Upstream

Tourmaline Increases Dividend

Tourmaline Oil Corp. this afternoon announced a quarterly base dividend increase of 11 per cent and the declaration of a special cash dividend of $1.25/share, given the continued strong financial performance and outlook for the company. 

January 17, 2022, 3:09 PM MST


Higher Gas Prices Mark Shift In Deep Basin Activity: New DOB Special Report

Deep Basin operators are shifting activity from the liquids-rich Cardium formation to the more productive Spirit River formation as optimism grows that higher natural gas prices are sustainable, according to a new report by the Daily Oil Bulletin.

January 17, 2022, 9:48 AM MST


Most Of Surge’s 2022 Capex Will Be Directed At Sparky, SE Sask.

Surge Energy Inc. outlined 2022 capital spending plans of $124 million.

January 17, 2022, 6:39 AM MST


TotalEnergies To Sell Its Interest In Block 14 In Angola

January 17, 2022, 6 AM MST


Western Canada’s Active Rig Count Rose By 6 This Week

There were 212 rigs at work this morning across the WCSB, with 251 down, for a 46 per cent active rate, reported Rig Locator.

January 14, 2022, 11:48 AM MST


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