Tourmaline Oil Corp.’s proved plus probable reserves (2P) increased by 470 million boe to 2.22 billion boe during 2017, a 27 per cent increase over 2016 year-end reserves of 1.75 billion boe (26 per cent per diluted share) and a 32 per cent increase of 558 million boe which includes annual production of 88.4 million boe.
February 15, 2018, 6 AM MST
Total Peyto Exploration & Development Corp. reserves in 2017 increased by 11 per cent, 12 per cent and 10 per cent to 1.6 tcf equivalent, 2.7 tcfe and 4.3 tcfe for PP, TP and P+P reserves, both in absolute and on a per share basis, while liquid reserves increased by 14 per cent, 13 per cent and 36 per cent, respectively.
February 15, 2018, 2:58 AM MST
Chinook Energy Inc. reported a rise in proved and proved plus probable reserves for 2017.
February 14, 2018, 6 AM MST
Yangarra Resources Ltd. reported total proved reserves of 55.9 million boe, a 53 per cent increase from the previous year.
February 14, 2018, 6 AM MST
Surge Energy Inc.’s 2017 capital expenditure program resulted in an increase of 13 per cent in total reserves on a total proved plus probable (2P) basis, to 95 million boe with over 82 per cent being oil and NGL.
February 14, 2018, 9:24 AM MST
Pine Cliff Energy Ltd.’s board of directors has approved a 2018 capital budget of $10.4 million that will be funded from cash flow at an AECO reference price of $1.50/mcf.
February 13, 2018, 11:21 AM MST
NuVista Energy Ltd. produced a record 37,400 boe/d for the fourth quarter of 2017, near the top of the guidance range of 35,000 – 38,000.
February 13, 2018, 3:18 AM MST
Corridor Resources Inc. has benefited from strong pricing at Algonquin city-gates (AGT) for the sale of its natural gas production this winter, leading the company to increase its guidance for the period from April 1, 2017 to March 31, 2018.
February 13, 2018, 9:12 AM MST
Advantage Oil & Gas Ltd.’s 2017 Montney development program replaced 433 per cent of annual production, generated low cost reserve additions in each reserve category and extended liquids-rich reserve bookings beyond Glacier to the company’s Valhalla land block.
February 12, 2018, 8:54 AM MST
Zargon Oil & Gas Ltd.’s fourth quarter 2017 production averaged 2,416 boe/d, slightly lower than the fourth quarter 2016 rate of 2,449 and 2017 production guidance of 2,500 boe/d.
February 12, 2018, 5:53 AM MST
Crew Energy Inc. announced an $80 million to $85 million capital budget focused on advancing its long-term plan to diversify market access and increase condensate volumes while positioning the company to maintain production volumes in 2019 based on forward curve pricing.
February 9, 2018, 7:19 AM MST
Kelt Exploration Ltd. achieved a record high calendar year average production in 2017 of 22,130 boe/d, up six per cent from average production of 20,947 boe/d per day in 2016.
February 8, 2018, 7:50 AM MST
Bonterra Energy Corp. increased proved plus probable (2P) reserves by five per cent to 99.8 million boe (70 per cent oil and liquids) for 2017 and total proved reserves by six per cent to 78.6 million boe (70 per cent oil and liquids).
February 8, 2018, 6 AM MST
February 8, 2018, 9:49 AM MST
Bonavista Energy Corporation replaced 189 per cent of 2017 production with the addition of 49.8 million boe of proved plus probable reserves.
February 1, 2018, 3:39 AM MST
Construction of the Phase 2 expansion of BlackPearl Resources Inc.’s Onion Lake thermal project is ahead of schedule and within budget, the company said Tuesday.
January 31, 2018, 6 AM MST
Prairie Provident Resources Inc. announced this morning a 2018 capital budget of $26 million, expected to generate average full-year production between 5,200 to 5,600 boe per day.
January 29, 2018, 5:12 AM MST
TransGlobe Energy Corporation reported total proved (1P) gross reserves of 27.6 million boe (year-end 2016: 29.9 million boe) representing a 2.3 million boe or eight per cent decrease from year-end 2016 primarily due to production of 5.7 million boe during the year, partially offset by 3.4 million boe of positive net revisions.
January 29, 2018, 4:05 AM MST
As of Dec. 31, 2016, British Columbia’s remaining raw gas reserves were 52.5 tcf, a 1.2 per cent decrease from the 2015 remaining reserves.
January 2, 2018, 6:52 AM MST
December 12, 2017, 9:33 AM MST
Pieridae Energy Limited says a report prepared by Sproule Associates Limited for its Bourque property has been updated.
November 24, 2017, 4:02 AM MST
Osum Oil Sands Corp. has approved the start of the Phase 2B expansion at its Orion thermal project.
October 2, 2017, 11:24 AM MDT
A reserves report of Saskatoon-based Saturn Oil + Gas Inc.’s Lucky Hills Viking and Flaxcombe Success heavy oil assets in Saskatchewan has estimated 307,000 net bbls of proved plus probable reserves, the company has reported.
October 2, 2017, 9:27 AM MDT
The National Energy Board (NEB), using geology and in-place hydrocarbon information determined by the Alberta Geological Survey, provided estimates of the Duvernay’s marketable resources.
September 28, 2017, 6 AM MDT
A new resource assessment of the Duvernay shale formation in west-central Alberta adds significant quantities of marketable light oil resources in the province as well as natural gas and natural gas liquids.
September 26, 2017, 9:59 AM MDT