Post Tagged with: "Duvernay"

Core Laboratories Petroleum Services Lab

Core Laboratories Updates View on Long-Cycle Projects, Debt

Core Laboratories (ticker: CLB) gave its Q3 conference call yesterday, elaborating on some of the trends it sees with international activity improvement, its longer-cycle projects, and its debt agreement.

Highlights from the Q3 Results for Core Laboratories:

Revenue of $182.1

October 26, 2018 - 2:41 pm Closing Bell Story‎, Earnings
Point Loma Resources: Industry Pays $33 million for Duvernay Shale Oil Acreage Near Company Lands

Point Loma Resources: Industry Pays $33 million for Duvernay Shale Oil Acreage Near Company Lands

From FSC Wire

Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to provide an update on its emerging Duvernay shale oil play, highlighted by the May 30th Alberta Land sale where 81,920 acres near …

June 5, 2018 - 12:15 pm Canada, Closing Bell Story‎, Energy News
Crescent Point Energy Grows USA Operations

Crescent Point Energy Grows USA Operations

Crescent Point Energy Corp. (ticker: CPG) said its Q1 2018 production and cash flow from its U.S. assets have grown year-over-year by approximately 60% and 175%, respectively. Additionally, the company said its land position in the east shale Duvernay light …

Why Canada is the Next Frontier for Shale

Why Canada is the Next Frontier for Shale

Duvernay, Montney could rival the richest U.S. deposits

From Reuters/CBC

The revolution in U.S. shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion and job creation in the nation’s vast oilsands.

Now Canada …

January 29, 2018 - 12:38 pm Canada, Closing Bell Story‎, Energy News
Raging River’s $335 Million Budget Aims at 26,000 BOEPD in Q4 2018

Raging River’s $335 Million Budget Aims at 26,000 BOEPD in Q4 2018

Raging River Exploration Inc. (ticker: RRX) set a 2018 capital budget of $335 million. The budgeted capital expenditures are expected to increase annual average production in 2018 to 24,500 BOEPD (92% oil) with fourth quarter 2018 production estimated at 26,000 …

Duvernay on the Rise: Chevron (CVX) Jumps in with 55,000-Acre Drilling Program

Duvernay on the Rise: Chevron (CVX) Jumps in with 55,000-Acre Drilling Program

NEB: Duvernay holds 76.6 Tcf of recoverable gas, 6.3 billion barrels of recoverable NGLs and 3.4 billion recoverable barrels of crude oil

Eighty-year-old Chevron Canada Limited (Chevron ticker: CVX) is moving into development on a portion of its leaseholdings in …

Encana Q2: 25% Sequential Margin Growth from Q1

Encana Q2: 25% Sequential Margin Growth from Q1

Encana Corp. (ticker: ECA) is one of the first E&Ps to report it second quarter results. ECA announced a growth of 25% in its margin from the first to the second quarter of 2017.

Douglas Suttles, President and CEO of …

InPlay Oil Corp. Building Cardium with Upside in Duvernay

InPlay Oil Corp. Building Cardium with Upside in Duvernay

With plans to pursue production growth over 20%, InPlay Oil Corp. (ticker: IPO) has allocated $28 million to its exploration and development program for 2017.

InPlay’s operations center on the Cardium formation, with other interest in the Belly River formation …

Raging River Exploration: Branching Out into the Duvernay

Raging River Exploration: Branching Out into the Duvernay

Branching out of its core Dodsland Viking play, Raging River Exploration (ticker: RRX) has taken a major step in building a strong asset in the Duvernay Shale.

In June Raging River announced its land position in the Duvernay Shale in …

Encana Reports Core Assets Produced 257 MBOEPD in August

Encana Reports Core Assets Produced 257 MBOEPD in August

Encana reported an increase of 24 MBOEPD from Q2 averages

Calgary-based Encana Corp (ticker: ECA) reported today that production from its four main assets increased to 257,000 barrels of oil equivalent per day (MBOEPD), up 24 MBOEPD from the average …

September 9, 2015 - 6:40 pm Canada, Oil and Gas 360 Articles