Shareholders of Tourmaline Oil Corp. — one of the country’s largest natural gas producers — get a double win when focusing on emissions reductions: a net cleaner methane molecule and a more profitable company, the company’s chief executive told a virtual British Columbia resources conference on Thursday.
January 29, 2021, 6:58 AM MST
Tailings ponds from some nickel mines globally, including in British Columbia, may offer valuable carbon capture and sequestration (CCS) opportunities thanks to the mineral brucite, Thursday’s B.C. Natural Resources Forum heard.
January 29, 2021, 10:08 AM MST
Murphy Oil Corporation has earmarked US$95 million in capital spending this year for its Canadian onshore business.
January 28, 2021, 9:51 AM MST
Surge Energy Inc. outlined 2021 exploration and development capital spending plans of $55 million, including corporate overhead charges.
January 27, 2021, 4:38 PM MST
Topaz Energy Corp. has acquired a working interest certain Alberta Montney water infrastructure assets.
January 25, 2021, 3:40 PM MST
Birchcliff Energy Ltd. outlined a F&D capital budget of $210 million to $230 million for 2021, which targets an annual average production rate of 78,000 to 80,000 boe/d.
January 20, 2021, 2:43 PM MST
January 15, 2021, 8:31 AM MST
Alberta’s first land sale of 2021 held on Wednesday brought $5.28 million into government coffers.
January 14, 2021, 7:20 AM MST
Spartan Delta Corp. firmed up its capital spending guidance for 2021 to $43 million from a previous range of $40 million-$43 million.
January 6, 2021, 6:09 AM MST
Determining a 2021 price outlook for Canada’s prime natural gas benchmark of AECO might well be summed up by paraphrasing Shakespeare’s Hamlet: “To TSP or not to TSP? That is the question.”
January 5, 2021, 12 AM MST
Whitecap Resources Inc. completed the previously announced strategic combination with NAL Resources Limited.
January 4, 2021, 2:56 PM MST
On its financial health index, Wood Mackenzie Ltd. finds that Canadian large-cap energy firms are financially quite strong, in general, when compared to their large-cap counterparts in the United States.
December 11, 2020, 10:13 AM MST
Crew Energy Inc. plans to invest between $120 to $145 million in 2021.
December 10, 2020, 9:12 AM MST
Athabasca Oil Corporation is planning expenditures of $75 million for 2021 focused on sustaining projects at Leismer along with routine maintenance activities at all properties.
December 3, 2020, 3:59 AM MST
Imperial Oil Limited is selectively investing in its flagship Cold Lake in situ asset to maintain strong cash flow generation and reduce greenhouse gas intensity over the long-term, a senior executive said Thursday.
November 20, 2020, 6 AM MST
After a seven-month hiatus due to COVID-19, the Alberta land sale schedule resumed on Wednesday, with the government attracting small returns with $2.09 million in bonus bids.
November 19, 2020, 7:01 AM MST
Forecast WCSB supply growth of up to eight bcf/d by 2030 to 23 bcf/d will provide an opportunity for TC Energy Corporation to extend its system to capture Montney region volumes, a senior executive said Tuesday.
November 18, 2020, 6:20 AM MST
The results from Birchcliff Energy Ltd.’s 14-well pad demonstrate the extension of the Gordondale light oil pool into the northeastern area of Pouce Coupe, which provides the company with significantly more potential condensate/light oil drilling opportunities.
November 12, 2020, 3:48 PM MST
Although Birchcliff Energy Ltd. has not yet finalized its 2021 capital spending plans, it is currently targeting F&D capital spending of $200 million to $220 million and an annual average production rate of 78,000 to 80,000 boe/d.
November 12, 2020, 3:36 PM MST
Tamarack Valley Energy Ltd. is accelerating $9.4 million of capital from its Q1 2021 program into Q4 2020 to take advantage of stronger winter gas pricing and lower service costs.
November 11, 2020, 5:45 AM MST
Third quarter activity for Tamarack Valley Energy Ltd. included investment of $10.4 million in exploration and development capital expenditures, directed to the equipping of one (1.0 net) Banff oil well plus continued investment in its Veteran Viking waterflood program with the drilling, completion and tie-in of a six-well pad along with one water source well.
November 11, 2020, 6:37 AM 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
Kelt Exploration Ltd. has approved a capital expenditure budget of $90 million for 2021.
November 10, 2020, 7:25 AM MST
Crew Energy Inc. production for the first nine months of this year exceeded the guidance, due to gathering-system improvements in the firm’s ultra-condensate rich (UCR) area and better-than-expected well performance from both the 3-32 pad and from two new Lloydminster heavy-oil wells drilled during the first quarter.
November 10, 2020, 12 AM MST
Seven Generations Energy Ltd. has set a 2021 capital budget of $650 million capital budget, unchanged from this year.
November 9, 2020, 11:40 AM MST