Freehold Royalties Ltd. has entered into a definitive agreement to acquire mineral title and overriding royalty interests across approximately 1,100 net royalty acres (220,000 gross acres) in core Midland basin of the Permian for US$15.5 million, before customary adjustments.
May 10, 2022, 2:38 PM MDT
Murphy Oil Corporation has decided to alter development plans for its Tupper Montney asset, which allowed it to maintain its 2022 well delivery plans by drilling longer laterals that will ultimately lead to higher well recoveries, it said this morning.
May 4, 2022, 11:10 AM MDT
In terms of Precision Drilling Corporation’s U.S. basin mix for 2022 rig additions, those would probably be more focused towards oil targets and the Permian, says Kevin Neveu, president and chief executive officer.
May 3, 2022, 12 AM MDT
Baytex Energy Corp. is boosting its capital spending forecast for 2022, which will include increased drilling activity in the Clearwater.
April 29, 2022, 12 AM MDT
April 13, 2022, 7:58 AM MDT
Royalty companies are currently seeing a surge in interest from producers in fee title land leasing.
April 13, 2022, 6:17 AM MDT
April 8, 2022, 12 AM MDT
When Baytex Energy Corp. entered the Pembina Duvernay in 2018 following its strategic combination with Raging River Exploration Inc., the play was well down the list of priorities for the newly-merged entity as it focused on more mature assets like the Viking and Eagle Ford.
March 2, 2022, 5:34 AM MST
Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.
March 2, 2022, 2:28 PM MST
Baytex Energy Corp. delivered strong Q4 and full-year 2021 operating and financial results and continued to advance its new Clearwater play in northwest Alberta with four of the highest initial rate wells drilled to date in the play.
February 25, 2022, 9:51 AM MST
February 15, 2022, 12 AM MST
February 8, 2022, 9:12 AM MST
Murphy Oil Corporation plans to spend 16 per cent, or US$140 million, of its $840 million to $890 million 2022 capital plan in Canada onshore across the Tupper Montney and Kaybob Duvernay operations.
January 27, 2022, 9:50 AM MST
Baytex Energy Corp. has outlined a 2022 capital budget of $400 to $450 million, which is designed to generate average annual production of 80,000 to 83,000 boe/d.
December 1, 2021, 3:39 PM MST
November 16, 2021, 9:42 AM MST
Freehold Royalties Ltd.’s board has declared a dividend of six cents per share to be paid on Dec. 15, 2021 to shareholders of record on Nov. 30, 2021.
November 11, 2021, 6:32 AM MST
Connecting low-cost and long-life reserves in the Permian and Eagle Ford basins to global markets via infrastructure in the U.S. Gulf Coast is an essential part of how Enbridge Inc. is viewing its broader strategy about the energy transition.
November 9, 2021, 6:51 AM MST
Baytex Energy Corp. is “intensely focused on maintaining capital discipline.”
November 4, 2021, 3:28 PM MDT
Freehold Royalties Ltd. has closed its previously announced transaction to acquire a high-quality U.S. royalty asset located in the Eagle Ford oil basin in Texas for US$180 million before closing adjustments.
September 24, 2021, 10:49 AM MDT
September 16, 2021, 12 AM MDT
Enbridge Inc. has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC for US$3.0 billion in cash, subject to closing adjustments.
September 7, 2021, 5:21 AM MDT
August 17, 2021, 9:42 AM MDT
August 11, 2021, 12 AM MDT
Freehold Royalties Ltd. bolstered its royalty portfolio with a trio of acquisitions.
August 10, 2021, 2:39 PM MDT
At Murphy Oil Corporation’s Tupper Montney, natural gas production averaged 248 mmcf/d in Q2.
August 5, 2021, 7:19 AM MDT