Alberta Montney oil and condensate operators are drilling and completing additional benches on well pads where possible to develop the resource more efficiently.

Deal making in the U.S. and Canada is being driven by a number of factors.

A slew of recent tariffs targeting raw materials and manufactured goods from China is expected to have wide-reaching impacts.

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DOB Energy has published the August edition of the On The Move newsletter.

Canada’s newly expanded oil pipeline to the Pacific is opening new markets for the country’s crude in Asia while reducing flows off the U.S. Gulf Coast, at least partly fulfilling the project’s promise of diversifying the industry’s customer base.

The Alberta Energy Regulator says that, effective Sept. 15, 2024, and in accordance with Ministerial Order 096/2024, it will continue to require evidence that licensees have resolved unpaid property taxes exceeding a threshold amount before approving a new well licence application under several directives.

The overall theme of this year’s Banff energy conference — The Future of Energy Global Summit — is Advancing Change in the Energy Industry.

Waterous Energy Fund Management Corp. (WEF Manager) has agreed to purchase an aggregate of 29,988,854 common shares of Greenfire Resources Ltd. for an aggregate purchase price of approximately C$327.78 million.

Logan Energy Corp. has agreed with a syndicate of underwriters to increase the size of its previously announced bought-deal private placement financing, due to excess demand.

Mattr Corp. has entered into a definitive agreement to sell its subsidiary, Thermotite do Brazil to Vallourec Tubular Solutions, a subsidiary of Vallourec S.A.

Tuktu Resources Ltd.’s management is pleased with initial production results of an Alberta Deep Basin well.

Prairie Provident Resources Inc. announced an agreement to extend the maturity of its senior secured credit facility to March 31, 2026, and enhance its flexibility with modified covenants.

CVW CleanTech closed a $14 million royalty investment with Northstar Clean Technologies Inc.