• Peyto Estimates 2023 Spending Of $425–$475 Million With More Activity In Summer Months

    While its official 2023 budget is still being finalized, Peyto Exploration & Development Corp. currently anticipates an organic capital program of $425–$475 million, which will use between four and five drilling rigs throughout the year.

    November 10, 2022, 11:35 AM MST

  • PrairieSky Reports 122 Wells Spud In Q2; Completes Royalty Acquisitions

    There were 122 wells spud (94 per cent oil) on PrairieSky Royalty Ltd. lands during Q2 2022 which included 62 wells spud on Fee Lands, 44 wells spud on GORR acreage and 16 unit wells spud.

    July 18, 2022, 3:35 PM MDT

  • Cardinal Expects To Exceed Annual Production Guidance After Strong Q1 Start

    Cardinal Energy Ltd. expects to exceed production guidance for the year after a successful 10-well drilling program in the first quarter — including four Clearwater oil wells, two Dunvegan light oil wells and four wells in its Southern Alberta area — increased current output.

    May 13, 2022, 10:02 AM MDT

  • Cardinal Produced 20,525 Boe/d In Q4

    Cardinal Energy Ltd. produced 20,525 boe/d in the fourth quarter of 2021, averaging 19,090 boe/d for the year.

    February 25, 2022, 12 AM MST

  • ROK Acquisition Highlights

    Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.

    February 3, 2022, 3:16 PM MST

  • Alberta Land Sale Brings In $5.63 Million

    Alberta’s Wednesday land sale brought $5.63 million into government coffers.

    March 11, 2021, 6 AM MST

  • Alberta Land Sale Brings In $4.83 Million

    Alberta’s Wednesday land sale brought $4.83 million into provincial coffers.

    December 5, 2019, 8:57 AM MST

  • Cequence Reports Slight Decrease In Q2 Output

    Cequence Energy Ltd.’s second quarter production decreased slightly and averaged 6,142 boe/d compared to production of 6,334 boe/d for the same prior year period but was up from 5,964 boe/d in the first quarter of 2019.

    August 12, 2019, 10:55 AM MDT

  • New Technology Plays Offer Growth Opportunity In New Era Of Capital Flexibility

    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

  • Cequence Focused On Simonette

    Capital expenditures for the three months ended March 31, 2019, focused at Simonette where Cequence Energy Ltd. completed and tied in the two gross (2.0 net) Dunvegan horizontal oil wells drilled in the fourth quarter of 2018 and completed in early 2019.

    May 10, 2019, 9 AM MDT

  • Cequence Boosts Liquids Weighting Due To Dunvegan Oil Play

    Focusing on its Dunvegan oil program, natural-gas weighted Cequence Energy Ltd. increased its liquids weighting in both the 2018 year and fourth quarter although overall production in both periods was down from the previous year.

    March 14, 2019, 12 AM MDT

  • Cequence Names CFO

    Cequence Energy Ltd. announced that Allan Mowbray will be joining the company as chief financial officer effective March 15, 2019.

    February 13, 2019, 12 AM MST

  • Cequence Confirms Borrowing Base

    Cequence Energy Ltd.’s senior lender has completed a redetermination of the borrowing base under the company’s senior secured credit facility, and has confirmed the borrowing base remains at $7 million.

    December 17, 2018, 9:34 AM MST

  • Cequence Keeps Close Eye On Differentials

    Cequence Energy Ltd. is waiting until price differentials improve and AECO gas prices stabilize before bringing new wells on production.

    November 14, 2018, 8:19 AM MST

  • Whitecap Reports Record Q3 Production

    Whitecap Resources Inc. posted record production for the second consecutive quarter in 2018 despite the historic price differential for light and heavy crude oil in Canada.

    November 2, 2018, 12 AM MDT

  • Cequence Greatly Narrows Loss, Reduces Gas Weighting, In Q2

    Cequence Energy Ltd. says its second quarter liquid volumes rose by 34 per cent over the first quarter of 2018.

    August 13, 2018, 9:31 AM MDT

  • Whitecap Ups 2018 Production Outlook, Spending Stays The Same

    After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.

    August 1, 2018, 10:23 AM MDT

  • Cequence Reports Strong Production From Dunvegan

    Cequence Energy Ltd. continues to see strong production from its Dunvegan oil play including the three gross (two net) wells that came on production in April.

    June 27, 2018, 6 AM MDT

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