Exploration & Production | Drilling & Completions
Questerre Wraps Up Shale Drilling at Pasquia Hills
Print
|
Questerre Energy Corporation reported that it has completed the second core hole drilling program to assess its oil shale licenses in the Pasquia Hills region of Saskatchewan.
Michael Binnion, President and Chief Executive Officer, commented, "The core data is consistent with a large oil shale resource at Pasquia Hills. We believe the Red Leaf EcoShale In-Capsule process is a competitive advantage to exploit this resource. We will finalize our resource assessment for Pasquia Hills while Red Leaf completes their in-field work at Utah in advance of building their first capsule."
The program was designed to evaluate the eastern block, known as the Wildcat Hills block, covering 42,572 net acres. A total of 653m of continuous core was obtained from six new wells drilled primarily with 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…