BOE Report

Simpson Oil Limited issues statement regarding Parkland Corporation’s Annual General Meeting

GRAND CAYMAN, Cayman Islands, March 3, 2024 /CNW/ - This press release is being issued by Simpson Oil Limited ("Simpson Oil") in relation to the 2024 Annual General Meeting ("AGM") of Parkland Corporation ("Parkland") which is scheduled to be held on 28 March 2024. As previously announced by Parkland on 31 December 2023, Marc Halley and Michael Christiansen, who had served as nominees of Simpson Oil pursuant to a board nomination agreement (the "Nomination Agreement") between Simpson Oil and [Read more]

G2S2 Capital Inc. announces increased investment in Western Energy Services Corp.

HALIFAX, NS, March 1, 2024 /CNW/ - G2S2 Capital Inc. ("G2S2") announces that it has acquired ownership of, and control over, an additional 698,700 common shares of Western Energy Services Corp. ("Western"). Specifically, on March 1, 2024, G2S2 acquired 698,700 common shares through the facilities of the Toronto Stock Exchange at a price of $2.60 per share (the "Acquisition"), representing approximately 2.06% of the outstanding common shares. Prior to the Acquisition, G2S2 owned and [Read more]

InPlay Oil Corp. confirms monthly dividend for March 2024

CALGARY AB, Mar. 1, 2024 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.015 per common share payable on March 29, 2024, to shareholders of record at the close of business on March 15, 2024.  The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. InPlay [Read more]

Ensign Energy Services Inc. reports 2023 results

CALGARY, AB, March 1, 2024 /CNW/ - 2023 HIGHLIGHTS Ensign's fourth quarter and year-end 2023 results reflect the Company's commitment to revenue rate discipline, focus on cash flow generation, and continued debt reduction. Revenue for 2023 was $1,791.8 million, a 14 percent increase from 2022 revenue of $1,577.3 million. Revenue amounts and percentage of total by geographic area: Canada - $446.4 million, 25 percent; United States - $1,040.8 million, 58 percent; and [Read more]

Government of Canada announces $50 million for Ontario’s expansion of clean, reliable and affordable nuclear energy

OTTAWA, ON, Feb. 29, 2024 /CNW/ - For decades, Canada and Ontario's nuclear technology has been world-leading, providing safe, reliable, and affordable non-emitting energy, as well as good jobs for workers, with over 75,000 hard-working Canadians employed across the nuclear supply chain. Today, the governments of Canada and Ontario are working together to advance new nuclear power generation in Ontario to cement our globally recognized competitive advantage, meet growing demand for clean energy [Read more]

MEG Energy announces President & Chief Executive Officer succession

Darlene Gates to become President & CEO with departure of Derek Evans CALGARY, AB, Feb. 29, 2024 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") today announced that Derek Evans will be stepping down from his role as President and Chief Executive Officer and from its Board of Directors effective May 1, 2024. Concurrent with this announcement, the Board of Directors is pleased to announce the appointment of Darlene Gates, the Corporation's current Chief Operating Officer, to [Read more]

MEG Energy announces 2023 financial and operating results

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted [Read more]

CES Energy Solutions Corp. announces strong fourth quarter and full year 2023 results with record revenue and adjusted EBITDAC and a 20% increase to its quarterly dividend

CALGARY, AB, Feb. 29, 2024 /CNW/ - CES Energy Solutions Corp. ("CES" or the "Company") (TSX: CEU) (OTC: CESDF) is pleased to announce strong financial results for the three and twelve months ended December 31, 2023, along with a 20% increase to its quarterly dividend from $0.025 per share to $0.030 per share, which will be paid on the Company's next scheduled dividend payment of April 15, 2024 to the shareholders of record at the close of business on March 29, 2024. Fourth [Read more]

Pason reports fourth quarter 2023 results and declares increased quarterly dividend

CALGARY, AB, Feb. 28, 2024 /CNW/ - Pason Systems Inc. ("Pason" or the "Company") (TSX: PSI) announced today its 2023 fourth quarter and annual results and the declaration of an increased quarterly dividend. The following news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A"), the Consolidated Financial Statements and related notes for the three and twelve months ended December 31, 2023, as well as the Annual Information Form for the year [Read more]

Western Energy Services Corp. releases fourth quarter and year end 2023 financial and operating results, reducing debt by $17 million in 2023

CALGARY, AB, Feb. 28, 2024 /CNW/ - Western Energy Services Corp. ("Western" or the "Company") (TSX: WRG) announces the release of its fourth quarter and year end 2023 financial and operating results, reducing debt by $17 million in 2023.  Additional information relating to the Company, including the Company's financial statements and management's discussion and analysis as at and for the year ended December 31, 2023 and 2022 will be available on SEDAR+ at www.sedarplus.ca.  Non-International [Read more]