Exploration & Production | Oil Sands | Oil Sands Projects | SAGD
Silverwillow Reduces Staff for 2014, Reviewing Strategy
Print
|
SilverWillow Energy Corporation has announced that its Board of Directors has approved a reduction in staffing levels to align human resources with current levels of activity.
SilverWillow will also take further steps to reduce general and administrative costs; however, the current executive officers of the Corporation will remain in their existing positions. It is anticipated that these measures will allow the Corporation to continue operations to the end of 2015 with current cash resources.
In March of 2014 SilverWillow announced that its Board of Directors had commenced a process to consider strategic and financial alternatives available to the Corporation with the objective of enhancing shareholder value. That process is ongoing and the Corporation cautions that there are no assurances…
- ✓ 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…