BOE Report

MEG Energy announces first quarter 2023 financial and operating results

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted [Read more]

InPlay Oil Corp. confirms monthly dividend for May 2023

CALGARY, AB, May 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 May 31, 2023, to shareholders of record at the close of business on May 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 [Read more]

Topaz announces first quarter 2023 results, achieves record royalty production and declares quarterly dividend

CALGARY, AB, May 1, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide first quarter 2023 financial results and confirm the Company's 2023 guidance estimates.  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 three months ended March 31, 2023, which are available on SEDAR at [Read more]

AltaGas announces election of directors

CALGARY, AB, April 28, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce the final director election results from its 2023 Annual General Meeting of Shareholders held on April 28, 2023 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting of shareholders or until their successors are duly elected or appointed. The detailed results of the vote are set out [Read more]

Highwood Asset Management Ltd. announces 2022 fourth quarter and year end results, 2022 year end reserves along with operational update

CALGARY, AB, April 28, 2023 /CNW/ - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three months and twelve months ended December 31, 2022 and to provide the results of its independent oil and gas reserves evaluation as of December 31, 2022, prepared by GLJ Petroleum Consultants Ltd. ("GLJ").  The Company also announces that its audited financial statements and associated Management's Discussion and Analysis [Read more]

On target: 2022 sustainability report shows ATCO’S continuing strong environmental, social, and governance performance

CALGARY, AB - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) / Canadian Utilities Limited (TSX: CU) (TSX: CU.X) Today, ATCO released its 2022 Sustainability Report highlighting the company's sustainability and environmental, social, and governance (ESG) performance including strategies, initiatives, targets, and metrics.  The report focuses on the transition to low-carbon energy; climate change and environmental stewardship; operational reliability and resilience; community and Indigenous relations; [Read more]

Lycos Energy Inc. announces 2022 year end reserves and operating and financial results

CALGARY, AB, April 27, 2023 /CNW/ - Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce its operating and financial results for the three months and year ended December 31, 2022 and the results of Lycos' year-end independent oil and gas reserves evaluation as of December 31, 2022 (the "Reserve Report"), prepared by Sproule Associates Limited ("Sproule"), the Company's independent qualified reserves evaluator.  Selected financial, operating and reserves information is [Read more]

Advantage announces first quarter 2023 financial and operating results

CALGARY, AB - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report its first quarter 2023 results, including 25% growth in production per share (year-over-year), while net debt(a) remained below our $200 million target. Development operations continued at a steady pace with a focus on our liquids-weighted assets at Wembley, Valhalla and Progress. Financial Highlights Cash provided by operating activities of $106.0 million Adjusted funds flow ("AFF")(a) of [Read more]

Clearview Resources Ltd. reports record year end results

CALGARY, AB, April 27, 2023 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results for the year ended December 31, 2022. "The twelve months ended December 31, 2022 marked a year of transformation for Clearview.  The Company achieved record revenues and cash flow and repaid all its bank borrowings", commented Rod Hume, Clearview's CEO. "We have also completed a significant asset rationalization process, [Read more]

Yangarra announces 2023 first quarter financial and operating results

CALGARY,  AB, April 27, 2023 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results for the three months ended March 31, 2023. Operations Update Yangarra drilled eight and completed nine wells during the first quarter of 2023 and exited Q1 with five drilled but uncompleted wells.  Included in the Q1 completion program were three wells in the new Chambers area, along with the full commissioning of a 15 mmcf/d compression [Read more]