oil & gas assets

Canadian Scout

Serving the Canadian E&P market with news, analysis and business opportunities.

Canadian Scout
The Canadian Scout (blue banner report) covers news and analysis on the Canadian exploration and production (E&P) sector including new well discoveries, drilling activities, acreage sales, industry statistics (drilling results, activity permits & intents to drill) and technological updates. Besides composite E&P news, the Canadian Scout also carries market insight, analyst comments and respected featured interviews with leading E&P executives.

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  • Every 3 weeks
  • Latest in exploration, discoveries, resource plans, land grabs, volumes, development projects & trends
  • Access to archives covering E&P
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News Date
Hemisphere reserves increase 21% YOY
Hemisphere Energy spent only $2.4 million in 2016 but was able to add 823,000 boe to its 2P reserve base. This puts the company’s total 2P position at 4.6 MMboe, split between its assets in south and...
Mar 16, 2017
Point Loma to restart drilling in H1
Point Loma Resources will resume drilling horizontal wells in H1, targeting the West Cove Nordegg oil pool and the Upper and Lower Mannville in Alberta’s Paddle River region. The company will also...
Mar 16, 2017
Zargon production drops 33% from 3Q16
Zargon Oil &Gas's 4Q16 production was 2,449 boe/d (80% liquids), a 33% drop from 3Q16 due to divestiture of the company’s southeast Saskatchewan and Killam, Alberta properties. Production in Q4...
Mar 16, 2017
A tale of two oil industries
Q1 earnings season and release of government data by AER (PG. 18) shows that two different Canadian oil and gas industries are emerging from the downturn. The first consists of small-to-mid-sized...
Mar 13, 2017
Canadian Scout - People & Companies - March 13, 2017
Bellatrix Exploration appointed Brent Eshleman as president and CEO, a position that he has held on an interim basis since November when Raymond Smith announced his retirement. Smith held these...
Mar 13, 2017
BC Feb. land sales sees more interest in Montney
British Columbia’s February land sales netted $3.69 million, driven by industry interest in the Montney formation. A total of 8,177 hectares were sold at an average price of $451.33 per hectare....
Mar 13, 2017
Alberta regulator's data shows diverging industry trends
Alberta Energy Regulator expects oil and gas investment across Alberta to rise by just $200 million in 2017 to total $26.2 billion. Although this is basically flat YOY from 2016, it is clear that...
Mar 13, 2017
Exxon confident oil sands projects will resume     
Despite ExxonMobil writing off 3.5 Bbbl of bitumen reserves at its Canadian oil sands assets in February, the supermajor isn’t looking to abandon such projects altogether. At the company’s analyst...
Mar 13, 2017
Canada oil sands become less foreign
Canada’s oil and gas sector is starting to recover, but not all parts are being revived equally. Canadian Natural Resources Ltd.'s $12.7 billion acquisition of a 17% stake in Shell and Marathon Oil's...
Mar 13, 2017
Bellatrix running three rigs ahead of spring breakup
Bellatrix Exploration launched its 2017 drilling program with two rigs in January, but decided to add a third in February in order to ensure completion of H1 goals ahead of spring breakup. These...
Mar 13, 2017

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