Spartan Delta Aims for Lift in Production With 2026 Spending Plans

Dow Jones

Jan 05

By Robb M. Stewart

Spartan Delta laid out spending plans for the new year aimed at lifting production.

The Canadian company, which has a portfolio of producing assets and developments in the Deep Basin and Duvernay in Western Canada, said Monday it plans to deploy between 410 million Canadian dollars and C$470 million, the equivalent of about $299 million to $342 million, to deliver annualized production of 50,000 to 52,000 barrels of oil equivalent a day in 2026.

At the midpoint of its target, that would represent a 28% increase in production, and an 89% rise in crude oil and condensate output compared with 2025.

Spartan said it anticipates spending C$320 million to C$360 million on drilling, completion, equipping and tie-ins to bring 38 net wells on-stream, and is allocating C$60 million to C$80 million of capital to infrastructure and $30 million to corporate and other spending.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

January 05, 2026 08:21 ET (13:21 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2601888173"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2601888173\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2601888173?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-05 21:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2601888173","market":"nz","top_or_hot":-1,"title":"Spartan Delta Aims for Lift in Production With 2026 Spending Plans","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/DALXF\">Spartan Delta</a> laid out spending plans for the new year aimed at lifting production. \n</p>\n<p>\n  The Canadian company, which has a portfolio of producing assets and developments in the Deep Basin and Duvernay in Western Canada, said Monday it plans to deploy between 410 million Canadian dollars and C$470 million, the equivalent of about $299 million to $342 million, to deliver annualized production of 50,000 to 52,000 barrels of oil equivalent a day in 2026. \n</p>\n<p>\n  At the midpoint of its target, that would represent a 28% increase in production, and an 89% rise in crude oil and condensate output compared with 2025. \n</p>\n<p>\n  Spartan said it anticipates spending C$320 million to C$360 million on drilling, completion, equipping and tie-ins to bring 38 net wells on-stream, and is allocating C$60 million to C$80 million of capital to infrastructure and $30 million to corporate and other spending. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 05, 2026 08:21 ET (13:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spartan Delta Aims for Lift in Production With 2026 Spending Plans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpartan Delta Aims for Lift in Production With 2026 Spending Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-05 21:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/DALXF\">Spartan Delta</a> laid out spending plans for the new year aimed at lifting production. \n</p>\n<p>\n  The Canadian company, which has a portfolio of producing assets and developments in the Deep Basin and Duvernay in Western Canada, said Monday it plans to deploy between 410 million Canadian dollars and C$470 million, the equivalent of about $299 million to $342 million, to deliver annualized production of 50,000 to 52,000 barrels of oil equivalent a day in 2026. \n</p>\n<p>\n  At the midpoint of its target, that would represent a 28% increase in production, and an 89% rise in crude oil and condensate output compared with 2025. \n</p>\n<p>\n  Spartan said it anticipates spending C$320 million to C$360 million on drilling, completion, equipping and tie-ins to bring 38 net wells on-stream, and is allocating C$60 million to C$80 million of capital to infrastructure and $30 million to corporate and other spending. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 05, 2026 08:21 ET (13:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPAQ.U","symbol_name":"Spartan Acquisition Corp. III","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2601888173","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601888173","pubTimestamp":1767619260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Spartan Delta laid out spending plans for the new year aimed at lifting production.The Canadian company, which has a portfolio of producing assets and developments in the Deep Basin and Duvernay in Western Canada, said Monday it plans to deploy between 410 million Canadian dollars and C$470 million, the equivalent of about $299 million to $342 million, to deliver annualized production of 50,000 to 52,000 barrels of oil equivalent a day in 2026.At the midpoint of its target, that would represent a 28% increase in production, and an 89% rise in crude oil and condensate output compared with 2025.Spartan said it anticipates spending C$320 million to C$360 million on drilling, completion, equipping and tie-ins to bring 38 net wells on-stream, and is allocating C$60 million to C$80 million of capital to infrastructure and $30 million to corporate and other spending.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPAQ.U":"Spartan Acquisition Corp. III"},"translate_title":"Spartan Delta旨在通过2026年支出计划提高产量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPAQ.U":1.5},"content_text":"By Robb M. Stewart \n\n\n \n\n\nSpartan Delta laid out spending plans for the new year aimed at lifting production. \n\n\n  The Canadian company, which has a portfolio of producing assets and developments in the Deep Basin and Duvernay in Western Canada, said Monday it plans to deploy between 410 million Canadian dollars and C$470 million, the equivalent of about $299 million to $342 million, to deliver annualized production of 50,000 to 52,000 barrels of oil equivalent a day in 2026. \n\n\n  At the midpoint of its target, that would represent a 28% increase in production, and an 89% rise in crude oil and condensate output compared with 2025. \n\n\n  Spartan said it anticipates spending C$320 million to C$360 million on drilling, completion, equipping and tie-ins to bring 38 net wells on-stream, and is allocating C$60 million to C$80 million of capital to infrastructure and $30 million to corporate and other spending. \n\n\n \n\n\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 05, 2026 08:21 ET (13:21 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}