Canadian Oil & Gas Companies Weekly Update Oct 23 2019

Interesting News

  • Insignia Energy Ltd. compressor project 14-27-077-11W6 working with Endeavour Projects Ltd.
  • AQT Water Management Inc. new water disposal facility 06-11-033-26W4
  • Crescent Point Energy 2nd week in a row facility permit for existing SK compressor station 3-20-7-8W2
  • Encana & NAL added a total of 6 wells to existing GP pads (12-28-063-23W5 & 01-04-069-25W5)
  • Alphabow Energy Ltd. adding 2 new wells to exiting pad located 06-11-043-26W4
  • Rolling Hills Energy 4 news well permits existing pad 04-27-034-03W4
  • Karve Energy Inc. 6 new well license provost area
  • Alert – Pemoco has a positive alert new well permits should be adding two rigs
  • Alert – Serafina Energy most of the well permits are in Q4 for a Q1 drilling program they are trending positive.

First Facility License since Feb 1 2019 (or greater)

  • AQT Water Management Inc._New Licence_Injection/disposal facility – water _AB_06-11-033-26W4

First Well License since Feb 1 2019 (or greater)

  • Canasea Oil and Gas Ltd_SK_Swift Current_SHAUNAVON FORMATION_07-21-008-18W3_CRUDE OIL
  • Coalspur Mines (Operations) Ltd_AB_DRAYTON VALLEY_ANDERSON_10-16-051-23W5_WATER

First Wells Drilled Since Feb 1 2019 (or greater)

  • Exshaw Oil Corp_AB_GRANDE PRAIRIE_VALHALLA_11-06-077-07W6_CRUDE OIL
  • Gryphon Petroleum Corp_AB_MEDICINE HAT_REAGAN_14-35-001-20W4_CRUDE OIL
  • Journey Energy Inc_AB_MEDICINE HAT_CESSFORD_15-29-023-13W4_CRUDE OIL
  • Sojourn Energy Inc._SK_Kindersley_TORQUAY FORMATION_05-27-035-26W3_CRUDE OIL

Rigs First Time Drilling Since Apr 1 2019

  • None

Other News

  • Saturn Oil & Gas average per well cost to drill, complete, equip and tie-in was $980,000