CALGARY, AB, Aug. 2, 2023 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce a cash dividend of $0.10 CDN per share, payable on October 16, 2023 to all shareholders of record on September 29, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Vermilion Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of [Read more]
Tourmaline delivers strong free cash flow and declares a special dividend
CALGARY, AB, Aug. 2, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the second quarter of 2023 and declare a special dividend. HIGHLIGHTS Second quarter cash flow(1)(2) of $784.0 million ($2.28 per diluted share(3)). Generated quarterly free cash flow(4) ("FCF") of $545.5 million ($1.59 per diluted share) enabling the Company to declare a special dividend of $1.00 per common share to be [Read more]
Vermilion Energy Inc. announces results for the three and six months ended June 30, 2023
CALGARY, AB, Aug. 2, 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 six months ended June 30, 2023. The unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2023 will be available on the System for Electronic Document Analysis and Retrieval Plus ("SEDAR+") at www.sedarplus.ca, on [Read more]
ARC Resources Ltd. reports second quarter 2023 results
CALGARY, AB, Aug. 2, 2023 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its second quarter 2023 financial and operational results. HIGHLIGHTS ARC delivered second quarter 2023 production of 343,630 boe(1) per day (63 per cent natural gas and 37 per cent crude oil and liquids(2)). Production increased two per cent year-over-year, and 13 per cent on a per share(3) basis. Second quarter production was impacted by approximately 4,100 boe per [Read more]
Paramount Resources Ltd. announces second quarter 2023 results
CALGARY, AB, Aug 2, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce second quarter 2023 financial and operating results. HIGHLIGHTS Second quarter sales volumes averaged 88,243 Boe/d (45% liquids), reflecting an estimated 12,000 Boe/d impact of the Alberta wildfires. (1) Grande Prairie Region sales volumes averaged 66,950 Boe/d (51% liquids). Despite the wildfires, Karr achieved record quarterly sales volumes of approximately [Read more]
Kiwetinohk provides second quarter 2023 financial and operational results and updated annual corporate guidance
CALGARY, AB, Aug. 1, 2023 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) today reported its 2023 second quarter financial and operational results. As companion documents to this news release, please review the Company's management discussion and analysis (MD&A) and condensed consolidated interim financial statements (available on www.kiwetinohk.com or www.sedarplus.ca) for additional financial and operational details. Message to shareholders "Kiwetinohk demonstrated its [Read more]
InPlay Oil Corp. confirms monthly dividend for August 2023
CALGARY, AB, Aug. 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 August 31, 2023, to shareholders of record at the close of business on August 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]
Clearview Resources Ltd. provides corporate update
CALGARY, AB, Aug. 1, 2023 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to provide the following corporate update. OPERATIONS Clearview, as operator, has commenced drilling a 2-mile, extended reach, horizontal well targeting the light oil Cardium formation at Wilson Creek in west-central Alberta. The 15-25-043-05W5 ("15-25") well was spud on July 28, 2023 and is the first drill in five years for the Company, following up on the successful [Read more]
Highwood Asset Management Ltd. announces listing of subscription receipts on TSXV
CALGARY, AB, Aug. 1, 2023 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce that, further to the Company's July 27, 2023 news release, the Subscription Receipts (as defined below) will be listed for trading on the TSX Venture Exchange ("TSXV") under the symbol "HAM.R" effective as of the opening of markets on August 1, 2023. On July 27, 2023, the Company closed its previously announced "best efforts" marketed offering of [Read more]
Logan Energy Corp. announces extension of exercise term for common share purchase warrants
CALGARY, AB, Aug. 1, 2023 /CNW/ - Logan Energy Corp. ("Logan" or the "Company") (TSXV: LGN) is pleased to announce that the Company is extending the expiration date of the unlisted common share purchase warrants (the "Transaction Warrants") originally issued pursuant to a warrant indenture dated June 20, 2023 (the "Issuance Date") between the Company and Odyssey Trust Company ("Odyssey") in connection with the spin-out of the early stage Simonette, Pouce Coupe and Flatrock assets of Spartan [Read more]
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