Exploration & Production
Sonde Resources Releases Test Data From Montney Exploration Well
Sonde Resources Corp., announced that it performed a 5-day production test on its first Montney exploration well, the 4-19-67-26W5 HZ in the Ante Creek North area.
The well was drilled and cased to a measured depth of 3,350 meters, and stimulated using a ball-drop system with 8 stages of gelled propane. Unusually high permeability was encountered, and near the end of the flowback period, after recovering approximately 54% of load propane, the well flowed at rates averaging 1,200 bbl fluid plus 1.8 MMcf total gas per day, with formation hydrocarbon rates of 120 bbl of 41.6 API gravity oil plus 1.3 MMcf gas (334 boe / day). Total cost to drill, case, stimulate and test the well was approximately $4.3 MM.
Sonde has shut-in the well for a required build-up test, and is planning an extended…
- ✓ 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…