BOE Report

Clearview Resources Ltd. reports 2023 year end results

CALGARY, AB, April 25, 2024 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its reserves report and financial and operational results for the year ended December 31, 2023. 2023 HIGHLIGHTS Disposed of two non-core non-operated assets in 2023 for gross proceeds of $2.1 million at $20,000 per flowing barrel of oil equivalent per day ("boe/d") reducing corporate asset retirement obligations by $2.4 million; Paid a $1.5 million return of capital [Read more]

Perpetual Energy Inc. announces the completion of the early redemption of its senior secured notes

CALGARY, AB, April 25, 2024 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to announce the completion of its previously announced early redemption of its 8.75% senior secured third-lien notes maturing January 23, 2025 (the "2025 Senior Notes"), with the opportunity for noteholders to elect to continue to hold such notes subject to certain amendments. Of the $33.2 million aggregate principal amount of 2025 Senior Notes outstanding, approximately $7.0 million [Read more]

Advantage announces first quarter 2024 financial and operating results

(TSX: AAV) CALGARY, AB, April 25, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2024 first quarter financial and operating results. Advantage continued to execute on its three-year plan in the first quarter, delivering exceptional well results and expanding our Tier 1 drilling inventory. Since we exited 2023 with net debt below our target range, we were able to enhance shareholder returns in a period of weak commodity pricing with opportunistic, [Read more]

Enerplus announces filing of management information circular for special meeting of shareholders

CALGARY, AB, April 25, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) announced today that it has filed the management information circular and proxy statement and related meeting materials (the "Meeting Materials") for the special meeting of holders ("Shareholders") of common shares (the "Common Shares") of Enerplus to be held on May 24, 2024 at 10:00 a.m. (Calgary time) (the "Meeting"). At the Meeting, Shareholders will be asked to vote on the [Read more]

Highwood Asset Management Ltd. announces secondary block trade of common shares to strategic U.S. institutional investor

CALGARY, AB, April 25, 2024 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce the acquisition ("Acquisition") by Libra Advisors, LLC ("Libra") of 1,500,000 common shares ("Shares") in the capital of Highwood ("Acquired Shares"), previously held by West Lake Energy Corp. ("West Lake"). West Lake originally acquired the Acquired Shares from Highwood on August 3, 2023 as partial consideration for the acquisition by Highwood of all of the [Read more]

Secure announces 2024 first quarter results

Adjusted EBITDA1 of $132 million ($0.47/basic share) Discretionary Free Cash Flow1 of $93 million ($0.33/basic share) Strengthened our capital structure with debt repayment and refinancing. At March 31, 2024, the Corporation had $264 million of cash and $751 million in available borrowing capacity, subject to covenant restrictions, providing ample liquidity for shareholder returns and funding of growth initiatives 2024 planned growth expenditures increased to approximately $75 million [Read more]

Western Energy Services Corp. announces director election results

CALGARY, AB, April 24, 2024 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) today announces the director election results from its 2024 annual meeting of shareholders held on April 24, 2024.  According to the proxies received and ballots cast at the meeting, the following seven nominees were elected as directors to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in [Read more]

Whitecap Resources Inc. achieves record production, increases guidance and announces Investor Day

CALGARY, AB, April 24, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2024. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related management's discussion and analysis for the three months ended March 31, 2024 which are available at www.sedarplus.ca and [Read more]

Enbridge Inc. declares quarterly dividends

CALGARY, AB, April 24, 2024 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on June 1, 2024 to shareholders of record on May 15, 2024.  The amount of the dividend is consistent with the March 1, 2024 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares.  All dividends are payable on June 1, 2024 to shareholders of [Read more]

Western Energy Services Corp. releases first quarter 2024 financial and operating results

CALGARY, AB, April 23, 2024 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) announces the release of its first quarter 2024 financial and operating results.  Additional information relating to the Company, including the Company's financial statements and management's discussion and analysis ("MD&A") as at March 31, 2024 and for the three months ended March 31, 2024 and 2023 will be available on SEDAR+ at www.sedarplus.ca. Non-International Financial Reporting [Read more]