Exploration & Production | Operational Updates
Hawk Exploration Plans 4 Vertical Test Wells
Print
|
Hawk Exploration Ltd. has announced its results for the three months ended March 31, 2014.
HighlightsHighlights for the three months ended March 31, 2014 were as follows:
Achieved record production of 702 boe/d of production in the first quarter of 2014, a 13% increase over the 624 boe/d average production in the first quarter of 2013; Generated funds flow from operations of $1.8 million in the first quarter of 2014, a 46% increase from the $1.2 million in funds flow in the first quarter of 2013; Drilled four (4.0 net) vertical wells in the first quarter of 2014 resulting in three (3.0 net) oil wells and one (1.0 net) dry and abandoned well; Increased Hawk's operating netback in the first quarter of 2014 by 30% to $35.59 per boe over the fourth quarter of 2013 and by 43% over the first…- ✓ 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…