BOE Report

Stock options granted

CALGARY, AB, May 29, 2024 /CNW/ - CanAsia Energy Corp. ("CanAsia") (TSXV: CEC) announced today that it granted options to directors, officers and an employee to purchase an aggregate of 7,400,000 common shares under CanAsia's equity incentive plan. Each option has an exercise price of $0.135 (being the May 28, 2024 closing price of the shares on the TSX Venture Exchange), vests as to one-third on the grant date and one-third on each of the first and second anniversaries of the grant date and [Read more]

Tourmaline Oil Corp. announces issuance of senior unsecured notes

CALGARY, AB, May 28, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has agreed to issue $250 million aggregate principal amount of senior unsecured notes due May 30, 2027 (the "Notes"). The Notes will be issued at par for aggregate gross proceeds of $250 million and will bear interest at a fixed rate of 4.856% per annum, payable semi-annually on the 30th day of November and May of each year, commencing on November 30, 2024 [Read more]

Western Energy Services Corp. announces resignation of Chief Financial Officer

CALGARY, AB, May 28, 2024 /CNW/ - Alex R.N. MacAusland, President and CEO of Western Energy Services Corp. (the "Company" or "Western") (TSX: WRG) announced today that Jeffrey K. Bowers, Senior VP Finance, Chief Financial Officer & Corporate Secretary has resigned to actively pursue other opportunities. Mr. Bowers' resignation will be effective on May 28, 2024. In commenting on Mr. Bowers' pending departure, Mr. MacAusland stated: "Jeffrey, a co-founder of Western, contributed [Read more]

Kiwetinohk announces CEO’s Letter to Shareholders, accelerated capital plan, increases to its credit facilities and the filing of a renewal base shelf prospectus

CALGARY, AB, May 27, 2024 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) ("Kiwetinohk" or the "Company") is pleased to announce the issuance of the Chief Executive Officer's Letter to Shareholders, an accelerated upstream capital spending program, a renewal and $25.0 million increase to its revolving credit facility, a renewal and $50.0 million increase to its Letter of Credit facility and the filing of a renewal base shelf prospectus. "I am pleased to provide an updated letter to [Read more]

Spartan Delta Corp. reports voting results of Annual General Meeting of shareholders

CALGARY, AB, May 24, 2024 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce that all resolutions presented for approval at the annual general meeting of shareholders (the "Meeting") held on May 24, 2024, were duly passed. A total of 100,766,035 common shares, representing approximately 58.18% of Spartan's 173,201,341 issued and outstanding common shares, were represented at the Meeting. The following individuals, being the six nominees [Read more]

Westgate Energy Inc. (formerly 763997 Alberta Ltd.) announces completion of business combination transaction

CALGARY, AB, May 23, 2024 /CNW/ - Westgate Energy Inc. (formerly 763997 Alberta Ltd.) (the "Corporation" or "Westgate") (TSXV: WGT) is pleased to announce that it has completed its business combination transaction pursuant to which the Corporation and Grafton Ventures Energy Holdings Corp. ("Grafton") combined their respective businesses (the "Transaction"). In connection with the Transaction: the Corporation completed the consolidation of its common shares on a 40-for-1 basis; Grafton [Read more]

Lucero Energy Corp. announces shareholder meeting results

CALGARY, AB, May 23, 2024 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce that all matters put before shareholders were approved at our annual and special meeting (the "Meeting") of shareholders held on May 23, 2024 in Calgary, Alberta. Voting Results from the Meeting: 1. The following six individuals were elected as directors of Lucero to hold office until the next annual meeting of shareholders or until their successors are duly [Read more]

Logan Energy Corp. announces first quarter 2024 results and updated 2024 guidance

CALGARY, AB, May 22, 2024 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") announces its financial and operating results for the three months ended March 31, 2024, and provides updated guidance for the remainder of 2024. MESSAGE TO SHAREHOLDERS Logan was very active operationally during the first three months of 2024, during which it continued to execute on its plan to aggressively grow its asset base and position itself as a premier growth-oriented company in the Alberta [Read more]

Bonterra Energy Corp. announces approval of all resolutions at annual meeting of shareholders and voting results

CALGARY, AB, May 22, 2024 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announced that at its annual meeting of shareholders held on May 22, 2024, a total of 13,002,299, representing 34.89% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 1, 2024, including the election of each of the six nominees proposed as directors. The [Read more]

Rubellite Energy Inc. announces election of Directors

CALGARY, AB, May 22, 2024 /CNW/ - (TSX:RBY) – Rubellite Energy Inc. ("Rubellite" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2024, were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was [Read more]