Alberta’s Wednesday land sale brought $12.46 million into government coffers.
February 10, 2022, 7 AM MST
Bonterra Energy Corp. averaged approximately 12,747 boe/d of production in 2021, representing a 21 per cent increase over 2020 and in-line with the stated guidance range of 12,800 to 13,200 boe/d.
February 10, 2022, 3:21 PM MST
PrairieSky Royalty Ltd. reported an “exceptional year” for its business in 2021, says executive management, and the firm expects 2022 will be an active year in Canadian energy including through drilling activity on its properties.
February 8, 2022, 8:29 AM MST
Obsidian Energy Ltd. announced its independent reserves evaluation for the year ended Dec. 31, 2021, prepared by Sproule Associates Limited, which showed an increase in both 1P and 2P reserves (see table).
February 7, 2022, 6:10 AM MST
Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.
February 3, 2022, 3:16 PM MST
Yangarra Resources Ltd.’s fourth quarter production averaged 10,060 boe/d (44 per cent liquids) generating funds flow from operations of $32 million, the company said in an operational update.
February 2, 2022, 12 AM MST
Ferrier will continue to be the core area of focus for Petrus Resources Ltd. as the company moves through 2022 and executes a $50-55 million dollar capital budget.
January 28, 2022, 5:58 AM MST
TransGlobe Energy Corporation outlined a 2022 capital budget of $57.7 million, before capitalized G&A.
January 27, 2022, 12 AM MST
Obsidian Energy Ltd. has outlined a 2022 capital plan of $143–$149 million, plus an additional $14 million in decommissioning expenditures.
January 24, 2022, 6:15 AM MST
Deep Basin operators are shifting activity from the liquids-rich Cardium formation to the more productive Spirit River formation as optimism grows that higher natural gas prices are sustainable, according to a new report by the Daily Oil Bulletin.
January 17, 2022, 9:48 AM MST
InPlay Oil Corp. has approved a $58 million capital program for 2022, which is forecasted to deliver 2022 average production of 8,900–9,400 boe/d — 62–63 per cent light oil and liquids.
January 12, 2022, 10:41 AM MST
Obsidian Energy Ltd.’s second-half 2021 drilling activity was completed on schedule.
January 6, 2022, 6:06 AM MST
Bonterra Energy Corp. outlined 2022 capital guidance ranging from $55 to $65 million, which incorporates measured capital allocation with the optionality to adjust spending dependent on the strength of the commodity markets as recovery from the COVID-19 pandemic continues.
December 16, 2021, 5:24 AM MST
Freehold Royalties Ltd.’s board has declared a dividend of six cents per share to be paid on Dec. 15, 2021 to shareholders of record on Nov. 30, 2021.
November 11, 2021, 6:32 AM MST
InPlay Oil Corp.’s production for the third quarter of 2021 set another quarterly record for the company averaging 6,011 boe/d (64 per cent light oil & NGLs).
November 10, 2021, 8:14 AM MST
Bonterra Energy Corp. averaged 12,542 boe/d of production in Q3 2021, 25 per cent higher than in Q3 2020, and 12,389 boe/d in the first nine months of 2021, a 15 per cent increase over the comparative period the prior year.
November 10, 2021, 8:49 AM MST
Obsidian Energy Ltd.’s second half development program “advanced substantially” with the drilling of 11 wells (10.2 net) and three gross/net wells brought on production in the quarter.
November 8, 2021, 6:19 AM MST
Strong third quarter activity rates and revenues at Calfrac Well Services Ltd. are signs of a rapidly improving wells services market headed into 2022, the company said in its third quarter 2021 report to shareholders.
November 2, 2021, 8:45 AM MDT
Obsidian Energy Ltd. has two drilling rigs active in its Cardium asset.
October 28, 2021, 12 AM MDT
Whitecap Resources Inc. closed the acquisition of a private company in southeast Saskatchewan for $67 million.
October 28, 2021, 7:20 AM MDT
In its first comprehensive ESG report, Deep Basin natural gas producer Peyto Exploration & Development Corp. has set new short-term targets for environmental performance in its environment, social and governance reporting.
October 26, 2021, 6 AM MDT
During Q3 2021, third-party operators were active across Western Canada and on PrairieSky Royalty Ltd.’s royalty lands with 193 wells spud (98 per cent oil).
October 25, 2021, 3 PM MDT
Whitecap Resources Inc. plans to spend $470–$490 million in 2022 and has accelerated its fourth quarter 2021 capital program in light of strong commodity prices and a desire to secure needed services and supplies, the company announced this morning.
October 14, 2021, 11:02 AM MDT
TransGlobe Energy Corporation successfully drilled, completed, and equipped one two-mile and two one-mile horizontal wells in the northern area of its Cardium reservoir extension at South Harmattan, first identified by the 2-20 well in 2019.
September 29, 2021, 12 AM MDT
Petrus Resources Ltd. has completed the previously announced transactions that will significantly reduce the company's total debt and also extend the maturity date of its senior secured credit facility.
September 22, 2021, 2:54 PM MDT