The company expects capital spending this year to come in between $185 million and $250 million.

The Alberta Liabilities Disclosure Project said the province's largest oil and gas companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades.

The Alberta government says because of lower commodity prices, discounts on crude oil are costing the country $80 million a day in lost revenue.

Crews are cleaning up after an oil and saltwater leak from a pipeline owned by Paramount Resources Ltd. was discovered near Zama City in the far northwest corner of Alberta last week.

Apache Corp. says it has sold its assets in British Columbia, Alberta and Saskatchewan for close to $1 billion in a strategic exit from Canada.

As an oil spill cleanup continues in the North Saskatchewan River, here's a look at some spills of oil and other materials on the Prairies in recent years.

Calgary-based Paramount Resources is entering into a $1.9-billion deal to sell most of its oil and natural gas producing assets in western Alberta to Calgary rival Seven Generations Energy.