BOE Report

Enbridge reports record 2023 financial results, reaffirms 2024 financial guidance and advances strategic priorities

CALGARY, AB, Feb. 9, 2024 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported fourth quarter 2023 financial results, reaffirmed its 2024 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Full year GAAP earnings of $5.8 billion or $2.84 per common share, [Read more]

Ensign Energy Services Inc. – fourth quarter 2023 earnings conference call and webcast

CALGARY, AB, Feb. 9, 2024 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its fourth quarter and year-ended 2023 results before the markets open on Friday, March 1, 2024.  A conference call and webcast has been scheduled for 10:00 AM MST (12:00 PM EST) on Friday, March 1, 2024. The conference participant call in numbers are as follows: US/Canada Dial-in #: (888) 664-6392 or Local/Int'l Dial-In #: (416) 764-8659 Conference ID #: [Read more]

Gibson Energy recognized as safety and ESG leader for third consecutive year

CALGARY, AB, Feb. 8, 2024 /CNW/ - Gibson Energy Inc. ("Gibson" or the "Company") is pleased to announce another outstanding year as a leader in safety and environmental, social and governance ("ESG") performance. The Company has maintained top quartile safety performance among North American peers and has continued to be recognized for its unwavering commitment to sustainability and strong governance practices by globally recognized ESG rating agencies. As a forward-thinking industry leader, [Read more]

Parkland appoints James Neate to its Board of Directors

CALGARY, AB, Feb. 7, 2024 /CNW/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI) today is pleased to announce the appointment of investment banking executive, James Neate to its Board of Directors (the "Board"), effective February 10, 2024. "James is a seasoned executive with significant expertise working within the many markets that Parkland serves," said Steven Richardson, Chairman of the Board. "His international banking expertise coupled with his [Read more]

Advantage announces operational update including record production and reduced capital spending outlook

(TSX: AAV) CALGARY, AB, Feb. 6, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage", the "Corporation", "us", "we" or "our") is pleased to provide an operational update. Advantage had another year of exceptional results in 2023, including record fourth-quarter production of 68,384 boe/d (363.1 MMcf/d natural gas, 3,254 bbls/d crude oil, 1,264 bbls/d condensate and 3,345 bbls/d NGLs) and record monthly production of over 70,000 boe/d in December. Thanks in part to exceptional well results, [Read more]

SECURE announces redemption of Senior Second Lien Secured Notes

CALGARY, AB, Feb. 6, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE" or the "Corporation") announced today that it has delivered notices of redemption (the "Redemption Notices") for all of its outstanding 11.000% Senior Second Lien Secured Notes due 2025 (the "Notes"). The aggregate principal amount of the Notes currently outstanding is approximately US$153 million. As set forth in the Redemption Notices, the redemption date will be February 22, 2024 ("the Redemption Date"), and the [Read more]

Saturn Oil & Gas Inc. announces fully-funded 2024 corporate guidance highlighted By $180 million of debt reduction while maintaining production and a $50 million bought deal private placement financing led by strategic U.S. institutional investors

CALGARY, AB, Feb. 6, 2024 /CNW/ - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce the Company's 2024 capital and operating budget reflecting a focus on maximizing near term free funds flow(1), continued rapid debt repayment, sustainable oil and gas production with high returns on capital investment. HIGHLIGHTS OF 2024 GUIDANCE Sustainable Oil Weighted Production: 2024 average production is forecasted between 26,500 to [Read more]

AltaGas to issue fourth quarter and full year 2023 results

CALGARY, AB, Feb. 5, 2024 /CNW/ -  AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its 2023 fourth quarter and year-end financial results on Friday, March 8, 2024, before markets open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Conference Call and Webcast Details: Date: Friday, March 8, 2024 Time: 9:00 a.m. MT (11:00 a.m. [Read more]

Highwood Asset Management Ltd. provides operational update, including 1,000 BBL/day light oil well at Wilson Creek and reiterates 2024 guidance

CALGARY, AB, Feb. 5, 2024 /CNW/ - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce an operational update, including a 1,000 bbl/day light oil well with its inaugural stage frac wells at Wilson Creek, and to reiterate its 2024 guidance. Operational Update Highwood recently brought online its second well at Wilson Creek, the 100/03-04-043-05W5 (the "03-04 well") on January 27, 2024, representing a drilling, completion, and tie-in cycle time [Read more]

Cryopeak LNG Solutions Corporation and Ferus Natural Gas Fuels Inc. jointly-announce a strategic merger and the acquisition of Campus Energy Partners LNG assets.

RICHMOND, BC, Feb. 5, 2024 /CNW/ -- Cryopeak LNG Solutions Corporation and Ferus Natural Gas Fuels Inc. are pleased to announce they have merged forming a new LNG production and distribution technology-focused entity which is now named Cryopeak Energy Solutions Corporation ("Cryopeak"). Cryopeak LNG Solutions/Ferus Natural Gas Fuels Inc. announce Strategic Merger Cryopeak is also pleased to announce the acquisition of all LNG assets from Campus Energy Partners Infrastructure LP, including [Read more]