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Cardinal Expects To Exceed Annual Production Guidance After Strong Q1 Start

Cardinal Energy Ltd. expects to exceed production guidance for the year after a successful 10-well drilling program in the first quarter — including four Clearwater oil wells, two Dunvegan light oil wells and four wells in its Southern Alberta area — increased current output.

May 13, 2022, 10:02 AM MDT


Like Its Peers, Peyto Attempting To Mitigate Increasing Inflationary Pressures

Like virtually all of its western Canadian E&P brethren, Peyto Exploration & Development Corp. is increasingly feeling the pinch of inflationary pressures in most aspects of its operations.

May 13, 2022, 12 AM MDT


Q1 Marks ‘Positive Turning Point In The Business’ For Pieridae

Pieridae Energy Limited saw its net operating income (NOI) and adjusted funds flow from operations both rally over the first three months of 2022 compared to the same period a year earlier.

May 12, 2022, 3:56 PM MDT


Headwater Busy With Land Expansion Strategy

Headwater Exploration Inc. has continued to be active with its land expansion strategy.

May 12, 2022, 3:25 PM MDT


Headwater Boosting Capital Budget

Headwater Exploration Inc.'s board of directors has approved an increase in the 2022 capital budget to $230 million from $145 million. 

May 12, 2022, 3:11 PM MDT


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