Tuesday, February 11, 2025

Conventional Drilling in “Canada’s Delaware” Unlocks New Value

Razor Energy announces Kaybob acquisition Calgary-based Razor Energy Corp. (ticker: RZE) announced Wednesday that it entered into an agreement to acquire assets in Kaybob, located in west central Alberta, for $9.6 million. The assets compliment Razor’s existing Swan Hill assets and increase the company’s asset base for reactivation and re-entry opportunities in the Montney formation, which has several stacked layers

Encana Sees Liquids-Rich Montney as Key to its Gas Development

Condensate wells producing 1,200 BPD; ECA will have seven rigs targeting 70-80 Montney wells in 2017 Encana (ticker: ECA) is on track for developing its Montney assets, according to a Wednesday release from the company. Encana owns 384,000 net acres in British Columbia and Alberta in the heart of the Montney core. The company is prioritizing condensate-rich wells for future

Abu Dhabi’s Oil Co. Wants to Sell Canadian Wells

Sale would provide capital for development Taqa, Abu Dhabi’s NOC, is looking to sell some of its assets in North America, according to a report by Bloomberg. Founded in 2005, Taqa is Abu Dhabi’s primary energy holding company. The company operates or has interest in oil and gas operations in the North Sea, Iraq and North America. Average production from