Crescent Point Energy Corp. has set its 2020 capital expenditure budget at $1.10-$1.20 billion, down from $1.25 billion in spending last year.
January 14, 2020, 9:40 AM MST
Do not expect a dramatic uptick in land sale revenues in Western Canada in 2020, say experts.
January 10, 2020, 8:05 AM MST
The Sparky core area will be the focus for Surge Energy Inc. which plans to drill 56 wells in 2020 within a capital expenditures budget of $98.5 million, down from $135 million this year.
December 13, 2019, 9:46 AM MST
Surge Energy Inc. says its large original oil in place, light and medium gravity crude oil asset base continues to outperform management's expectations in the third quarter of 2019.
November 5, 2019, 9:32 AM MST
Whitecap Resources Inc. has entered a joint venture with a progressive private company with a large land footprint in the oil-rich Montney window in the Deep Basin.
October 31, 2019, 10:43 AM MDT
Whitecap Resources Inc. is on track to achieve its targeted production for the year despite spending less capital.
October 31, 2019, 3:28 PM MDT
With an active drilling rate that hovered around the 25 per cent mark for the majority of the first half 2019, it came as no surprise that drilling programs were measured and deferred.
August 26, 2019, 10 AM MDT
Surge Energy Inc.’s second quarter production and adjusted funds flow came in higher than analyst estimates and the company's bank debt, net debt, operating expenses, transportation expenses and general and administrative costs all came in lower than budgeted expectations.
August 12, 2019, 12 AM MDT
Whitecap Resources Inc. is planning a very active capital program for the remainder of the year where it anticipates drilling 174 (151.3 net) wells as part of its $300 million second half capital program.
August 1, 2019, 10:10 AM MDT
Crescent Point Energy Corp. spent over $1 billion on development capital expenditures in last year’s first half, but its spending in the first six months of 2019 is down close to 50 per cent from a year ago.
July 25, 2019, 11:17 AM MDT
Crescent Point Energy Corp.’s commitment to change was such a key theme at Friday’s annual general meeting, president and CEO Craig Bryksa made a point of saying twice to shareholders the following statement:
June 17, 2019, 10:17 AM MDT
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