Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
While Kelt Exploration Ltd.’s main operational focus in its $150-million capital program for 2021 is on its Montney asset base, the company continues to slowly progress its Charlie Lake play in the Spirit River area of Alberta.
July 14, 2021, 6 AM MDT
After almost a decade with Tourmaline Oil Corp., Topaz Energy Corp. president and CEO Marty Staples is well versed when it comes to the attributes and upside of the Charlie Lake play.
July 13, 2021, 8:35 AM MDT
Like many plays in the Western Canadian Sedimentary Basin, for many decades the Charlie Lake in northeast British Columbia and Alberta was a known quantity but with limited commercialization potential.
July 12, 2021, 9:30 AM MDT
A trend that we have witnessed during the recent wave of consolidation in the Canadian oil and natural gas industry is a significant number of privately-held oil and natural gas companies achieving liquidity by selling to publicly-traded companies for shares.
June 30, 2021, 6:57 AM MDT
Tamarack Valley Energy Ltd. has closed its acquisition of Anegada Oil Corp.
June 1, 2021, 8:58 AM MDT
NuVista Energy Ltd. commissioned the Pipestone North infrastructure project on March 15, 2021, ahead of schedule.
May 12, 2021, 6:43 AM MDT
Alberta’s Wednesday land sale brought in $16.28 million.
May 6, 2021, 6 AM MDT
Kelt Exploration Ltd.’s average production in Q1 fell to 18,860 boe/d, a 39 per cent drop from the same quarter last year.
May 6, 2021, 7:09 AM MDT
Following the acquisition of Anegada Oil Corp., Tamarack Valley Energy Ltd. expects to spend $165 – $175 million for 2021, up from the previous estimate of $125 – $130 million.
May 5, 2021, 12 AM MDT
Tamarack Valley Energy Ltd. may spud a well next week at its Charlie Lake asset, which it is acquiring from Anegada Oil Corp.
May 5, 2021, 9:32 AM MDT
Topaz Energy Corp. has entered into a definitive agreement with Reserve Royalty Income Trust for the purchase of subsidiaries which hold all of the Reserve Royalty assets for $26 million, payable through the issuance of 1.8 million Topaz shares.
May 3, 2021, 6:35 AM MDT
Tamarack Valley Energy Ltd. is acquiring Anegada Oil Corp., a privately held pure play Charlie Lake light-oil producer, for total net consideration of $494 million, after deducting the proceeds from the sale of a two per cent newly created gross overriding royalty (GORR) on the acquired assets.
April 12, 2021, 5:41 AM MDT
Tamarack Valley Energy Ltd. will look for further opportunities to consolidate Charlie Lake assets, following the acquisition of Anegada Oil Corp. that was announced this morning.
April 12, 2021, 10:28 AM MDT
Topaz Energy Corp. has entered into a non-binding agreement with Tamarack Valley Energy Ltd. for the purchase of a newly created gross overriding royalty interest in the Peace River High area of Alberta for total purchase consideration of $32 million.
April 12, 2021, 6:36 AM MDT
Alberta’s first land sale of 2021 held on Wednesday brought $5.28 million into government coffers.
January 14, 2021, 7:20 AM MST
Whitecap Resources Inc. completed the previously announced strategic combination with NAL Resources Limited.
January 4, 2021, 2:56 PM MST
Paramount Resources Ltd. has realized significant cost savings in its capital program through its continuing focus on well design, increased efficiencies and lower vendor rates, while not compromising on completion effectiveness.
August 6, 2020, 8:33 AM MDT
Longshore Resources Ltd. has entered into an agreement with Rifle Shot Oil Corp., Steelhead Petroleum Ltd. and Primavera Resources Corp. to acquire all of their outstanding shares as part of a consolidating transaction.
June 8, 2020, 12 AM MDT
In what has become a rarity at this year’s virtual annual meetings, junior Altura Energy Ltd. Thursday talked to its shareholders about an early stage medium oil exploration play.
June 5, 2020, 6:21 AM MDT
Despite a late start to the winter drilling season due to adverse weather conditions, NuVista Energy Ltd.’s operations across its entire asset base have caught up to schedule as it moves through Q1.
March 4, 2020, 7:13 AM MST
Alberta’s Wednesday land sale brought $1.81 million into provincial coffers.
August 15, 2019, 8:16 AM MDT
Surge Energy Inc.’s second quarter production and adjusted funds flow came in higher than analyst estimates and the company's bank debt, net debt, operating expenses, transportation expenses and general and administrative costs all came in lower than budgeted expectations.
August 12, 2019, 12 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
IHS Markit is forecasting 40 per cent production growth in light oil production in the next three to five years that will come not from the usual suspects — like the Montney, Duvernay and Spirit River — but from surprisingly profitable plays flying under the radar.
June 5, 2019, 6 AM MDT