Tourmaline Oil Corp. plans to become bigger through mergers and acquisitions that would give it a bigger piece of the gas supply over the next couple of years, an investor conference in Banff heard Wednesday.
January 30, 2020, 12 AM MST
Cenovus Energy Inc. expects 2020 to be somewhat of a “rinse and repeat” of 2019 as it focuses on reducing its debt level while continuing to lower costs, a company official told the CIBC Western Institutional Investor Conference in Banff Wednesday.
January 30, 2020, 4:42 AM MST
ARC Resources Ltd.’s chief executive Wednesday defended his company’s approach to its Attachie investment in northeast British Columbia, telling an investment conference that it is progressing at the right pace.
January 30, 2020, 6:03 AM MST
Baytex Energy Corp. plans to voice its objections to the Canada Energy Regulator (CER) about plans by Enbridge Inc. to change the contracting approach it uses to move crude on its pipeline network, a conference heard on Thursday.
January 30, 2020, 2:08 PM MST
With environment, social and governance (ESG) talk so prevalent in the last six months, it has become “very clear” to Enerflex Ltd. that it must provide clear disclosures around such things as carbon emissions.
January 30, 2020, 3:31 PM MST
Oklahoma’s Anadarko Basin has been a challenging play, one that has sent some small explorers into bankruptcy and caused investment to flee. But by applying its extensive knowledge and experience to the basin’s Stack and Scoop fields, Ovintiv Inc. says it has now unlocked the acreage it acquired in the $5.5 billion acquisition of Newfield Exploration Co. in 2018.
January 30, 2020, 11:27 AM MST
A vast number of inactive wells certainly does challenge Western Canada’s energy sector, but new technologies and process improvements help industry meet the challenge of getting wellsites and associated facilities to full closure.
January 30, 2020, 6 AM MST
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January 30, 2020, 6 AM MST
While the governments of Alberta and British Columbia have been butting heads over the Trans Mountain expansion, both jurisdictions have viewed natural gas and LNG favourably.
January 30, 2020, 6 AM MST
Data available in the latest upstream M&A report from Evaluate Energy shows that 2019 was another year dominated by deals for assets in the United States.
January 30, 2020, 7:37 AM MST
Murphy Oil Corporation is planning 2020 capital expenditures in the range of US$1.4 billion to $1.5 billion, with Canadian onshore expected to receive 12 per cent of spending, and three per cent allocated to Canada offshore.
January 30, 2020, 8:38 AM MST
Capital spending in the oil and natural gas industry is expected to be about $2 billion higher in 2020 compared to last year creating or sustaining 11,800 jobs across Canada, according to a forecast from the Canadian Association of Petroleum Producers (CAPP).
January 30, 2020, 10:05 AM MST
In its first update to the 2020 Canadian oilfield services activity forecast, the Petroleum Services Association of Canada (PSAC) has revised the number of wells drilled (rig released) across Canada for 2020 to 4,800 wells.
January 30, 2020, 10:15 AM MST
January 30, 2020, 8:27 AM MST
January 30, 2020, 6 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Jan. 30, 2020, as reported this morning by Rig Locator.
January 30, 2020, 11:33 AM MST
January 30, 2020, 10:33 AM MST
Pipestone Energy Corp. says that the Keyera Corp. Wapiti gas plant has resumed operations.
January 30, 2020, 3:36 PM MST
As a result of its initial success of a two-mile appraisal/outpost well in South Harmattan, TransGlobe Energy Corporation is reviewing its drilling program for 2020 to incorporate this new well result and high-grade the opportunities to deploy capital across its portfolio.
January 30, 2020, 5:44 AM MST
Zargon Oil & Gas Ltd. reported fourth quarter 2019 production averaged 1,746 boe/d a two per cent improvement from the third quarter 2019 rate and a two per cent decline from the fourth quarter rate in 2018.
January 30, 2020, 5:54 AM MST
January 30, 2020, 10:39 AM MST
Cenovus Energy Inc. is committing $10 million per year for five years to build much-needed new homes in six First Nations and Métis communities closest to its oilsands operations in northern Alberta, with the potential to extend the project to 10 years.
January 30, 2020, 10:38 AM MST
January 30, 2020, 7:49 AM MST
January 30, 2020, 8:02 AM MST
January 30, 2020, 8:06 AM MST
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