Thursday, December 26, 2024
Ovintiv strengthens portfolio with core oil-rich Montney asset acquisition- oil and gas 360

Ovintiv strengthens portfolio with core oil-rich Montney asset acquisition

(Oil & Gas 360) – Transaction to Significantly Expand Existing Montney Premium Oil Inventory, Company to Exit Uinta Basin with Asset Sale Highlights: Agreement reached to acquire approximately 109,000 net acres and approximately 70 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of the Alberta Montney for $2.377 billion (C$3.325 billion) Acquisition will add approximately 900 total

NuVista Energy: Building Wapiti Montney Production, Capacity

Focused on condensate-rich gas plays in Alberta and British Columbia, NuVista Energy Ltd (ticker: NVA) has been and continues to develop strong assets within the Montney gas play. The majority of NuVista’s activity is centered in the Wapiti Montney—where it holds approximately 135,000 gross acres with an 86% working interest. In addition to its core Wapiti Montney assets, NuVista holds

Big Opportunity for Canadian E&Ps

Canada stands front and center as the primary trade partner to the U.S. In fact, the U.S. gets a whopping 96.4% of its natural gas imports from Canada. But the opportunities to further expand Canada’s oil and natural gas exports to the U.S. are immense and Canadian E&Ps are responding. Horizontal drilling in Canada’s shale plays has only recently started

Montney Player Blackbird Energy: an Exclusive Interview with CEO Garth Braun

Blackbird: looking at 2 tons per linear meter, coarser proppant, 40 stages Blackbird Energy (ticker: BBI) is a technology-focused oil and gas exploration and development company working in the liquids-rich Montney fairway at Elmworth, near Grande Prairie, Alberta. Blackbird holds a 100% working interest in 83.75 sections of highly prospective Montney rights. Blackbird Energy’s Chairman and CEO Garth Braun spoke to Oil

Blackbird Energy Takes a Big Step Towards Acreage Delineation with Successful Montney Well

An Exclusive Interview with Garth Braun, Chairman, President and CEO of Blackbird Blackbird Energy (ticker: BBI, www.blackbirdenergyinc.com) is in the early stages of developing its 75 sections (48,000 acres) of the Montney fairway in Alberta, but results from its 2-20-70-7W6 well indicate there may be plenty of running room ahead. In a company release issued on January 28, 2016, Blackbird

Blackbird Energy Interview with Garth Braun CEO

Garth Braun, President and Chief Executive Officer of Blackbird Energy Inc., speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. Blackbird Energy Inc., a junior oil and gas company, engages in the acquisition, exploration, development, and production of petroleum and gas properties in western Canada and has more than 51,000 net

Meritage Midstream Expanding Infrastructure in Western Canada’s Montney Shale

Meritage Midstream to provide 75 MMcf/d of gas gathering and processing in Canada Meritage Midstream Services announced that its Canadian affiliate, Meritage Midstream Services III, has entered into a definitive agreement with Canadian International Oil Corporation (CIOC) to build natural gas gathering, compression and processing assets and crude oil gathering assets to support the development of CIOC’s Montney and Duvernay