Development News in Canada

Fortuna Operating and North Hudson Resource Partners announce Canadian expansion
11/4/2024 - Fortuna Operating (“Fortuna”), the operating arm of North Hudson Resources Partners, LP (“North Hudson”) non-operated investment platform, is pleased to announce a drilling partnership with a top-tier...
Obsidian Energy Announces Strong Peace River Results and Upwardly Revised Guidance
9/9/2024 - • Increased August average production to ~40,000 boe/d (based on internal field estimates)
• Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwate...
Prospera Energy Commences 2024 Development Program
7/4/2024 - Prospera Energy Inc. ("Prospera" or the "Corporation") (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.BE)

Prospera is pleased to announce the 2024 development ...
Obsidian Energy Announces 2024 Development Program Results Above Expectations
5/28/2024 - Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date
Robust resu...
Homerun Resources Inc. Announces CEO Update to Shareholders
5/5/2024 - Homerun Resources Inc. ("Homerun" or the "Company") is pleased to announce the following update from the CEO, Brian Leeners, on the Company's ongoing business developments.

Dear Shareholder...
Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells
5/1/2024 - Saturn Oil & Gas Inc. is pleased to announce the initial production results for its most recently drilled nine gross (9.0 net) wells, including the Company’s first development of the Brazeau field in ...
Obsidian Announces 2023 Operations Update with Robust Clearwater Results
1/9/2024 - • Peace River Clearwater results yield robust early production rates, continuing to delineate the Dawson area
• Peace River Bluesky Walrus field results in a successful extension and deeper zone ...
C-NLOPB Announces Approval of the Development Plan for Hebron Field
12/15/2023 - The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field, including an addendum submitted by ExxonMobil Canada Pro...
Saturn Oil & Gas Announces its First Development of Cardium and Bakken Light Oil
12/5/2023 - Saturn Oil & Gas Inc. ("Saturn" or the "Company") is pleased to announce the initial production results for its most recently drilled 13 gross (11.4 net) wells, including Saturn's first development of...
Prospera Energy Inc. Announces Development Update
11/9/2023 - Prospera has resumed the phase two development of the horizontal infill drilling program. The sixth horizontal well spudded last Sunday and the horizontal infill drilling transformation from vertical ...
Prospera Launches Game-Changing Phase 2 Development
7/21/2023 - Prospera Energy Inc. is pleased to announce the mid-August spud of its phase 2 restructured development program intended to increase production. The Phase 2 development entails the drilling of 10 hori...
Prospera Energy Utilizes Strong Balance Sheet to Capitalize 2023 Development Plan
3/3/2023 - Prospera is structured to be well-capitalized in 2023 to fund the capital development program to capture the significant remaining reserves in place. PEI total capitalization ($15 million) includes st...
Prospera Announces Significant Development Plan to Increase Production
9/28/2022 - The reorganized efforts of Prospera have resulted in increased gross production from 80bpd to 800bpd, Q2 revenue grew by 860%, reserve asset value grew from -3.4m$ to 56.2m$ from the previous year. Se...
Obsidian Announces Expanded 2022 Development Program
6/16/2022 - - 2022 guidance increased to an average production range of 31,500 to 32,500 boe/d based on expanded capital development program
- Second half 2022 four-rig drilling program includes 38 operated...
Obsidian Energy Provides Operational Update & Land Acquisition
4/12/2022 - • All 2021 development drilling program wells on production
• 8 wells from 2022 first half development program on production with an additional 7 expected in the second quarter
• 2022 pro...
PetroFrontier Announces Funding Transaction to Advance Development
10/8/2021 - PetroFrontier Corp. has entered into a letter of intent ("LOI") with an arm's-length third party company ("Fundco") which will enable continued development of PetroFrontier's joint ventures at the Col...
Saturn Oil & Gas Announces Development Drilling Program and Corporate Update
8/3/2021 - - Saturn commences development drilling and workover program in West Central Saskatchewan
- Warrants from June 2021 equity financings are now listed for trading on the TSX-V as SOIL.WT
- ...
Obsidian Energy Announces 2nd Quarter Operational Update
7/12/2021 - Obsidian Energy is pleased to report strong production results for the second quarter of 2021, supported by our nine-well first half 2021 development program now on stream. Based on preliminary estima...
ROK Resources Announces Upcoming Development Drilling Program
7/7/2021 - As per previous press releases, ROK has completed a series of acquisitions including the acquisition of producing assets in the Glen Ewen area effective June 2020 and the Florence area effective April...
Saturn Oil & Gas Announces Initiation of Field Development
7/6/2021 - - Saturn commences development drilling and workover program in SE Saskatchewan
- Kevin Smith joins the leadership team as Vice President Corporate Development
- Special warrants have conv...

Camp Building Cleaning Equipment, Services Communication Corrosion Products/Services Development Exploration Food Supplies General Labor Services Land & Leasing Mine Clearance Oil & Gas Companies Production Service Companies Skilled Labors Transportation, 4X4 Trucks Utility Systems Waste Disposal Water Supply Services Welding Products/Services
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.