Production of natural gas, crude oil, condensate and natural gas liquids (NGL) all reached double-digit percentage gains for Tourmaline Oil Corp. year-over-year in the first quarter of 2022.
May 5, 2022, 1:22 PM MDT
Paramount Resources Ltd.’s sales volumes climbed in the first quarter of 2022.
May 5, 2022, 12 AM MDT
ConocoPhillips’s earnings in its Canadian segment surged in the first quarter, while production declined during the three-month period.
May 5, 2022, 6 AM MDT
Pine Cliff Energy Ltd. announced a dividend on Wednesday in conjunction with Q1 results.
May 5, 2022, 12 AM MDT
Perpetual Energy Inc. saw production levels increase for Q1 2022 thanks to nine (4.5-net) East Edson liquids-rich Wilrich gas wells brought on production during last year, which were partially offset by the Q3 2021 sale of Clearwater assets to Rubellite Energy Inc.
May 5, 2022, 2:19 PM MDT
In late April, Paramount Resources Ltd. acquired Duvernay lands and production directly offsetting its existing 61,000 net acre position in the Willesden Green area of Alberta for approximately $40 million in cash, prior to adjustments.
May 4, 2022, 12 AM MDT
Tamarack Valley Energy Ltd. successfully executed on its first quarter capital program, and combined with a series of acquisitions over the past year-and-a-half the company increased Q1 output 73 per cent year-over-year.
May 4, 2022, 10:47 AM MDT
Tamarack Valley Energy Ltd. has updated its 2022 corporate guidance to reflect its recent acquisition of Rolling Hills Energy Ltd., as well as changes in the commodity price environment.
May 4, 2022, 1:07 PM MDT
Obsidian Energy Ltd.’s first half 2022 development program started with increased activity across its Willesden Green, Pembina, and Peace River areas.
May 4, 2022, 8:43 AM MDT
Topaz Energy Corp. reported record cash flow of $74.2 million and record free cash low of $73.8 million from its royalty assets in the first quarter of 2022.
May 4, 2022, 8:10 AM MDT
First Helium Inc. announced that it brought the 4-29 light oil well into production on April 8, 2022.
May 4, 2022, 7:14 AM MDT
May 4, 2022, 12 AM MDT
MEG Energy Corp. achieved record bitumen production of 101,128 bbls/d during the first three months of 2022, which is up 11 per cent from the same timeframe last year, with increased steam utilization and ongoing optimization and recompletion work contributing to strong field-wide production performance.
May 3, 2022, 9:24 AM MDT
After a “stellar 2021” in which Kearl set new production records in nine out of 12 months, Imperial Oil Limited encountered “some challenges” in Q1 related primarily to extreme cold weather conditions and some unplanned downtime, says president and CEO Brad Corson.
May 3, 2022, 2:01 PM MDT
CNOOC Limited’s Mero 1 project has commenced production safely.
May 3, 2022, 12 AM MDT
Imperial Oil Limited expects demand recovery which led to a steady increase in oil and natural gas prices to continue, while the West Texas Intermediate-Western Canada Select differential should remain relatively tight in the coming quarters.
May 2, 2022, 12 AM MDT
May 2, 2022, 11:15 AM MDT
Baytex Energy Corp. is boosting its capital spending forecast for 2022, which will include increased drilling activity in the Clearwater.
April 29, 2022, 12 AM MDT
Driven by continued strong market conditions, Imperial Oil Limited’s first quarter earnings soared to $1.17 billion, the highest first quarter in over 30 years and up from $392 million during the same period in 2021.
April 29, 2022, 11:28 AM MDT
With recent cost inflation that is being experienced by the industry, Advantage Energy Ltd.’s 2022 capital program is “migrating towards the top” of its guidance range at approximately $200 million.
April 29, 2022, 6:32 AM MDT
April 29, 2022, 10:57 AM MDT
Baytex Energy Corp. has taken a different approach to wells in the Clearwater, and it has paid off.
April 29, 2022, 3:28 PM MDT
April 29, 2022, 7:49 AM MDT
April 29, 2022, 7:37 AM MDT
Benefitting from recent acquisitions and strong commodity prices, Whitecap Resources Inc. says operational and financial momentum continued in Q1 with record-setting results achieved on many levels.
April 28, 2022, 11:13 AM MDT
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