Bonavista Energy Corporation has set a target to spend between $100 million and $120 million – with the majority allocated to its West Central core area – on its exploration and development (E&D) program in 2020.
February 14, 2020, 6 PM MST
The oil and gas industry in Canada is founded upon a tremendous history of exploration, beginning in the mid-19th century in southern Ontario and expanding across the country throughout the 20th century.
August 20, 2019, 7:27 AM MDT
Perpetual Energy Inc. has reduced its 2019 capital expenditure and adjusted funds flow guidance from $21–$25 million and $22–$27 million, respectively, to $18–$21 million for each due to the 15 per cent decline in NYMEX natural gas price expectations for the remainder of 2019.
August 1, 2019, 10:36 AM MDT
Perpetual Energy Inc. says it anticipates a court decision in the second quarter of 2019 on its application for a dismissal of all claims from PricewaterhouseCoopers Inc. related to Perpetual’s sale of shallow gas assets to Sequoia Resources Corp. which later assigned itself into bankrupty.
March 28, 2019, 10:37 AM MDT
A continued focus on liquids-rich development and consistent ethane recovery increased Bonavista Energy Corporation’s production weighting of oil and natural gas liquids to 30 per cent of total output in the third quarter of 2018, up from 26 per cent in the second quarter of this year.
November 5, 2018, 10:50 AM MST
The Alberta government generated $25.44 million in bonus bids on Wednesday, with large Duvernay parcels central to the auction, which is a recurring theme.
August 23, 2018, 7:42 AM MDT
Husky Energy Inc. today announced a dividend increase as it reported a $448 million profit for the second quarter, reflecting improved oil prices and the benefits of upstream and downstream integration.
July 26, 2018, 10:23 AM MDT
Paramount Resources Ltd. says it has entered into a purchase and sale agreement with privately-held Strath Resources Ltd., which will acquire Paramount’s non-core oil and gas properties and related infrastructure at Resthaven/Jayar in the Kakwa region.
June 15, 2018, 6 AM MDT
April 27, 2018, 6 AM MDT