Vermilion Energy Inc.’s second quarter 2023 production numbers were up compared to Q1 and flat with Q2 2022 despite operational challenges created by Alberta’s wildfires and the disposition of Saskatchewan assets that led to a 10 per cent drop in North America, and a pipe leak problem at its Wandoo gas platform off the coast of Australia that led to a prolonged shut-in.
August 4, 2023, 6:37 AM MDT
Production for Tourmaline Oil Corp. in the second quarter of 2023 was impacted by wildfires and declined year-over-year.
August 4, 2023, 12 AM MDT
Hammerhead Energy Inc. continued a two-rig development program with quarterly capital expenditures and net cash used in investing activities of $95.3 million and $132.3 million, respectively.
August 4, 2023, 12 AM MDT
Spartan Delta Corp. successfully executed a $95.8 million capital program in the second quarter of 2023, with specific focus placed on the continued development across multiple horizons in the Deep Basin as well as development of its recently divested Gold Creek and Karr assets located in the Montney oil window.
August 4, 2023, 12 AM MDT
ARC Resources Ltd. says it continues to evaluate opportunities to supply natural gas to international markets through long-term LNG supply agreements.
August 3, 2023, 10:27 AM MDT
A subsidiary of Murphy Oil Corporation signed a purchase and sale agreement to divest a non-core portion of its operated Kaybob Duvernay assets and all of its non-operated Placid Montney assets to a private company.
August 3, 2023, 4:34 AM MDT
At Murphy Oil Corporation’s Tupper Montney, natural gas production averaged 341 mmcf/d in the second quarter, with 10 operated wells brought online.
August 3, 2023, 5:35 AM MDT
In anticipation of an active industry pipeline maintenance season in British Columbia, Kelt Exploration Ltd. has shifted its Station 2 gas sales exposure this summer to the ACE Chicago gas hub.
August 3, 2023, 5:53 AM MDT
Trican Well Service Ltd.’s second quarter unfolded as expected by the C-suite, with revenues at $168.2 million, a 10.2 per cent increase compared with the same period a year ago.
August 3, 2023, 8:51 AM MDT
Production for Kiwetinohk Energy Corp. rallied to 20,432 boe/d last quarter from 16,810 boe/d during the same period in 2022.
August 3, 2023, 12 AM MDT
Tourmaline Oil Corp. says it is “evolving” a new growth project in the South Montney complex in addition to the planned major North Montney development.
August 2, 2023, 3:16 PM MDT
Paramount Resources Ltd.'s operations in the Grande Prairie and Kaybob Regions were significantly interrupted by wildfires in the second quarter that necessitated the temporary shut-in of a number of fields and facilities.
August 2, 2023, 6:51 AM MDT
Adam Waterous, the executive chair of Strathcona Resources Ltd. and CEO of Waterous Energy Fund (WEF), described the company’s “guiding principles” following the announced acquisition of Pipestone Energy Corp.
August 1, 2023, 9:20 AM MDT
Strathcona Resources Ltd. will acquire all of the issued and outstanding common shares of Pipestone Energy Corp. for 100 per cent share consideration.
August 1, 2023, 12 AM MDT
Athabasca Oil Corporation announced a deal to sell non-core light oil assets for total cash proceeds of $160 million.
August 1, 2023, 12 AM MDT
Topaz Energy Corp.’s Q2 2023 royalty production increased 10 per cent from the prior year to 18,411 boe/d (including record total liquids royalty production of 5,484 bbl/d).
August 1, 2023, 12 AM MDT
Ovintiv Inc. president and chief executive officer Brendan McCracken said the company continues to evaluate and is “engaged in” all West Coast LNG projects that are under construction or pre-final investment decision.
August 1, 2023, 7:32 AM MDT
Demand for Precision Drilling Corporation’s rigs in Canada was higher than expected in the second quarter, and margin increases in the U.S. and Canada followed.
July 28, 2023, 1:17 PM MDT
Advantage Energy Ltd.’s 2023 capital guidance remains between $250 million and $280 million.
July 28, 2023, 12 AM MDT
Precision Drilling Corporation’s Canadian fleet is in high demand with 58 rigs running, including all of its Super Triples and pad capable Super Singles.
July 27, 2023, 4:56 AM MDT
Whitecap Resources Inc. benefitted from strong realized crude oil prices and higher production in the second quarter, generating $415 million of funds flow and $197 million of free funds flow after $218 million of capital expenditures.
July 27, 2023, 7:29 AM MDT
Whitecap Resources Inc. expects to ramp up activity in its Montney and Duvernay resource play assets over the next five years as it raises overall production to 200,000 boe/d, company president and chief executive officer Grant Fagerheim told analysts at its 2023 second quarter conference call.
July 27, 2023, 10:41 AM MDT
Ovintiv Inc. has lowered the high end of its capital guidance range.
July 27, 2023, 3:24 PM MDT
Crescent Point Energy Corp. generated $278 million of excess cash flow in second quarter of 2023, driven by strong performance from its liquids rich Kaybob Duvernay assets and its new Montney tight oil assets purchased from Spartan Delta Corp. early in 2023.
July 26, 2023, 7:44 AM MDT
Crescent Point Energy Corp. has turned its technical team loose on the Gold Creek Montney assets acquired from Spartan Delta Corp. earlier this year and is already seeing positive trends in well costs and incremental productivity increases, chief operating officer Ryan Gritzfeldt told analysts at the company’s second quarter 2023 conference call Wednesday morning.
July 26, 2023, 1:34 PM MDT
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