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]
Vermilion Energy Inc. acquires common shares of Coelacanth Energy Inc.
CALGARY, AB, Feb. 28, 2024 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the "Early Warning Report") in respect of its holdings in Coelacanth Energy Inc. ("Coelacanth"). On February 27, 2024, Vermilion acquired ownership of, or control and direction over, 12,497,000 common shares ("Common Shares") of Coelacanth through a privately negotiated transaction with a single counterparty at a price of $0.75 per Common Share for [Read more]
Tamarack Valley Energy announces year-end 2023 financial & reserve results, Clearwater resource evaluation and provides operational and guidance update including executive appointment
CALGARY, AB, Feb. 28, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its audited financial and operating results for the three months and year ended December 31, 2023 and the results of Tamarack's year-end independent oil and gas reserves evaluations as of December 31, 2023 (the "Reserve Reports"), prepared by Tamarack's independent qualified reserves evaluators, McDaniel & Associates Consultants Ltd. ("McDaniel) and GLJ Ltd. ("GLJ"). [Read more]
Spartan Delta Corp. announces 2023 year-end results, reserves and updated guidance for 2024
CALGARY, AB, Feb. 26, 2024 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2023, highlights of the Company's year-end reserves evaluation, as well as updated guidance for 2024. Selected financial and operational information is set out below and should be read in conjunction with Spartan's audited consolidated annual financial statements and related management's [Read more]
Supreme Court dismisses Secure Energy’s application to appeal the successful challenge of Secure and Tervita merger
GATINEAU, QC, Feb. 26, 2024 /CNW/ - The Competition Bureau welcomes the Supreme Court of Canada's (SCC) decision to dismiss an application by Secure Energy seeking leave to appeal the Bureau's successful challenge of the merger of two rival suppliers of oilfield waste services. Secure's application looked to overturn a decision of the Federal Court of Appeal in August 2023 upholding the March 2023 decision by the Competition Tribunal that ordered the company to sell 29 facilities to resolve [Read more]
Advantage announces 2023 year-end conference call
(TSX: AAV) CALGARY, AB, Feb. 26, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage") plans to report year-end 2023 financial and operational results along with 2023 year-end reserves following the close of North American markets on Monday, March 4, 2024. Advantage's management team will discuss the results in a conference call and webcast presentation on Tuesday, March 5, 2024 at 8:00 am Mountain Time (10:00 am Eastern Time). Advantage plans to regularly host quarterly earnings calls going [Read more]
SECURE announces CEO retirement
Rene Amirault to retire as Chief Executive Officer effective May 1, 2024 Allen Gransch, President, to be appointed his successor CALGARY, AB, Feb. 26, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE" or "the Corporation") announced today that Rene Amirault will be retiring from his role as Chief Executive Officer as of May 1, 2024. Mr. Amirault intends to remain on SECURE's Board of Directors as Vice Chair. Allen Gransch, President, will succeed Mr. Amirault as President and Chief [Read more]
SECURE announces 2023 fourth quarter and year-end results
Achieved record Q4 Adjusted EBITDA1 of $162 million ($0.56/basic share1) and $590 million Adjusted EBITDA in 2023 ($1.99/basic share) Delivered $0.95/basic share1 in shareholder returns through dividends and share repurchases in 2023 Repurchased 3.5% of outstanding shares under the renewed NCIB that commenced in December 2023 Closed $1.150 billion asset sale to Waste Connections, Inc., on February 1, 2024, satisfying the requirements of the Competition Tribunal divestiture order [Read more]
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