Spartan Delta Corp. has entered into a definitive agreement to acquire Velvet Energy Ltd., a privately held light-oil Montney producer with operations primarily in the Gold Creek, Karr and Pouce Coupe areas of northwest Alberta, for total consideration of approximately $743.3 million.
July 28, 2021, 3:07 PM MDT
Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
Tourmaline Oil Corp.’s second quarter 2021 average production was 410,339 boe/d (414,387 boe/d prior to storage injections in California and Dawn), a 37 per cent increase over Q2 2020 (299,369 boe/d).
July 28, 2021, 3:38 PM MDT
Tamarack Valley Energy Ltd. has announced a series of executive retirements and appointments.
July 28, 2021, 8:30 AM MDT
Tourmaline Oil Corp. drilled 113.75 net wells in 1H 2021 and expects to drill approximately 250 net wells for full-year 2021, completing approximately 220 (net) of those wells by year end.
July 28, 2021, 4 PM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
Crescent Point Energy Corp. has increased its 2021 annual average production guidance to 130,000–134,000 boe/d, up from its prior range of 128,000–132,000 boe/d.
July 28, 2021, 11:14 AM MDT
With Canadian operators seeing vastly increased cash flows due from the commodity price rebound in early 2021 capital investment in new wells is slowly picking up, says Trican Well Service Ltd. president and chief executive Brad Fedora.
July 28, 2021, 1:17 PM MDT
Higher activity levels drove a rebound in revenues and reduced net losses for Trican Well Service Ltd. in the second quarter of 2021, the company reported on Wednesday.
July 28, 2021, 8:06 AM MDT
Canadian Pacific Railway Limited moved 76,100 carloads of energy, chemical and plastics freight (the category that includes crude-by-rail) for the second quarter, which is up 21 per cent from Q2 of 2020, and senior management expects continued strength in this segment with further economic recovery during the rest of 2021.
July 28, 2021, 8:29 PM MDT
Surging demand for lithium-ion batteries to power electric vehicles (EVs) and for energy storage applications could drive major economic growth across Canada, says a new report from the Battery Metals Association of Canada (BMAC).
July 28, 2021, 10 AM MDT
We are offering the Navigating the new AER regulations for liability management course at a special early bird rate until July 31, 2021.
July 28, 2021, 8:02 AM MDT
We are offering Task Force on Climate-related Financial Disclosures (TCFD) primer for oil and gas at a discounted price of US$360 until July 31, 2021.
July 28, 2021, 8:04 AM MDT
A Virtual Field Trip to explore the Cardium Formation!
July 28, 2021, 6 AM MDT
July 28, 2021, 12 AM MDT
Yangarra Resources Ltd. has appointed Brett Booth to the role of vice-president, land, replacing Randall Faminow who is retiring after over a 40-year highly successful career in the energy business.
July 28, 2021, 2:16 PM MDT
Yangarra Resources Ltd. has increased its capital budget to $85 million from $60 million, which will keep one drilling rig fully utilized for the balance of the year.
July 28, 2021, 2:58 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 28, 2021, as reported this morning by Rig Locator.
July 28, 2021, 11:32 AM MDT
July 28, 2021, 9:54 AM MDT
Baytex Energy Corp. has appointed Chad Lundberg as chief operating and sustainability officer to lead its sustainability efforts and to reinforce Baytex’s commitment to developing responsible energy for the future.
July 28, 2021, 4:32 PM MDT
As a result of its strong operating performance through the first half of 2021, Baytex Energy Corp. is increasing its production guidance to 79,000 to 80,000 boe/d, up from 77,000 to 79,000 boe/d, previously.
July 28, 2021, 4:20 PM MDT
TC Energy Corporation has reached agreement with the Department of National Defence that, subject to conditions and regulatory approval, allows for the development of a transformative 1,000-megawatt clean energy storage project on federal lands.
July 28, 2021, 8:39 PM MDT
July 28, 2021, 8:56 AM MDT
Hemisphere Energy Corporation has entered into a new extendible two year committed term facility with ATB Financial, providing for borrowings of up to $35 million.
July 28, 2021, 6:17 AM MDT
July 28, 2021, 12 AM MDT
July 28, 2021, 8:51 AM MDT
July 28, 2021, 11:05 AM MDT