Some producers who updated capital plans during the third quarter reporting season have added to 2017 capex by shifting planned spending from the first quarter of 2018 to the fourth quarter of 2017.
November 16, 2017, 6 AM MST
Companies planning to spend heavily on infrastructure need clear guidelines and a transparent regulatory process, says the head of Canada’s largest in-situ oilsands producer.
November 16, 2017, 6 AM MST
When Alex Pourbaix retired from TransCanada Corporation last spring, he didn’t expect to stay in retirement.
November 16, 2017, 3:47 AM MST
Suncor Energy Inc.’s capital program of between $4.5 and $5 billion for 2018 and average upstream production of 740,000 to 780,000 boe/d at the midpoint of these ranges represent a year-over-year production increase of more than 10 per cent and a capital spending reduction of approximately $750 million.
November 16, 2017, 3:34 AM MST
Seven Generations Energy Ltd.'s board of directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000 to 240,000 boe/d in 2019.
November 16, 2017, 8:13 AM MST
Drilling rig activity in Western Canada and the Top 5 active operators as of Nov. 16, 2017, as reported this morning by Rig Locator.
November 16, 2017, 11:40 AM MST
Sayer Energy Advisors has been engaged to assist Tangle Creek Energy Ltd. (“Tangle Creek” or the “Company”) with the marketing of its non-core producing oil and natural gas properties in the Chip Lake, Leaman, McLeod, Pine Creek and Sinclair areas of Alberta.
November 16, 2017, 6 AM MST
With the creation of Directive PNG017 by the Ministry of Economy, Saskatchewan has become the latest province to mandate measurement and compliance requirements for oil and gas production companies.
November 16, 2017, 6 AM MST
November 16, 2017, 10:31 AM MST
Join us on November 23 as we celebrate the province's only awards program paying tribute to the success and innovative approaches of Alberta export companies.
November 16, 2017, 6 AM MST
Add your voice to JWN's 2018 Oil & Gas Industry Outlook Report and 3rd annual Service & Supply Industry Outlook Report.
November 16, 2017, 6 AM MST
November 16, 2017, 4:13 AM MST
November 16, 2017, 4:16 AM MST
American Petroleum Institute (API), Asociación Méxicana de Empresas de Hidrocarburos (AMEXHI), and the Canadian Association of Petroleum Producers (CAPP) noted that the current NAFTA is a “success story” for energy and the three countries should “do no harm.”
November 16, 2017, 9:01 AM MST
November 16, 2017, 4:18 AM MST
The National Energy Board (NEB) has released a series of audit reports along with an associated information advisory (IA) expecting all regulated companies to use the audit findings to improve their management systems.
November 16, 2017, 11:56 AM MST
November 16, 2017, 11:05 AM MST
November 16, 2017, 8:31 AM MST
Obsidian Energy Ltd. announced a US$8.5 million settlement with the U.S. Securities and Exchange Commission (SEC), regarding the lawsuit filed by the SEC on June 28, 2017 in the U.S. District Court for the Southern District of New York.
November 16, 2017, 6 AM MST
Given the uncertainty over natural gas prices, Storm Resources Ltd. has set its 2018 spending guidance between $55 million and $90 million.
November 16, 2017, 7:12 AM MST
RMP Energy Inc. says it has begun its $25 million winter Montney drilling program at its core Elmworth asset in west-central Alberta with the first of five wells to spud this week.
November 16, 2017, 7:31 AM MST
Strategic Oil & Gas Ltd. says that the results from two wells drilled in the third quarter of 2017 demonstrate the significant potential of the Muskeg light oil play at Marlowe.
November 16, 2017, 9:39 AM MST
Traverse Energy Ltd. says that in the third quarter of 2017 it focused on land acquisition and evaluation in the Duvernay shale basin where it has accumulated approximately 64,000 acres (100 sections) of 100 per cent land.
November 16, 2017, 7:46 AM MST
Birchcliff Energy Ltd. announced that the Toronto Stock Exchange (TSX) has accepted the company’s notice of intention to make a normal course issuer bid.
November 16, 2017, 6 AM MST
Yangarra Resources Ltd. has increased the syndicated senior credit facility to $120 million.
November 16, 2017, 6:56 AM MST
RMP Energy Inc. announced that the Toronto Stock Exchange (TSX) has accepted the company’s notice of intention to commence a normal course issuer bid.
November 16, 2017, 6:53 AM MST
Devon Energy Corporation brought online a high-rate Lower Meramec oil well offsetting its Coyote development in the over-pressured oil window of the STACK play.
November 16, 2017, 11:14 AM MST
November 16, 2017, 8:50 AM MST
November 16, 2017, 10:05 AM MST
November 16, 2017, 10:48 AM MST
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.