Two high bonus purchases dominated Alberta’s May 6 land sale: at Kakwa Spirit River and Pembina Duvernay.

British Columbia’s May 6 land sale brought in $41.63 million, mostly from a single 9,007-hectare parcel.

Enbridge Inc. is making some progress moving its long stalled Line 5 relocation project forward, said president of liquids pipelines Colin Gruending at its first quarter 2025 earnings call.

Exxon Mobil Corporation continues examining a potential re-entry into Venezuela’s heavy oilfields, hoping to leverage technology developed by its affiliate Imperial Oil Limited in Canada to make it cost competitive, president and chief executive officer Darren Woods said at its first quarter 2025 earnings call.

The Northern Alberta Institute of Technology (NAIT) is getting $384 million to start off the construction of an Advanced Skills Centre for trades training.

Ovintiv Inc. is keeping a close eye on oil and condensate prices but, as it stands now, it doesn’t expect to increase investment in the Montney this year, president and chief executive officer Brendan McCracken said on its first quarter 2026 earnings call.

Ovintiv Inc. reported first quarter 2026 production volumes of approximately 679,000 boe/d, as the company closed its acquisition of Montney operator NuVista Energy Ltd. during the quarter.

Saturn Oil + Gas Inc. plans to advance into the second quarter about $20 million in capital spending from the second half of the year to take advantage of higher oil prices.

Sales of sulphur from its three deep cut sour gas plants are expected to generate approximately one-third of Cavvy Energy Ltd.'s gross revenue this year, the company's recent annual meeting heard.

Pason Systems Inc.’s capital expenditures for 2026 are expected to be between $60 and $70 million.

In Canada, Tenaz Energy Corp. completed two multilateral Ellerslie wells (1.8 net) during the first quarter, with production commencing late in Q1 2026.

InPlay Oil Corp. completed an active capital program during the first quarter investing $22.9 million in drilling five (5.0 net) Pembina ERH wells and related infrastructure.

Rubellite Energy Corp. reported record average heavy oil sales 8,641 bbls/d in the first quarter of 2026, an increase of four per cent from 8,339 bbls/d in the first quarter of 2025 and a similar increase from 8,295 bbls/d in the fourth quarter of 2025.

Rubellite Energy Corp. saw positive results testing new well designs across its inventory of 475 heavy oil drilling locations in its Clearwater and Mannville Stack core areas in the first quarter of 2026.  

Bryan Helfenbaum has been appointed chief operating officer at the Clean Resource Innovation Network (CRIN).

Keyera Corp. closed its previously announced acquisition of substantially all of Plains' Canadian natural gas liquids (NGL) business for $5.3 billion including closing adjustments.