With renewed liquidity, and recent upward trend in commodity prices, Razor Energy Corp. has initiated its 46-well reactivation program which will continue throughout 2021 and into 2022.
March 2, 2021, 12 AM MST
March 1, 2021, 8:56 AM MST
Petrus Resources Ltd.’s board of directors has approved a first quarter 2021 capital budget of $9 million to drill three gross (2.1 net) Cardium wells in its Ferrier area.
March 1, 2021, 12 AM MST
On a total company basis, Perpetual Energy Inc. proved plus probable reserves, excluding production, fell by 46 per cent year-over-year in 2020, due mainly to the sale of 50 per cent of the company’s interest in the East Edson property.
March 1, 2021, 6 AM MST
Baytex Energy Corp.’s gross proved plus probable (2P) reserves fell by nearly 13 per cent at Dec. 31, 2020, to 461.71 million boe from 529.49 million boe a year earlier.
February 26, 2021, 7:56 AM MST
Crescent Point Energy Corp. says annual average production in 2020 of 121,642 boe/d was slightly above production guidance of 121,000 boe/d.
February 24, 2021, 8:55 AM MST
With recent commodity price recovery and additional liquidity provided by its lender, Prairie Provident Resources Inc. has restarted its development program focusing on the Glauconite and Ellerslie formations in the Princess area.
February 24, 2021, 9:13 AM MST
In 2020, ConocoPhillips’s operations in Canada contributed nine per cent of consolidated liquids production and three per cent of consolidated natural gas production, the company noted in its annual 10K filing in the United States.
February 22, 2021, 7:28 AM MST
Obsidian Energy Ltd.’s 1P and 2P reserves climbed year-over-year, despite a challenging year.
February 18, 2021, 12 AM MST
Peyto Exploration & Development Corp. has planned a 2021 capital budget of $325-$350 million, inclusive of acquisitions, which at the high end is 48 per cent higher than the $236 million invested in 2020.
February 17, 2021, 4:16 PM MST
ARC Resources Ltd. managed to increase its year-over-year average production last year, says top brass, helping to make 2020 one of the company’s best years from an operational and financial performance perspective.
February 11, 2021, 8:59 AM MST
Total proved and probable reserves grew by one per cent in 2020 to a total of 1.04 billion boe as of Dec. 31, 2020 from 1.03 billion boe as of Dec. 31, 2019, says Birchcliff Energy Ltd.
February 11, 2021, 12 AM MST
Pine Cliff Energy Ltd.’s board of directors has approved a 2021 capital budget of $13 million that is expected to be fully funded from adjusted funds flow.
February 11, 2021, 6:22 AM MST
Pipestone Energy Corp.’s Q4 2020 production averaged 17,734 boe/d (31 per cent condensate, 44 per cent total liquids), the highest quarterly production since inception.
February 10, 2021, 9:22 AM MST
Crew Energy Inc.’s 1P and 2P reserves in 2020 remained stable year-over-year, as reserve additions in both categories offset the negative impact of weaker pricing following the onset of the COVID-19 pandemic.
February 8, 2021, 2:55 PM MST
The Daily Oil Bulletin publishes several data dashboards that let you visualize critical oil and gas information quickly and easily.
September 22, 2020, 10:05 AM MDT
In light of weak commodity pricing, Clearview Resources Ltd. says it has shut in 150 boe/d of uneconomic production and is closely monitoring both the West Texas Intermediate (WTI) benchmark pricing as well as the widening Edmonton Par price differential.
April 9, 2020, 6 AM MDT
Perpetual Energy Inc. approved a capital spending program of $6 million for the first quarter of 2020 to drill four (4.0 net) multi-lateral horizontal wells at Ukalta.
March 20, 2020, 12 AM MDT
A successful drilling program at Kakwa North in 2019 resulted in a continued growth in reserves for Questerre Energy Corporation.
March 16, 2020, 12 AM MDT
Surge Energy Inc. is shifting spending from the first quarter into the second half of 2020 and reduced its dividend in response to the recent volatility stemming from the COVID-10 outbreak.
March 10, 2020, 1:40 PM MDT
Altura Energy Inc.’s 2019 production averaged 1,742 boe/d (70 per cent oil and liquids), consistent with guidance of 1,700 to 1,800 boe/d and representing a 49 per cent increase from average 2018 production on an absolute and per share basis.
March 9, 2020, 9:02 AM MDT
Razor Energy Corp. spent $4.4 million on reactivations and optimizations for 2019.
March 9, 2020, 9:36 AM MDT
Tamarack Valley Energy Ltd. reported stable production for 2019, and slightly lower funds flow for the year.
March 6, 2020, 8:07 AM MST
Canadian Natural Resources Limited’s year-end 2019 crude oil, synthetic crude oil (SCO), bitumen, natural gas and NGL reserves were evaluated and reviewed by independent qualified reserves evaluators.
March 5, 2020, 10:37 AM MST
Despite a late start to the winter drilling season due to adverse weather conditions, NuVista Energy Ltd.’s operations across its entire asset base have caught up to schedule as it moves through Q1.
March 4, 2020, 7:13 AM MST
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