TORC Oil & Gas Ltd. record quarterly production of 28,337 boe/d, up from 28,326 boe/d in the second quarter of 2019 and 27,160 boe/d in the third quarter of 2018.
November 6, 2019, 2:55 PM MST
Whitecap Resources Inc. has entered a joint venture with a progressive private company with a large land footprint in the oil-rich Montney window in the Deep Basin.
October 31, 2019, 10:43 AM MDT
Yangarra Resources Ltd. has approved a capital budget of $120 million for 2020.
October 31, 2019, 8:33 AM MDT
Whitecap Resources Inc. is on track to achieve its targeted production for the year despite spending less capital.
October 31, 2019, 3:28 PM MDT
TransGlobe Energy Corporation completed its 2019 Canadian drilling program in the third quarter.
October 30, 2019, 9:08 AM MDT
PrairieSky Royalty Ltd. saw a drop in activity on its lands in the third quarter with 190 wells spud, a 21 per cent reduction from 242 wells during the same period last year.
October 29, 2019, 8:27 AM MDT
During the quarter, TransGlobe Energy Corporation drilled and cased three Cardium development oil wells (one-mile horizontal wells) in the Harmattan area and one Cardium outpost (appraisal) well (a two-mile horizontal well) in the South Harmattan area, which completed the 2019 drilling program.
October 10, 2019, 7:27 AM MDT
Obsidian Energy Ltd.’s 13-well Willesden Green Cardium development program planned for the second half of the year is progressing as planned, with six wells rig released.
September 30, 2019, 6:43 AM MDT
Alberta’s land sale attracted $2.1 million on Wednesday, with a 2019 average price low of $65.98. Industry picked up 31,840 hectares.
September 12, 2019, 7:55 AM MDT
Obsidian Energy Ltd. has started a formal process to explore strategic alternatives.
September 10, 2019, 7:18 AM MDT
With an active drilling rate that hovered around the 25 per cent mark for the majority of the first half 2019, it came as no surprise that drilling programs were measured and deferred.
August 26, 2019, 10 AM MDT
The oil and gas industry in Canada is founded upon a tremendous history of exploration, beginning in the mid-19th century in southern Ontario and expanding across the country throughout the 20th century.
August 20, 2019, 7:27 AM MDT
Second-quarter earnings highlighted the challenges of the volatile AECO market as Canadian producers tightened production guidance, reduced spending or deferred projects until the second half of the year — when prices are cautiously expected to improve.
August 14, 2019, 7:59 AM MDT
Obsidian Energy Ltd. maintained strong operational and financial results in the second quarter as it continued to focus on its high-quality, light oil Cardium asset.
August 14, 2019, 9:01 AM MDT
Petrus Resources Ltd.’s board of directors has approved a third quarter 2019 capital budget of $7 million that is expected to include drilling and completion activities for three gross (1.5 net) Cardium light oil wells at Ferrier.
August 12, 2019, 7:28 AM MDT
TransGlobe Energy Corporation second quarter Canadian oil production averaged 788 bbls/d during the quarter, a decrease of 106 bbls/d (12 per cent) from the previous quarter, primarily due to natural declines.
August 12, 2019, 10:59 AM MDT
Bonterra Energy Corp. says its original 2019 capital budget of $57–$77 million remains intact and is expected to be near the low range of guidance.
August 9, 2019, 8:10 AM MDT
Peyto Exploration & Development Corp. continued to focus on development of its liquids-rich Cardium play in the second quarter, despite the slowdown due to spring breakup and extremely wet surface conditions in June.
August 8, 2019, 11:13 AM MDT
InPlay Oil Corp. drilled two wells (2.0 net) in the second quarter that were originally scheduled for the third quarter.
August 8, 2019, 12 AM MDT
More than half the wells drilled on Freehold Royalties Ltd.’s lands were in Saskatchewan and Manitoba in the first six months of the year.
August 7, 2019, 12 AM MDT
ARC Resources Ltd. reported average daily production of 134,938 boe/d in the second quarter, up from 127,879 boe/d in the year-prior quarter, with the company’s Lower Montney development activities continuing to grow its high-value condensate production.
August 1, 2019, 8:05 AM MDT
TORC Oil & Gas Ltd. reported record quarterly production of 28,326 boe/d for Q2, up from 23,059 boe/d in the second quarter of 2018.
August 1, 2019, 12 AM MDT
A “surprise” and “dramatic increase” in well productivity in the Eagle Ford could guide Baytex Energy Corp.’s development of the East Duvernay.
July 11, 2019, 11:07 AM MDT
InPlay Oil Corp.’s production for the second quarter, based on field estimates, is expected to have averaged over 5,100 boe/d.
July 8, 2019, 7:26 AM MDT
Tourmaline Oil Corp. is continuing to work at growing third party revenue and revenue from midstream operations will become a significant and growing business, shareholders heard Wednesday.
June 6, 2019, 12 AM MDT
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