Kiwetinohk Energy Corp. is the new name for the combined Kiwetinohk Resources Corp. and Distinction Energy Corp.
September 22, 2021, 3:44 PM MDT
Crescent Point Energy Corp. is expecting to generate annual average production of 131,000–135,000 boe/d in 2022 based on development capital expenditures of $825–$900 million.
September 13, 2021, 5 AM MDT
Oilfield service companies keep seeking out mergers and acquisitions that will prove successful, as highlighted in recent second quarter results and conference calls.
August 24, 2021, 5:08 AM MDT
Journey Energy Inc. plans on returning to the field in early 2022 and this should increase both production and the oil weighting to pre-pandemic levels over time.
August 11, 2021, 12 AM MDT
Pembina Pipeline Corporation has updated its full-year EBITDA guidance for 2021 to between $3.3 billion and $3.4 billion, raising the low-end, based on year-to-date results and the outlook for the remainder of the year.
August 6, 2021, 10:14 AM MDT
Keyera Corp. says construction on the KAPS pipeline project is now underway with the majority of line pipe continuing to be milled in Alberta.
August 5, 2021, 10:28 AM MDT
At Murphy Oil Corporation’s Tupper Montney, natural gas production averaged 248 mmcf/d in Q2.
August 5, 2021, 7:19 AM MDT
Paramount Resources Ltd.’s second quarter capital spending totaled $83.5 million and was focused on drilling and completion activities at Karr, Wapiti and the Willesden Green Duvernay.
August 4, 2021, 8:24 AM MDT
Cardinal Energy Ltd.’s second quarter production of 17,949 boe/d was five per cent higher than the same period in 2020.
July 30, 2021, 6 AM MDT
CWC Energy Services Corp. reported a strong start to Q3 2021 with both the number of drilling rigs and service rigs back to the peak activity levels experienced this past winter in Q1 2021.
July 30, 2021, 7:23 AM MDT
Source Energy Services Ltd. grew market share in the Western Canadian Sedimentary Basin (WCSB), reporting Q2 sand sales volumes of 557,208 metric tonnes (MT) and sand revenue of $58.1 million.
July 30, 2021, 8:13 AM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
Crescent Point Energy Corp. has increased its 2021 annual average production guidance to 130,000–134,000 boe/d, up from its prior range of 128,000–132,000 boe/d.
July 28, 2021, 11:14 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
Precision Drilling Corporation employee recruitment and training practices represent a competitive advantage for the company coming out of the downturn, ensuring a sustained, strong market position, says top brass.
July 23, 2021, 7:27 AM MDT
The boards of directors and the largest shareholders of Kiwetinohk Resources Corp. and Distinction Energy Corp. have agreed to combine.
June 28, 2021, 7:19 AM MDT
In late-May, Pembina Pipeline Corporation placed the Vancouver Wharves expansion into service.
June 15, 2021, 6 AM MDT
Although it’s very early days, preliminary efforts to evaluate the merits of a potential floating LNG project on Nisga’a Nation territory in the Nass Valley region on British Columbia’s West Coast is ongoing.
June 8, 2021, 12 AM MDT
After a decline in 2018 and 2019, average daily production of marketable natural gas in Alberta stabilized in 2020 at 10.2 bcf/d, the Alberta Energy Regulator (AER) says in its annual ST98 report.
June 2, 2021, 10:48 AM MDT
Ovintiv Inc. closed its previously announced Eagle Ford asset sale.
May 19, 2021, 3:56 PM MDT
Crescent Point Energy Corp. says it is moving quickly to integrate the company’s newly acquired Duvernay assets into its operations.
May 12, 2021, 11:10 AM MDT
Keyera Corp. is well positioned to adapt to and find opportunities in the energy transition, says Dean Setoguchi, president and chief executive officer. The company will remain focused on generating returns for the shareholders, he adds, leveraging existing core competencies and an asset base throughout this transition.
May 11, 2021, 4:27 PM MDT
Journey Energy Inc. has decided to take a conservative approach to capital spending for 2021, with a focus on repaying a significant portion of the October 2020 AIMCo borrowings during the year.
May 11, 2021, 8:18 AM MDT
Given the improvement in commodity prices and the expectation of a post-pandemic economic recovery, Pembina Pipeline Corporation said it anticipates a return to its traditional growth trajectory by 2022.
May 7, 2021, 1:39 PM MDT
Murphy Oil Corporation started off 2021 by completing strategic financial transactions that de-levered the balance sheet and extended the maturity profile, says management.
May 6, 2021, 9:32 AM MDT