Ovintiv Inc. announced today it has acquired incremental transport to Chicago for its Montney gas, as it continues to employ a strategy of price diversification, to ensure it doesn’t get exposed purely to basin pricing.
August 4, 2022, 10:16 AM MDT
ConocoPhillips’s Canadian unit reported higher earnings for the April-June quarter of 2022.
August 4, 2022, 9:03 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
July 21, 2022, 12 AM MDT
July 19, 2022, 12 AM MDT
Freehold Royalties Ltd. has entered into definitive agreements with two private sellers to acquire high-quality U.S. mineral title and royalty assets located in the Midland Basin predominantly in Howard County, Texas for $123 million and in the Eagle Ford in Texas for $32 million, both figures net of estimates for exchange rates and customary closing adjustments.
July 7, 2022, 6:16 AM MDT
Cathedral Energy Services Ltd. is continuing its run of acquisitions, announcing this morning that it has entered into an agreement to acquire the directional drilling services business of Altitude Energy Partners, LLC, a portfolio company of Black Bay Energy Capital, LLC, for a purchase price of approximately US$100 million payable in a combination of cash and common shares of Cathedral.
July 4, 2022, 4:53 AM MDT
STEP Energy Services Ltd. says that inflation remains a pressing concern for the company, pointing to the continued need for “pricing adjustments.”
June 21, 2022, 12 AM MDT
June 14, 2022, 10:34 AM MDT
June 14, 2022, 12 AM MDT
May 20, 2022, 11:23 AM MDT
May 19, 2022, 7:39 AM MDT
In response to the higher activity expectations, STEP Energy Services Ltd.’s board of directors has approved an increase of $8.3 million to the 2022 capital program, increasing it to $56.0 million.
May 12, 2022, 7:26 AM MDT
Ovintiv Inc. is “actively looking” at commercial opportunities for its gas that includes LNG, says the company’s chief executive.
May 11, 2022, 9:45 AM MDT
Freehold Royalties Ltd. has entered into a definitive agreement to acquire mineral title and overriding royalty interests across approximately 1,100 net royalty acres (220,000 gross acres) in core Midland basin of the Permian for US$15.5 million, before customary adjustments.
May 10, 2022, 2:38 PM MDT
For Canadian producers, the “signals” they would probably need to see to support future growth include, in part, clarity as to where commodity prices will be longer-term, even if that does not necessarily equate to $100-per-bbl oil, says Al Monaco, president and chief executive officer for Enbridge Inc.
May 9, 2022, 10:29 AM MDT
In terms of Precision Drilling Corporation’s U.S. basin mix for 2022 rig additions, those would probably be more focused towards oil targets and the Permian, says Kevin Neveu, president and chief executive officer.
May 3, 2022, 12 AM MDT
TC Energy Corporation sees plenty of opportunity to support LNG exporters as the global market increasingly focuses on a balance between energy security with energy transition, suggests president and chief executive officer François Poirier.
May 2, 2022, 11:05 AM MDT
April 29, 2022, 7:37 AM MDT
April 13, 2022, 7:58 AM MDT
Royalty companies are currently seeing a surge in interest from producers in fee title land leasing.
April 13, 2022, 6:17 AM MDT
April 8, 2022, 12 AM MDT
Energy affordability and security have returned as a major U.S. political issue as prices at the gas pump have jumped due to the ongoing oil supply shortfall and added pressure from sanctions on Russian production.
April 7, 2022, 7:57 AM MDT
March 24, 2022, 1:39 PM MDT
Cathedral Energy Services Ltd.’s estimated 2022 gross capital plan is approximately $14.9 million, excluding any potential acquisitions.
March 14, 2022, 3:41 PM MDT