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Pengrowth Energy announced that it is once again in compliance with the NYSE following its May 17, 2017 notice of its non-compliance after the average share price fell below $1.00 for 30 days.
More Government & Regulatory News
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…
Dallas Fed Energy Survey: What Oil and Gas Executives Are Really Saying
The latest Dallas Fed Energy Survey shows a U.S. oil and gas industry that is not collapsing—but is clearly constrained. Executives are operating in a defensive posture, focused…
MEG Energy Rejects Strathcona Resources' $6 Billion Takeover Offer
MEG Energy Rejects Strathcona Resources' $6 Billion Takeover Offer Overview of the Offer: Bidder: Strathcona Resources Ltd. Offer: 0.62 Strathcona shares + $4.10 in cash per MEG share…
PDC Energy Second Quarter 2022 Results
PDC Energy, Inc. announced its 2022 second quarter financial and operating results, and provided second half 2022 guidance. The company also announced receiving Completeness Determination on the Guanella…
PDC Energy's 69-Well Kenosha Project Approved by COGCC
PDC Energy Inc. reported that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Company's Kenosha Oil & Gas Development Plan (OGDP) permit application. The Kenosha OGDP,…
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…