BOE Report

Perpetual Energy Inc. announces election of directors

CALGARY, AB - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 30, 2023 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a director of [Read more]

Gibson Energy announces sanction of two new tanks at Edmonton and increased 2023 growth capital guidance

CALGARY, AB - Gibson Energy Inc. announced today it has sanctioned the construction of two tanks, representing 870,000 barrels of new tankage, at its Edmonton Terminal underpinned by a 15 year take-or-pay and stable fee-based contract agreement with Cenovus Energy Inc., an investment grade, senior integrated oil sands customer. "Gibson is very pleased with the sanction of two new tanks at our Edmonton Terminal, which will further increase our high-quality, long-term infrastructure revenues [Read more]

Kiwetinohk provides wildfire safety and operations update

CALGARY, AB, May 15, 2023 /CNW/ - Kiwetinohk today announced it is currently ramping up production from its Placid field as the 3rd party infrastructure suspended due to proximity to wildfire is now operational. At this time, approximately two-thirds of Kiwetinohk's Placid production has been restored. At Kiwetinohk's Simonette operations, a fire to the south of the 10-29 plant started on the weekend and is currently under control. A fire at the northern part of Kiwetinohk's land base continues [Read more]

AltaGas Ltd. closes aggregate $400 million medium term note offering

CALGARY, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has completed its issue of $400 million of senior unsecured medium term notes (the "Offering") with a coupon rate of 4.638 percent, maturing on May 15, 2026. The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facility and to refinance the senior unsecured medium-term note maturing in June 2023.  The Offering continues to stagger, extend and de-risk [Read more]

Source Rock Royalties declares monthly dividend

CALGARY, AB, May 15, 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 light oil focused royalties, announces that its board of directors has declared a monthly dividend of $0.0055 per common share, payable in cash on June 15, 2023 to shareholders of record on May 31, 2023. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Source Rock Royalties [Read more]

Surge Energy Inc. confirms June 2023 dividend

CALGARY, AB, May 15, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2023, in respect of May 2023 production, for the shareholders of record on May 31, 2023 will be $0.04 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's [Read more]

Tenaz Energy Corp. announces Q1 2023 results

CALGARY, AB, May 15, 2023 /CNW/ - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce its financial and operating results for the three months ended March 31, 2023. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available on SEDAR at www.sedar.com and on Tenaz's website at www.tenazenergy.com. Selected financial and operating information for the [Read more]

Paramount Resources Ltd. provides further Alberta wildfire update

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) advises that, as a result of the further development of the ongoing Alberta wildfires, the third-party Wapiti natural gas processing facility and the Company's fields producing to the facility were again shut down on the afternoon of May 12. Approximately 45,000 Boe/d of production in the Grande Prairie and Kaybob Regions is now temporarily curtailed. The Company is not aware of any significant damage or loss to [Read more]

Spartan Delta Corp. announces first quarter 2023 results

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three months ended March 31, 2023. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2023 and 2022, which are filed on SEDAR at [Read more]

InPlay Oil Corp. announces first quarter 2023 financial and operating results

CALGARY, AB, May 12, 2023 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three months ended March 31, 2023. InPlay's condensed unaudited interim financial statements and notes, as well as Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2023 will be available at "www.sedar.com" and our website at "www.inplayoil.com". Our corporate presentation will soon be available on our [Read more]