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Varcoe: Tamarack Valley boosts presence in Clearwater play with $1.4B takeover of Deltastream

The deal expands Tamarack’s footprint in the growing Clearwater heavy oil play in north-central Alberta ....

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Varcoe: Tamarack Valley lands $1.4B takeover of Deltastream Energy

The deal expands Tamarack’s footprint in the growing Clearwater heavy oil play in north-central Alberta ....

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Canada's Tamarack Valley Expanding Clearwater Portfolio with Rolling Hills

Tamarack Valley Energy Ltd. is growing its footprint in oil-rich territory east of the Alberta capital in Edmonton with a deal to acquire Rolling Hills ....

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Mid-Year Forecast: Canadian operators remain wary of potential risks

Although there are some hopeful signs that a recovery may be on the way for Canada’s oil patch, the ongoing global pandemic, misguided politicians, and skittish markets have left producers wary and risk-averse. ....

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Proactive Oil & Gas weekly round-up: Challenger Energy Group PLC, United Oil & Gas PLC, Mosman Oil and Gas Ltd, Jersey Oil and Gas PLC, i3 Energy PLC, TomCo Energy PLC

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It was a short but active week for the small-cap oil and gas sector.
Challenger Energy Group PLC (LON:CEG) – the company formerly known as Bahamas Petroleum - revealed results from the top section of the Saffron-2 well have been in-line with expectations.
The well has so far been completed to a depth of 1,593 feet, on time and on budget, and has encountered the Upper Cruse and upper parts of the Middle Cruse formations. Logs for the sections are ‘as prognosed’ and consistent with comparable logs from Saffron-1, the company noted.
Drilling will now progress deeper to evaluate the deeper Middle Cruse, and then the Lower Cruse. ....

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