Tamarack Valley Energy Ltd. achieved record production in the third quarter of 2018 as the company increased its oil and natural gas liquids weighting by 12 per cent.
November 9, 2018, 3:34 AM MST
Whitecap Resources Inc. posted record production for the second consecutive quarter in 2018 despite the historic price differential for light and heavy crude oil in Canada.
November 2, 2018, 12 AM MDT
Saskatchewan’s October public offering of Crown petroleum and natural gas rights generated $2.13 million in revenue for the province, largely on the strength of continued interest in the Kindersley area.
October 5, 2018, 10:14 AM MDT
Tamarack Valley Energy Ltd. has reported that due to exceptional 2018 drilling results, current production is ahead of forecast and as a result it has increased its annual and exit production for the second time.
September 20, 2018, 9:08 AM MDT
Saturn Oil & Gas Inc. has entered into a US$20 million senior secured revolving note facility with Prudential Capital Energy Partners, the middle-market energy mezzanine fund business sponsored by Prudential Capital Group.
September 14, 2018, 11:47 AM MDT
With its strategic combination with Raging River Exploration Inc. officially closed, Baytex Energy Corp. is forecasting a fourth quarter production rate of approximately 97,000 to 99,000 boe/d, based on exploration and development expenditures of $275 to $325 million in the second half of 2018.
August 23, 2018, 9:08 AM MDT
Saturn Oil & Gas Inc. has commenced completions operations on the previously announced (Viking and Success horizontal drill program.
August 2, 2018, 11:03 AM MDT
Raging River Exploration Inc. continues to “prudently and methodically” advance the evaluation of the emerging Duvernay light oil play in central Alberta.
August 1, 2018, 3:11 AM MDT
After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.
August 1, 2018, 10:23 AM MDT
Weak natural gas pricing and volumes weighed on PrairieSky Royalty Ltd. results for the second quarter and first half of 2018, leading to lower revenues, funds from operations and earnings than in the comparable 2018 periods.
July 24, 2018, 9:08 AM MDT
Saturn Oil & Gas Inc. has commenced drilling operations for its Q3 2018 horizontal drill program.
July 16, 2018, 8:02 AM MDT
June 4, 2018, 8:32 AM MDT
Overall, non-oilsands drilling activity in the Western Canadian Sedimentary Basin has dropped this year, with almost 10 per cent fewer wells spud in Q1 2018 compared to Q1 2017, says Michele Innes.
May 10, 2018, 9:48 AM MDT
Tamarack Valley Energy Ltd. achieved record corporate production in the first quarter of 23,532 boe/d, up 32 per cent over volumes of 17,796 boe/d during the same period last year.
May 10, 2018, 9:12 AM MDT
While wells spud on PrairieSky Royalty Ltd. lands continued to be focused on the Viking light oil play in western Saskatchewan and eastern Alberta, the company also saw activity on its emerging crude oil plays in the first quarter of 2018.
April 24, 2018, 7:21 AM MDT
Obsidian Energy Ltd. is exploring the sale of its Alberta Viking assets and is engaged in ongoing discussions with China Investment Corporation (CIC) regarding a disposition of the company's share of jointly owned Peace River assets.
April 2, 2018, 5:06 AM MDT