Pine Cliff Energy Ltd. is acquiring all of the issued and outstanding common shares of a privately held oil and gas company for a cash purchase price of $22.2 million, prior to working capital adjustments.
December 20, 2021, 7:05 PM MST
Vermilion Energy Inc.’s board of directors has approved an E&D capital budget of $425 million for 2022, which is in line with the preliminary outlook it provided with its Q3 2021 results.
November 29, 2021, 6:47 AM MST
Vermilion Energy Inc. anticipates a 2022 capital program in the range of $400 - $450 million with production at a similar level to original 2021 guidance of 83,000 to 85,000 boe/d.
November 10, 2021, 4:25 AM MST
During Q3 2021, third-party operators were active across Western Canada and on PrairieSky Royalty Ltd.’s royalty lands with 193 wells spud (98 per cent oil).
October 25, 2021, 3 PM MDT
Perpetual Energy Inc. is participating in an active capital program at its 50 per cent working interest East Edson property.
October 5, 2021, 7:29 AM MDT
Perpetual Energy Inc. and Rubellite Energy Inc. are both expected to have active capital programs over the balance of the year.
August 17, 2021, 6:59 AM MDT
Vermilion Energy Inc.’s Q1 2021 drilling campaign was focused on condensate-rich Mannville natural gas wells in west-central Alberta, where the company drilled 10 (9.7 net) wells and completed 15 (14.7 net) wells during the first quarter.
April 29, 2021, 7:38 AM MDT
First quarter 2021 exploration and development activity was up from Q4 2020 but remained below Q1 2020 levels prior to the onset of the COVID-19 pandemic, PrairieSky Royalty Ltd. reported in Q1 results released on Monday afternoon.
April 19, 2021, 2:34 PM MDT
Perpetual Energy Inc. continued its active abandonment and reclamation program in the fourth quarter of 2020, receiving 13 reclamation certificates for the year ended Dec. 31, 2020, with an additional six reclamation certificates in 2021 related to project work completed in 2020.
March 1, 2021, 12 AM MST
PrairieSky Royalty Ltd. is acquiring a large royalty portfolio, which will consolidate a significant fee mineral title position in Western Canada.
February 8, 2021, 2:43 PM MST
During September 2020 Pipestone Energy Corp. re-started its drilling program with two wells drilled and rig released from the 3-12 pad.
November 11, 2020, 8:20 AM MST
The Saskatchewan government’s October land sale generated $760,849 in revenue for the province, an average of $120.21/ha.
November 2, 2020, 6:41 AM MST
Longshore Resources Ltd. has entered into an agreement with Rifle Shot Oil Corp., Steelhead Petroleum Ltd. and Primavera Resources Corp. to acquire all of their outstanding shares as part of a consolidating transaction.
June 8, 2020, 12 AM MDT
Drilling activity in Q1 2020 totalled 175 gross (6.2 net) wells drilled on Freehold Royalties Ltd.’s royalty lands.
May 5, 2020, 3:02 PM MDT
During the quarter, 170 wells (99 per cent oil) were spud on PrairieSky Royalty Ltd. lands which was ahead of Q4 2019 spuds of 150 wells (99 per cent oil) but below Q1 2019 when 209 wells (93 per cent oil) were spud.
April 21, 2020, 12 AM MDT
Perpetual Energy Inc. approved a capital spending program of $6 million for the first quarter of 2020 to drill four (4.0 net) multi-lateral horizontal wells at Ukalta.
March 20, 2020, 12 AM MDT
Freehold Royalties Ltd. expects activity levels will remain strong on its royalty lands in 2020 with activity levels forecast to be similar to 2019.
March 6, 2020, 10:53 AM MST
PrairieSky Royalty Ltd. saw less drilling on its lands in the fourth quarter.
February 11, 2020, 8:14 AM MST
The Alberta government brought in $1.76-million at its Wednesday land sale.
January 23, 2020, 9:13 AM MST
Do not expect a dramatic uptick in land sale revenues in Western Canada in 2020, say experts.
January 10, 2020, 8:05 AM MST
Wells drilled on Freehold Royalty Ltd.’s royalty lands totalled 181 (6.1 net) in the quarter compared to 175 (6.3 net) in Q3 2018.
November 14, 2019, 8:28 AM MST
PrairieSky Royalty Ltd. saw a drop in activity on its lands in the third quarter with 190 wells spud, a 21 per cent reduction from 242 wells during the same period last year.
October 29, 2019, 8:27 AM MDT
Inter Pipeline Ltd. says it has received commercial support for the construction of a $100 million pipeline connection between its Bow River and Central Alberta pipeline systems.
August 7, 2019, 12 AM MDT
More than half the wells drilled on Freehold Royalties Ltd.’s lands were in Saskatchewan and Manitoba in the first six months of the year.
August 7, 2019, 12 AM MDT
Perpetual Energy Inc. has reduced its 2019 capital expenditure and adjusted funds flow guidance from $21–$25 million and $22–$27 million, respectively, to $18–$21 million for each due to the 15 per cent decline in NYMEX natural gas price expectations for the remainder of 2019.
August 1, 2019, 10:36 AM MDT