BOE Report

Canadian Association of Petroleum Producers opens the market

TORONTO - Lisa Baiton, President and Chief Executive Officer, Canadian Association of Petroleum Producers (CAPP), Craig Bryksa, Chair, CAPP, Jeff Tonken, Vice Chair, CAPP, and other CAPP Members along with Brad Wells, Head of Energy, BMO Capital Markets and his team joined David Chelich, Sector Head, Business Development, Toronto Stock Exchange (TSX), to open the market and celebrate the inaugural BMO Capital Markets CAPP Energy Symposium.   The annual conference provides a key forum [Read more]

InPlay Oil Corp. confirms monthly dividend for April 2023

CALGARY, AB - 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 April 28, 2023, to shareholders of record at the close of business on April 17, 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 is a junior oil and gas [Read more]

Vermilion Energy Inc. confirms first quarter 2023 release date and filing of the management information circular in connection with the annual general meeting of shareholders

CALGARY, AB, April 3, 2023 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2023 first quarter operating and condensed financial results on Wednesday, May 3, 2023 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2023 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at [Read more]

Ovintiv to acquire core Midland Basin assets in over $4 billion deal

Highlights: Acquiring approximately 65,000 net acres of largely undeveloped resource in Martin and Andrews Counties, highly complementary with Ovintiv's existing Permian Basin position Valued at approximately 2.8 times next twelve months ("NTM") Adjusted EBITDA with a 19% NTM Non-GAAP Free Cash Flow Yield at current commodity strip pricing Adds approximately 1,050 net well locations, including approximately 800 premium(1) return well locations and approximately 250 high potential [Read more]

Journey Energy Inc. provides 2023 guidance; extends AIMco term debt payment from October 2023 to April 2024

CALGARY, AB, April 3, 2023 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is providing preliminary guidance for 2023, following the closing of its flow through share issuance on March 23, 2023. This update is accompanied by an updated Corporate Presentation posted on the Company's website at www.journeyenergy.ca. On July 28, 2022 Journey announced its intention to enter into a significant transformative acquisition (the "Acquisition"). This acquisition [Read more]

Paramount Resources Ltd. announces April dividend

CALGARY, AB, April 3, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on April 28, 2023 to shareholders of record on April 14, 2023. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. About Paramount Paramount is an independent, publicly traded, liquids-focused Canadian energy company that [Read more]

Canada Energy Partners confirms no pending news filing of interim financial statements

VANCOUVER, BC - Canada Energy Partners Inc. (NEX: CE.H) (the "Corporation") confirms that it has no pending news to announce. The Corporation also announces that it has filed its financial statements for the 9 month interim financial period ended January 31, 2023, associated MD&A and officer's certificates on SEDAR. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the [Read more]

Vermilion Energy Inc. confirms closing of Southeast Saskatchewan asset sale

CALGARY, AB, March 29, 2023 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to confirm the closing of the previously announced sale of non-core assets in southeast Saskatchewan for gross proceeds of $225 million, prior to closing adjustments. The assets are comprised of approximately 5,500 boe/d of non-core light oil production spread across the greater Arcola and Queensdale areas of southeast Saskatchewan. The divestment was part of our strategy to re-position [Read more]

Rubellite Energy Inc. Financing

This press release is being issued pursuant to section 5.2 of National Instrument 62-104 – Take-Over Bids and Issuer Bids. CALGARY, AB, March 28, 2023 /CNW/ - Dreamworks Investment Holdings Ltd. ("Dreamworks") and Susan L. Riddell Rose ("S. Rose") has acquired an aggregate of 3,514,600 common shares ("Common Shares") of Rubellite Energy Inc. ("Rubellite") at a price of $2.85 per Common Share for aggregate consideration of $10,016,610. The Common Shares were acquired by Dreamworks and S. [Read more]

Rubellite Energy Inc. announces closing of previously announced non-brokered private placement offering of flow-through common shares

CALGARY, AB, March 28, 2023 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Corporation") is pleased to announce it has closed its previously announced non-brokered private placement offering of common shares ("Flow-Through Shares") issued on a "flow through" basis (the "Offering"). Pursuant to the Offering, the Corporation issued the maximum 7.0 million Flow-Through Shares at an issue price of $2.85 per Flow-Through Share, for gross proceeds of approximately $20.0 million. [Read more]