Exploration & Production | Operational Updates | Industry News
Angle Energy Amps Up Light Oil Reserves 113%
Print
|
Angle Energy Inc. has reported a significant increase to its 2012 year-end oil reserves and top tier capital efficiencies in its oil reserve additions.
2012 Year-End Reserve Report HighlightsThe following highlights are calculated using the estimated and unaudited financial results of 2012, pro forma the Edson gas asset disposition which closed on January 9, 2013. Additional reserve information as required under NI 51-101 will be included in the Company's Annual Information Form which will be filed on SEDAR by March 31, 2013. GLJ Petroleum Consultants (GLJ), an independent reserve engineering firm, evaluated Angle's December 31, 2012 reserves.
Total proved plus probable reserves are 60.9 million barrels of oil equivalent, "boe", with an increase in light oil reserves of 113%, from 5.2…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…