Privately Held B-32 Set To Launch Operations As A Pure-Play Duvernay Entity
As a privately-held startup oil and gas entity, B-32 Exploration Ltd. is laser-focused on central Alberta’s Duvernay play.
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Crescent Point Achieves Operational Momentum In Kaybob Duvernay
Crescent Point Energy Corp. says it continues to gain operational momentum in its Kaybob Duvernay play, realizing ongoing operational efficiencies and cost reductions.
Canadian LNG Is The Cornerstone For Global Future Energy Supply: Fitzgerald
Canada is the future cornerstone of energy supply for most global companies looking to “the right” form of energy supply, says Mark Fitzgerald, president and chief executive officer, PETRONAS Energy Canada Ltd.
CNRL’s Output Spikes To Record Highs, Earnings Soar
Canadian Natural Resources Limited amped up 2021 production to record quarterly and annual levels and achieved output of approximately 1.24 million boe/d, representing an increase of six per cent or approximately 71,000 boe/d over 2020 levels.
Tourmaline To Achieve A Canadian First In Natural Gas Export
An agreement with Cheniere Energy Inc. will help Tourmaline Oil Corp. break new ground in the international market next year.
CNRL Increases Proved Reserves Six Per Cent
Canadian Natural Resources Limited said it continued to deliver strong finding, development and acquisition (FD&A) costs and reserves replacement ratios in 2021.
Acquisitions Help CNRL Beef Up Natural Gas Output
Two “opportunistic” acquisitions of natural gas and liquids-weighted companies in 2020 and 2021 have been beneficial to Canadian Natural Resources Limited, and helped in boosting production of the commodities to record highs.
Tourmaline Acquired Small Assets, Grew Production And Cash Flow In Q4
Over the past few months, Tourmaline Oil Corp. has been active in acquiring what it calls complementary assets.
CNRL Says Pricing Environment, Operations Remain Strong For Heavy Oil
Given the changing dynamics of global crude markets, spiking prices and a fast-evolving geopolitical environment driven by the Russian invasion of Ukraine, Canadian Natural Resources Limited’s top executive believes the heavy oil market remains in good shape.
Burgess Creek Exploration Inc.: Non-Core Property Divestiture
Burgess Creek Exploration Inc. (“Burgess Creek” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of certain non-core operated oil and associated natural gas interests located in the Sherwood, Elcott, Rosebank, Queensdale, Manor and Redvers areas of southeastern Saskatchewan and the Dollard area of southwestern Saskatchewan as well as certain non-operated interests in the Queensdale East and Northgate areas of southeastern Saskatchewan (the “Properties”).
Freehold Mineral Titles For Sale
ROUGHLY 11,000 ACRES, MOST TITLES LOCATED IN THE LLOYDMINISTER AREA IN ALBERTA & SASKATCHEWAN
Equity Investments By Indigenous Communities In Energy Projects
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.
Oil Hits Almost Decade High; Market Eyes Iran Nuclear Deal
Streamline Processes, Build More At Scale And Break Down Silos With A Low-Code Solution
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.
Connect And Learn With Industry Colleagues At The SPE Canadian Energy Technology Conference And Exhibition
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.
Geoscience BC Energy & Water Projects — 2021 Summary #2, March 8, 2022
Geoscience BC's Summary of Activities 2021: Energy and Water, contains 10 papers from Geoscience BC–funded projects or scholarship recipients that are within Geoscience BC's strategic focus areas of energy (including oil and gas, and geothermal) and water.
Learn What Went Wrong In A $227 Million Energy Deal Rejected By The AER
The Alberta Energy Regulator recently denied a deal worth more than $227 million and included over 3,700 licences in the Western Canada Sedimentary Basin.
Prairie Provident Names New Board Member; Creates ESG Board Committee
Prairie Provident Resources Inc. has appointed Bettina Pierre-Gilles to its board of directors, effective March 3, 2022.
Tervita Asset Integration, Debt Repayment And Organic Growth Focus Of SECURE Energy Services In 2022
SECURE Energy Services Inc. reported improved financial performance coming out of 2021, and will focus on debt reduction, organic growth and the continued integration of the assets from its acquisition of Tervita Corporation as 2022 advances, said company president and CEO Rene Amirault in releasing SECURE’s 2021 fourth quarter and year end results.
SECURE Energy Appoints Board Member
SECURE Energy Services Inc. appointed Mark Bly to its board on March 2, 2022.
Despite Commodity Price Surge, Yangarra Not Budging From 30-Well Program
Yangarra Resources Ltd. remains committed to a “disciplined” one-rig, 30 well program, with the balance of free-cash flow generated to be used for debt retirement until the company achieves its debt targets.
Business Council of Alberta Offers Policy Recommendations ‘To Reduce Carbon And Grow The Economy’
The Business Council of Alberta has released a new paper with policy recommendations to “reduce carbon and grow the economy."