Alberta’s Wednesday land sale generated $11.97 million for the province, powered by a prospective Duvernay parcel.
March 7, 2019, 6:36 AM MST
Canadian Natural Resources Limited remains a staunch supporter of the Alberta government’s mandatory curtailment initiative, saying it has had the desired impact of helping to narrow differentials from the all-time highs witnessed late last year.
March 7, 2019, 11:16 AM MST
Thanks to strong performance from its oilsands mining and upgrading segment, Canadian Natural Resources Limited achieved record annual production of approximately 1,079,000 boe/d, delivering 12 per cent production growth from 1,060,629 boe/d a year earlier.
March 7, 2019, 11:46 AM MST
Canadian Natural Resource Limited’s mix of long life low decline assets and effective and efficient operations resulted in total company gross proved reserves increasing at the end of 2018 by 12 per cent to 9.893 billion boe, replacing 359 per cent of 2018 production, with a reserves life index of 27.7 years.
March 7, 2019, 11:38 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of March 7, 2019, as reported this morning by Rig Locator.
March 7, 2019, 11:53 AM MST
The Cardium play was revitalized with a “proven, innovative completion design,” resulting in a 200 per cent increase in booked Cardium locations, said Peyto Exploration & Development Corp.
March 7, 2019, 6:56 AM MST
On February 26, 2019, Elcano Exploration Inc. and its affiliates Elcano Exploration Ltd. and Elcano Energy Partnership (collectively, "Elcano" or the "Company") commenced restructuring proceedings under the Companies' Creditors Arrangement Act ("CCAA") pursuant to an initial order (the “Initial Order”) granted by the Alberta Court of Queen’s Bench (the "Court"). Hardie & Kelly Inc.
March 7, 2019, 6:49 AM MST
Fluor has been involved in the gas processing business from the post-war era, first in North America then around the world.
March 7, 2019, 6 AM MST
Completion job deferrals and cancellations in North America has forced STEP Energy Services Ltd. to cut spending, fleets and staffing.
March 7, 2019, 6 AM MST
Crescent Point Energy Corp. says its 2019 capital budget is expected to generate over $400 million of excess cash flow, based on current strip prices, which will be used for net debt repayment and additional share repurchases.
March 7, 2019, 11:20 AM MST
Crescent Point Energy Corp. announced today the retirement of Rene Amirault from its board.
March 7, 2019, 11:21 AM MST
March 7, 2019, 9:24 AM MST
Questerre Energy Corporation announced a purchase and sale agreement with a senior exploration and production company to acquire all their assets in Quebec.
March 7, 2019, 3:50 AM MST
David French is stepping down as president and CEO of Obsidian Energy Ltd.
March 7, 2019, 7:06 AM MST
March 7, 2019, 11:30 AM MST
Baytex Energy Corp. replaced 106 per cent of total production in 2018, adding 31 million boe of proved plus probable gross reserves through development activities.
March 7, 2019, 6 AM MST
Saturn Oil + Gas Inc.’s Q1 2019 capital expenditure budget is set at $10 million, to be allocated to drilling, completion, equip and tie-in of approximately nine gross (9.0 net) wells.
March 7, 2019, 6:21 AM MST
Painted Pony Energy Ltd. increased average daily production volumes during 2018 by 35 per cent to 347 mmcfe/d, or 57,879 boe/d.
March 7, 2019, 7:59 AM MST
Chinook Energy Inc. continues to layer in commodity price hedges and diversify its natural gas sales points with approximately 30 per cent of forecast 2019 natural gas production currently hedged and greater than 33 per cent of forecast 2019 natural gas production sold at Chicago pricing.
March 7, 2019, 8:43 AM MST
Paramount Resources Ltd.’s base capital budget for 2019 is $350 million, excluding land acquisitions and abandonment and reclamation activities.
March 7, 2019, 9:55 AM MST
Liquids-weighted Athabasca Oil Corporation achieved a three per cent year-over-year increase in total proved plus probable reserves as higher thermal reserves offset lower light oil reserves.
March 7, 2019, 10:13 AM MST
Minister of Innovation, Science and Economic Development Navdeep Bains announced a commitment of $49 million to Inter Pipeline Ltd., which is building the $3.5-billion Heartland Petrochemical Complex.
March 7, 2019, 11:27 AM MST
March 7, 2019, 6 AM MST
March 7, 2019, 7:37 AM MST
Leucrotta Exploration Inc. has been defining and quantifying its large Montney resource.
March 7, 2019, 7:26 AM MST
Leucrotta Exploration Inc. reported a jump in reserves for 2018.
March 7, 2019, 7:16 AM MST
AKITA Drilling Ltd.'s net loss for 2018 was $15.94 million on revenue of $118.36 million compared to a net loss of $39.18 million on revenue of $71.2 million in 2017.
March 7, 2019, 9:06 AM MST
Strad Energy Services Ltd. has entered into an automatic share purchase plan (ASPP) with a broker in order to facilitate repurchases of Strad's class A shares under its previously announced normal course issuer bid (NCIB).
March 7, 2019, 8:13 AM MST
March 7, 2019, 7:41 AM MST
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