Post Tagged with: "Montney"

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 …

Blackbird Energy Plans 3 More Montney Wells

Blackbird Energy Plans 3 More Montney Wells

Blackbird Energy announced that it plans to drill and complete approximately three operated wells through the end of the calendar year

Calgary-based Blackbird Energy (ticker: BBI) announced the company’s results for the quarter ended April 30, 2017 – Q3 for …

Delphi Energy Boosts Montney Production to 40% NGLS, Condensate

Delphi Energy Boosts Montney Production to 40% NGLS, Condensate

Bigstone Montney-centered Delphi Energy Corp. (ticker: DEE) is hoping to grow its production to approximately 22,000 BOEPD by 2019. During the first quarter of 2017, Delphi produced 8,198 BOEPD, 40% of which was condensate or natural gas liquids.

Delphi also …

Painted Pony’s 200,000 Montney Acres Expected to Help Double 2016 Average Production Rate in 2017

Painted Pony’s 200,000 Montney Acres Expected to Help Double 2016 Average Production Rate in 2017

Painted Pony Energy Ltd. (ticker: PONY) is active in the Montney formation, where it pursues natural gas and natural gas liquids production in its 200,009 net acres in Northeast British Columbia.

In the first quarter of 2017, Painted Pony averaged …

Blackbird Energy Continues to Capitalize on the Montney Shale

Blackbird Energy Continues to Capitalize on the Montney Shale

Blackbird Energy Inc. (ticker: BBI) is pure-play focused on the Pipestone liquids-rich corridor of the Montney shale. The company holds a total of 120 gross, 103.9 net sections—equivalent to 76,800 gross, 66,496 net acres—in the Montney shale play, all of …

Leucrotta Exploration Inc.: Delineating and Growing the Montney

Leucrotta Exploration Inc.: Delineating and Growing the Montney

Focused in the Montney play in Northeast British Columbia, Leucrotta (ticker: LXE) holds approximately 100,500 gross (90,200 net) acres. Overall, the company averaged approximately 2,700 BOEPD in Q1, 2017.

Within the Montney, Leucrotta has drilled a total of eight horizontal …

Advantage Oil and Gas: Spurring New Production in the Montney

Advantage Oil and Gas: Spurring New Production in the Montney

Canada based Advantage Oil and Gas (ticker: AAV) is focused primarily on its Montney natural gas assets in Glacier, Alberta.

The Montney assets produce approximately 235 Mscf/day, and Advantage’s 2P reserves were increased to 2.2 Tcfe as of December 31…

Blackbird Energy Provides Operational Update in the Montney

Blackbird Energy Provides Operational Update in the Montney

Blackbird Energy plans to drill 11 operated wells in fiscal 2017 and 2018

Calgary-based Blackbird Energy (ticker: BBI) announced updates to both its operated and non-operated drilling programs Thursday. In the release, Blackbird said that the company plans to drill …

Delphi Energy Acquires More Montney Acres

Delphi Energy Acquires More Montney Acres

Delphi Energy adds 22.5 sections in the greater Bigstone area

Calgary-based Delphi Energy (ticker: DEE) announced the acquisition of 22.5 sections of Monteny assets contiguous to its current land holdings as the company looks to continue expanding in the region.…

Blackbird Energy Announces 2P Reserves of $455 Million

Blackbird Energy Announces 2P Reserves of $455 Million

Blackbird Energy announces 913% increase in 1P reserves

Blackbird Energy (ticker: BBI) released a reserves report Monday which announced the company’s proved reserves (1P) increased 913% to 30,526 MBOE (46% NGLs), according to the company’s press release. The net …

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

Update: Blackbird acquires additional acreage in the Montney

Blackbird Energy Inc. announced that it has entered into a binding agreement with Knowledge Energy Inc. for the acquisition of two gross sections (two net) of Montney rights for total consideration of …

March 17, 2017 - 10:21 am 360 Profile Company
UPDATE: Blackbird Energy Receives Capital for 12 Well Program

UPDATE: Blackbird Energy Receives Capital for 12 Well Program

Update: Blackbird acquires additional acreage in the Montney

Blackbird Energy Inc. announced that it has entered into a binding agreement with Knowledge Energy Inc. for the acquisition of two gross sections (two net) of Montney rights for total consideration of …

The Permian is Not the Only Play with Great Stacked Pay

The Permian is Not the Only Play with Great Stacked Pay

Saguaro Resources is realizing 46%+ IRRs in the Montney

“Stacked pay” has become one of those phrases that you see in nearly every press release regarding a new acquisition in the Permian. As operators rush to the Delaware Basin and …

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

Deal creates Montney/Marcellus/Utica Midstream Export Opportunity

AltaGas Ltd. (ticker: ALA) and WGL Holdings, Inc. (ticker: WGL) announced on Jan. 25, 2017, they have entered into a definitive agreement and plan of merger for AltaGas to acquire WGL in an all …

Blackbird Energy Completes Elmworth Gathering System, Updates Montney Drilling and Stage Completions

Blackbird Energy Completes Elmworth Gathering System, Updates Montney Drilling and Stage Completions

Blackbird Energy Inc. (ticker: BBI) completed the construction of its 100% owned and operated 12-14-70-7W6 Elmworth facility and gathering system near the budget of $16.1 million. Commencement of production is anticipated by the end of January 2017, Blackbird said in …

Chinook Energy Provides Update

Chinook Energy Provides Update

Chinook Energy Inc. (ticker: CKE) reported that it has successfully completed its three-well (2.62 net wells) drilling program at Birley/Umbach, that was announced on November 9, 2016.

