Athabasca Oil Corporation (ATH.TO) announced the sanction of its Hangingstone 1 SAGD Project and reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to ...

Calgary, Alberta--(Newsfile Corp. - October 6, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce the ceremonial opening of our Reford Steam-Assisted Gravity ...

Generate adjusted funds flow (1) of $217 million (2) ($1.30 per diluted share) at US$70 WTI; Average annual production of 21,300 to 21,700 boe/d for 2025 with exit 2025 production in excess of 24,500 ...

Oil sands projects have long been characterized by high capital requirements and production costs. Even though production costs have drastically decreased over the past two years, most expansion ...

We recently published a list of 10 Best Performing Energy Stocks in 2024. In this article, we are going to take a look at where Greenfire Resources Ltd. (NYSE:GFR) stands against other best performing ...

Athabasca Oil Corp. (AOC), Calgary, said bitumen production from its Hangingstone 1 steam-assisted gravity drainage oil sands project in Alberta has reached 8,000 b/d and is on track to reach design ...

Imperial Oil Ltd. expects production to begin in 2020 from its Aspen oil sands development 45 km northeast of Fort McMurray, Alta., where it will use thermal recovery with water consumption and ...

-- We are assigning our 'BBB+' issue-level rating to Cenovus Energy Inc.'s proposed US$1 billion-US$1.25 billion debt issue. Sign up here. -- We are also affirming our ratings, including our 'BBB+' ...

Flue gas assisted steam assisted gravity drainage (SAGD) is a frontier technology to enhance oil recovery for heavy oil reservoirs. The carbon dioxide generated from the thermal recovery of heavy oil ...

Developing a new thermal fairway in Saskatchewan is expected to bring long term benefits to Cardinal, its shareholders and stakeholders, the local community and demonstrate the compelling investment ...