First quarter 2021 exploration and development activity was up from Q4 2020 but remained below Q1 2020 levels prior to the onset of the COVID-19 pandemic, PrairieSky Royalty Ltd. reported in Q1 results released on Monday afternoon.
April 19, 2021, 2:34 PM MDT
Spartan Delta Corp.'s first quarter average production was 31,500 boe/d, based on field estimates.
April 15, 2021, 7:33 AM MDT
Obsidian Energy Ltd. has outlined a capital plan of $127 million for 2021 plus an additional $8 million in decommissioning expenditures is planned for development and environmental programs.
March 29, 2021, 9:16 AM MDT
Obsidian Energy Ltd. has executed amending agreements to extend both its syndicated credit facility and senior notes maturity date to Nov. 30, 2022.
March 29, 2021, 12 AM MDT
InPlay Oil Corp.’s planned capital program for 2021 of $23 million is unchanged from the previous outlook, although the recent bump in commodity prices has increased its funds flow forecast.
March 17, 2021, 7:50 AM MDT
Bonterra Energy Corp.’s 2020 production averaged10,575 boe/d, reflecting modest capital spending during the year coupled with 875 boe/d of shut-in production volumes related to facility maintenance and low commodity prices.
March 15, 2021, 6:25 AM MDT
Spartan Delta Corp.’s 2021 capital expenditures of $101 million will be focused on the execution and acceleration of drill-ready development across the company's core properties targeting the Montney, Spirit River, and Cardium formations.
March 12, 2021, 5:54 AM MST
Alberta’s Wednesday land sale brought $5.63 million into government coffers.
March 11, 2021, 6 AM MST
On Jan. 5, 2021, Freehold Royalties Ltd. closed the acquisition of U.S. royalty properties for US$58 million net.
March 5, 2021, 8:41 AM MST
Peyto Exploration & Development Corp. management is optimistic for 2021, with plans to run four drilling rigs throughout the year, including two rigs during spring breakup, as well as one in Sundance and one in Brazeau.
March 4, 2021, 1:04 PM MST
Yangarra Resources Ltd. set its 2021 capital budget at $60 million prior to the announcement of multiple COVID-19 vaccines when WTI prices hovered around US$45/bbl.
March 4, 2021, 3:32 PM MST
Tamarack Valley Energy Ltd. continues to be active in the Clearwater play with 12 wells rig released out of a planned 16-well first quarter $18 million program.
March 1, 2021, 12 AM MST
Obsidian Energy Ltd.’s 1P and 2P reserves climbed year-over-year, despite a challenging year.
February 18, 2021, 12 AM MST
Bonterra Energy Corp. laid out a fully-funded 2021 capital budget of $65–$75 million.
February 16, 2021, 3:52 PM MST
PrairieSky Royalty Ltd. is acquiring a large royalty portfolio, which will consolidate a significant fee mineral title position in Western Canada.
February 8, 2021, 2:43 PM MST
Obsidian Energy Ltd. has extended its syndicated credit facility to Feb. 26, 2021.
January 28, 2021, 12 AM MST
Obsidian Energy Ltd. has again extended the expiry of its offer to purchase all of the issued and outstanding common shares of Bonterra Energy Corp. until 5 p.m. (Mountain) on March 29, 2021.
January 25, 2021, 5:40 AM MST
TransGlobe Energy Corporation is preparing to stimulate and equip the two-mile horizontal well drilled but not completed as part of the company’s 2020 Cardium drilling program in South Harmattan.
January 22, 2021, 9:37 AM MST
Petrus Resources Ltd.’s board of directors has approved a first quarter 2021 capital budget of $9 million to drill three (2.1 net) Cardium wells in the Ferrier area.
January 12, 2021, 3:12 PM MST
Spartan Delta Corp. firmed up its capital spending guidance for 2021 to $43 million from a previous range of $40 million-$43 million.
January 6, 2021, 6:09 AM MST
John H. Van de Pol intends to step down as president and CEO of Briko Energy Corp. effective March 15, 2021 but will continue to remain as a member of the board.
January 6, 2021, 3:31 PM MST
Obsidian Energy Ltd. outlined first half 2021 capital spending plans of $35 million plus $5 million in decommissioning expenditures.
January 5, 2021, 5:27 AM MST
Whitecap Resources Inc. completed the previously announced strategic combination with NAL Resources Limited.
January 4, 2021, 2:56 PM MST
Bonterra Energy Corp. reported a successful and efficient Q3/Q4 2020 drilling program, which has and will continue to be funded, in part, by the Business Development Bank of Canada (BDC) commitment.
December 23, 2020, 12 AM MST
Obsidian Energy Ltd. will increase its 2020 capital program by $3.2 million to begin drilling activity on the first pad within its Central Alberta Willesden Green asset.
November 30, 2020, 10 AM MST
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