Liquids production at Peyto Exploration & Development Corp. was up 13 per cent for the year and nine per cent in the fourth quarter despite lower total production as the company reported its 20th consecutive year of profitability.
March 5, 2020, 11:33 AM MST
Bellatrix Exploration Ltd. said that on Nov. 8, 2019, the Toronto Stock Exchange (TSX) delisted the common shares of Bellatrix as a result of the company’s initiation of creditor protection proceedings, as previously announced on Oct. 2, 2019.
November 14, 2019, 10:33 AM MST
Depending on prices, Bellatrix Exploration Ltd. is looking at going back into the field by the end of September to drill two to five net wells at its Spirit River liquids-rich natural gas play, says its chief executive.
August 8, 2019, 11:03 AM MDT
IHS Markit is forecasting 40 per cent production growth in light oil production in the next three to five years that will come not from the usual suspects — like the Montney, Duvernay and Spirit River — but from surprisingly profitable plays flying under the radar.
June 5, 2019, 6 AM MDT
Bellatrix Exploration Ltd. says it continues to focus on improving capital efficiencies from its invested capital through the combination of reduced capital costs and improved well performance.
May 17, 2019, 6 AM MDT
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
Bellatrix Exploration Ltd.’s production volumes in the fourth quarter of 2018 averaged 35,001 boe/d (71 per cent natural gas weighted), up four per cent from third quarter 2018 volumes of 33,530 boe/d but down from Q4 2017 volumes of 37,077 boe/d.
March 15, 2019, 3:47 AM MDT
PrairieSky Royalty Ltd. estimates that about $1.3 billion in third-party capital was spent drilling and completing wells on its lands in 2018, up from $1.1 billion a year earlier.
February 12, 2019, 8:05 AM MST
Natural gas weighted Bellatrix Exploration Ltd. says the remainder of its 2018 capital program will stay flexible and will focus on development of the Spirit River liquids-rich natural gas play and higher liquids weighted opportunities in the Cardium.
November 5, 2018, 8:21 AM MST
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
The Alberta government generated $25.44 million in bonus bids on Wednesday, with large Duvernay parcels central to the auction, which is a recurring theme.
August 23, 2018, 7:42 AM MDT
Bellatrix Exploration Ltd.’s Spirit River wells continue to outperform budget expectations, resulting in lower sustaining capital requirements for the remainder of 2018.
August 3, 2018, 8:45 AM MDT
In the first quarter of this year, many Canadian heavy crude producers paid a premium to ship by rail. Others had to shut in production.
June 4, 2018, 10:56 AM MDT
June 4, 2018, 8:50 AM MDT
May 9, 2018, 11:36 AM MDT
Bellatrix Exploration Ltd. is reducing its expected capital expenditure budget for 2018 to a range of $55 million to $60 million (down from a range of $65 million to $80 million), which lowers annual average production guidance by 1,000 to 1,500 boe/d.
April 3, 2018, 7:01 AM MDT