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  • Clearwater heavy oil producer achieves significant savings with newly developed emulsion breaker
    by BOE Report Staff on January 14, 2025 in News, Baytex Energy

    SECURE substantially enhanced heavy oil producer, Baytex Energy’s operation in northern Alberta by developing new oil dehydrating technology. Producing up to 2,300 m³ of oil daily from 15 wells, the operations faced high water content in its oil, requiring extensive and costly transportation to meet pipeline specifications. With two trucks running 24/7 and retention times [Read more]

  • January 8th Alberta Crown Land Sale totals $16.4 MM – one parcel drives 39% of the total bonus – BOE Intel
    by Dan Rutherford on January 14, 2025 in News, BOE Intel

    The Alberta Government brought in $16.4 MM on its January 8th Crown land sale. In total, 35,817.21 hectares were sold at an average price of $458.43/ha. Click here to see the full land sale results on BOE Intel. There was one parcel of land in particular that was a big percentage of the overall bonus. [Read more]

  • Tamarack Valley Energy Announces Monthly Dividend Declaration and NCIB Renewal
    by CNW on January 14, 2025 in News, Tamarack Valley

    CALGARY, AB, Jan. 14, 2025 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce the declaration of its monthly dividend and renewal of its normal course issuer bid (“NCIB“). Dividend Declaration Tamarack’s Board of Directors has declared a monthly cash dividend on its common shares (“Common Shares“) of C$0.01275 [Read more]

  • Obsidian Energy Announces 2024 Operations Update and Commencement of 2025 Drilling Program
    by Newsfile on January 14, 2025 in News, Obsidian Energy

    Estimated 2024 average production of approximately 37,450 boe/d exceeded the top end of our guidance range Completion of 2024 capital program provided furthers delineation of Peace River acreage Successful results from first wells drilled in new Peavine and Gift Lake areas in Peace River with the Peavine 8-13 Pad achieving an average 30-day initial production [Read more]

  • Parex Resources Announces 2025 Guidance and Production Update
    by Globe Newswire on January 14, 2025 in News

    CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2025 guidance, announce that its syndicated credit facility has been increased, as well as provide its Q4 2024 average production. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Key [Read more]