Vermilion Energy Inc. has successfully integrated the Leucrotta assets and assembled a Mica asset team which is now focused on completing the six-well Montney pad that was drilled in Q2 2022.
August 12, 2022, 4:17 AM MDT
Strong realized refining margins from Tidewater Midstream and Infrastructure Ltd.’s Prince George refinery contributed to consolidated net income of $18.8 million and adjusted EBITDA of $69.9 million in the second quarter of 2022. Adjusted EBITDA grew by approximately 34 per cent compared to the same period in the prior year, reported the company.
August 11, 2022, 8:25 AM MDT
Birchcliff Energy Ltd.’s F&D capital expenditures were $84.2 million in Q2 2022.
August 10, 2022, 2:57 PM MDT
Spartan Delta Corp.'s board of directors has approved a $90 million increase to its 2022 capital program.
August 10, 2022, 12 AM MDT
Spartan Delta Corp.’s capital expenditures before A&D were $91 million for the three months ended June 30, 2022, of which approximately 90 per cent was spent in the Montney as activity slowed in the Deep Basin through spring breakup.
August 10, 2022, 12 AM MDT
During the second quarter, Pipestone Energy Corp. rig released six wells on the 2-32 pad, and four of a total six planned wells on the 14-19 pad.
August 10, 2022, 8:05 AM MDT
Ensign Energy Services Inc. recorded gains in both operating days and marketed rigs through its Canadian operations in the second quarter of 2022.
August 9, 2022, 7:26 AM MDT
Crew Energy Inc. now plans to invest between $130 and $140 million of net capital expenditures for 2022, resulting in average annual production guidance of 32,000 to 33,000 boe/d.
August 9, 2022, 12 AM MDT
Second quarter capital expenditures for Crew Energy Inc. Greater Septimus focused on the equip and tie-in of the 4-14 pad during Q2/22, along with expansion of the infrastructure interconnectivity between Crew’s Septimus and West Septimus gas plants.
August 9, 2022, 12 AM MDT
ARC Resources Ltd. has taken a world class asset with Kakwa and implemented its “operational excellence” to make it even more profitable, said president and chief executive officer Terry Anderson.
August 8, 2022, 8:43 AM MDT
Pembina Pipeline Corporation says it expects to have secured the transportation, fractionation and marketing rights to a significant portion of forecasted future growth in the northeast B.C. (NEBC) Montney due to long-term commitments under three service agreements.
August 5, 2022, 10:59 AM MDT
Backstopped by strong operational performance, an active drilling program and record natural gas output, Canadian Natural Resources Limited boosted Q2 output six per cent from the second quarter of 2021.
August 4, 2022, 10:45 AM MDT
Ovintiv Inc. announced today it has acquired incremental transport to Chicago for its Montney gas, as it continues to employ a strategy of price diversification, to ensure it doesn’t get exposed purely to basin pricing.
August 4, 2022, 10:16 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
Pembina Pipeline Corporation has now executed the previously referenced long-term agreements with a third leading northeast B.C. Montney producer, Tourmaline Oil Corp., which include the commitment of significant volumes from another multi-phase NEBC Montney development.
August 4, 2022, 3:22 PM 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
ConocoPhillips’s Canadian unit reported higher earnings for the April-June quarter of 2022.
August 4, 2022, 9:03 AM MDT
Kelt Exploration Ltd.'s average production for the three months ended June 30, 2022 was 27,713 boe/d, up 41 per cent from average production of 19,592 boe during the corresponding period in 2021 and up one per cent from average production of 27,413 boe during the first quarter of 2022.
August 4, 2022, 5:24 AM MDT
August 3, 2022, 11:12 AM MDT
In the second quarter of 2022, financial success at ARC Resources Ltd. reached a new level.
August 3, 2022, 12 AM MDT
Return to drilling needed to build reserves for potential production growth
August 3, 2022, 9:34 AM MDT
NuVista Energy Ltd.’s production reached the top end of its guidance range at 65,032 boe/d in Q2 2022 (Q2 2021 - 51,485) during a period where planned facility maintenance occurred in all of its development areas.
August 3, 2022, 8:22 AM MDT
Advantage Energy Ltd. reported record production, record adjusted funds flow and a surge in profitability, while debt fell rapidly below its $200 million target.
August 2, 2022, 12 AM MDT
Enbridge Inc. has signed an agreement to invest in the 2.1 mtpa (300 mmcf/d) Woodfibre LNG facility located in Squamish, B.C., developed by Pacific Energy Corporation Limited.
July 29, 2022, 5:15 AM MDT
Enbridge Inc.’s top executive issued a positive outlook for the future of natural gas/LNG, and his company will be a big part of that by helping to connect supply and demand centres.
July 29, 2022, 8:36 AM MDT
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