At Alberta’s Sept. 6 land sale, the province sold 13,512.08 hectares of P&NG leases and licenscs bringing in $6.95 million. In addition, 960 hectares of oilsands leases sold for about $61,000. This brings the total cumulative bonus paid to-date for the year in Alberta to $343.12 million.
September 11, 2023, 8:21 AM MDT
Alberta sold 20,860.26 hectares of P&NG leases and licences in the August 23 land sale, bringing in $10.73 million. There were no oilsands parcels on this date. This brings the total cumulative bonus paid to-date for the year in the province to $336.11 million.
August 28, 2023, 8:33 AM MDT
In the July 26 land sale, the province sold 16,208 hectares of P&NG leases and licences bringing in $9.36 million. Additionally, 2,009 hectares of oilsands leases sold for $0.41 million. This brings the total cumulative bonus paid to-date for 2023 in Alberta to $251.15 million.
July 31, 2023, 8:24 AM MDT
Tamarack Valley Energy Ltd. significantly expanded its Clearwater and Charlie Lake infrastructure footprint in the first half of the year, which will help the company reduce its cost structure and enhance free funds flow generation going forward.
July 27, 2023, 11:05 AM MDT
PrairieSky Royalty Ltd. reported record quarterly average oil royalty production in the second quarter with most of the growth focused on three oil bearing plays.
July 18, 2023, 8:45 AM MDT
In the July 12 land sale, the province sold 26,016 hectares of P&NG leases and licences bringing in $7.96 million. In addition, 1,152 hectares of oilsands leases sold for $0.29 million. This brings the total cumulative bonus paid to-date for the year in Alberta to $241.38 million.
July 17, 2023, 6 AM MDT
In the June 28, 2023 land sale, the province sold 13,968 hectares of P&NG leases and licenses, bringing in $7.99 million. Additionally, 2,880 hectares of oilsands leases sold for $0.53 million. This brings the total cumulative bonus paid to-date for the year in Alberta to $233.13 million.
July 4, 2023, 6 AM MDT
Although Tamarack Valley Energy Ltd. reported negligible infrastructure damage, the Alberta wildfires had both direct and indirect impacts on the company’s operations, including production impacts associated with unplanned third-party infrastructure downtime.
June 30, 2023, 7:43 AM MDT
In the May 17, 2023 land sale, the province sold 40,448 hectares of P&NG leases and licenses bringing in $24.21 million. Additionally, 8,130.19 hectares of oilsands leases sold for $6.51 million. This brings the total cumulative bonus paid to-date for the year in Alberta to $197.84 million.
May 23, 2023, 12 AM MDT
Debt reduction and demonstrating how high-quality assets can reward shareholders will be high on the docket for Tamarack Valley Energy Ltd. in the near-term.
May 19, 2023, 6 AM MDT
A heavy oil production hike drove 64 per cent year-over-year overall production gains for Tamarack Valley Energy Ltd. in the first three months of 2023.
May 12, 2023, 7:44 AM MDT
In Alberta’s May 3 land sale, the province sold 10,176 hectares of P&NG leases and licenses bringing in $3.57 million. Additionally, 2,642 hectares of oilsands leases sold for $0.65 million. This was the lowest hectares and bonus tallies so far this year.
May 8, 2023, 9:04 AM MDT
Kelt Exploration Ltd. recorded the highest quarterly average production in its 10-year history during the first quarter of 2023.
May 4, 2023, 6:04 AM MDT
The Charlie Lake resource play northwest of Grande Prairie is often touted as the lowest cost tight oil play in North America.
May 2, 2023, 9:59 AM MDT
Kelt Exploration Ltd. is almost done delineating its Alberta Montney assets and will move into the development phase in 2023, company president and chief executive officer David Wilson said at its annual general meeting last week.
April 25, 2023, 12 AM MDT
Strong and steady drilling activity on its royalty lands helped PrairieSky Royalty Ltd. to another strong quarter and led to the company posting its sixth consecutive quarter of record third-party leasing.
April 18, 2023, 8:56 AM MDT
In the April 5 land sale, the province sold 109,222 hectares of P&NG leases and licences for a total bonus of $25.67 million. In addition, 9,876 hectares of oilsands leases sold for $1.89 million.
April 10, 2023, 9:05 AM MDT
In the March 22 land sale, the province sold 31,360 hectares of P&NG leases and licences bringing in $40.31 million. In addition, 1,280 hectares of oilsands leases sold for $0.27 million.
March 27, 2023, 8:59 AM MDT
Trican Well Service Ltd. is forecasting increasing activity in 2023 versus 2022, albeit single-digit increases on a percentage basis, says Brad Fedora, president and chief executive officer.
March 22, 2023, 12 AM MDT
At the March 8 land sale, the province sold 25,658.4 hectares of P&NG leases and licences, bringing in $22.04 million. Additionally, 1,856 hectares of oilsands leases sold for $0.53 million. This brings the total cumulative bonus paid to-date for the year in Alberta to $82.06 million.
March 13, 2023, 6 AM MDT
Kelt Exploration Ltd.’s average production in Q4 was 28,036 boe/d, up nine per cent compared to average production of 25,815 boe during the fourth quarter of 2021.
March 3, 2023, 7:29 AM MST
Tamarack Valley Energy Ltd. reported fourth quarter production volumes of 64,344 boe/d and yearly production volumes of 48,283 boe/d in 2022, representing a 59 per cent and 40 per cent increase respectively compared to the same periods in 2021.
March 2, 2023, 6:09 AM MST
During the first half of 2022, Kelt Exploration Ltd. determined that additional gas processing capacity expected to be made available to the company in the Wembley/Pipestone area at a third-party facility was postponed until later in 2023 or early in 2024.
February 16, 2023, 6:13 AM MST
It was another active quarter for third-party operators across PrairieSky Royalty Ltd.’s royalty properties.
February 6, 2023, 2:24 PM MST
In the Jan. 25 landsale, the province sold 65,892 hectares of P&NG leases and licences bringing in $10.52 million. There was no public offering of Crown oilsands rights this sale. This brings the total cumulative bonus paid to-date for the year in Alberta to $42.11 million.
January 30, 2023, 7:09 AM MST
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