Pioneer Natural Resources drilling operation Pioneer Natural Cuts Spending, Shuts Drilling Amid Rout February 10, 2016 3:45 PM - Pioneer Natural Resources Co. canceled a budget increase and shut down drilling in two fields after swinging to a loss in the fourth quarter. In response to tumbling energy markets, the Texas shale explorer scrapped plans to increase outlays for drilling announced early last month, and instead will reduce spending about 9 percent from last year, [Read More…]
Whitecap Whitecap Resources Inc. Announces 27% Increase to 2015 Year End Reserves February 10, 2016 3:56 PM - CALGARY, Feb. 10, 2016 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to present the results of our independent 2015 year end oil and gas reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniels”). Since inception, Whitecap has been focused on acquiring high quality assets and further developing them to [Read More…]