Bonterra Energy Corp. has set a measured 2019 capital budget in the range of $57 million to $77 million.
January 11, 2019, 11:17 AM MST
Yangarra Resources Ltd. expects to increase annual production to 13,000 boe/d to 14,000 boe/d this year with an initial capital budget of $100 million that includes drilling of 24 wells.
January 8, 2019, 6 AM MST
Petrus Resources Ltd. has announced a first quarter 2019 capital budget of $8-$10 million, saying it will continue to monitor the Canadian commodity price environment and will evaluate subsequent quarter capital spending as the year progresses.
January 7, 2019, 9:12 AM MST
Briko Energy Corp. on Thursday began operations as a new junior oil and gas exploration and development company.
December 21, 2018, 3:56 AM MST
Whitecap Resources Inc. has a 2019 capital budget of $425-$475 million for 2019 that includes the drilling of 220 (191.5 net) horizontal wells.
December 18, 2018, 11:10 AM MST
TransGlobe Energy Corporation completed the 2018 Cardium development program, which included six gross (five net) horizontal Cardium development wells drilled from a common pad to improve efficiencies and reduce costs.
December 17, 2018, 4:25 AM MST
Obsidian Energy Ltd.’s second half 2018 Cardium program is proceeding ahead of schedule and under budget.
December 17, 2018, 7:25 AM MST
TORC Oil & Gas Ltd. announced an initial 2019 capital budget of $180 million, slightly lower than the 2018 guidance of $185 million.
December 12, 2018, 12 AM MST
This is Part 2 of a four-part series of DOB articles this week on the future of the Canadian natural gas industry. Today, we examine the immediate future for natgas activity in Western Canada.
November 20, 2018, 3:53 AM MST
Although Obsidian Energy Ltd. has no ongoing development program for its Viking and Peace River assets, it is actively looking at commercialization and alternative commercial arrangements, analysts heard at its recent investment day.
November 19, 2018, 7:12 AM MST
In the evolution of Obsidian Energy Ltd., the future is all about “not big but quick” as the company focuses on its fast cash cycle Cardium light oil assets at Willesden Green, its chief executive said Thursday.
November 16, 2018, 6:23 AM MST
Cardium-focused Obsidian Energy Ltd. plans to spend $71 million to drill 15 gross horizontal producer wells at Willesden Green, including seven in the first half of the year, as part of a $120 million capital spending program for 2019.
November 15, 2018, 9:11 AM MST
InPlay Oil Corp. announced record production in the third quarter of 4,773 boe/d, up 17 per cent from 4,087 boe/d in the year-prior period.
November 14, 2018, 6 AM MST
Petrus Resources Ltd. planned to target Cardium light oil wells in Ferrier with budgeted capital of $25 to $30 million.
November 14, 2018, 9:44 AM MST
Peyto Exploration & Development Corp. is slowly becoming a key player in the Montney while at the same time boosting activity in the Cardium.
November 9, 2018, 6 AM MST
Obsidian Energy Ltd. has determined that the shut-in of select legacy dry gas producing properties will positively affect its cash flows, total operating costs and corporate unit operating costs.
November 9, 2018, 3:25 AM MST
Tamarack Valley Energy Ltd. achieved record production in the third quarter of 2018 as the company increased its oil and natural gas liquids weighting by 12 per cent.
November 9, 2018, 3:34 AM MST
Peyto Exploration & Development Corp. posted a solid quarter thanks in part by delaying capital spending and curtailing production despite a wet September and low gas prices.
November 8, 2018, 11:59 AM MST
TransGlobe Energy Corporation’s 2019 capital program of $34.1 million (before capitalized G&A) includes $24.1 million for Egypt and $10 million (C$13 million) for Canada.
November 8, 2018, 7:11 AM MST
Yangarra Resources Ltd. has increased its 2018 capital budget to $140 million from $120 million.
November 8, 2018, 3:30 AM MST
Natural gas weighted Bellatrix Exploration Ltd. says the remainder of its 2018 capital program will stay flexible and will focus on development of the Spirit River liquids-rich natural gas play and higher liquids weighted opportunities in the Cardium.
November 5, 2018, 8:21 AM MST
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