MEG Energy Corp. has set its 2022 capital budget at $375 million, a $40 million increase from planned spending of $335 million this year.
November 30, 2021, 9:16 AM MST
Alberta government revenue in 2021/22 is forecast at $57.9 billion, $14.2 billion higher than budget, with over half of the increase from resource revenue (see tables for details).
November 30, 2021, 10:39 AM MST
CWC Energy Services Corp. wants to be an environmental, social and governance (ESG) leader, while utilizing its crews and equipment for alternative-type prospects such as helium, says Duncan Au, president and chief executive officer — and the company is doing just that.
November 30, 2021, 12 AM MST
Cenovus Energy Inc. has reached agreements to sell its Husky retail fuels network and the Wembley assets in its Conventional business for combined total cash proceeds of nearly $660 million, allowing the company to further focus the portfolio, accelerate deleveraging and support increasing shareholder returns.
November 30, 2021, 3:08 PM MST
Millennium Land (444) Ltd. paid both the highest price per hectare and highest bonus at the most recent Alberta land sale, for a 1,280-hectare licence in 065-07W6, in the Wapiti area.
November 30, 2021, 7 AM MST
Although he has spent the bulk of his industry career in a bear market, 32-year-old Brendan Paton likes being a bit of a contrarian.
November 30, 2021, 6 AM MST
PrairieSky Royalty Ltd. entered into a definitive agreement with Heritage Royalty in a $728-million deal to acquire royalty lands and extensive seismic.
November 30, 2021, 1:56 PM MST
A requirement for greater operating efficiency will be a key driver for oil and gas companies to adopt digital technologies and applications, with executives seeing potential in solutions that combine data and analytics.
November 30, 2021, 6 AM MST
Good news! It's not too late to watch this 60-minute coast-to-coast cinematic journey to discover "Made in Canada" innovation.
November 30, 2021, 6 AM MST
The oil and gas industry is driven by innovation but by no means is every innovation and not every new technology inherently disruptive. What makes a new technology disruptive?
November 30, 2021, 6 AM MST
Heavy rains impacted air and ground access and caused substantial accumulation of water in some areas where work is underway by Trans Mountain Corporation crews.
November 30, 2021, 12 AM MST
The Alberta Indigenous Opportunities Corporation (AIOC) announced that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership comprised of Suncor Energy Inc. and the eight Indigenous communities the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS).
November 30, 2021, 10:06 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 30, 2021 as reported this morning by Rig Locator.
November 30, 2021, 11:34 AM MST
November 30, 2021, 3:24 PM MST
November 30, 2021, 8:55 AM MST
SpectrumH2 has executed a letter of intent (LOI) to assess the feasibility of a large-scale, carbon-capture facility and associated sequestration project in Alberta.
November 30, 2021, 7:56 AM MST
Kiwetinohk Energy Corp. has appointed John Maniawski as president of the Green Energy Division.
November 30, 2021, 12 AM MST
Trican Well Service Ltd. has appointed Stuart O'Connor as a director, effective Nov. 29, 2021.
November 30, 2021, 12 AM MST
Birchcliff Energy Ltd.’s board of directors has declared a quarterly cash dividend of $0.01 per share on its common shares for the quarter ending Dec. 31, 2021, which represents a 100 per cent increase over the prior quarterly common share dividend of $0.005 per share.
November 30, 2021, 2:37 PM MST
November 30, 2021, 6 AM MST
InPlay Oil Corp. and Prairie Storm Resources Corp. were granted a final order by the Court of Queen's Bench of Alberta approving the previously announced plan of arrangement involving, among others, Prairie Storm, InPlay and the holders of common shares of Prairie Storm.
November 30, 2021, 12 AM MST
Obsidian Energy Ltd.’s semi-annual borrowing base redetermination has been completed, resulting in a $35 million increase to its revolving syndicated credit facility from $225 million to $260 million.
November 30, 2021, 4:24 PM MST
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