Spartan Delta Corp. has started a formal process to evaluate strategic repositioning alternatives in an effort to enhance shareholder value.
November 30, 2022, 6:05 AM MST
Western Canada’s oil and gas sector is back on solid footing as higher prices have allowed operators to repair balance sheets and invest in new production, a panel of industry leaders told the audience at the at the Canadian Association of Energy Contractors (CAOEC) 2023 State of the Industry forecast event in Calgary.
November 24, 2022, 10:18 AM MST
In Q3 2022, Coelacanth Energy Inc. continued to plan for the development of its major projects at Two Rivers East and West, which includes materially expanding the infrastructure and preparing for pad development.
November 24, 2022, 8:04 AM MST
The province sold 11,491.6 hectares of P&NG leases and licences in the Nov. 16 land sale bringing in $11.68 million. Additionally, 7,616 hectares of oilsands leases sold for $2.29 million. This brings the total cumulative bonus paid to-date in Alberta to $429.2 million.
November 21, 2022, 6 AM MST
Kiwetinohk Energy Corp.’s Upstream division capital spending guidance range for the year has been reduced by $10 million, or 3.5 per cent, to a range of $265 - $280 million.
November 17, 2022, 12 AM MST
Strong third quarter drilling activity surrounding Tidewater Midstream and Infrastructure Ltd.’s three gas processing facilities resulted in improved utilization across its Deep Basin and Montney operations, chief executive officer Joel MacLeod told analysts at the company’s 2022 third quarter conference call.
November 15, 2022, 9:25 AM MST
Vermilion Energy Inc. says the performance of its first Montney pad at Mica will provide information on the reservoir deliverability and assist in planning for future development as the company awaits resolution of the Blueberry River First Nations permitting for its British Columbia lands.
November 14, 2022, 10:15 AM MST
Natural gas led an overall year-over-year upswing in sales volumes for Kiwetinohk Energy Corp. during the third quarter of 2022, as the company continued to leverage favourable Chicago market prices.
November 14, 2022, 6 AM MST
Consistent with prior periods, Kakwa continued to account for 80 per cent of Questerre Energy Corporation’s corporate production.
November 14, 2022, 8:36 AM MST
Peyto Exploration & Development Corp. third quarter output increased 16 per cent year-over-year as an increased capital expenditure program and strong drilling results helped boost volumes.
November 10, 2022, 10:49 AM MST
While its official 2023 budget is still being finalized, Peyto Exploration & Development Corp. currently anticipates an organic capital program of $425–$475 million, which will use between four and five drilling rigs throughout the year.
November 10, 2022, 11:35 AM MST
Trican Well Service Ltd. posted 2,078 total jobs in the three-month span ending Sept. 30, 2022. This marked a 4.5 per cent uptick over the 1,986 seen through the same period in 2021.
November 10, 2022, 1:37 PM MST
Kelt Exploration Ltd. announced an initial capital expenditure budget of $310.0 million for 2023.
November 10, 2022, 8:52 AM MST
Ovintiv Inc.’s full year capital investment is expected to total approximately $1.8 billion, at the high end of the previous capital guidance range.
November 9, 2022, 8:05 AM MST
Ovintiv Inc. is seeing improved operational results across all assets in its portfolio, executive VP and chief operating officer Greg Givens told analysts at its third quarter 2022 conference call.
November 9, 2022, 2:54 PM MST
NuVista Energy Ltd.’s capital expenditure guidance for 2023 is set at a range of $425 - $450 million.
November 9, 2022, 7:09 AM MST
During and subsequent to the end of the third quarter, NuVista Energy Ltd. reached a number of new milestones that reflect the repeatable and profitable nature of its business plan, the company said in its Q3 results.
November 9, 2022, 7:24 AM MST
Pipestone Energy Corp. is increasing its capital expenditure guidance for 2022, from $225 - $235 million to an estimate of $240 million.
November 9, 2022, 7:48 AM MST
Spartan Delta Corp. Q3 2022 production averaged 72,134 boe/d (39 per cent liquids), up 56 per cent compared to 46,282 boe/d (32 per cent liquids) in Q3 2021, with crude oil production increasing seven per cent compared to Q2 2022.
November 9, 2022, 12 AM MST
Birchcliff Energy Ltd.’s F&D capital expenditures were $85.3 million in Q3 2022, which included drilling eight (8.0 net) wells and bringing 19 (19.0 net) wells on production.
November 9, 2022, 2:25 PM MST
Montney gas wells are reaching record levels of productivity as the formation continues to prove its dominance in western Canadian natural gas production.
November 8, 2022, 10:30 AM MST
Ensign Energy Services Inc. recorded year-over-year increases in both drilling operating days and well servicing operating hours in Canada during the three-month span ending Sept. 30, 2022.
November 8, 2022, 12 AM MST
Pembina Pipeline Corporation plans on using any excess cash flow generated in the next year to reload its balance sheet in anticipation of funding a long list of potential growth opportunities worth up to $4 billion, company executives told analysts at its third quarter conference call.
November 7, 2022, 12 AM MST
The province sold 35,527.2 hectares of P&NG leases and licences in the Nov. 2 land sale bringing in $20.22 million. Additionally, 13,385.01 hectares of oilsands leases sold for $2.1 million. This brings the total cumulative bonus paid to-date in Alberta to $415.2 million.
November 7, 2022, 6 AM MST
ARC Resources Ltd. recorded major gains in both net income and cash flow from operating activities in the three-month span ending Sept. 30, 2022 compared to the same days a year earlier.
November 7, 2022, 12 AM MST