CALGARY, AB HIGHLIGHTS Sales volumes averaged 80,540 Boe/d (43% liquids) in the first quarter of 2021, well ahead of the Company's first half 2021 production guidance of 74,000 Boe/d to 76,000 Boe/d (43% liquids) due to significant outperformance at Karr as well as higher than expected field reliability corporately. (1) Sales volumes at Karr averaged 33,230 Boe/d (55% liquids) in the quarter compared to 26,914 Boe/d (56% liquids) in the fourth quarter of 2020. This [Read more]
Headlines
Hydrogen Canada appoints South Korea’s most renowned natural gas expert to advisory board
HYDROGEN CANADA CORP. (“Hydrogen Canada”), a pioneer in blue hydrogen production in Alberta, is pleased to welcome Dr. Wonmo Sung to its Corporate Advisory Board, starting May 1, 2021. Dr. Sung is an emeritus professor in the department of Earth Resources Engineering at Hanyang University in South Korea where he worked for more than 30 years. Dr. Sung is one of the most renowned experts in natural gas production & utilization and carbon capture and storage. He has previously served as the [Read more]
XI Technologies: H2S release rate assessment regulatory refresher
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. To survive amid all the recent challenges in our sector, many companies have faced an unprecedented amount of change in their workforce. Some have lost experienced professionals to lay-offs, retirements, or redistributions, with [Read more]
International Petroleum Corporation first quarter 2021 financial results
TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2021. Q1 2021 Financial and Operational Highlights Average net production of approximately 43,700 barrels of oil equivalent (boe) per day (boepd) for the first quarter of 2021 (44% heavy crude oil, 19% light and medium crude oil and 37% [Read more]
Athabasca Oil Corporation announces 2021 first quarter results, Hangingstone cost reductions, inaugural ESG report
CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 first quarter results that demonstrate the resilience and quality of its asset base. The Company is also pleased to provide an update on initiatives to further improve its positioning in a post COVID recovery. Athabasca plans to refinance its debt in the coming months that will allow shareholders to capture the unparalleled cashflow generation potential from its long reserve life, [Read more]
Perpetual Energy Inc. reports first quarter 2021 financial and operating results
CALGARY, AB – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to release its first quarter 2021 financial and operating results. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2021, which are available through the Company's website at [Read more]
Tamarack Valley Energy Ltd. announces first quarter financial results & clearwater winter drilling program update
CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2021 and related management's discussion and analysis ("MD&A") which are available on SEDAR at www.sedar.com [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location May. 4 Temporary Gas Plant Operator (4th Class Power Engineer) Roska DBO Grande Prairie May. 4 Field Operator Kelt Exploration Ltd. Fort St. John May. [Read more]
Cuda Oil and Gas Inc. announces December 31, 2020 year-end financial and operating results
Calgary, Alberta - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operational results for the year ended December 31, 2020. Cuda's audited consolidated financial statements, and management's discussion and analysis for the year ended December 31, 2020 and 2019 are available under the Company's profile on the SEDAR website at www.sedar.com. Significant 2020 Highlights 2020 proved to be another year of significant growth and change for the [Read more]
Imperial Oil shareholders defeat shareholder motion to set net-zero emission target
CALGARY - Imperial Oil Ltd. investors have voted 86 per cent to defeat a shareholder resolution that it adopt a target to achieve net-zero carbon emissions by 2050. But the vote held during the Calgary-based company's virtual annual meeting exposes a rift between its parent, U.S. giant Exxon Mobil Corp., which owns 69.6 per cent of Imperial, and its other shareholders, as the company noted 58 per cent of the shares not held by Exxon were voted in favour of the resolution. Aequo Shareholder [Read more]