Operational Updates
Angle Energy Frist Quarter Cardium Operational Update
Print
|
Angle Energy Inc. (“Angle” or the “Company”) (TSX: NGL) is pleased to provide an update of the first quarter operational activities accomplished to March 21, 2012, prior to Spring break up.
CARDIUM LIGHT OIL PROGRAM
Harmattan Cardium
The Cardium light oil play in Harmattan is an exciting, 100% working interest, low risk, horizontally drilled development program which is expected to provide the majority of Angle’s targeted light oil growth in 2012. Angle’s activity on the play to date is the following: 4 wells completed using slick water fracs and placed on production (1 well in 2011 and 3 wells in 2012), 2 additional wells drilled and rig released and 4 additional wells currently drilling on pads.
The Company expects to have drilled a total of 12 wells out of the planned 17 well 2012…
- ✓ 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…