Calgary-based Canadian Superior Energy Inc. has sold its 10% interest in its Waterton area assets in the foothills of southwest Alberta to Hunt Oil Co. of Canada for C$18 million. The assets averaged approximately 2.5 MMcf/d in the past year and include a 10% working interest in 50,000 gross acres of undeveloped land.
Alberta
Articles from Alberta
AEC Sees Strong Earnings, Production Growth
Alberta Energy Company (AEC) reported rapid gas production growth last week and record earnings. The company is on the fast track to becoming one of the largest gas companies in North America. Within the last year, AEC’s gas production has increased by nearly 500 MMcf/d and new drilling prospects are expected to continue that growth.
April 23, 2001
AEC Sees Strong Earnings, Production Growth
Alberta Energy Company is on the fast track to becoming one of the largest gas companies in North America. Within the last year the company’s gas production has increased by nearly 500 MMcf/d and new drilling prospects are expected to continue that rapid growth.
April 19, 2001
Wild Goose Storage Considers Tripling Capacity
Alberta Energy’s Wild Goose Storage subsidiary in California is considering a major expansion that could nearly triple the size of its natural gas storage facility in Butte County, near Gridley, CA. The company has launched an open season for customer sign-ups that will run until May 22.
April 16, 2001
Wild Goose Storage Considers Tripling Capacity
Alberta Energy’s Wild Goose Storage subsidiary in California is considering a major expansion that could nearly triple the size of its natural gas storage facility in Butte County, near Gridley, CA. The company has launched an open season for customer sign-ups that will run until May 22.
April 12, 2001
North Slope Exploration Venture Draws BP
BP Exploration (Alaska) Inc. has joined the partnership of Anadarko Petroleum Corp. and Alberta Energy Company Ltd. in an exploration venture on more than three million acres of the foothills region. The three have already begun work in the first North Slope exploration plan focused on natural gas recovery, an area with reserves of 35 Tcf.
February 26, 2001
AEC Skyrockets Off the Charts in 2000
Alberta Energy Co. Ltd. , one of North America’s largestindependents, turned in a stellar performance in 2000, doublingcash flow and recording net earnings up five-fold, at the same timeit positioned itself for future gains, adding reserves equal to458% of production.
February 26, 2001
North Slope Exploration Venture Draws BP
BP Exploration (Alaska) Inc. has joined the partnership ofAnadarko Petroleum Corp. and Alberta Energy Company Ltd. in anexploration venture on more than three million acres of thefoothills region. The three have already begun work in the firstNorth Slope exploration plan focused on natural gas recovery, anarea with reserves of 35 Tcf.
February 21, 2001
Arctic Gas Becomes a Necessity
Alberta spot sales have reached C$7/Mcf (US$4.83) and centralCanadian distributors are warning customers to expect an expensivewinter. Analysts see no end to the tight markets. But natural-gasproducers say they have found a way out — tap the Arctic.
October 23, 2000
Arctic Gas Becomes a Necessity
Alberta spot sales have reached C$7/Mcf (US$4.83) and centralCanadian distributors are warning customers to expect an expensivewinter. Analysts see no end to the tight markets. But natural-gasproducers say they have found a way out — tap the Arctic.
October 23, 2000
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