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Stonehorse returns to profit as Canada replaces its US oil and gas portfolio

Stonehorse Energy returned to profit in FY2026 as Canadian production and oil exposure lifted revenue, while the company sold its US assets after year-end. The next test is whether Drumheller can convert production growth into sustainable cash flow while carrying new debt.
Maxwell Dee
30 Sept 2026

Stonehorse adds 262 BOEPD as Drumheller production passes 500 BOEPD

Stonehorse Energy has added 262 BOEPD from two new Alberta wells, lifting production from its Drumheller area above 500 BOEPD. Two further wells are online but still cleaning up, while the company plans more drilling before year-end.
Victor Sage
14 Sept 2026

Stonehorse Energy Completes US Asset Sale to Fund Canadian Expansion

Stonehorse Energy has sold its US Lone Star oil and gas interests for US$1.114 million, shifting focus to expanding its Drumheller development program in Alberta.
Maxwell Dee
2 Sept 2026

Stonehorse Energy Adds 385 BOEPD from New Drumheller Wells, Plans Further Drilling

Stonehorse Energy has brought three new development wells online in Alberta, boosting production by 385 barrels of oil equivalent per day with a strong oil weighting. The company signals more drilling ahead, aiming to capitalise on over 80 potential well locations.
Maxwell Dee
21 May 2026

Stonehorse Energy Sustains Production Growth with Drumheller Wells and A$848k Revenue

Stonehorse Energy Limited reported steady operational and financial performance for Q1 2026, driven by successful drilling in Canada and solid oil and gas production across its North American portfolio.
Maxwell Dee
28 Apr 2026

Stonehorse Energy Surpasses Production Targets, Accelerates Drumheller Drilling

Stonehorse Energy's Drumheller #1 well in Alberta outperforms expectations, prompting accelerated drilling of wells #2, #3, and #4 with production slated for Q2 2026.
Maxwell Dee
17 Mar 2026

Stonehorse Energy Boosts Oil Output with Drumheller Well, Holds A$4.86m Cash

Stonehorse Energy Limited reported steady operational performance in Q4 2025, driven by strong production from a new Drumheller well in Alberta and maintaining a solid cash position of A$4.86 million.
Maxwell Dee
30 Jan 2026

Stonehorse Energy Surpasses Production Targets in Alberta, Eyes Expansion

Stonehorse Energy’s first well in Alberta’s Ellerslie reservoir is producing ahead of schedule and below budget, prompting plans for three more wells in 2026 to deepen its foothold in Western Canada.
Maxwell Dee
8 Dec 2025

Stonehorse Energy Advances Canadian Drilling Amid Steady Q3 Production

Stonehorse Energy reported steady production and revenue growth in Q3 2025, driven by strong Canadian operations, while advancing a new drilling farm-in in Alberta.
Maxwell Dee
31 Oct 2025

Stonehorse Energy Expands in Alberta’s Ellerslie Reservoir with New Wells

Stonehorse Energy has secured a farm-in agreement to drill a well in Alberta’s prolific Ellerslie reservoir, with plans to participate in up to three additional wells, marking a significant step in its Canadian growth strategy.
Maxwell Dee
6 Oct 2025

Stonehorse Energy Executive David Deloub Steps Down Immediately

Stonehorse Energy has announced the immediate resignation of executive David Deloub following the termination of his services agreement, with the Executive Chairman stepping in to manage operations.
Maxwell Dee
4 Sept 2025

Stonehorse Energy Advances Canadian Growth Amid Operational Hurdles

Stonehorse Energy Limited reported steady Q2 2025 results, driven by strong Canadian production despite lower commodity prices and operational setbacks in the US. The company also announced a strategic board appointment as it pursues growth opportunities.
Maxwell Dee
31 July 2025