AM MDT
World oil output rose 270,000 bbls/d in September to 101.6 million bbls/d, led by higher production from Nigeria and Kazakhstan, the International Energy Agency (IEA) reported this morning in its October report on the oil market.
October 12, 2023, 12 AM MDT
Canadian oil supply was fairly steady, estimated to have declined by 20,000 bbls/d to 5.5 million bbls/d in September as losses from Suncor Energy Inc.’s maintenance program steepened along with its U2 upgrader and in-situ assets undergoing work, the International Energy Agency (IEA) noted in its October report on the oil market.
October 12, 2023, 12 AM MDT
October 12, 2023, 12 AM MDT
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September 29, 2023, 12 AM MDT
With ongoing positive results from Gear Energy Ltd.’s summer drilling program, production has grown steadily through September.
September 28, 2023, 12 AM MDT
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