Exploration & Production | Top Story
Blackbird Touts Montney Position in Alberta's Greater Karr Region

Blackbird Energy Inc. has established a Montney land position in the Greater Karr area of Alberta through the acquisition of 7,680 net acres of Montney Petroleum & Natural Gas Rights by its wholly-owned subsidiary, Ruger Energy Inc. (see slides below)
Garth Braun, President and CEO of Blackbird stated: "These land acquisitions further cement Blackbird's go-forward strategy of originating new oil projects. These Montney lands are going after the same resource that some significant industry players have begun to target such as Shell, EnCana, Kelt Exploration, Canadian International Oil Corp, and Sinopec Daylight Energy. Blackbird specifically focused on the activity currently in the area surrounding these lands by Kelt Exploration and Canadian International Oil Corp. which have drilled a…
- ✓ 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…