CALGARY, Alberta, Oct. 26, 2026 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its third quarter operating and financial results for the three and nine months ended September 30, 2026. Third Quarter Highlights Liquids royalty production increased 6% over Q3 2025(1) with average oil royalty production of 14,739 barrels per day up 4% and average NGL royalty production of 2,647 up 20%. Total average royalty production [Read more]
Headlines
Port of Churchill owners and Dubai-based DP World looking to boost trade route
WINNIPEG - The owners of Manitoba's Port of Churchill say they're working with Dubai-based DP World Inc. to potentially boost traffic at the arctic port. Indigenous-owned Artic Gateway Group says the memorandum of understanding it has signed with DP World focuses on port operations and possibly creating a transportation corridor linking Manitoba to global markets. The supply chain memorandum also includes the CentrePort Canada inland shipping hub based beside the Winnipeg airport, as well [Read more]
After return of opposition leader, Venezuela’s acting president says hopes dialogue will offer space for all voices
Venezuela's acting president Delcy Rodriguez said on Monday that she hopes negotiations with a faction of the opposition will offer space for all voices to be heard, a day after opposition leader Maria Corina Machado returned to the country. “I hope the dialogue continues to provide a space for political participation, and that those who have harmed Venezuela, those who called for sanctions and external aggression, feel some remorse and regret," the acting president said during a visit to a [Read more]
TopSpin Energy and Pine Cliff Energy Enter Into First-of-Its-Kind Gas Streaming Structure to Fund Glauconite Wells
HOUSTON, Oct. 26, 2026 /PRNewswire/ -- TopSpin Energy is partnering with Pine Cliff Energy Ltd. (TSX: PNE) on the two Glauconite wells in the Caroline area of Central Alberta announced in their latest press release. The transaction gives TopSpin Energy a significant non-operated working interest in both wells during an initial phase of production. After the initial phase of production, TopSpin Energy's long-term returns will be weighted toward natural gas production only. It also marks its [Read more]
ConocoPhillips to reduce workforce in Canada
ConocoPhillips has informed its staff of a reduction to its workforce in Canada, a spokesperson for the oil and gas producer said on Monday. The reduction includes employees and contractors and is set to take place on Tuesday, the spokesperson added. However, the Houston, Texas-based company did not disclose how many jobs were affected. ConocoPhillips has about 9,900 employees globally, according to its 2025 annual report. "We routinely review our organization to align with our long-term [Read more]
AI powers up $13 bln natural gas deal
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Robert Cyran NEW YORK, Oct 26 (Reuters Breakingviews) - EQT is buying local rival Range Resources to create a US leader. Cost savings won’t cover the 21% premium being paid, but boss Toby Rice sees more. Although Appalachian producers must export, data centers are spurring local demand, auguring higher production and, perhaps, prices. Full view will be published shortly. Follow Robert Cyran on [Read more]
Ksi Lisims finalizes supply deal with German utility SEFE
VANCOUVER - Ksi Lisims LNG has finalized a deal to supply natural gas to German utility Securing Energy for Europe. Under a binding sale and purchase agreement, SEFE is to buy one million tonnes per year of liquefied natural gas for 20 years, with deliveries set to begin in the early 2030s. SEFE and Ksi Lisims signed an initial heads of agreement in May of this year. The project on the north coast of British Columbia near the Alaska border now has binding contracts for seven [Read more]
Highvale Energy Limited: Property Divestiture
Highvale Energy Limited (“Highvale” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas interests located in the Cherhill area of Alberta (the “Property”). Following recent repairs and reactivations, current production from the Property is approximately 173 boe/d, consisting of 783 Mcf/d of natural gas and 43 bbl/d of oil and natural gas liquids. Average daily production net to Highvale from Cherhill for the six months [Read more]
Ovintiv to buy Logan Energy for USD$890 million, expanding Montney oil position
Oil and gas producer Ovintiv said on Monday it would acquire Canadian producer Logan Energy in an all-cash deal valuing the company at about $890 million, including debt. Here are more details: * Ovintiv would pay C$1.40 ($0.9986) per share for Logan * The deal would add about 266,000 net acres in the oil-rich Montney region and roughly 20,000 barrels of oil equivalent per day of production * Ovintiv said the acquisition would add about 420 net drilling locations, including 220 [Read more]
Ovintiv Announces Agreement to Acquire Montney Oil Producer, Logan Energy Corp.
Transaction Unlocks Incremental Profitability, Provides Additional Oil Growth Optionality, and Adds to Premium Return Drilling Inventory Highlights: Agreement reached to acquire Logan Energy Corp. for C$1.40 per share in cash for total consideration of approximately $890 million (C$1.26 billion) including the assumption of Net Debt Ovintiv's shareholder returns plan is unchanged – targeting 2026 shareholder returns of at least 60% of Non-GAAP Free Cash Flow Acquisition is expected to [Read more]
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