BOE Report

Surge Energy Inc. announces 2024 capital and operating budget; release of annual sustainability report; appointment of Vice Presidents

CALGARY, AB, Dec. 7, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its 2024 capital and operating budget as approved by the Company's Board of Directors, the release of the Company's third annual sustainability report, as well as the appointment of two Vice Presidents. 2024 BUDGET GUIDANCE: CONTINUED FOCUS ON FREE CASH FLOW GENERATION AND  SHAREHOLDER RETURNS Surge's focus in 2024 will continue to be on disciplined capital allocation, with cash [Read more]

Headwater Exploration Inc. announces 2024 budget and operations update

CALGARY, AB, Dec. 7, 2023 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce its preliminary 2024 budget and operations update. Following a thorough evaluation of our land acquisition strategy and exploration successes, the Board has granted approval for the 2024 preliminary budget as outlined below. The budget is designed to allow Headwater to be resilient to the current environment and opportunistic on expanding its prospects while achieving [Read more]

Tamarack Valley Energy announces 2024 corporate budget

CALGARY, AB, Dec. 6, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its 2024 capital and operating budget. The 2024 budget prioritizes near term free funds flow(1) generation with realization of long term net asset value capture and is supported by a culture focused on safety and operational excellence. Highlights of the 2024 Budget Two Phase Capital Budget – Tamarack has designed a two-phase capital budget, which allows the [Read more]

AltaGas announces 2024 guidance and strategic priorities, six percent dividend increases, and releases 2023 ESG Report

AltaGas remains focused on executing long-term strategic plan for shareholder value creation. CALGARY, AB, Dec. 5, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its 2024 guidance and outlook; provides an update on its long-term strategic plan, and releases its 2023 Environment, Social and Governance (ESG) report, including progress toward achieving ESG goals. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise [Read more]

Rubellite Energy Inc. announces royalty sale and risk management update

CALGARY, AB, Dec. 4, 2023 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to announce that it has closed an agreement with Source Rock Royalties Ltd. (TSXV: SRR - the "Purchaser") for the sale of a gross overriding royalty ("GORR") on certain lands within the Figure Lake and Edwand areas (the "GORR Transaction"), and to provide an update on the Company's other recent risk management [Read more]

Source Rock Royalties acquires royalty interest in producing Clearwater oil lands with material drill commitment

CALGARY, AB, Dec. 4, 2023 /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 it has closed the acquisition of a gross overriding royalty (the "GORR") in 60,800 net acres (95 sections) of largely contiguous land in the Figure Lake area of central Alberta (the "GORR Lands") for a purchase price of $8.0 million (the "Purchase Price"). The Purchase Price is subject to [Read more]

InPlay Oil Corp. confirms monthly dividend for December 2023

CALGARY, AB, Dec. 1, 2023 /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 December 29, 2023, to shareholders of record at the close of business on December 15, 2023.  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. [Read more]

Tourmaline declares quarterly dividend and provides management update

CALGARY, AB, Dec. 1, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.28 per common share. The dividend will be payable on December 29, 2023 to shareholders of record at the close of business on December 15, 2023. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Management [Read more]

Paramount Resources Ltd. announces December dividend

CALGARY, AB, Dec. 1, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on December 29, 2023 to shareholders of record on December 15, 2023.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-rich natural gas focused [Read more]

Advantage announces 2024 budget and updated three-year strategic plan

(TSX: AAV) CALGARY, AB, Nov. 30, 2023 /CNW/ - Advantage Energy Ltd. ("Advantage", the "Corporation", "us", "we" or "our") is pleased to announce our 2024 budget and provide an update as we enter the second year of our three-year strategic plan. Advantage's 2024 capital program continues our focus on growing adjusted funds flow ("AFF")a per share via high rate-of-return development drilling. Top-line production is planned to grow by 10% with all free cash flow ("FCF")a allocated to our share [Read more]