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
When Baytex Energy Corp. entered the Pembina Duvernay in 2018 following its strategic combination with Raging River Exploration Inc., the play was well down the list of priorities for the newly-merged entity as it focused on more mature assets like the Viking and Eagle Ford.
March 2, 2022, 5:34 AM MST
Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.
March 2, 2022, 2:28 PM MST
March 2, 2022, 12 AM MST
March 2, 2022, 1:57 PM MST
Ovintiv Inc. recorded drilling and completion cost decreases at its Montney land position in 2021.
February 25, 2022, 2:29 PM MST
February 25, 2022, 6:46 AM MST
February 23, 2022, 12 AM MST
Chevron Corporation announced a pilot project with Project Canary to independently certify operational and environmental performance in the company’s North American upstream region.
February 23, 2022, 7:34 AM MST
February 18, 2022, 3:56 AM MST
February 18, 2022, 3:48 AM MST
February 15, 2022, 12 AM MST
February 15, 2022, 12 AM MST
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