Whitecap Resources Inc. posted record production for the second consecutive quarter in 2018 despite the historic price differential for light and heavy crude oil in Canada.
November 2, 2018, 12 AM MDT
High-margin royalty production continued to deliver strong growth opportunities for PrairieSky Royalty Ltd.
October 30, 2018, 9:20 AM MDT
Vermilion Energy Inc. reported higher financial results across the board for the third quarter of 2018.
October 25, 2018, 6:57 AM MDT
TransGlobe Energy Corporation has drilled and cased three one-mile horizontal wells and the company’s first two-mile horizontal well.
October 24, 2018, 3:19 AM MDT
Obsidian Energy Ltd. says it is on track to deliver meaningful 2019 light oil production growth from its Willesden Green Cardium program.
October 10, 2018, 4:50 AM MDT
In Canada, TransGlobe Energy Corporation began drilling the 2018 Cardium development program, which includes six gross (five net) horizontal Cardium development wells to be drilled from a common pad to improve efficiencies and reduce costs.
September 25, 2018, 6:49 AM MDT
There’s potential for a new significant unconventional oil play in northeastern B.C. that could unlock hundreds of millions of light oil bbls, says the head of a newly released Geoscience BC study — and it’s where conventional oil has been developed since the 1950s.
September 21, 2018, 12 AM MDT
Proceeds from a cash payment of $16.7 million for non-core oil and gas properties in the West Pembina area of Alberta will be used to accelerate Cardium drilling within its core Willesden Green area and to pay down debt, says InPlay Oil Corp.
September 13, 2018, 9:27 AM MDT
TransGlobe Energy Corporation says it has finalized its Cardium drilling program, and is set to kick it off later this month or in early September.
August 14, 2018, 9:17 AM MDT
InPlay Oil Corp.’s capital program of $12.3 million in the second quarter of 2018 was comprised of several exploration, development and land acquisition activities.
August 10, 2018, 6:08 AM MDT
Petrus Resources Ltd. says its focus for the second half of 2018 is to prioritize light oil drilling opportunities in its core area of Ferrier, Alta., as a result of the current commodity price environment for natural gas.
August 10, 2018, 9:43 AM MDT
Despite the lowest Alberta natural gas prices in more than a quarter century, Peyto Exploration & Development Corp. remained solidly profitable in Q2 for the fifty-fourth consecutive quarter.
August 9, 2018, 11:32 AM MDT
Yangarra Resources Ltd. announced an increase in the capital budget from $90 million to $120 million for 2018.
August 9, 2018, 6:20 AM MDT
Bonterra Energy Corp. invested $19 million in capital expenditures in Q2, representing approximately 25 per cent of the company’s $75 million capital budget for the year.
August 9, 2018, 9:14 AM MDT
NCS Multistage Holdings, Inc. CEO Robert Nipper says the company has been successfully expanding its business with customers in the Cardium and Deep Basin.
August 8, 2018, 8:18 AM MDT
After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.
August 1, 2018, 10:23 AM MDT
TransGlobe Energy Corporation acquired 100 per cent working interest in 16 sections (10,240 acres) of Cardium rights at Crown land sales year to date on a Cardium prospect south/south west of Harmattan pool.
June 22, 2018, 3:18 AM MDT
June 4, 2018, 8:32 AM MDT
June 4, 2018, 8:50 AM MDT
InPlay Oil Corp. possibly could increase its capital spending for the year depending on whether strengthening commodity prices persist, heard this week’s annual general meeting.
May 16, 2018, 6 AM MDT
Obsidian Energy Ltd. is ready to “fast track” development of its Cardium light-oil with a $50 million inventory of “near-term” drilling locations, shareholders heard on Friday.
May 14, 2018, 6 AM MDT
With positive results from the testing of a new completion design at its Sundance Cardium play, Peyto Exploration & Development Corp. plans to load up the back-half of 2018 with about 40 more Cardium wells.
May 14, 2018, 9 AM MDT
Obsidian Energy Ltd.’s first quarter results were hurt by hedging losses, wide differentials, cold weather downtime, third-party maintenance and operational delays.
May 14, 2018, 6 AM MDT
Total production for InPlay Oil Corp. climbed 14 per cent to 4,415 boe/d compared to the first quarter of 2017, within annual average 2018 guidance of 4,400 – 4,500 boe/d.
May 11, 2018, 3:40 AM MDT
Tamarack Valley Energy Ltd. achieved record corporate production in the first quarter of 23,532 boe/d, up 32 per cent over volumes of 17,796 boe/d during the same period last year.
May 10, 2018, 9:12 AM MDT