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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Spartan wraps up life as a standalone explorer
In its full last quarter as a standalone company, Spartan Energy drilled 52 development wells (76% WI) and brought 50 wells (82% WI) on production in Q1, with six wells (40% WI) remaining to be...
Jun 05, 2018
TransGlobe shuts in Canadian production in May
TransGlobe Energy shut in the bulk of its Canadian production in May because of a planned turnaround at its main third-party gas processing plant in Harmattan. To coincide with the shut-in the...
Jun 01, 2018
Zargon eyes lower output on shut-ins & deferred spending
Zargon Oil & Gas has pushed back spending on its capital programs to Q3 because of tighter cash flows brought about by high differentials and the shutin of gas wells made uneconomic due to low...
Jun 01, 2018
Alvopetro signs deals for development of Caburé field
Brazilian operator Alvopetro Energy has finalized the terms of a unitization agreement and unit development plan for its Caburé gas field and has signed a long-term sales agreement for its share...
Jun 01, 2018
Oryx has four new Kurdistan wells on tap for Q2
Oryx Petroleum expects to spud new wells targeting the Cretaceous reservoir at its Zey Gawra field and the Tertiary reservoir at its Banan field, both in the Kurdistan region of Iraq, sometime in...
Jun 01, 2018
Valeura plans focus on Turkey’s Thrace Basin
Valeura Energy plans to focus its near-term attention on appraising and de-risking the basin centered gas accumulation it discovered with its Yamalik-1 well. Yamalik-1 was designed as the company’s...
Jun 01, 2018
Trans Mountain project appears close to resolution
As the May 31 deadline set by Kinder Morgan to receive clarity on the fate of its Trans Mountain pipeline expansion drew near, the federal government breathed some new life into the project by...
Jun 01, 2018
Corridor sees Q1 output increase on shut-in strategy
Corridor Resources saw its Q1 output average 9.9 MMcf/d, up 37% YOY primary due to higher production from its McCully field in New Brunswick. The company employed a strategy of nearly complete...
Jun 01, 2018
BC land sale sees just two parcels acquired for $1.37MM
The May 16 land sale in British Columbia saw industry picking up just two parcels for a total $1.37 million. The bulk of the proceeds came from the 2,331-hectare parcel acquired by broker Scott Land...
Jun 01, 2018
East Duvernay interest drives Alberta land sale
The May 16 land sale in Alberta took in $26.3 million for the province, with 88,378 hectares being acquired at an average $298 per hectare. The sale was nearly three times the $9.1 million raised at...
Jun 01, 2018

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