• DOB Land Sale Analysis: Evi, Nipisi, Lloydminster And Phoenix Parcels Highlight Alberta’s Sept. 7 Sale

    The province sold 13,712 hectares of P&NG licences and leases in the Sept. 7 land sale bringing in $2.85 million. Additionally, 10,491 hectares of oilsands leases sold for $2.88 million. This brings the total cumulative bonus paid to-date in Alberta to $292.5 million.

    September 12, 2022, 8:40 AM MDT

  • Peyto Overcomes Wet Weather Challenges To Boost Q2 Output; Earnings Increase 641%

    Despite an extremely wet June that hampered operations, Peyto Exploration & Development Corp.’s Q2 output increased 17 per cent year-over-year as an increased capital expenditure program over the past year helped pad volumes.

    August 11, 2022, 11:19 AM MDT

  • Perpetual Bumps Up Capex

    Perpetual Energy Inc. forecasts exploration and development capital expenditures of $29 – $32 million for full year 2022, up slightly from previous guidance of $28 to $30 million released on May 4, 2022, to be fully funded from adjusted funds flow.

    August 3, 2022, 3:28 PM MDT

  • Active Capital Program Sees Peyto’s Production Climb; Q1 Funds Flow Sets Record

    An active capital program and robust liquids and natural gas prices backstopped Peyto Exploration & Development Corp.’s strong Q1 results as the company boosted output and financial metrics in the period.

    May 12, 2022, 11:19 AM MDT

  • Perpetual Increases Production For Q1 2022; Company Turns Net Loss Into Earnings

    Perpetual Energy Inc. saw production levels increase for Q1 2022 thanks to nine (4.5-net) East Edson liquids-rich Wilrich gas wells brought on production during last year, which were partially offset by the Q3 2021 sale of Clearwater assets to Rubellite Energy Inc.

    May 5, 2022, 2:19 PM MDT

  • Peyto Purchases Private Junior In Brazeau River Area

    Subsequent to year end 2021, Peyto Exploration & Development Corp. successfully negotiated and closed the purchase of a private junior producer in the Brazeau River area for $22 million.

    March 9, 2022, 4:13 PM MST

  • Pine Cliff Outlines 2022 Spending Plan

    Pine Cliff Energy Ltd.’s board of directors has approved a 2022 capital budget of $25.5 million to be fully funded from adjusted funds flow.

    February 9, 2022, 12 AM MST

  • Alberta Land Sale Brings In $9.58 Million

    Alberta’s land sale on Wednesday brought $9.58 million into government coffers.

    January 27, 2022, 6:58 AM MST

  • Peyto ‘Drilled Our Way Across Canada’ As It Notes Milestone; Active Drilling Program Boosts Q3 Output

    Peyto Exploration & Development Corp. increased drilling activity in the third quarter with four drilling rigs active across the company’s Deep Basin core areas.

    November 12, 2020, 11:12 AM MST

  • Peyto Pooling Hearing Cancelled

    The Alberta Energy Regulator (AER) has cancelled a public hearing on an application from Peyto Exploration and Development Corp. for a pooling order in the Sundance area in northwest Alberta

    June 3, 2020, 9:02 AM MDT

  • Public Hearing Planned On Peyto Pooling Application

    The Alberta Energy Regulator (AER) will hold a public hearing on an application from Peyto Exploration & Development Corp. under the Oil and Gas Conservation Act for a compulsory pooling order for the production of gas and associated petroleum products in a drilling spacing unit in 35-55-22W5.

    April 28, 2020, 7:11 AM MDT

  • Bonavista To Spend $100-$120 Million On Capital In 2020

    Bonavista Energy Corporation has set a target to spend between $100 million and $120 million  – with the majority allocated to its West Central core area – on its exploration and development (E&D) program in 2020.

    February 14, 2020, 6 PM MST

  • Peyto Applies For Pooling Order

    Peyto Exploration & Development Corp. has filed an application with the Alberta Energy Regulator (AER) under section 80 of the Oil and Gas Conservation Act (OGCA) for a pooling order.

    December 30, 2019, 9:12 AM MST

  • Regulatory Challenges, Pipeline Egress, Weigh On Natural Gas Prices: Bonavista CEO

    While Bonavista Energy Corporation is a strong believer in the long-term future of natural gas, the next couple of years could be rough, the company’s chief executive warned Thursday.

    May 3, 2019, 12 AM MDT

  • Improved NGL Prices Support Bonavista Revenues

    A continued focus on liquids-rich development and consistent ethane recovery increased Bonavista Energy Corporation’s production weighting of oil and natural gas liquids to 30 per cent of total output in the third quarter of 2018, up from 26 per cent in the second quarter of this year.

    November 5, 2018, 10:50 AM MST

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