Four Wells Coming Off The Confidential List -- A Day That Lives In Infamy -- December 7, 2020

Active rigs:

$46.17	12/7/2020	12/07/2019	12/07/2018	12/07/2017	12/07/2016
Active Rigs	16	55	64	53	39

Four wells coming off the confidential list --

Monday, December 7: 11 for the month; 67 for the quarter, 732 for the year

• None.

Sunday, December 6: 11 for the month; 67 for the quarter, 732 for the year

• 37463, loc/NC, Petro-Hunt, USA 153-95-13C-12-2H, Phelps Bay,
  

Saturday, December 5: 10 for the month; 66 for the quarter, 731 for the year

• 37462, loc/NC, Petro-Hunt, USA 153-95-13C-12-1H, Phelps Bay,
• 37425, loc/NC, Slawson, Orca Federal 5-23-26TFH, Big Bend,
• 36533, drl/A, Hess, EN-Sorenson B-155-94-3526H-11, Alkali Creek, t--; cum 45K 10/20;

RBN Energy: Pembina follows midstream expansion spree with financial discipline. 

To succeed over the long term in the music business, professional sports, or the midstream sector, you need to learn from your successes and failures, and — most important — continue adapting and evolving. For many North American midstreamers, a key to success has been a thoughtful combination of expansion and diversification, plus an affinity for financial discipline, especially when the broader energy industry is going through tough, uncertain times. A prime example of that strategy is Canadian midstreamer Pembina Pipeline Corp., which after C$14 billion in acquisitions over the last four years is instituting a more cautious approach to new investment that’s largely based on self-funding and a new, more rigorous return criteria for new projects. Today, we preview our new Spotlight report, which focuses on the risks and rewards of Pembina’s new strategy.