Tamarack Valley Credit Facility Unchanged At $275 Million

Tamarack Valley Energy Ltd.’s credit facility remains at $275 million following a redetermination.

December 1, 2020, 12 AM MST

Gear’s Redetermination Extended To Mid-December

Gear Energy Ltd. received an extension to the scheduled date for its semi-annual borrowing base redetermination from Nov. 30, 2020 to Dec. 18, 2020.

November 30, 2020, 3:51 PM MST

Imperial SVP, Commercial, To Retire In January

Theresa Redburn, Imperial Oil Limited’s senior vice-president, commercial and corporate development, has announced her intention to retire on Jan. 1, 2021 after 35 years of service.

November 30, 2020, 3:42 PM MST

Suncor Outlines 2021 Spending Plan Of $3.8-$4.5B

Suncor Energy Inc. expects a 2021 capital program of between $3.8 and $4.5 billion, which will largely be comprised of sustaining capital of $2.9 to $3.4 billion — this includes in situ well pads.

November 30, 2020, 3:34 PM MST

ExxonMobil Lays Out Business Plans; Says Certain Assets Will Be ‘Removed’

Exxon Mobil Corporation has completed a review of its forward business plans and will prioritize near-term capital spending on “advantaged assets” with the highest potential future value, including developments in Guyana and the U.S. Permian Basin, targeted exploration in Brazil and Chemicals projects to grow high-value performance products.

November 30, 2020, 2:58 PM MST

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