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
Enerplus Corporation has boosted its 2018 capital guidance to $585 million, which was the top range of the previous guidance of $535-$585 million, largely related to increased non-operated activity.
August 10, 2018, 11:09 AM MDT
Gear Energy Ltd. has entered into a definitive agreement to acquire Steppe Resources Inc., a private oil and gas company, to boost its light oil production.
July 23, 2018, 7:55 PM MDT
June 27, 2018, 6:56 AM MDT
A weak commodity price environment overshadowed operational successes in Cona Resources Ltd.’s Q1 financial results, reported the company in the last quarterly release before shareholders decide next week whether to approve a deal that ultimately would see the company go private.
May 8, 2018, 10:31 AM MDT
Crescent Point Energy Corp. reported a net loss in the first quarter of 2018, as management announced a $25 million reduction to the 2018 capital expenditures budget.
May 3, 2018, 11:21 AM MDT