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
Whitecap Resources Inc. posted major gains in funds flow during the second quarter of 2022.
July 29, 2022, 11:09 AM MDT
Despite increased North America demand for its highest spec rigs, Precision Drilling Corporation says some customers have yet to adapt to new pricing realties and have tried to lowball the company during negotiations.
July 28, 2022, 12 AM MDT
Tourmaline Oil Corp. finished the three-month span ending June 30, 2022 with records in both cash flow and free cash flow.
July 28, 2022, 2 PM MDT
Athabasca Oil Corporation is increasing its financial forecasts for 2022 based on strong operational performance and updated pricing assumptions.
July 28, 2022, 12 AM MDT
Precision Drilling Corporation increased its capital spending plan to $149 million in response to higher demand and expected customer contracted upgrades on over 20 drilling rigs for 2022.
July 27, 2022, 4:43 AM MDT
Trican Well Service Ltd. posted gains in both revenue and total proppant pumped in the second quarter of this year.
July 27, 2022, 2:10 PM MDT
Topaz Energy Corp. has entered into definitive agreements with Tourmaline Oil Corp. for the purchase of newly created gross overriding royalty interests on approximately 0.2 million gross acres of developed and undeveloped land in the Peace River and Deep Basin play areas of Alberta, for total cash consideration of $52.0 million.
July 27, 2022, 4:25 PM MDT
There were 122 wells spud (94 per cent oil) on PrairieSky Royalty Ltd. lands during Q2 2022 which included 62 wells spud on Fee Lands, 44 wells spud on GORR acreage and 16 unit wells spud.
July 18, 2022, 3:35 PM MDT
Kelt Exploration Ltd. has lifted its capital expenditure budget for 2022.
July 6, 2022, 3:52 PM MDT
Whitecap Resources Inc. has bulked-up its Montney asset base and gained entry into the Duvernay after announcing Tuesday it will acquire XTO Energy Canada for approximately $1.9 billion in cash and the assumption of estimated positive working capital on closing, resulting in net purchase price of $1.7 billion.
June 29, 2022, 10:54 AM MDT
Whitecap Resources Inc. has entered into a purchase and sale agreement to acquire XTO Energy Canada for total cash consideration of approximately $1.9 billion and the assumption of estimated positive working capital on closing for a net purchase price of $1.7 billion.
June 28, 2022, 3:50 PM MDT
Cathedral Energy Services Ltd. acquired the operating assets of Compass Directional Services Ltd. for $9.5 million.
June 23, 2022, 12 AM MDT
Tourmaline Oil Corp. chief executive officer and president Mike Rose is not a fan of one of the common terms describing the movement to a lower carbon future. He says it sends the wrong message.
June 21, 2022, 1:42 PM MDT
Kiwetinohk Energy Corp.’s May production averaged 16,500 boe/d, reaching 18,500 boe/d during the first two weeks of June.
June 15, 2022, 6:33 AM MDT
Tourmaline Oil Corp.’s marketing and transportation approach is proving to be a difference-maker.
June 3, 2022, 5:18 AM MDT
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