While Canadian light sweet crude currently faces competition from United States light tight oil (LTO), the strategic landscape is changing and that could mean good news for those north of the border, says a Denver-based oil analyst.
October 15, 2019, 9:24 AM MDT
September 17, 2019, 7:52 AM MDT
September 13, 2019, 7:24 AM MDT
September 11, 2019, 7:08 AM MDT
September 10, 2019, 10:52 AM MDT
August 22, 2019, 10:59 AM MDT
The oil and gas industry in Canada is founded upon a tremendous history of exploration, beginning in the mid-19th century in southern Ontario and expanding across the country throughout the 20th century.
August 20, 2019, 7:27 AM MDT
More than half the wells drilled on Freehold Royalties Ltd.’s lands were in Saskatchewan and Manitoba in the first six months of the year.
August 7, 2019, 12 AM MDT
July 31, 2019, 10:45 AM MDT
With so many competitors currently in the United States, for the time being at least Tervita Corporation does not intend to make a major move into that market, says executive John Cooper.
July 19, 2019, 12 AM MDT
July 18, 2019, 7:28 AM MDT
July 16, 2019, 7:19 AM MDT
Crescent Point Energy Corp.’s commitment to change was such a key theme at Friday’s annual general meeting, president and CEO Craig Bryksa made a point of saying twice to shareholders the following statement:
June 17, 2019, 10:17 AM MDT
IHS Markit is forecasting 40 per cent production growth in light oil production in the next three to five years that will come not from the usual suspects — like the Montney, Duvernay and Spirit River — but from surprisingly profitable plays flying under the radar.
June 5, 2019, 6 AM MDT
Enerplus Corporation has narrowed its 2019 capital spending guidance range to $590 million to $630 million (from $565 to $635 million) following the continued optimization of operational plans in North Dakota.
May 13, 2019, 9:19 AM MDT
Crescent Point Energy Corp. continues to focus on balance sheet improvement through disciplined capital allocation, cost reductions and increased cash flow generation, executives with the company said this morning.
May 9, 2019, 11:23 AM MDT
In March 2019, CWC Energy Services Corp. signed its first contract with a multinational E&P company to provide contract drilling services in the United States.
May 3, 2019, 7:53 AM MDT
Saskatchewan hasn’t been immune to the challenges facing the oil and gas sector.
April 12, 2019, 11:14 AM MDT
March 19, 2019, 8:40 AM MDT
Crescent Point Energy Corp. says its 2019 capital budget is expected to generate over $400 million of excess cash flow, based on current strip prices, which will be used for net debt repayment and additional share repurchases.
March 7, 2019, 11:20 AM MST
Drilling and completions will account for 90 per cent of Crescent Point Energy Corp.’s 2019 capital budget of $1.2 billion to $1.3 billion, down about $500 million or 30 per cent from $1.775 billion in 2018, says the company.
January 15, 2019, 9:19 AM MST
Husky Energy Inc. announced this morning it had set its 2019 capital budget at $3.4 billion as it continues to invest in a deep portfolio of higher-margin, longer-life projects.
December 20, 2018, 8:59 AM MST
By increasing its enhanced oil recovery (EOR) in southeast Saskatchewan, Vermilion Energy Inc. hopes to boost oil production.
November 28, 2018, 8:39 AM MST
October 25, 2018, 11:52 AM MDT
Crescent Point Energy Corp.’s new transition plan is targeting a net debt reduction of over $1 billion by year-end 2019 through a disciplined return-focused budget and asset dispositions, company officials said this morning.
September 5, 2018, 11:08 AM MDT