Canadian Oil & Gas Company Weekly Update

Interesting News

  • Enhance Energy Inc working with Tuxtla Gas Engineering Ltd. large compressor upgrade oil battery 04-15-040-24W4
  • CNRL 28 new well permits we are seeing an increase in the BANTRY area.
  • TORXEN RESOURCES LTD. 17 new well permits, 13 of the permits related to well pads
  • Encana new 8 well pad permit approved 10-24-071-09W6
  • Arc resources 8 well permit approved 01-24-065-25W5
  • Baytex Energy Corp. operating 14 different drilling rigs
  • Crescent Point operating 10 different rigs
  • Teine Energy operating 7 different rigs

First Facility License since Feb 1 2019 (or greater)

  • Enhance Energy Inc_Licence Amendment_Oil battery – multiwell _AB_04-15-040-24W4
  • WINSLOW RESOURCES INC._Licence Amendment_Compressor station_AB_08-16-079-10W6

First Well License since Feb 1 2019 (or greater)

  • CERTUS OIL AND GAS INC._AB_RED DEER_MEDICINE_14-12-038-05W5_NONE
  • Prairie Storm Energy Corp._AB_RED DEER_WILLESDEN_04-36-042-07W5_CRUDE OIL
  • Resourceful Petroleum Canada Limited_AB_DRAYTON VALLEY_PEMBINA_02-07-045-03W5_GAS
  • Rife Resources Ltd_AB_BONNYVILLE_LINDBERGH_08-27-054-06W4_CRUDE OIL
  • WOLF LAKE ENERGY LTD._AB_WAINWRIGHT_LLOYDMINS_16-26-049-02W4_CRUDE OIL
  • XENOTIME ENERGY INC._AB_WAINWRIGHT_VERMILION_01-28-050-05W4_CRUDE OIL
  • HIGHROCK ENERGY LTD._SK_Estevan_FROBISHER BEDS_04-06-007-05W2_CRUDE OIL
  • Mosaic Potash Esterhazy Limited Partnership_SK_Estevan_DAWSON BAY FORMATION_12-09-019-32W1_Grout Well

First Wells Drilled Since Feb 1 2019 (or greater)

  • Primavera Resources Corp._BC_BC_DLS: B 12-19-084-20_GAS
  • Rising Star Resources Ltd._AB_Grande Prairie__CRUDE OIL
  • SPECTRUM RESOURCE GROUP INC._SK_Estevan_14-16-006-06W2_CRUDE OIL

Rigs First Time Drilling Since Apr 1 2019

  • Altura Energy Inc._Precision 239_AB_Midnapore_ENTICE_08-14-023-25W4
  • Bonterra Energy Corp._Ironhand 1_AB_DRAYTON VALLEY_PEMBINA_08-22-046-07W5
  • Crescent Point Energy Corp._Horizon 46_AB_ST. ALBERT_PEMBINA_05-32-045-01W5
  • NEP Canada ULC_Ensign 32_AB_ST. ALBERT_LEDUC-WOODBEND_14-16-051-26W4
  • Peyto Exploration and Development Corp._Savanna 616_AB_DRAYTON VALLEY_STOLBERG_13-31-043-14W5
  • Rising Star Resources Ltd._Precision 152_AB_Grande Prairie__
  • Tamarack Valley Energy Ltd_Tempco 7_AB_ST. ALBERT_UNDEFINED_05-20-063-26W4
  • Tangle Creek Energy Ltd_Savanna 638_AB_GRANDE PRAIRIE_WASKAHIGAN_09-05-064-23W5
  • Tervita Corporation_Trinidad 48_AB_GRANDE PRAIRIE_KAKWA_08-33-061-04W6
  • Whitecap Resources Inc._Precision 196_AB_DRAYTON VALLEY_PEMBINA_09-29-049-11W5
  • Primavera Resources Corp._Horizon 21_BC_BC__DLS: B 12-19-084-20
  • Crescent Point Energy Corp._Savanna 418_SK_Swift Current_LOWER SHAUNAVON MEMBER_03-11-006-20W3
  • Crescent Point Energy Corp._Precision 146_SK_Estevan_BAKKEN FORMATION_02-21-008-05W2
  • Midale Petroleums Ltd_APEX 1_SK_Estevan_TILSTON BEDS_11-24-005-09W2
  • TORC Oil & Gas Ltd_Trinidad 428_SK_Estevan_MIDALE BEDS_02-34-006-10W2
  • Whitecap Resources Inc._Savanna 416_SK_Swift Current_RUSH LAKE FORMATION_06-11-017-18W3

Other News

  • ARC Resources Ltd. announced that has approved a reduction to the Company’s 2019 capital expenditure program, from $775 million to $700 million. 2020 capital expenditures are expected to be in the range of $550 million to $625 million.