Producers across Canada drilled 7.41 million metres in the January-to-July period, excluding experimental hole, an increase of 25 per cent from 5.93 million metres in the first seven months of 2020.

Two oilpatch veterans — Anthony Marino and Marty Proctor — are joining a reorganized Altura Energy Inc.

(Reuters) — Canada is pushing to provide incentives for at least two new massive carbon capture projects by 2030, a federal government document showed, with nearly a dozen oil and gas companies already pursuing rights to store carbon dioxide in Alberta.

The Alberta Energy Regulator is in the process of releasing long anticipated updates to closure regulations. The AER has announced closure spend targets that will come into effect on Jan. 1, 2022. New licensee life-cycle management regulations will also be in place.

Enerplus Corporation has entered into a definitive agreement to sell its interests in the Sleeping Giant field (Montana) and Russian Creek area (North Dakota) in the Williston Basin for total consideration of US$115 million.

PMG is presenting opportunities for Career Advancement by offering an excellent set of online courses with focus on the practical aspects:

With eight categories and a global reach, these brand-new awards promise to open doors for anyone ready to step forward. The inaugural Publicis Sapient Global EnergyTech Awards are open for entries until the end of September and aim to celebrate the new innovations and developments within the energy industry.

There were 158 rigs at work this morning in the WCSB, with 332 down, for a 32 per cent active rate, reported Rig Locator.

Petrus Resources Ltd. has entered into a series of agreements that will reduce the company’s total debt by approximately $49 million through the issuance of $25.8 million of Petrus shares at 55 cents per share, and extend the maturity date of the company’s senior secured credit facility (the first lien loan).

ARC Resources Ltd. says the Toronto Stock Exchange has accepted its notice to begin a normal course issuer bid.