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
Driven mainly by high netback, light oil, Surge Energy Inc.’s production grew by more than 34 per cent in the fourth quarter of 2018 and by 21 per cent for the 12 months in what the company described as a “transformative year.”
March 13, 2019, 10:29 AM MDT
Kelt Exploration Ltd. may pay a bit more to move its natural gas beyond Western Canada, but commitments such as the contract entered last year on TCPL’s Canadian Mainline to Dawn prove the merits of such market diversification efforts, says management.
April 19, 2018, 9:32 AM MDT