Page 44 - Deep Basin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  FD&A (finding, development and acquisition) costs are used as a measure of capital efficiency and are calculated by dividing the capital costs for the period, including the change in undiscounted FDC, by the change in the reserves, incorporating revisions and production, for the same period (eg. 2020 Total Proved ($235.7-$190)/(536.5-527.3+29.1) = $1.19/boe or $0.20/Mcfe). The RLI is calculated by dividing the reserves (in boes) in each category by the annualized Q4 average production rate in boe/year (eg. 2020 Proved Developed Producing 274.6/(83.461x366) = 9.0). Peyto believes that the m...

Distinction Energy Corp. (“Distinction” or the “Company”) is pleased to announce its commitment to participate as to 50% in a $335 million acquisition,

/EIN News/ -- CALGARY, Alberta, Feb. 08, 2021 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (" PrairieSky" or the " Company") (TSX: PSK) is pleased to announce its fourth quarter (" Q4 2020") and year-end operating and financial results for the period ended December 31, 2020, which demonstrate the benefits of a low-cost, high margin business that delivers free cash flow through all commodity cycles, a royalty asset acquisition, and a dividend increase. Royalty Asset Acquisition and Dividend Increase: • PrairieSky has entered into a definitive agreement to acquire a large royalty portfolio, ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. 2021 budget to achieve nearly $1 billion of synergies in first year Cenovus Energy IncJanuary 28, 2021 GMT CALGARY, Alberta, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has delivered a disciplined 2021 capital budget focused on maintaining safe and reliable operations while positioning the company to drive enhanced shareholder value. The budget includes sustaining capital of approximately $2.1 billion to deliver upstream production of approximately 755,000 barrels of...

/EIN News/ -- CALGARY, Alberta, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Distinction Energy Corp. (formerly named Delphi Energy Corp.) (“ Distinction” or the “ Company”) announces that, effective January 15, 2021, the warrant certificate representing 3,348,799 class A common share purchase warrants of the Company (the “ Warrants”) issued to Kiwetinohk Resources Corp. (“ KRC”) was amended and restated to, among other things, facilitate an early exercise of the Warrants, which KRC exercised on January 15, 2021 at an aggregate exercise price of $40 million. As a result of the exercis...