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
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 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 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
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
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 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 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 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 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 Energy Ltd. boosted guidance following a successful first half program.
June 16, 2022, 5:36 AM MDT
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 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
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 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
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