BOE Report

Tourmaline provides wildfire update

CALGARY, AB, May 8, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") provides an update on operations impacted by Alberta wildfires. Tourmaline staff and families have been safely evacuated from certain operated facilities and homes in the greater Edson area. The Company evacuated and shut down nine South and West Deep Basin gas processing facilities between the afternoon of Friday, May 5 and the afternoon of Saturday, May 6 as nearby fires expanded [Read more]

Kiwetinohk announces partial shutdown of facilities in proximity to Alberta wildfires

CALGARY, AB - To protect the health and safety of our employees, contractors and the community, Kiwetinohk has safely shut-in the majority of its Placid operations in response to downstream 3rd party interruptions that are in proximity to the Alberta wildfires. Safety is our top priority and we are actively responding to changes in the wildfire situation to protect people, the environment and our assets. We appreciate the hard work of emergency responders protecting our communities and [Read more]

AltaGas Announces Vern Yu As President and Chief Executive Officer

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced the appointment of Vern Yu as the company's next President and Chief Executive Officer, effective July 1, 2023. Mr. Yu will also join AltaGas' Board of Directors at the same time. The announcement follows an extensive global search process conducted by the Transition Committee of the Board, which included the evaluation of highly qualified internal and external candidates and was aided with the support of a global [Read more]

Paramount Resources Ltd. advises of impact of Alberta wildfires

CALGARY, AB, May 7, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) advises that its operations in the Grande Prairie and Kaybob Regions are being impacted by the ongoing wildfires in those areas.  Paramount has safely evacuated all of its affected personnel. As a result of the precautionary shut-in of fields and operated and third-party infrastructure, approximately 50,000 Boe/d of production has been temporarily curtailed since the evening of May 5. The Company [Read more]

ARC Resources Ltd. announces approval of resolutions at annual and general meeting of shareholders

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on May 5, 2023. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1.  Resolution to appoint 10 board members, with 91.12 per cent to 99.34 per cent of shares represented at the Meeting voting in favour of individual directors [Read more]

Advantage announces annual meeting voting results on election of Directors

CALGARY, AB, May - Advantage Energy Ltd. ("Advantage") is pleased to announce that on May 4, 2023 it held its annual general meeting of shareholders (the "Meeting"). A total of 124,481,542 common shares (approximately 74.87% of the outstanding common shares) were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of nine (9) nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors [Read more]

ARC Resources Ltd. reports first quarter 2023 results and announces the sanction of Attachie and dividend increase

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its first quarter 2023 financial and operational results, announced the sanctioning of Attachie Phase I, provided revisions to its 2023 guidance, and increased the dividend. HIGHLIGHTS Attachie Phase I Sanction and Revised Guidance The Board has approved the sanction of Attachie Phase I. The capital costs to construct and fill the facility are approximately $740 million. Attachie Phase I is expected [Read more]

Perpetual Energy Inc. reports first quarter 2023 financial and operating results and confirms 2023 guidance

CALGARY, AB – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to report its first quarter 2023 financial and operating results and confirm 2023 guidance. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2023, which are available through the Company's [Read more]

Surge Energy Inc. announces record production levels in Q1/23; financial & operating results for Q1/23; and an operations update on drilling results in Sparky and SE Saskatchewan core areas

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the Company's financial and operating results for the quarter ended March 31, 2023, and an update on Surge's latest drilling results. Q1 2023 FINANCIAL & OPERATING HIGHLIGHTS Q1/23 is the Company's first quarter that includes the full impact of the strategic acquisition of high quality, core area assets from Enerplus (the "Acquisition"), which closed in late Q4/22. In Q1/23 Surge delivered an [Read more]