Chinook said it drilled the wells on schedule and under budget by approximately …

January 4, 2017 - 11:04 am Canada, Closing Bell Story‎
Blackbird Energy Sets Montney Completion Record without Coil Tubing

Blackbird Energy Sets Montney Completion Record without Coil Tubing

Stage Completions’ Bowhead II Technology Allows Blackbird to Achieve Montney Record in 1 Hour Stages

Blackbird Energy’s (ticker: BBI) 102/2-20-70-7W6 Upper Montney well has set a new record for the play. Using Stage Completions’ Bowhead II fracturing system, Blackbird was …

The Market is Taking Note of The Montney Players

The Market is Taking Note of The Montney Players

The stacked pay in the Montney is delivering higher EURs than the Permian at a fraction of the land cost

Oil and gas operators have been increasingly sending capital in the Permian Basin as they look for the strongest returns …

Blackbird Energy Accelerates Business Plan with $13 Million Private Placement

Blackbird Energy Accelerates Business Plan with $13 Million Private Placement

Blackbird to continue delineating its liquids-rich Montney assets

Calgary-based Blackbird Energy (ticker: BBI) announced two non-brokered private placements of common shares Tuesday. 27,150,000 shares will be issued in total for proceeds of approximately $13 million. 16,500,000 of those shares were …

Exclusive Interview with Andy Mah, President and CEO, Advantage Oil & Gas

Exclusive Interview with Andy Mah, President and CEO, Advantage Oil & Gas

We have chased profitability and low cost structure: Mah

Advantage Oil & Gas’s President and CEO Andy Mah spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Mah talked about drilling results in …

Painted Pony Petroleum– Day Two Breakout Notes

Painted Pony Petroleum– Day Two Breakout Notes

Painted Pony Petroleum presents at EnerCom’s The Oil & Gas Conference®

During Painted Pony’s breakout sessions, management was asked the following questions:

  • Birchcliff did a big acquisition in the Montney is that something that you would consider?
  • Have you looked
Birchcliff Energy – Day Two Breakout Notes

Birchcliff Energy – Day Two Breakout Notes

Birchcliff Energy presents at EnerCom’s The Oil & Gas Conference®

During Birchcliff’s breakout sessions, management was asked the following questions:

  • Post Gordondale acquisition what price are you expecting in order to fund development from cash flow?
  • Where do you expect
Blackbird Energy – Day Two Breakout Notes

Blackbird Energy – Day Two Breakout Notes

Blackbird presents at EnerCom’s The Oil & Gas Conference®

 During Blackbird’s breakout session, management was asked the following questions:

  • Can you go over the differences between your sliding sleeve technology and normal sliding sleeves?
  • Is there a dissolvable component in
Advantage Oil & Gas LTD. – Day One Breakout Notes

Advantage Oil & Gas LTD. – Day One Breakout Notes

Advantage presents at EnerCom’s The Oil & Gas Conference®

 During Advantage’s breakout session, management was asked the following questions:

  • Is your hedging fix-priced?
  • What if you don’t get your target hedge price?
  • Can you talk a little more about the
EnerCom Conference Presenter Focus: Birchcliff Energy

EnerCom Conference Presenter Focus: Birchcliff Energy

Birchcliff Energy (ticker: BIR) will present at EnerCom’s The Oil & Gas Conference® on Tues. Aug. 16, 2016.

Birchcliff Energy (ticker: BIR) is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta, operating in the …

EnerCom Conference Presenter Focus: Blackbird Energy

EnerCom Conference Presenter Focus: Blackbird Energy

Blackbird Energy will present at the EnerCom conference in Denver on Tuesday, August 16, 2016

Blackbird Energy Inc. (ticker: BBI) is a junior E&P company focused on the liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta, where it holds …

EnerCom Conference Presenter Focus:  Painted Pony Petroleum

EnerCom Conference Presenter Focus: Painted Pony Petroleum

Painted Pony Petroleum LTD. will present at EnerCom’s The Oil & Gas Conference® on Tues. Aug. 16, 2016

Painted Pony Petroleum (ticker: PPY) is a Canadian exploration and production company headquartered in Calgary, Alberta, operating in the natural gas liquids …

Seven Generations will Expand Kakwa River Project With $1.9 Billion Montney Bolt-on

Seven Generations will Expand Kakwa River Project With $1.9 Billion Montney Bolt-on

CALGARY, ALBERTA–(Marketwired – July 6, 2016)

  • 7G launches concurrent $650 million bought deal common share offering of subscription receipts to partially fund acquisition
  • Bolt-on acquisition to expand 7G’s prolific Nest lands and proved reserves by 47 percent
  • Transaction adds 155
Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy (ticker: BBI) announced today that it has successfully drilled, logged and cased its third well at Elmworth, in the Montney, located at 2-20-70-7W6 (the “2-20” well). Blackbird has a 100% working interest in the 2-20 well, as …

October 27, 2015 - 3:29 pm 360 Profile Company, Analytics, Canada, Oil and Gas 360 Articles
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