BOE Report

Source Rock Royalties announces record annual royalty production, revenue, adjusted EBITDA & funds from operations

CALGARY, AB, April 17, 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 results for the three-month period and year ended December 31, 2022. Fourth Quarter Highlights: Quarterly royalty revenue of $1,504,4211, an increase of 21% over Q4 2021. Quarterly Adjusted EBITDA2 of $1,399,621 ($0.031 per share), an increase of 27% over Q4 [Read more]

Tuktu Resources Ltd. announces closing of natural gas asset purchase in the southern Alberta foothills and director appointment

CALGARY, AB, April 17, 2023 /CNW/ - Tuktu Resources Ltd. ("Tuktu" or the "Company") (TSXV: TUK) is pleased to announce the closing of the acquisition of assets owned and operated by an arm's length public company in the southern Alberta Foothills (the "Assets"), as previously announced in a press release on March 21, 2023. As consideration for the Assets, Tuktu paid $2.25 million in cash prior to customary purchase price adjustments. The Company is also pleased to announce the appointment of [Read more]

Surge Energy Inc. confirms May 2023 dividend

CALGARY, AB, April 17, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 15, 2023, in respect of April 2023 production, for the shareholders of record on April 30, 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]

Whitecap Resources Inc. confirms monthly dividend for April of $0.0483 per share and announces first quarter 2023 results conference call/webcast

CALGARY, AB, April 13, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of April operations will be paid on May 15, 2023 to shareholders of record on April 30, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its first quarter 2023 results after market close on Wednesday, April 26, 2023 and has scheduled a [Read more]

Source Rock Royalties announces transition to monthly dividend and 10% annualized dividend increase

CALGARY, AB, April 12, 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 an inaugural monthly dividend of $0.0055 per common share, payable in cash on May 15, 2023 to shareholders of record on April 28, 2023. On an annualized basis, this monthly dividend equates to a 10% dividend increase. This [Read more]

Gibson Energy confirms 2023 first quarter earnings release and annual general meeting dates and provides conference call & webcast details

CALGARY, AB, April 10, 2023 /CNW/ - Gibson Energy Inc. announced today that it expects to release its 2023 first quarter and operating results on Monday, May 1, 2023 after the close of North American markets. The 2023 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A conference call and webcast will [Read more]

Lucero Energy Corp. announces inaugural sustainability report

CALGARY, AB, - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce the release of the Company's inaugural sustainability report (the "Sustainability Report"). Lucero's Sustainability Report highlights achievements and performance metrics for the 2022, 2021 and 2020 calendar years and is designed to provide stakeholders with progress on key environmental, social and governance ("ESG") practices, including insights into how those factors integrate [Read more]

Advantage Announces Renewal of Normal Course Issuer Bid and Automatic Share Purchase Plan

CALGARY, AB, April 6, 2023 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") announced today that the Corporation is proceeding with, and the Toronto Stock Exchange (the "TSX") has approved, the Corporation renewing its normal course issuer bid (the "Bid"). Pursuant to the Bid, Advantage will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 16,201,997 common shares of the Corporation. The Bid will commence on April 13, 2023 and will [Read more]

Deloitte Canada forecasts lower natural gas prices to continue this year

CALGARY, AB - North American natural gas prices, which dropped significantly during the first quarter of this year, are expected to remain lower through most of 2023, according to the latest forecast from Deloitte Canada's Resource Evaluation and Advisory (REA) group, "Energy M&A spotlight: Buy with strategy, sell with purpose." High storage levels and increased production in both Canada and the United States have created an imbalance between supply and demand that is putting downward [Read more]

Canada Energy Partners announces private placement of convertible debentures

VANCOUVER, BC, April 4, 2023 /CNW/ - Canada Energy Partners Inc. (NEX: CE.H) (the "Corporation"). The Corporation announces a private placement of convertible debentures to secure up to $150,000. The convertible debentures will be non-interest bearing, will have a maturity date of 12 months and the principal amount may at the option of a holder be converted into units consisting of a common share at an issuance price of $0.05 and a share purchase warrant entitling the holder thereof to acquire [Read more]