BOE Report

InPlay Oil Corp. announces 2024 capital budget

CALGARY, AB, Jan. 29, 2024 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that its Board of Directors have approved a capital program of $64 – $67 million for 2024. 2024 Capital Program Highlights InPlay's 2024 exploration and development capital program of $64 – $67 million is forecast to deliver the following(5): Annual average production of 9,000 – 9,500 boe/d (59% – 61% light crude oil and NGLs); Drilling program focused [Read more]

Heritage Royalty names James Armstrong as new President and CEO

CALGARY, AB, Jan. 25, 2024 /CNW/ - The Advisory Board of Heritage Resource Limited Partnership ("Heritage Royalty") today announces that James Armstrong has been named to the role of President and Chief Executive Officer effective February 1, 2024. Prior to this appointment, he was the Vice President, Land, a role he has held since December 2017. For the past four months, he has also served as the acting Executive Lead. Mr. Armstrong has more than 20 years' experience in the North American [Read more]

Parkland appoints Michael Jennings to its Board of Directors

CALGARY, AB, Jan. 23, 2024 /CNW/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI) today is pleased to announce the appointment of energy industry veteran, Michael Jennings to its Board of Directors (the "Board"), effective February 10, 2024. "Michael is a seasoned Chief Executive Officer and Board Member with over three decades of international integrated energy experience. We are delighted to welcome him to our Board of Directors," said Steven Richardson, [Read more]

Tidewater Midstream and Tidewater Renewables name Jeremy Baines CEO; update from Tidewater Renewables

CALGARY, AB, Jan. 22, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater Midstream") (TSX: TWM) and Tidewater Renewables Ltd. ("Tidewater Renewables") (TSX: LCFS) Boards of Directors have jointly announced the appointment of Jeremy Baines as the Chief Executive Officer and to the Boards of both companies, effective immediately. The Board of Tidewater Midstream also announces Aaron Ames as interim Chief Financial Officer for Tidewater Midstream, also effective immediately. This [Read more]

ShaMaran Acquires TAQA Interest in Atrush and Partners with HKN

VANCOUVER, BC, January 22, 2024 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) has entered into definitive agreements for a two-step transaction to increase its indirect working interest in the Atrush Block in Kurdistan from 27.6% to 50%, with HKN Energy IV, Ltd. ("HKN IV"), an affiliate of HKN Energy Ltd. ("HKN"), indirectly acquiring a 25% working interest and operatorship, subject to required approvals. View PDF Garrett Soden, [Read more]

Risco Energy Investments (SEA) Limited acquires common shares of CanAsia Energy Corp.

SINGAPORE, Jan. 16, 2024 /CNW/ - Risco Energy Investments (SEA) Limited ("Risco") announces that it acquired 10,000,000 common shares of CanAsia Energy Corp. ("CanAsia") (TSXV: CEC) on January 16, 2024, in addition to 10,000,000 CanAsia common shares that Risco acquired on December 21, 2023. CanAsia issued an aggregate of 63,000,000 shares on those dates pursuant to a private placement, which resulted in 112,793,907 issued and outstanding shares. The issue price of each share was CAD $0.10. The [Read more]

CER releases Crown Consultation and Accommodation Report for the NEBC Connector Project

CALGARY, AB, Jan. 16, 2024 /CNW/ - The Canada Energy Regulator (CER), in its role as Crown Consultation Coordinator, has released the Crown Consultation and Accommodation Report for the NorthRiver Midstream NEBC Connector Project. The Report is the culmination of more than two years of CER consultation activities with 35 Indigenous communities, and demonstrates the Government of Canada's commitment to advancing Reconciliation with Indigenous Peoples and to conducting robust and timely [Read more]

Tamarack Valley Energy announces monthly dividend declaration, NCIB renewal and initiation of enhanced shareholder returns

CALGARY, AB, Jan. 16, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend, renewal of its normal course issuer bid ("NCIB") and achievement of the first debt threshold under the Company's previously disclosed return of capital framework. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares ("Common Shares") of C$0.0125 per share in accordance [Read more]

Tourmaline provides EP activity update and announces two additional LNG agreements

CALGARY, AB, Jan. 15, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an EP activity update and to announce two additional LNG agreements. EP ACTIVITY UPDATE Tourmaline exited 2023 with average daily production in excess of 600,000 boepd including over 150,000 bbls/d of average liquids production and has continued at these production levels in January.  The Company is operating all 16 drilling rigs as planned in the Q1 2024 EP [Read more]

Source Rock Royalties declares monthly dividend

CALGARY, AB, Jan. 15, 2024 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.006 per common share, payable in cash on February 15, 2024 to shareholders of record on January 31, 2024. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Source Rock Royalties [Read more]