BOE Report

Lucero Energy Corp. announces 2024 capital budget and production guidance

Unless otherwise noted, all monetary amounts in this news release are stated in Canadian dollars. CALGARY, AB, Dec. 14, 2023 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce that the Company's Board of Directors has approved a 2024 capital budget1 of US$65 million (approximately C$88 million). Lucero's strategic objectives associated with the 2024 capital budget align with the Company's long-term objectives of achieving disciplined [Read more]

Source Rock Royalties declares monthly dividend

CALGARY, AB, Dec. 14, 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 its board of directors has declared a monthly dividend of $0.006 per common share, payable in cash on January 15, 2024 to shareholders of record on December 29, 2023. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Source Rock Royalties [Read more]

Kiwetinohk Energy announces 2024 budget

CALGARY, AB, Dec. 13, 2023 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) ("Kiwetinohk" or the "Company") today provided an update on fourth quarter operating results, announced its 2024 budget, and established a three-year growth target of 40,000 boe/d of annualized sales volumes. Message to shareholders "In consideration of the evolving business environment, our 2024 budget is aimed to serve the goal of maximizing shareholder value, providing optionality and delivering safe and reliable [Read more]

Alberta Indigenous Opportunities Corporation closes second largest deal with $150 million loan guarantee for 12 Indigenous communities

85% ownership in oil and gas midstream infrastructure to create stable revenue for participating communities  CALGARY, AB, Dec. 13, 2023 /CNW/ - The Alberta Indigenous Opportunities Corporation's (AIOC) sixth deal has closed, allowing 12 Indigenous communities to purchase equity in oil and gas midstream infrastructure in the Marten Hills and Nipisi areas of the Clearwater play in Northern Alberta. This deal, the second largest for the AIOC both in terms of the number of participating [Read more]

Indigenous Communities and Tamarack Valley Energy announce Clearwater Infrastructure Limited Partnership

CALGARY, AB, Dec. 13, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) and 12 First Nation and Métis communities (the "Indigenous Communities") are pleased to announce they have entered into a series of definitive agreements (collectively, the "Agreements") whereby the Indigenous Communities, collectively through a newly formed entity called Wapiscanis Waseskwan Nipiy Holding Limited Partnership ("WWN"), will acquire an 85% non-operated working interest in the [Read more]

Tuktu Resources Ltd. announces a brokered private placement of $1.5 million of units

CALGARY, AB, Dec. 13, 2023 /CNW/ - Tuktu Resources Ltd. ("Tuktu" or the "Company") (TSXV: TUK) announces a brokered private placement of up to 30,000,000 units of the Company (the "Units") at a price of $0.05 per Unit (the "Issue Price") for gross proceeds of up to $1,500,000 (the "Offering"). The Offering is being conducted by Research Capital Corporation as the sole agent and sole bookrunner (the "Agent"). Each Unit shall be comprised of one common share in the capital of the Company (a [Read more]

Bonterra Energy announces 2024 budget focused on maximizing free funds flow with modest production growth and provides preliminary Montney well test results

CALGARY, AB, Dec. 13, 2023 /CNW/ - Bonterra Energy Corp. (TSX: BNE) ("Bonterra" or the "Company") today announced that the Company's Board of Directors (the "Board") has approved its 2024 capital expenditures budget and associated guidance, as detailed in the section and tables below. The Company is also pleased to provide preliminary results from the successful drilling of Bonterra's first Montney well, with test results outlined further in this release. Key BUDGET Highlights1 Approved [Read more]

Keyera provides business update and 2024 guidance

CALGARY, AB, Dec. 12, 2023 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") is pleased to provide a general business update and 2024 guidance. "Keyera continues to leverage the strength of its integrated value chain, maximizing value for customers and generating strong returns for shareholders," said Dean Setoguchi, President and CEO. "The fundamentals for natural gas liquids volume growth in the Western Canada Sedimentary Basin remain strong and the recent investments we have made position [Read more]

SECURE announces renewal of normal course issuer bid

CALGARY, AB, Dec. 11, 2023 /CNW/ - SECURE Energy Services Inc. ("SECURE" or the "Corporation") (TSX: SES) announced today that the Toronto Stock Exchange ("TSX") has accepted for filing the Corporation's notice of intention to make a normal course issuer bid ("NCIB"). Pursuant to the NCIB, SECURE may repurchase from time to time up to a maximum of 23,196,967 common shares of the Corporation ("common shares"), representing approximately 8.0% of the 289,078,259 common shares outstanding as at [Read more]

SECURE announces $1.075 billion asset sale to Waste Connections

Transaction Highlights Sale of the facilities identified in the Competition Tribunal's March 3, 2023, divestiture order resulting from SECURE's acquisition of Tervita Corporation Target closing in the first quarter of 2024, subject to regulatory approvals CALGARY, AB, Dec. 11, 2023 /CNW/ - SECURE ENERGY Services Inc. ("SECURE" or the "Corporation"), a leading waste management and energy infrastructure company, announced today it has entered into a definitive agreement (the [Read more]