Spartan Delta Corp. this afternoon announced three strategic acquisitions, “executing on its stated acquisitive growth strategy within Western Canada.”
February 16, 2021, 1:47 PM MST
Reserve evaluators such as Sproule Associates Limited, Deloitte, GLJ Ltd. and McDaniel & Associates Consultants Ltd., among other industry watchers, updated their commodity forecasts at year-end 2020 and the largest hikes were for near-term AECO assumptions.
February 16, 2021, 5:35 AM MST
Spartan Delta Corp. has more than doubled its expected 2021 capital spending program from its previous outlook.
February 16, 2021, 2:50 PM MST
February 16, 2021, 6:25 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 16, 2021, as reported this morning by Rig Locator.
February 16, 2021, 11:33 AM MST
Oilfield service companies have until March 31, 2022 to apply for an additional $400 million in funding under the $1 billion Site Rehabilitation Program (SRP), the Alberta government said Friday.
February 16, 2021, 12 AM MST
The BC Oil and Gas Commission (OGC) has decommissioned over half of British Columbia’s 770 orphan well sites.
February 16, 2021, 10:55 AM MST
New data from Evaluate Energy shows that MEG Energy’s oilsands operations generate the highest overall operating netback per barrel among North America’s heaviest oil-weighted producers.
February 16, 2021, 8:57 AM MST
On February 11, 2021, the Court of Queen’s Bench of Alberta granted an order (the “CCAA Initial Order”) under the Companies’ Creditors Arrangement Act in respect of the Companies providing various relief including, but not limited to, an initial stay of proceedings through to February 21, 2021.
February 16, 2021, 9:01 AM MST
A Direct Contact Steam Generation (DCSG) solution that injects both steam and hot combustion flue or exhaust gases into the reservoir has the potential to greatly improve the Steam-Oil-Ratio (SOR) for increased oil recovery in heavy and medium reservoirs as well as delivering the added environmental benefits related to reduced water and emissions.
February 16, 2021, 6:51 AM MST
February 16, 2021, 12 AM MST
February 16, 2021, 12 AM MST
February 16, 2021, 8:48 AM MST
Blackheath Resources Inc. and Wolverine Energy and Infrastructure Inc. announced an amalgamation and arrangement agreement for the proposed sale of Wolverine's clean energy assets, renewable natural gas (RNG) development projects and solids recycling facilities to Blackheath for total proceeds of $150 million.
February 16, 2021, 4:11 PM MST
Osum Oil Sands Corp. says that its special committee of independent directors is currently in discussions that could lead to a superior offer to the current takeover bid of $2.40 per share by Waterous Energy Fund (WEF).
February 16, 2021, 6 AM MST
Bonterra Energy Corp. laid out a fully-funded 2021 capital budget of $65–$75 million.
February 16, 2021, 3:52 PM MST
Wolverine Energy and Infrastructure Inc. has entered into a purchase agreement and has issued an unsecured redeemable promissory note of C$10 million to Alberta Investment Management Corporation on behalf of certain of its clients.
February 16, 2021, 12 AM MST
February 16, 2021, 11:05 AM MST
February 16, 2021, 8:34 AM MST
February 16, 2021, 8:54 AM MST
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