Used for everything from medicine to nuclear reactors to, of course, party balloons, among the most interesting aspects of helium is its demand never really decreases, says a Saskatoon-based producer of the inert gas, and there are no replacements for its various applications.
March 3, 2021, 7:27 AM MST
Paramount Resources Ltd.’s Montney-focused capital budget for 2021 is expected to range between $230-$260 million, excluding land acquisitions and abandonment and reclamation activities.
March 3, 2021, 8:42 AM MST
NuVista Energy Ltd. has increased capital spending for 2021 to between $230 million and $250 million from the original range of $180 million to $200 million.
March 3, 2021, 10:07 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of March 3, 2021, as reported this morning by Rig Locator.
March 3, 2021, 11:29 AM MST
March 3, 2021, 12 AM MST
The past five years have brought unparalleled changes to the Canadian oil and gas industry. A global pandemic, downward pressure on oil prices, emission reductions in response to new climate change initiatives, and increasing scrutiny from investors are just a few of the issues that are top of mind.
March 3, 2021, 6 AM MST
Briko Energy Corp. has engaged Sayer Energy Advisors to support its evaluation of strategic alternatives.
March 3, 2021, 4:21 PM MST
MEG Energy Corp.’s adjusted funds flow was $278 million in 2020 compared to $726 million in 2019.
March 3, 2021, 4 PM MST
Storm Resources Ltd.’s production in the first quarter of 2021 is forecast to average 25,000 to 27,000 boe/d while capital investment is estimated to be $25 million (45 per cent allocated to the Fireweed area).
March 3, 2021, 5:53 AM MST
Paramount Resources Ltd.’s 2020 production averaged 68,340 boe/d (39 per cent liquids) down from 82,394 boe/d a year earlier.
March 3, 2021, 9:28 AM MST
NuVista Energy Ltd. held proved developed producing (PDP) reserves slightly above flat year-over-year in 2020 at 95.51 million boe, replacing 103 per cent of production despite a 40 per cent reduction in annual capital expenditures.
March 3, 2021, 10:48 AM MST
March 3, 2021, 11:21 AM MST
March 3, 2021, 11:11 AM MST
Suncor Energy Inc. has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on March 4, 2051.
March 3, 2021, 12 AM MST
Shawcor Ltd. has appointed Michael E. Reeves as its new president.
March 3, 2021, 6 AM MST
The federal government is providing funding of $46,000 to the Canadian Hydrogen and Fuel Cell Association (CHFCA) to promote the benefits of hydrogen fuel cell electric vehicles (FCEV), such as short refuelling times, that make them a top option for industries like busing and trucking.
March 3, 2021, 9:11 AM MST
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March 3, 2021, 9:21 AM MST
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March 3, 2021, 11:14 AM MST
TC Energy Corporation and TC PipeLines, LP have completed their merger.
March 3, 2021, 6:38 AM MST
Kelt Exploration Ltd.’s 2020 capital investment program, excluding dispositions, resulted in proved plus probable reserve additions of 25 million boe in 2020, replacing by a factor of 4.3 times pro-forma 2020 production of 15,940 boe/d that excludes assets sold in August 2020.
March 3, 2021, 12 AM MST
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March 3, 2021, 9:08 AM MST
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