Insight: New Exploration Opportunities In The Duvernay
Positive well results in the West Duvernay play in the Willesden Green area have operators firming up land positions and laying out long-term development plans.
Positive well results in the West Duvernay play in the Willesden Green area have operators firming up land positions and laying out long-term development plans.
Governments across Canada issued 559 new well licences in June, an increase of two per cent from 546 a year ago, with higher permitting counts Alberta and Saskatchewan offsetting a decline in British Columbia.
DOB Energy has published the June edition of the On The Move newsletter.
Third-party operators spud 117 wells on PrairieSky Royalty Ltd. royalty acreage in the second quarter at an average royalty rate of 4.8 per cent, as compared to the 115 wells spud in Q2 2024 at an average royalty rate of 6.6 per cent.
Lotus Creek Exploration Inc. says that Savanna’s 689 drilling rig has arrived in Wilson Creek to begin drilling its inaugural Belly River capital program.
Westgate Energy Inc. has completed drilling of its previously announced three well program as of June 30, 2025.
Q2 2025 pricing remained primarily anchored in core supply-demand fundamentals rather than reactive policy moves or political uncertainty.
Tamarack Valley Energy Ltd. has entered into an underwriting agreement to sell, on a private placement basis, $325 million aggregate principal amount of 6.875 per cent senior unsecured notes due July 25, 2030.
Reports released by Foresight Canada and the Clean Energy and Major Projects Office are investigating British Columbia's potential to establish major hydrogen hubs in various regions and examines the feasibility of hydrogen transportation.