Vertex Resource Group Ltd. has acquired Three Star Trucking Ltd., an environmental service company.
July 13, 2018, 8:09 AM MDT
Coming off its lowest bonus and average price of the year on June 27, the Alberta government kicked off its second-half auction schedule with an $18.6-million land sale on Wednesday.
July 12, 2018, 10:20 AM MDT
Cenovus Energy Inc. has put its Two Creek Duvernay lands on the market.
July 4, 2018, 11:38 AM MDT
Industry paid $13.61 million into provincial coffers on Wednesday for this week’s Alberta land sale, highlighted by producers likely pushing the East Shale Basin oil play to the northwest.
June 14, 2018, 10:53 AM MDT
June 12, 2018, 10:51 AM MDT
Industry paid $42 million into provincial coffers on Wednesday, with four high-priced parcels likely purchased for their Duvernay potential, perhaps pushing the East Shale Basin oil play to the northwest.
May 31, 2018, 9:56 AM MDT
May 31, 2018, 10:53 AM MDT
Alberta’s Duvernay shale has moved from exploration into the early stages of commercial development.
May 29, 2018, 9:07 AM MDT
Journey Energy Inc. is still mulling over how best to approach its emerging Duvernay play at Gilby in central Alberta, shareholders heard on Wednesday.
May 25, 2018, 6 AM MDT
Duvernay operators have incorporated technological advances in drilling and completions developed earlier in the Eagle Ford, with operators in the Duvernay bringing down capital costs per boe of estimated ultimate recovery to levels approaching what developers have achieved in the more mature Eagle Ford play.
May 24, 2018, 11:02 AM MDT
Razor Energy Corp. says it has completed its four-well development program at Kaybob but until the results can be better understood the capital allocated to drilling the remaining four wells in the 2018 budget has been reallocated to the well reactivation program.
May 22, 2018, 7:39 AM MDT
The Alberta government bounced back with its second-highest bonus haul of the year on Wednesday after a string of weaker sales following a strong start to the year.
May 17, 2018, 6 AM MDT
InPlay Oil Corp. possibly could increase its capital spending for the year depending on whether strengthening commodity prices persist, heard this week’s annual general meeting.
May 16, 2018, 6 AM MDT
Total production for InPlay Oil Corp. climbed 14 per cent to 4,415 boe/d compared to the first quarter of 2017, within annual average 2018 guidance of 4,400 – 4,500 boe/d.
May 11, 2018, 3:40 AM MDT
Royal Dutch Shell plc has more than tripled its Duvernay production, and would drill more if fiscal terms were better.
May 10, 2018, 11:36 AM MDT
Overall, non-oilsands drilling activity in the Western Canadian Sedimentary Basin has dropped this year, with almost 10 per cent fewer wells spud in Q1 2018 compared to Q1 2017, says Michele Innes.
May 10, 2018, 9:48 AM MDT
In order for AECO prices to improve to more sustainable levels, those companies still overly invested into natural gas production simply must adjust towards developing other hydrocarbons, says Paramount Resources Ltd. top brass.
May 10, 2018, 8:54 AM MDT
Journey Energy Inc. entered into three land acquisition agreements in the East Duvernay shale basin.
May 9, 2018, 8:05 AM MDT
When Alberta appointed a committee to explore ways to diversify the province’s energy industry, one of the options it considered was LNG exports from the West Coast.
May 7, 2018, 8:15 AM MDT
If commodity prices — especially for liquids — remain strong, Pembina Pipeline Corporation may “front run” a Peace Pipeline expansion phase, says its chief executive.
May 7, 2018, 7:51 AM MDT
Crescent Point Energy Corp. reported a net loss in the first quarter of 2018, as management announced a $25 million reduction to the 2018 capital expenditures budget.
May 3, 2018, 11:21 AM MDT
Murphy Oil Corporation increased first quarter Kaybob Duvernay production 92 per cent year-over-year while its Tupper Montney play in northeast British Columbia continues to exceed expectations.
May 3, 2018, 10:53 AM MDT
Alberta brought in $9.21 million at its Wednesday land sale.
May 3, 2018, 6 AM MDT
With a strong first quarter of 2018 behind it, Calfrac Well Services Ltd. is expecting the remainder of 2018 to remain positive for its pressure pumping business, driven largely by U.S. growth, its chief executive officer Fernando Aguilar said in a conference call Tuesday.
May 2, 2018, 9:14 AM MDT
Encana Corporation is on track to increase total production by more than 30 per cent in 2018 compared to 2017, adjusted for 2017 dispositions, as the company keeps optimizing its cube development model to increase efficiency.
May 1, 2018, 9:40 AM MDT