Exploration & Production
Canadian Spirit Resources Looks to British Columbia for Future Growth
Print
|
Canadian Spirit Resources Inc. has announced the release of its interim financial results and Management Discussion and Analysis for the three and nine month periods ended September 30, 2013.
ProductionSales volumes of natural gas during the nine months ended September 30, 2013 averaged 1.3 MMcf/d (net) (2012: 1.8 MMcf/d (net)).
The Corporation has 5 (1.75 net) Montney wells being produced through its 10 MMcf/d (3.5 MMcf/d net) gas plant located on the western portion of its lands at Farrell Creek, British Columbia.
Farrell Creek OutlookFarrell Creek represents a significant natural gas resource in the Montney Formation. CSRI has identified that over 1,100 gross well locations will be required to recover a portion of approximately 5 Tcf (net to CSRI) of natural gas-in-place. CSRI…
- ✓ 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…