After going on a $2 billion acquisition spree over the past year-and-a-half, Whitecap Resources Inc. may not be done as the company continues to evaluate the merger and acquisition market and could pursue more deals, the company’s Q4 and year-end 2021 conference call heard Thursday.

Whitecap Energy Inc.’s new energy team continues to progress several carbon capture initiatives related to the energy transformation to a lower-carbon economy, says the company’s president and CEO.

Enerflex Ltd. anticipates new energy transition opportunities across several regions, as it leverages on strengths to provide modularized “engineer-to-order” solutions for industry, helping companies to decarbonize core operations, and to capture carbon, build biofuel infrastructure and explore the potential of hydrogen.

Pembina Pipeline Corporation delivered strong financial and operational results during the fourth quarter of last year amidst the backdrop of a recovering economy and strengthening commodity prices, says management.

Ten years ago, much of the conversation in energy boardrooms was centred around the great potential of Canada’s liquefied natural gas (LNG) export market to attract increased foreign investment, support the transition to cleaner energy and build the nation’s competitive advantage on the global stage. Fast forward to today — and several proposed export facilities later — Canada has just one major facility that has managed to navigate the lengthy and exhaustive regulatory process to fruition.

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Vertex Resource Group Ltd. and Cordy Oilfield Services Inc. have entered into a definitive amalgamation agreement pursuant to which Vertex has agreed to acquire all of the issued and outstanding shares of Cordy Oilfield.

There was a significant amount of white space on the dispatch board for Trican Well Service Ltd., in its 2021 fourth quarter. But based on the shift in pricing seen as the year came to a close, this was something company president and chief executive officer Bradley Fedora was “totally comfortable with.”

Ovintiv Inc. recorded drilling and completion cost decreases at its Montney land position in 2021.

Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 25, 2022 as reported this morning by Rig Locator.

The U.S. rig count is up five from last week to 650 with oil rigs up two to 522, gas up three to 127, and miscellaneous rigs unchanged at one.

Baytex Energy Corp. delivered strong Q4 and full-year 2021 operating and financial results and continued to advance its new Clearwater play in northwest Alberta with four of the highest initial rate wells drilled to date in the play.

In anticipation of gas supply shortages and elevated pricing, Advantage Energy Ltd. accelerated $10 million of spending from January into December.

As a part of Advantage Energy Ltd.’s board succession planning, Ron McIntosh plans to retire on May 5, 2022, after 24 years of service with Advantage and predecessor companies.

Chevron Corporation’s Canadian production climbed in 2021.

Cardinal Energy Ltd. produced 20,525 boe/d in the fourth quarter of 2021, averaging 19,090 boe/d for the year.

Baytex Energy Corp.’s year-end 2021 proved developed producing (PDP) reserves increased by seven per cent, from 120 million boe to 129 million boe.

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, has made a new investment in Carbon Clean, a global leader in cost-effective industrial carbon capture, it announced.

Exxon Mobil Corporation has made a final investment decision to expand carbon capture and storage at its LaBarge, Wyoming facility.