Upstream

Rosneft Swings To $2 Billion First-Quarter Net Income On Higher Oil Prices

May 14, 2021, 11:21 AM MDT


Petrus Boosts Q1 Funds Flow

Petrus Resources Ltd. generated funds flow of $6.99 million (14 cents per share) during the first quarter of 2021, up nine per cent from the previous quarter due entirely to commodity price improvement.

May 14, 2021, 7:50 AM MDT


Top 10 – Upstream Deals Focused Purely On SE Saskatchewan Assets 2017-2021

Saturn Oil & Gas Inc. announced a $93 million deal in southeast Saskatchewan this week that is projected to transform its portfolio from producing well under 1,000 boe/d in 2020 to over 7,500 boe/d in 2021.

May 14, 2021, 7:15 AM MDT


Cardinal Lifts Spending Budget

Cardinal Energy Ltd. is hiking its capital budget to $46 million from $27 million.

May 14, 2021, 6:12 AM MDT


Saturn In ‘Transformational’ Light Oil Asset Acquisition

Saturn Oil & Gas Inc. has entered an arm’s-length definitive agreement to acquire assets in the Oxbow area of southeast Saskatchewan for $93 million.

May 13, 2021, 2:57 PM MDT


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