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
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 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
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 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
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 Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.
March 2, 2022, 2:28 PM MST
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 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
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
Here are highlights of ROK Resources Inc.’s acquisition announced on Thursday.
February 3, 2022, 3:16 PM MST
Innovation Saskatchewan will provide $24,000 in funding for an enhanced oil recovery and in-situ processes research team to validate a direct steam-generation project for EOR purposes in the province’s Viking formation.
December 14, 2021, 7:20 AM MST
Whitecap Resources Inc. announced today three separate transactions that will consolidate core assets within its Central Alberta, Eastern Saskatchewan and Western Saskatchewan business units.
December 6, 2021, 7:21 AM MST
Tamarack Valley Energy Ltd. has released its second annual sustainability report, outlining the company's progress on environmental, social and governance (ESG) practices and how these factors help guide Tamarack's strategy.
December 3, 2021, 12 AM MST
The Petroleum Services Association of Canada (PSAC) recently lifted its 2021 forecast to a yearly total of 4,650 wells drilled, based on improved activity in the second half of the year.
December 1, 2021, 9:35 AM MST
Baytex Energy Corp. has outlined a 2022 capital budget of $400 to $450 million, which is designed to generate average annual production of 80,000 to 83,000 boe/d.
December 1, 2021, 3:39 PM MST
While Baytex Energy Corp. has some higher-profile plays within its portfolio like the emerging Clearwater, its Viking asset base in west-central Saskatchewan continues to chug along in a consistent Old Faithful-type manner, producing high-quality, high-netback light oil.
November 16, 2021, 6 AM MST
Saturn Oil & Gas Inc. achieved strong operational and financial performance in Q3 with the reporting of the first full quarter following the acquisition earlier this year of assets in the Oxbow area of southeast Saskatchewan.
November 16, 2021, 11:55 AM MST
With many members of its management team having considerable experience and knowledge of the play, upon its inception in 2017 Saturn Oil & Gas Inc. targeted the Viking in west-central Saskatchewan to kick-start its operations and serve as a growth engine for the newly-minted junior producer.
November 15, 2021, 9:36 AM MST
Freehold Royalties Ltd.’s board has declared a dividend of six cents per share to be paid on Dec. 15, 2021 to shareholders of record on Nov. 30, 2021.
November 11, 2021, 6:32 AM MST
The Petroleum Services Association of Canada (PSAC) expects a total of 5,400 wells (rig releases) in Canada in 2022.
November 10, 2021, 10:54 AM MST
Baytex Energy Corp. is “intensely focused on maintaining capital discipline.”
November 4, 2021, 3:28 PM MDT
Strong third quarter activity rates and revenues at Calfrac Well Services Ltd. are signs of a rapidly improving wells services market headed into 2022, the company said in its third quarter 2021 report to shareholders.
November 2, 2021, 8:45 AM MDT
Tamarack Valley Energy Ltd. is increasing its full-year production guidance by four per cent to 34,250 boe/d, and the company has announced its inaugural dividend and return-of-capital framework.
October 28, 2021, 10:15 AM MDT
Whitecap Resources Inc. closed the acquisition of a private company in southeast Saskatchewan for $67 million.
October 28, 2021, 7:20 AM MDT