Demand for high specification drilling rigs with well-trained crews and additional equipment capable of operating efficiently on multi-well pads is driving up day rates across North America, Precision Drilling Corporation president and CEO Kevin Neveu told analysts during the company’s third quarter conference call Thursday.
October 28, 2022, 10:27 AM MDT
Imperial Oil Ltd.’s third quarter earnings and cash flow soared as solid performance at Kearl kept total output essentially flat year-over-year and refinery throughput and utilization was strong.
October 28, 2022, 11:20 AM MDT
Tamarack Valley Energy Ltd. recorded a five per cent year-over-year increase in average daily production during the three-month span ending Sept. 30, 2022.
October 28, 2022, 11 AM MDT
October 28, 2022, 11:29 AM MDT
The number of active rigs this morning across Western Canada is down two from last Friday.
October 28, 2022, 11:40 AM MDT
October 28, 2022, 11:34 AM MDT
Higher transport costs, combined with oil and natural gas liquids pricing volatility, resulted in lower income for AltaGas Ltd.’s midstream business in the third quarter of 2022, the company reported on Friday.
October 28, 2022, 6:43 AM MDT
Whitecap Resources Inc. will spend its growing free cash flow on reducing its debt load to sustainable levels before returning capital to shareholders through increased dividends and share buybacks, president and chief executive officer Grant Fagerheim told analysts at the company’s third quarter conference call Thursday.
October 28, 2022, 7:26 AM MDT
October 28, 2022, 5:45 AM MDT
October 28, 2022, 5:38 AM MDT
Advantage Energy Ltd. says production remains on track to achieve corporate guidance for 2022 despite having shut-in an average of approximately 2,500 boe/d of AECO-exposed production during extremely low prices.
October 28, 2022, 9:27 AM MDT
Advantage Energy Ltd. announces the appointment of Janine J. McArdle to its board of directors.
October 28, 2022, 12 AM MDT
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