CALGARY, AB, March 7, 2024 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces its operating and financial results for the three months and year ended December 31, 2023. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management's discussion and analysis ("MD&A"). These filings will be available at www.sedarplus.ca and the Company's website at [Read more]
Bonterra Energy announces fourth quarter and year end 2023 results highlighted by responsible production growth with continued balance sheet strengthening
CALGARY, AB, March 7, 2024 /CNW/ - Bonterra Energy Corp. (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2023. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") along with the annual information form ("AIF"), all for the period ended December 31, 2023, are available on SEDAR+ at www.sedarplus.ca and on Bonterra's website at [Read more]
Canada Energy Regulator approves the first compressed natural gas facility in the NWT
The Inuvialuit Energy Security Project is expected to provide sustainable energy for the next 50 years CALGARY, AB, March 7, 2024 /CNW/ - The Commission of the Canada Energy Regulator (CER) has approved the Inuvialuit Energy Security Project (IESP) Energy Centre with 20 conditions. The project will convert natural gas into compressed natural gas, propane, and synthetic diesel that can be used for power and heating. The IESP Energy Centre will supply the Inuvialuit Settlement Region with [Read more]
Tidewater Midstream and Infrastructure Ltd. announces normal course issuer bid
CALGARY, AB, March 7, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has received Toronto Stock Exchange ("TSX") approval of the Corporation's notice of intention to make a Normal Course Issuer Bid ("NCIB"). The NCIB will commence on March 11, 2024 and end on March 10, 2025, or such earlier date as Tidewater may determine or as Tidewater may complete purchases pursuant to the NCIB. The purpose of the NCIB [Read more]
Yangarra announces 2023 year end financial and operating results and reserves
CALGARY, AB, March 7, 2024 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results and reserves for the year ended December 31, 2023. 2023 Operations Review Yangarra continued to refine the Company's drilling approach resulting in a dramatic reduction in drilling times and drilling costs. The new core area of Chambers with Cardium, Belly River and Manville potential was delineated with five Cardium wells and one Belly [Read more]
Kiwetinohk provides fourth quarter 2023 financial and operational results and year-end reserves report
Adjusted funds flow (AFF)1 of $5.49/share Record annual production of 22,587 boe / day (27% increase over 2022) Return on average capital employed (ROACE)1 of 21% Increased total proved plus probable Net Present Value by 9% year-over-year to $2.8 billion (NPV10) 2024 guidance reaffirmed CALGARY, AB, March 6, 2024 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) today reported its 2023 financial and operational results and year-end reserves evaluation. As companion documents to this news [Read more]
Surge Energy Inc. announces record annual production in 2023; fourth quarter and year end financials for 2023; 2023 year end reserves
CALGARY, AB, March 6, 2024 /CNW/ - Surge Energy Inc. ("Surge", "SGY", or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter and year ended December 31, 2023; and its year end 2023 reserves as independently evaluated by Sproule Associates Limited ("Sproule"). Surge's disciplined operating strategy involves focusing growth and development capital to high netback, low cost, light and medium gravity crude oil reservoirs, that possess [Read more]
Vermilion Energy Inc. announces results for the year ended December 31, 2023 and accelerated return of capital
CALGARY, AB, March 6, 2024 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the year ended December 31, 2023. The audited financial statements, management discussion and analysis and annual information form for the year ended December 31, 2023 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca, on EDGAR at [Read more]
Vermilion Energy Inc. announces $0.12 CDN cash dividend for April 15, 2024 payment date
CALGARY, AB, March 6, 2024 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per share, payable on April 15, 2024 to all shareholders of record on March 28, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Vermilion Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing [Read more]
Tourmaline delivers record production, increases 2P reserves to 5 billion BOE and declares an increased quarterly base dividend and a special dividend
CALGARY, AB, March 6, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2023, announce an increase in both 2023 reserves and the quarterly base dividend, as well as declare a special dividend and a quarterly dividend. HIGHLIGHTS Full-year 2023 cash flow(1) ("CF") was $3.71 billion ($10.73 per diluted share(2)). Fourth quarter 2023 CF was $918.0 million [Read more]
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