Alberta’s Wednesday land sale brought in $16.28 million.
May 6, 2021, 6 AM MDT
Despite a continued strong pricing environment and continued progress on some egress projects, Canadian Natural Resources Limited’s top executive says the company expects to continue to focus its capital program on maintenance versus growth.
May 6, 2021, 11:48 AM MDT
Canadian Natural Resources Limited posted strong first quarter results and achieved record quarterly production and record quarterly liquids production of over 979,000 bbls/d as a result of “our effective and efficient operations and high operating levels” said Tim McKay, president, said during a Q1 conference call this morning.
May 6, 2021, 10:41 AM MDT
The West Moberly Corporate Alliance (WMCA) is working with Harvest Operations Corp. to reclaim dormant oil and gas well sites on West Moberly First Nations Territory.
May 6, 2021, 1:20 PM MDT
By approaching the energy transition as a massive opportunity for the oil and gas industry, the Avatar program has been able to pick up as a movement, says its founder, with young professionals thriving on encouragement and support towards tackling the biggest, most exciting energy projects and environmental solutions facing the modern world.
May 6, 2021, 12 AM MDT
Enbridge Inc.’s dividend is “more than sustainable,” says top brass, as the balance sheet is strong, evidenced by an industry-leading credit rating, and by the business itself being well positioned.
May 6, 2021, 11:31 AM MDT
Connecting with stakeholders has never been more important as a part of good governance in today’s world of heightened ESG focus.
May 6, 2021, 10:13 AM MDT
COVID-19 has spurred organizations to undergo widespread and rapid digital transformation. About one-third of the 500 small and medium-sized Canadian businesses surveyed by KPMG have accelerated their adoption of technology since the start of the pandemic.
May 6, 2021, 7:21 AM MDT
ARC Resources Ltd.'s updated 2021 capital budget of $950 million to $1 billion is designed to sustain production and maximize free funds flow generation.
May 6, 2021, 6:31 AM MDT
Kelt Exploration Ltd.’s average production in Q1 fell to 18,860 boe/d, a 39 per cent drop from the same quarter last year.
May 6, 2021, 7:09 AM MDT
Murphy Oil Corporation started off 2021 by completing strategic financial transactions that de-levered the balance sheet and extended the maturity profile, says management.
May 6, 2021, 9:32 AM MDT
Enerflex Ltd.’s focus on supporting the market with greenhouse gas reduction technology and infrastructure development is attracting support from new and current customers, says Marc Rossiter, chief executive officer.
May 6, 2021, 10:27 AM MDT
Woodfibre LNG has signed a second sales and purchase agreement (SPA) with BP Gas Marketing Limited (BPGM), a wholly-owned indirect subsidiary of BP Plc, for the delivery of LNG to Asian markets.
May 6, 2021, 10:52 AM MDT
InPlay Oil Corp.’s capital program for the quarter consisted of $12.2 million of development capital focused on three (3.0 net) 1.5-mile ERH wells in Pembina and completing one (0.2 net) Nisku ERH well drilled in late 2020.
May 6, 2021, 2:17 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 6, 2021, as reported this morning by Rig Locator.
May 6, 2021, 11:36 AM MDT
Diagnostic Fracture Injection Tests (DFITs), which are a sequence of injection-falloff, have become commonplace in unconventional shale and tight reservoirs to obtain parameters used in hydraulic fracturing design, geomechanics and reservoir characterization; including closure pressure, a proxy for minimum in-situ stress, reservoir (pore) pressure and transmissibility.
May 6, 2021, 7:23 AM MDT
Through research funding from the BC Oil and Gas Research and Innovation Society (BC OGRIS), a landslide susceptibility map for the northeastern B.C. (NEBC) region has been developed to assist the oil and gas industry in managing landslide risk.
May 6, 2021, 11:23 AM MDT
The Government of Alberta is changing the calculation for how much oilsands mining companies must pay into the Mine Financial Security Program (MFSP) while the program itself conducts a review to ensure security amounts align with the intent of the program.
May 6, 2021, 12 PM MDT
May 6, 2021, 9 AM MDT
Enerplus Corporation’s board of directors approved a 10 per cent increase to the company's dividend to 3.3 cents per share paid quarterly, from one-cent per share paid monthly previously.
May 6, 2021, 3:09 PM MDT
The $10 million of adjusted funds flow generated by Pine Cliff Energy Ltd. in the first quarter of 2021 is higher than the adjusted funds flow generated in each of the two most recently completed fiscal years and reflects a fundamental shift in natural gas pricing.
May 6, 2021, 2:26 PM MDT
In the fourth quarter of 2020, PHX Energy Services Corp. committed to a plan to sell its Russian division, Phoenix TSR.
May 6, 2021, 7:23 AM MDT
Geoscience BC and NGIF Industry Grants (a division of NGIF Capital Corporation) are supporting Saltworks Technologies Inc. to develop its AirBreather evaporator-crystallizer.
May 6, 2021, 9:39 AM MDT
May 6, 2021, 10:28 AM MDT
May 6, 2021, 10:17 AM MDT
Hemisphere Energy Corporation said it has made significant progress on construction work at its G pool facility that will allow the company to convert its currently active waterflood into a polymer flood.
May 6, 2021, 7:36 AM MDT
May 6, 2021, 11:10 AM MDT
May 6, 2021, 10:35 AM MDT
May 6, 2021, 10:40 AM MDT