Kiwetinohk Energy Corp.’s Upstream division capital spending guidance range for the year has been reduced by $10 million, or 3.5 per cent, to a range of $265 - $280 million.
November 17, 2022, 12 AM MST
Natural gas led an overall year-over-year upswing in sales volumes for Kiwetinohk Energy Corp. during the third quarter of 2022, as the company continued to leverage favourable Chicago market prices.
November 14, 2022, 6 AM MST
Ensign Energy Services Inc. recorded year-over-year increases in both drilling operating days and well servicing operating hours in Canada during the three-month span ending Sept. 30, 2022.
November 8, 2022, 12 AM MST
Pembina Pipeline Corporation plans on using any excess cash flow generated in the next year to reload its balance sheet in anticipation of funding a long list of potential growth opportunities worth up to $4 billion, company executives told analysts at its third quarter conference call.
November 7, 2022, 12 AM MST
It was the passing of the torch during Baytex Energy Corp.’s Q3 results conference call Friday, as now retired president and CEO Ed LaFehr delivered the quarterly rundown to analysts for the last time and his successor, Eric Greager, assumed the top role.
November 7, 2022, 12 AM MST
Baytex Energy Corp. says it’s “building operational momentum” in the Clearwater as the company approaches 2023, with current production in the play of 10,000 bbls/d driving an expected corporate exit rate production of 87,000 to 88,000 boe/d.
November 4, 2022, 10:40 AM MDT
With its achievement of the net debt target, strong free cash flow profile and deep inventory of high return opportunities, Paramount Resources Ltd. is budgeting 2023 capital expenditures in a range of between $720 million and $760 million, $65 million higher at the midpoint than previous preliminary guidance.
November 3, 2022, 5:56 AM MDT
Paramount Resources Ltd. achieved record quarterly sales volumes of 97,601 boe/d (46 per cent liquids) in the third quarter, including record monthly sales volumes of 104,506 boe/d (46 per cent liquids) in September.
November 3, 2022, 6:10 AM MDT
Athabasca Oil Corporation’s output in Q3 was 37,240 boe/d (93 per cent liquids) consisting of 31,023 bbl/d in Thermal Oil and 6,217 boe/d (57 per cent Liquids) in Light Oil.
November 3, 2022, 12 AM MDT
With the recent acquisitions of Kicking Horse Oil & Gas and XTO Energy Canada, Whitecap Resources Inc. has a wealth of unconventional resource development opportunities in both the Montney and Duvernay plays to augment its legacy light oil operations in Alberta and Saskatchewan.
October 27, 2022, 1:48 PM MDT
Crescent Point Energy Corp. reported a slight increase in Q3 output as it continues to generate strong operational results in its Kaybob Duvernay play, resulting in attractive asset level returns.
October 26, 2022, 11:28 AM MDT
Crescent Point Energy Corp.’s 2022 development capital expenditures guidance has been increased to $950 million, from $875–$900 million previously.
October 26, 2022, 2:09 PM MDT
Alberta sold 37,821.15 hectares of P&NG leases and licences in the Oct. 5 land sale, bringing in $59.5 million. Additionally, 8,128 hectares of oilsands leases sold for $11.6 million.
October 11, 2022, 9:38 AM MDT
Two large bonus parcels of over $20-million each drove Alberta’s Oct. 5 land sale, which generated $71.12 million for government coffers.
October 5, 2022, 4:13 PM MDT
The province sold 26,585.65 hectares of P&NG leases and licenses in the Sept. 21 land sale, bringing in $15.79 million. Additionally, 1,024 hectares of oilsands leases sold for $136,000.
September 27, 2022, 12 AM MDT
Alberta’s Duvernay resource play is already taking its place alongside the Montney as a key driver of Alberta’s energy economy — and it continues to attract operators capable of improving drilling and completions strategies while simultaneously strengthening their balance sheets.
September 22, 2022, 6 AM MDT
Whitecap Resources Inc. has successfully closed the previously announced acquisition of XTO Energy Canada.
September 1, 2022, 12 AM MDT
Paramount Resources Ltd. says it has closed the previously announced $68.5-million Willesden Green Duvernay acquisition.
September 1, 2022, 9:41 AM MDT
Kiwetinohk Energy Corp. has entered into an agreement to acquire an additional 28.5 per cent average working interest in Kiwetinohk-operated Montney assets in the Placid area for total cash consideration of $61.4 million (purchase price net of adjustments is approximately $59 million).
August 25, 2022, 12 AM MDT
Total production for Kiwetinohk Energy Corp. in the second quarter of 2022 exceeded what the company saw from the same time a year earlier by 56 per cent.
August 12, 2022, 12 AM MDT
Improved productivity has kept supply costs stable, but inflation now hitting hard as service companies struggle to find solid ground
August 4, 2022, 6 AM MDT
At Tupper Montney in the second quarter, Murphy Oil Corporation’s natural gas production averaged 275 mmcf/d.
August 4, 2022, 5:13 AM MDT
Return to drilling needed to build reserves for potential production growth
August 3, 2022, 9:34 AM MDT
Following the company's second quarter Willesden Green Duvernay acquisition, Paramount Resources Ltd. entered into a definitive agreement in July to acquire additional Duvernay lands and production directly offsetting its existing 150,000 net acre position in the Willesden Green area of Alberta for $68.5 million in cash prior to adjustments.
August 3, 2022, 4:26 AM MDT
Size, structure, strategy and investor support were key to surviving lows of the price cycle
July 29, 2022, 8:51 AM MDT