All amounts in this news release are presented in United States dollars unless otherwise specified. All financial information contained within this news release has been prepared in accordance with U.S. GAAP. Production information, unless otherwise stated, is presented on a net basis (after deduction of royalty obligations). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking [Read more]
Paramount Resources Ltd. announces third quarter 2023 results, expansion of Montney acreage, 2024 budget and five-year outlook
CALGARY, AB, Nov. 2, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its third quarter 2023 financial and operating results, which included record production, and an expansion of its Montney acreage in the Grande Prairie Region. The Company is also pleased to announce its 2024 capital expenditure budget and guidance and five-year outlook. HIGHLIGHTS Third quarter sales volumes averaged 98,644 Boe/d (45% liquids), a quarterly [Read more]
InPlay Oil Corp. confirms monthly dividend for November 2023
CALGARY AB, Nov. 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 November 30, 2023, to shareholders of record at the close of business on November 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. InPlay is a [Read more]
Tourmaline delivers strong free cash flow in the third quarter, updates five year EP plan with significantly increased free cash flow
CALGARY, AB, Nov. 1, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the third quarter of 2023. HIGHLIGHTS Third quarter cash flow(1)(2) of $878.5 million ($2.55 per diluted share(3)). Generated Q3 free cash flow(4) ("FCF") of $332.3 million ($0.96 per diluted share) enabling the Company to declare a special dividend of $1.00 per common share paid on November 1, 2023 to holders of record on [Read more]
Vermilion Energy Inc. announces results for the three and nine months ended September 30, 2023
CALGARY, AB, Nov. 1, 2023 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months ended September 30, 2023. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2023 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at [Read more]
Enbridge declares quarterly dividends
CALGARY, AB, Nov. 1, 2023 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.8875 per common share, payable on December 1, 2023 to shareholders of record on November 15, 2023. The amount of the dividend is consistent with the September 1, 2023 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2023 to [Read more]
Topaz announces third quarter 2023 financial results, Clearwater royalty & infrastructure acquisition and declares fourth quarter dividend
CALGARY, AB, Oct. 30, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce financial results for the third quarter of 2023, a Clearwater royalty and infrastructure acquisition and declaration of the fourth quarter dividend at $0.31 per share. Select financial information is outlined below and should be read in conjunction with Topaz's interim consolidated financial statements and related management's discussion and analysis ("MD&A") as at and for the [Read more]
Clearview Resources Ltd. provides corporate update and announces a distribution to shareholders
CALGARY, AB , Oct. 27, 2023 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to provide the following corporate update. OPERATIONS Clearview's first drill in five years at 15-25-43-05W5 ("15-25") in the Wilson Creek area was successfully completed in September, placing 1,587 tonnes of sand in 106 discrete intervals distributed throughout the nearly 3,000 meter horizontal section in the Cardium formation. Once equipping and tie-in operations were [Read more]
Advantage announces third quarter 2023 financial and operating results
CALGARY, AB, Oct. 26, 2023 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report its third quarter 2023 results, including record production, strong well performance, and continuing share buybacks, while net debta remained on-target. Development operations continued at a steady pace with a focus on our prolific Wembley and Glacier assets. Third Quarter 2023 Financial Highlights Cash provided by operating activities of $90.4 million Adjusted funds flow [Read more]
Delivering support for Canadians on energy bills
OTTAWA, ON , Oct. 26, 2023 /CNW/ - As global market forces and inflation continue to hit Canadians, too many families are feeling the pressure on their monthly bills. Already, the Government of Canada has taken action on affordable child care, home retrofits, grocery prices, and more. And we are now taking an ambitious next step with a new energy affordability package. The Prime Minister, Justin Trudeau, today announced the government is moving ahead with doubling the pollution price rebate [Read more]
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