comparemela.com

Latest Breaking News On - Horse oil gas ltd - Page 2 : comparemela.com

Whitecap Returns to Profitability on Canada Oil, Gas Acquisitions and Higher Prices

Whitecap Returns to Profitability on Canada Oil, Gas Acquisitions and Higher Prices Improved prices for increased oil, natural gas and liquids volumes, achieved in part on corporate takeovers, fueled a return to profitability by Canadian producer Whitecap Resources Inc. in the first three months of this year. Whitecap oil production volumes grew year/year to 64,795 b/d from 56,631 b/d, with natural gas volumes hitting 129 MMcf/d from 70.5 MMcf/d. Natural gas liquids (NGL) volumes increased to 9,508 b/d from 5,077 b/d. Volume growth resulted from takeovers last year of Torc Oil & Gas Ltd. and NAL Resources Ltd. Whitecap set its stage for further growth with a deal in early April to acquire Kicking Horse Oil & Gas Ltd., which has a portfolio of Montney Shale gas and NGL assets.

Whitecap touts carbon capture growth opportunities, reports Q1 record production

A pumpjack is silhouetted against the setting sun in Oklahoma City, March 22, 2012. Whitecap Resources Inc. is pleased to report on our very strong first quarter financial and operating results with record production of 95,828 boe/d, 5% higher than our original forecast of 90,000 – 92,000 boe/d on capital investments of $119 million, which was 7% lower than our forecast of $125 - $130 million. THE CANADIAN PRESS/AP-Sue Ogrocki CALGARY The CEO of Whitecap Resources Inc. says his company is working to expand its ability to capture, store and use carbon dioxide to enhance oil recovery in spite of Ottawa s decision to exclude such projects from proposed investment tax credits in its recent budget.

Canada s Whitecap Resources to buy Kicking Horse Oil & Gas for C$300 million

Canada s Whitecap Resources to buy Kicking Horse Oil & Gas for C$300 million
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.