• Spartan Delta Activity Focused On Montney For Q2

    Spartan Delta Corp.’s capital expenditures before A&D were $91 million for the three months ended June 30, 2022, of which approximately 90 per cent was spent in the Montney as activity slowed in the Deep Basin through spring breakup.

    August 10, 2022, 12 AM MDT

  • 2022 Top Operators Report: Keeping A Cap On Costs

    Improved productivity has kept supply costs stable, but inflation now hitting hard as service companies struggle to find solid ground

    August 4, 2022, 6 AM MDT

  • Tamarack Valley Lifts Capital Budget

    Tamarack Valley Energy Ltd.’s exploration and development capital expenditures for the second half of 2022 have been updated to a range of $160-$170 million, totalling $340-$360 million for the year.

    July 29, 2022, 12 AM MDT

  • Obsidian Records Strong Year-Over-Year Production Gains

    Obsidian Energy Ltd. said its first-half 2022 development program resulted in significant production growth for the company from its Willesden Green, Pembina and Peace River assets.

    July 29, 2022, 12 AM MDT

  • Baytex Operational Highlights: Clearwater Advancing

    In Q2/2022, Baytex Energy Corp. delivered strong operating and financial results and continued to advance its “exciting, new” Clearwater play in northwest Alberta.

    July 27, 2022, 4:10 PM MDT

  • PrairieSky CEO: Fewer M&A Opportunities

    When asked on a Q2 conference call whether M&A opportunities had “thinned out,” Andrew Phillips, president and chief executive officer of PrairieSky Royalty Ltd., agreed.

    July 19, 2022, 7:44 AM MDT

  • Obsidian Energy Extends Syndicated Credit Facility

    Obsidian Energy Ltd. extended its syndicated credit facility to July 29, 2022, to accommodate timing associated with its debt refinancing, and also today issued its preliminary second quarter results.

    July 14, 2022, 5:47 AM MDT

  • Crescent Point Selling Non-Core Viking, East Duvernay Assets

    Crescent Point Energy Corp. has completed the disposition of its non-core Saskatchewan Viking assets which were previously identified as disposition candidates, for total cash consideration of approximately $260 million, prior to closing adjustments.

    July 6, 2022, 2:55 PM MDT

  • Saturn Closes Viking Acquisition And Non-Brokered Private Placement

    Saturn Oil & Gas Inc. has successfully completed the previously announced acquisition of assets in the Viking area of west-central Saskatchewan for closing cash consideration of approximately $248 million (net of adjustments) and has completed a non-brokered private placement for gross proceeds of $400,326.

    July 6, 2022, 4:02 PM MDT

  • Obsidian Keeps Developing In The Clearwater; Inflation Pressures Pick Up: AGM

    Obsidian Energy Ltd. is increasingly identifying itself, in part, as a Clearwater producer, says Jay McGilvary, senior director of development, with crews further delineating the play with two (1.5-net) more wells later this year.

    June 17, 2022, 12 AM MDT

  • Obsidian Boosts Guidance

    Obsidian Energy Ltd. boosted guidance following a successful first half program.

    June 16, 2022, 5:36 AM MDT

  • Saturn In Sask. Viking Light Oil Acquisition

    Saturn Oil & Gas Inc. has entered into an arm’s-length definitive agreement to acquire synergistic assets in the Viking area of west-central Saskatchewan for approximately $260 million.

    June 1, 2022, 12 AM MDT

  • Obsidian Extends Credit Facility; Returns To Development Drilling In Viking

    Obsidian Energy Ltd. extended the revolving period in its syndicated credit facility to July 15, 2022, to accommodate timing associated with debt refinancing.

    June 1, 2022, 12 AM MDT

  • Saturn Boosting Capital Spending

    As a result of the strong economics of the recent drilling programs, Saturn Oil & Gas Inc. has increased its 2022 capital expenditures budget by $6 million with three additional wells to be drilled at the Oxbow asset and the drilling of three additional wells in the Viking asset.

    May 16, 2022, 7:30 AM MDT

  • Freehold Royalties In U.S. Acquisition

    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

  • Record Output For Saturn

    Saturn Oil & Gas Inc. reported record production with first quarter 2022 averaging production of 7,499 boe/d compared to 233 boe/d in the first quarter of 2021.

    May 6, 2022, 6:22 AM MDT

  • PrairieSky Hits Record Royalty Production Revenue In Q1 2022; Firm Seeing More Start-Ups

    PrairieSky Royalty Ltd. achieved record quarterly royalty production revenue in Q1 2022 due to a combination of strong commodity pricing and royalty production growth.

    April 19, 2022, 10:37 AM MDT

  • Saskatchewan Series: Province’s Assets Remain Core To Crescent Point, Baytex

    Two of the larger players in Saskatchewan’s oilpatch are increasingly optimistic about the go-forward outlook in the province.

    March 31, 2022, 12 AM MDT

  • Tamarack Valley In Peavine Metis Settlement Strategic Land Agreement

    Tamarack Valley Energy Ltd. has entered into a strategic partnership with the Peavine Metis Settlement in the High Prairie area that covers 29.5 sections of land, which are prospective for the Clearwater formation.

    March 4, 2022, 5:38 AM MST

  • Baytex Slowly Advancing Its Pembina Duvernay Play As It Focuses On Driving Down Costs

    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 Output Surges

    Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.

    March 2, 2022, 2:28 PM MST

  • Saturn Closes Acquisition And Private Placement

    Saturn Oil & Gas Inc. has successfully completed its previously announced strategic acquisition and intends to complete a non-brokered private placement for gross proceeds of $2.19 million.

    February 28, 2022, 3:45 PM MST

  • Saturn In West-Central Sask. Acquisition

    Saturn Oil & Gas Inc. has entered an arm’s-length agreement to acquire certain synergistic oil and gas assets in west-central Saskatchewan for total consideration of approximately $8.3 million.

    February 17, 2022, 3:34 PM MST

  • ‘Exceptional Year’ For PrairieSky In 2021; Company Benefits From Heritage Acquisition

    PrairieSky Royalty Ltd. reported an “exceptional year” for its business in 2021, says executive management, and the firm expects 2022 will be an active year in Canadian energy including through drilling activity on its properties.

    February 8, 2022, 8:29 AM MST

  • ROK Acquisition Highlights

    Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.

    February 3, 2022, 3:16 PM MST

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