Gear Energy Ltd.’s production for the second quarter of 2023 was 5,742 boe/d, a one per cent decrease over the 5,777 boe reported in the second quarter of 2022.
July 27, 2023, 12 AM MDT
In 2022, Hemisphere Energy Corporation invested $18.4 million to drill 13 wells, implement a polymer-surfactant flood in the Upper Mannville F oil pool, upgrade facilities in Atlee Buffalo, purchase land and seismic, and pre-purchase some of the materials for its 2023 drilling program.
February 16, 2023, 7:22 AM MST
The Alberta Energy Regulator (AER) says demand for diluents means pentanes-plus production is projected to grow over a forecast period to 2031, reaching a high of 483,000 bbls/d by 2031 as producers continue targeting the liquids-rich Montney, Upper Mannville and Duvernay formations.
June 1, 2022, 7:27 AM MDT
Altura Energy Inc. has an active third quarter remaining with a second Leduc-Woodbend well (87.5 per cent working interest) planned for September, with subsequent production in October.
August 26, 2021, 4:49 AM MDT
In what has become a rarity at this year’s virtual annual meetings, junior Altura Energy Ltd. Thursday talked to its shareholders about an early stage medium oil exploration play.
June 5, 2020, 6:21 AM MDT
Vermilion Energy Inc.’s board of directors has approved a 50 per cent reduction in its monthly dividend to $0.115 per share in response to weakness in commodity prices and reduced global economic prospects following the outbreak of the novel coronavirus.
March 6, 2020, 7:23 AM MST
Hemisphere Energy Corporation drilled 11 horizontal oil wells in its Upper Mannville G pool in 2019, which greatly expanded development in the company’s most prolific oil pool.
February 5, 2020, 8:12 AM MST
The uncovering of what Altura Energy Inc. describes as “one of the largest conventional oil pools discovered in the Western Canada Sedimentary Basin within the last 20 years” — under the nose of the Leduc discovery that launched the Alberta oil industry in 1947 no less — was the result of the tenacity of the company’s vice-president of exploration, according to Altura’s president and chief executive officer.
May 18, 2018, 11:03 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.