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
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