When Baytex Energy Corp. entered the Pembina Duvernay in 2018 following its strategic combination with Raging River Exploration Inc., the play was well down the list of priorities for the newly-merged entity as it focused on more mature assets like the Viking and Eagle Ford.

The Russian invasion of Ukraine has shone the spotlight on the vital importance of both North American and global energy security and Canadian energy could play an important role in ensuring stability, a Canadian Global Affairs Institute (CGAI) virtual panel discussion heard Tuesday.

Russia’s invasion of Ukraine has brought issues of energy security and affordability “to the fore” of the larger energy debate at a time when global leaders already are working towards a clean-energy transition, says Tim Gould, chief energy economist, International Energy Agency (IEA).

JP (Jean Paul) Gladu was part of an informal conversation about boards of directors when the topic of Indigenous representation was brought up.

After years of lagging pricing power, Canadian service sector companies are looking to bend the curve. Upward.

Sayer Energy Advisors has been engaged to assist Baserado Resources Ltd. (“Baserado” or the “Company”) with the sale or farmout of its oil and natural gas interests located in Alberta (the “Properties”).

Over the past several years, the energy industry has witnessed a veritable surge of transactions in which Indigenous Communities (ICs) have acquired significant and meaningful ownership in infrastructure projects across the full spectrum of the energy value chain. This paradigm shift towards co-ownership frameworks fosters the long-term alignment of interests and shared prosperity between energy industry project proponents (EIPPs) and ICs in Canada.

Register now for CAOEC’s Annual Luncheon, taking place on Friday, March 25, at the Calgary Petroleum Club.

To help our readers follow the energy-related developments in the Ukraine/Russia crisis, we have created a new Ukraine/Russia category.

With excess free cash flow at record levels, lots of unused credit and minimal debt, Topaz Energy Corp. is looking to add to its stock of royalty generating production and infrastructure assets in 2022, company president and chief executive officer Marty Staples told analysts at Topaz’s 2021 fourth quarter and year-end conference call.

One of the most comprehensive industry events is taking place in March. With restrictions lifted, it’s an excellent time to reconnect in-person with industry peers and focus on learning and development.

360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of a non-core Environmental Consulting division from a publicly traded, Integrated Environmental and Midstream Infrastructure company.

Experienced / semi-retired senior financial executive seeks contract work: temporary, permanent, maternity leave assistance, or project work (funding, M&A, etc.).

Petrus Resources Ltd. is acquiring a privately owned limited partnership and its general partner for total consideration of approximately $14.4 million.  

Freehold Royalties Ltd. reported record average production levels in Q4-2021 of 14,005 boe/d.

Susan MacKenzie is not standing for re-election and will retire from the board of Freehold Royalties Ltd. at the annual meeting to be held on May 10, 2022.

Athabasca Oil Corporation is maintaining its previously announced $128 million capital program in 2022, including a turnaround at Leismer.

CWC Energy Services Corp. is currently experiencing a strong Q1 2022 with both activity and pricing increasing for both the drilling rig and service rig segments.

Energy professionals need a new way to work and solutions that set them up for success to keep pace with changing market dynamics and technology.  

First Helium Inc. announced first month's average daily production of approximately 430 bbls/d of light oil from its successful 1-30 discovery well which is located on First Helium's 100 per cent owned, 79,000 acre Worsley landholdings.

Source Rock Royalties Ltd., a pure play oil and gas royalty company with an established portfolio of light oil focused royalties in Saskatchewan and Alberta, announced that its common shares and warrants will commence trading on the TSX Venture Exchange at the opening of the market today under the symbols "SRR" and "SRR.WT", respectively.

Paramount Resources Ltd.’s board of directors has approved an increase in the company's regular monthly dividend to eight from six cents per common share.

Royalty and infrastructure company Topaz Energy Corp. reported record year-over-year increases in production and cash flow in the final quarter of 2021.

TC Energy Corporation announced that TransCanada Trust, a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), is considering an offering of subordinated trust notes, guaranteed on a subordinated basis by TCPL, under the trust's short form base shelf prospectus dated Feb. 26, 2021.

Exxon Mobil Corporation said today it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry.