Ovintiv Inc. is increasing the number of wells it drills per section on the Grande Prairie Montney acreage acquired from Paramount Resources Ltd., potentially adding up to 600 additional well locations in the process, chief operating officer Greg Givens said in its year-end earnings call.
With the close of its NuVista Energy Ltd. acquisition and the planned sale of its Anadarko assets in February, Ovintiv Inc. heads into 2026 as a streamlined company focused on the Permian Basin and Montney resource plays.
Buoyed by the potential of northwest Alberta and northeast B.C. plays to fuel LNG demand, Trican Well Service Ltd. is looking for acquisitions, says the company's top executive.
Trican Well Service Ltd. has approved a capital budget of $122 million for 2026.
After being no more than a sketch on a napkin in 2021, Edmonton-based Aurora Hydrogen has come a long way fast developing its microwave-based methane pyrolysis technology.
Cenovus Energy Inc. continues growing production at its Lloydminster heavy oil assets, with the next phase of development a solvent project at its Spruce Lake North SAGD operations on the Saskatchewan side of the border, executives said at its year-end 2025 earnings call.
InPlay Oil Corp.’s board of directors has approved a capital program of $66–$74 million for 2026.
Enbridge Gas is announcing a new capacity non-binding open season for bids for firm gas transportation services beginning as early as Nov. 1, 2029.
Avanti Helium Corp. has executed a definitive agreement with an established helium technology provider for the relocation, installation, and commissioning of an existing, operational helium processing plant at its Sweetgrass helium project in Montana.