InPlay Oil Corp. possibly could increase its capital spending for the year depending on whether strengthening commodity prices persist, heard this week’s annual general meeting.
May 16, 2018, 6 AM MDT
Obsidian Energy Ltd. is ready to “fast track” development of its Cardium light-oil with a $50 million inventory of “near-term” drilling locations, shareholders heard on Friday.
May 14, 2018, 6 AM MDT
With positive results from the testing of a new completion design at its Sundance Cardium play, Peyto Exploration & Development Corp. plans to load up the back-half of 2018 with about 40 more Cardium wells.
May 14, 2018, 9 AM MDT
Obsidian Energy Ltd.’s first quarter results were hurt by hedging losses, wide differentials, cold weather downtime, third-party maintenance and operational delays.
May 14, 2018, 6 AM MDT
Total production for InPlay Oil Corp. climbed 14 per cent to 4,415 boe/d compared to the first quarter of 2017, within annual average 2018 guidance of 4,400 – 4,500 boe/d.
May 11, 2018, 3:40 AM MDT
Tamarack Valley Energy Ltd. achieved record corporate production in the first quarter of 23,532 boe/d, up 32 per cent over volumes of 17,796 boe/d during the same period last year.
May 10, 2018, 9:12 AM MDT
Peyto Exploration & Development Corp. says a “strategic shift” undertaken early this year to counteract persistently weak and volatile natural gas prices has proven effective.
May 9, 2018, 10:31 AM MDT
Tourmaline Oil Corp. reported first quarter 2018 earnings of $129.6 million, which is a 30 per cent increase from first quarter 2017 earnings of $99.5 million, highlighting the underlying profitability of the EP business, despite low natural gas prices.
May 9, 2018, 6 AM MDT
May 9, 2018, 11:36 AM MDT
TORC Oil & Gas Ltd. announced an agreement to acquire light oil assets, which are complementary to its existing operations in southeast Saskatchewan.
May 9, 2018, 3 AM MDT
While wells spud on PrairieSky Royalty Ltd. lands continued to be focused on the Viking light oil play in western Saskatchewan and eastern Alberta, the company also saw activity on its emerging crude oil plays in the first quarter of 2018.
April 24, 2018, 7:21 AM MDT
Obsidian Energy Ltd. is exploring the sale of its Alberta Viking assets and is engaged in ongoing discussions with China Investment Corporation (CIC) regarding a disposition of the company's share of jointly owned Peace River assets.
April 2, 2018, 5:06 AM MDT