With a successful first year of operations behind it, the $34 billion Trans Mountain Corporation expansion is doing what it was supposed to do — bringing oil to markets other than the United States, says the company's CEO.

Trican Well Service Ltd. continues to maintain a bullish mid- to longer-term outlook for activity levels in the Western Canadian Sedimentary Basin (WCSB), especially on the natural gas front as increased egress and export options come into play.

Trican Well Services Ltd.’s top executive says the imposition of U.S. tariffs on steel and aluminum imports and retaliatory Canadian tariffs on U.S.-sourced inputs, such as frack sand, could increase well completion costs and ultimately lead to lower activity levels.

Push button fracs, where a combination of automation and artificial intelligence replace the human element in operations, are becoming a reality in U.S. unconventional resource plays.

With the close of the sale of its Wapiti and Karr Montney assets in the first quarter of 2025, Paramount Resources Ltd. is now working to increase production from its remaining Duvernay and Sinclair Montney assets.

Strathcona Resources Ltd. has entered into definitive agreements to sell substantially all of its Montney assets for approximately $2.84 billion.

Cenovus Energy Inc. says it continues to safely and effectively respond to a well release incident at the Rush Lake 2 thermal facility.

The Saskatchewan government has launched the Low Productivity and Reactivation Oil Well Program (LPRP) to create new incremental oil production and revenue from low-producing or inactive wells.