Crescent Point Energy Corp. continues to focus on balance sheet improvement through disciplined capital allocation, cost reductions and increased cash flow generation, executives with the company said this morning.
May 9, 2019, 11:23 AM MDT
For the first three months of 2019, 147 (7.3 net) wells were drilled on Freehold Royalties Ltd. royalty lands, down 38 per cent on a gross measure but up 14 per cent on a net measure versus the same period in 2018.
May 8, 2019, 12 AM MDT
Surge Energy Inc. has been active with its ongoing crude oil and WCS differential hedging strategy designed to protect the capital program and Surge's annual dividend.
May 7, 2019, 8:04 AM MDT
Whitecap Resources Inc. announced a 5.6 per cent increase to its monthly dividend.
May 1, 2019, 6:33 AM MDT
Saskatchewan hasn’t been immune to the challenges facing the oil and gas sector.
April 12, 2019, 11:14 AM MDT
Driven mainly by high netback, light oil, Surge Energy Inc.’s production grew by more than 34 per cent in the fourth quarter of 2018 and by 21 per cent for the 12 months in what the company described as a “transformative year.”
March 13, 2019, 10:29 AM MDT
Whitecap Resources Inc.’s top executive believes there could be some tailwinds coming as 2019 unfolds and that industry conditions are showing signs of improvement for Canadian crude producers.
February 28, 2019, 10:28 AM MST
Drilling and completions will account for 90 per cent of Crescent Point Energy Corp.’s 2019 capital budget of $1.2 billion to $1.3 billion, down about $500 million or 30 per cent from $1.775 billion in 2018, says the company.
January 15, 2019, 9:19 AM MST
Whitecap Resources Inc. has a 2019 capital budget of $425-$475 million for 2019 that includes the drilling of 220 (191.5 net) horizontal wells.
December 18, 2018, 11:10 AM MST
Vital Energy Inc. says a pair of vertical wells were drilled at Gull Lake are on production.
November 7, 2018, 8:13 AM MST
Whitecap Resources Inc. posted record production for the second consecutive quarter in 2018 despite the historic price differential for light and heavy crude oil in Canada.
November 2, 2018, 12 AM MDT
High-margin royalty production continued to deliver strong growth opportunities for PrairieSky Royalty Ltd.
October 30, 2018, 9:20 AM MDT
October 25, 2018, 11:52 AM MDT
Surge Energy Inc. completed the previously announced acquisition of Mount Bastion Oil & Gas Corp.
October 25, 2018, 7:33 AM MDT
Crescent Point Energy Corp.’s new transition plan is targeting a net debt reduction of over $1 billion by year-end 2019 through a disciplined return-focused budget and asset dispositions, company officials said this morning.
September 5, 2018, 11:08 AM MDT
Surge Energy Inc. says second quarter production exceeded expectations due to excellent development drilling results in all three of its core areas (Sparky, Valhalla and Shaunavon) together with successful waterflood results at Shaunavon and Eyehill.
August 13, 2018, 6:55 AM MDT
An article recently posted on the National Energy Board (NEB) website that suggests newer wells drilled into Saskatchewan’s Shaunavon formation are producing less over their lifetime despite improved technology and drilling and completion techniques doesn’t paint an accurate picture, say the top operator in the play and provincial oil and gas officials.
August 7, 2018, 7:48 AM MDT
After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.
August 1, 2018, 10:23 AM MDT