Canadian Oil & Gas Companies Weekly Update

Interesting News

  • Secure Energy Services new permit for Injection/disposal facility 03-05-071-08W6
  • Cequence Energy Ltd. adding new compressor to existing facility 01-32-061-26W5 working with Onstream Engineering Ltd.
  • Shell Canada new permit for compressor station 03-22-025-06W5 working with Clearstream Environmental Consulting Service Inc.
  • K+S Potash & Mosaic Potash added significant new well permits last week
  • CNRL 30 new well permits BONNYVILLE area
  • XTO 4 new permits for new well pad 11-14-060-20W5
  • Karve Energy Inc. 4 new well permits for a new 4 well pad 07-15-036-08W4

First Facility License since Feb 1 2019 (or greater)

  • Cor4 Oil Corp._New Licence_Compressor station _AB_04-06-018-11W4
  • Secure Energy Services Inc_New Licence_Injection/disposal facility – water < 0.01 mol/kmol H2S in inlet stream,g0,O0,C0,W700,S0,ENV,PUMP(S), TANK(S)_AB_03-05-071-08W6
  • TEINE ENERGY LTD._New Licence_EOR Injection_SK_01-17-032-21W3
  • Osum Oil Sands Corp_Licence Amendment_Bitumen battery – multiwell_AB_13-16-064-03W4
  • Mancal Energy Inc_Licence Amendment_Oil satellite – single or multiwell_AB_13-23-091-13W5

First Well License since Feb 1 2019 (or greater)

  • Shackleton Exploration Ltd_AB_ST. ALBERT_FERINTOSH_01-21-044-20W4_CRUDE OIL
  • CLEO Energy Corp_AB_WAINWRIGHT_WAINWRIGHT_08-05-045-07W4_CRUDE OIL
  • POINT LOMA ENERGY LTD._AB_ST. ALBERT_WIZARD LAKE_01-17-048-27W4_CRUDE OIL
  • Persta Resources Inc_AB_DRAYTON VALLEY_LOVETT RIVER_10-33-045-19W5_GAS
  • Spur Petroleum Ltd._AB_ST. ALBERT_UNDEFINED_06-12-088-15W5_CRUDE BITUMEN
  • K+S Potash Canada General Partnership_SK_Swift Current_PRAIRIE EVAPORITE_11-31-019-24W2_Potash Solutioning Well
  • Weil Group Canada, Ltd._SK_Swift Current_DEADWOOD FORMATION_09-09-005-08W3_Helium Well

First Wells Drilled Since Feb 1 2019 (or greater)

  • Western Potash Corp_7/18/2019_SK_Estevan_PRAIRIE EVAPORITE_12-20-014-17W2_Potash Solutioning Well
  • Advantage Oil and Gas Ltd._7/14/2019_AB_GRANDE PRAIRIE_VALHALLA_01-05-077-09W6_GAS
  • Prairie Storm Energy Corp._7/16/2019_AB_RED DEER_WILLESDEN_04-36-042-07W5_CRUDE OIL
  • HIGHROCK ENERGY LTD._7/15/2019_SK_Estevan_FROBISHER BEDS_04-06-007-05W2_CRUDE OIL
  • Rife Resources Ltd_7/17/2019_SK_Lloydminster_MCLAREN MEMBER_02-07-049-25W3_CRUDE OIL
  • Mosaic Potash Esterhazy Limited Partnership_7/16/2019_SK_Estevan_DAWSON BAY FORMATION_12-09-019-32W1_Grout Well

Rigs First Time Drilling Since Apr 1 2019

  • Gear Energy Ltd_Ensign 361_AB_WAINWRIGHT_WILDMERE_01-18-048-05W4_CRUDE OIL
  • Baccalieu Energy Inc_Horizon 2_AB_RED DEER_WILLESDEN_04-21-040-05W5_CRUDE OIL
  • Canadian Natural Resources Limited_Horizon 22_AB_GRANDE PRAIRIE_WEMBLEY_12-01-072-09W6_CRUDE OIL
  • Advantage Oil and Gas Ltd._Horizon 30_AB_GRANDE PRAIRIE_VALHALLA_01-05-077-09W6_GAS
  • Jupiter Resources Inc_Nabors 60_AB_DRAYTON VALLEY_SMOKY_03-11-059-02W6_GAS
  • ARC Resources Ltd_Precision 187_AB_DRAYTON VALLEY_PEMBINA_05-21-049-07W5_CRUDE OIL
  • Whitecap Resources Inc._Precision 403_AB_GRANDE PRAIRIE_WAPITI_05-07-067-08W6_CRUDE OIL
  • Western Potash Corp_Akita 29_SK_Estevan_PRAIRIE EVAPORITE_12-20-014-17W2_Potash Solutioning Well
  • Mosaic Potash Esterhazy Limited Partnership_Ensign 89_SK_Estevan_DAWSON BAY FORMATION_12-09-019-32W1_Grout Well
  • Western Potash Corp_Horizon 27_SK_Estevan_PRAIRIE EVAPORITE_12-20-014-17W2_Potash Solutioning Well
  • Rife Resources Ltd_Precision 157_SK_Lloydminster_MCLAREN MEMBER_02-07-049-25W3_CRUDE OIL

Other News

  • Prairie Provident’s efficient and disciplined 2019 capital budget of $14.2 million is expected to be funded with internally-generated adjusted funds flow.
  • Karve Energy Inc. (“Karve” or the “Company”) is pleased to announce that it has closed the acquisition of High Ground Energy Inc. (the “Acquisition”) effective July 15, 2019.
  • Suncor Energy Inc. 76% increase in drilling last 60 days compared to same period last year
  • Chevron Canada Resources 90% increase in drilling last 60 days compared to same period last year
  • TORXEN RESOURCES LTD. 62% increase in drilling last 60 days compared to same period last year
  • Nexen-CNOOC 94% increase in drilling last 60 days compared to same period last year
  • Deltastream Energy Corporation 100% increase in drilling last 60 days compared to same period last year
  • Crescent Point Energy Corp. 20% increase in drilling last 60 days compared to same period last year
  • Caltex Resources Ltd. 79% increase in drilling last 60 days compared to same period last year
  • Serafina Energy Ltd 53% increase in drilling last 60 days compared to same period last year
  • Devon Canada Corporation 58% increase in drilling last 60 days compared to same period last year
  • Hemisphere Energy Corporation 67% increase in drilling last 60 days compared to same period last year
  • Velvet Energy Ltd 100% increase in drilling last 60 days compared to same period last year