Perpetual Energy Inc. is participating in an active capital program at its 50 per cent working interest East Edson property.
October 5, 2021, 7:29 AM MDT
Rubellite Energy Inc. currently has 14 (13.0 net) producing multi-lateral wells on production, including the six (6.0 net) original wells drilled by Perpetual Energy Inc. at Ukalta and the one (1.0 net) producing 2.5 leg multi-lateral well at Figure Lake acquired in January 2020.
October 5, 2021, 7:40 AM MDT
Pure play Clearwater producer Rubellite Energy Inc. confirmed that its outstanding warrants to purchase common shares of the company will expire on Oct. 4, 2021.
September 14, 2021, 6 AM MDT
Although activity in the Cardium play in central Alberta is showing signs of rebounding slightly from a slowdown in recent years, it faces some challenges when compared to other plays in the Western Canadian Sedimentary Basin such as the Montney, Clearwater and Charlie Lake, says Patrick O’Rourke, an analyst with AltaCorp Capital Inc.
September 13, 2021, 6:36 AM MDT
Tamarack Valley Energy Ltd. recently closed the acquisition of 53 net sections of highly prospective Clearwater lands which included approximately 400 boe/d of heavy oil production for total consideration of $36 million.
September 13, 2021, 3:23 PM MDT
Tamarack Valley Energy Ltd.'s five-year plan is expected to generate sustainable long-term growth in free funds flow.
September 13, 2021, 3:30 PM MDT
Clearview Resources Ltd. recently completed the acquisition of 14,240 gross and net acres of Crown land in the Jarvie area of Alberta focused on the developing Clearwater oil play in the region.
September 13, 2021, 10:50 AM MDT
Rubellite Energy Inc. has approved second half 2021 capital expenditures of $18 to $22 million.
September 7, 2021, 6:06 AM MDT
Baytex Energy Corp. says its 2021 appraisal program in the Clearwater, which has emerged as one of the most profitable plays in Canada, has delivered production results beyond initial expectations.
September 2, 2021, 7:57 AM MDT
Perpetual Energy Inc. and Rubellite Energy Inc. are both expected to have active capital programs over the balance of the year.
August 17, 2021, 6:59 AM MDT
Freehold Royalties Ltd. bolstered its royalty portfolio with a trio of acquisitions.
August 10, 2021, 2:39 PM MDT
Perpetual Energy Inc. has filed the management information circular for the plan of arrangement involving Rubellite Energy Inc.
August 6, 2021, 12 AM MDT
Headwater Exploration Inc. is increasing its capital budget to $130 million from $110 million, allowing for the acceleration of an oil processing facility.
August 6, 2021, 12 AM MDT
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
As a result of its strong operating performance through the first half of 2021, Baytex Energy Corp. is increasing its production guidance to 79,000 to 80,000 boe/d, up from 77,000 to 79,000 boe/d, previously.
July 28, 2021, 4:20 PM MDT
PrairieSky Royalty Ltd. has acquired a five per cent gross overriding royalty on over 76,000 acres of Clearwater lands in the core Marten Hills area.
July 19, 2021, 2:19 PM MDT