ConocoPhillips’s Canadian unit reversed a net loss from last year in the second quarter, and reported higher production during the three-month period.
August 3, 2021, 8:40 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
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
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
Penn Virginia Corporation and Lonestar Resources US Inc. today announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction.
July 12, 2021, 8:48 AM MDT
Ovintiv Inc. closed its previously announced Eagle Ford asset sale.
May 19, 2021, 3:56 PM MDT
May 18, 2021, 8:07 AM MDT
In total, 111 (3.9 net) wells were drilled on Freehold Royalties Ltd.'s royalty lands in Q1-2021, a 37 per cent decline on a gross measure versus the same period in 2020 but flat when compared to Q4-2020.
May 12, 2021, 7 AM MDT
Baytex Energy Corp. currently forecasts between $285 million and $315 million in exploration and development spending for full-year 2021, which is up 15 per cent from the previous guidance and reflects the company’s stronger operational momentum and the strength in commodity prices, says management.
April 30, 2021, 10:46 AM MDT
April 30, 2021, 8:03 AM MDT
Ovintiv Inc.’s Montney production averaged 230,500 boe/d (24 per cent liquids) in the first quarter of 2021, up from 204,700 boe/d in Q1 2020.
April 29, 2021, 11:05 AM MDT
March 25, 2021, 12 AM MDT
STEP Energy Services Ltd. outlined a 2021 capital program of $33.7 million based on expected work activity.
March 18, 2021, 8:07 AM MDT
On Jan. 5, 2021, Freehold Royalties Ltd. closed the acquisition of U.S. royalty properties for US$58 million net.
March 5, 2021, 8:41 AM MST
February 19, 2021, 8:58 AM MST
February 10, 2021, 8:26 AM MST
STEP Energy Services Ltd. and Universal Chemical Solutions, Inc. (UCS) have entered into an agreement that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford, Permian Basin, Niobrara-DJ Basin and Bakken formation.
February 5, 2021, 12 AM MST
Tailings ponds from some nickel mines globally, including in British Columbia, may offer valuable carbon capture and sequestration (CCS) opportunities thanks to the mineral brucite, Thursday’s B.C. Natural Resources Forum heard.
January 29, 2021, 10:08 AM MST
Murphy Oil Corporation has earmarked US$95 million in capital spending this year for its Canadian onshore business.
January 28, 2021, 9:51 AM MST
January 20, 2021, 7:39 AM MST
Baytex Energy Corp. outlined a 2021 capital budget of $225–$275 million, which is designed to generate free cash flow and average annual production of 73,000 to 77,000 boe/d.
December 2, 2020, 3:24 PM MST
November 16, 2020, 8:45 AM MST
Baytex Energy Corp. has resumed drilling activity in the fourth quarter after two quarters of little to no capital spending in Canada.
November 3, 2020, 11:23 AM MST
At the Surmont operation in Canada, ConocoPhillips curtailed approximately 15,000 boe/d in Q3 and restored production ahead of schedule.
October 29, 2020, 7:10 AM MDT
Ovintiv Inc. posted a net loss in the third quarter of $1.52 billion (all figures US), or $5.85 per share of common stock on higher than expected crude and condensate production during the quarter and continued reductions in capital and costs.
October 29, 2020, 8:16 PM MDT