BOE Report

Surge Energy Inc. confirms April 2023 dividend

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on April 17, 2023, in respect of March 2023 production, for the shareholders of record on March 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 defined operating [Read more]

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

CALGARY, AB, March 13, 2023 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Corporation") is pleased to announce an insider led non-brokered private placement offering of common shares to be issued on a "flow through" basis pursuant to the Income Tax Act (Canada) (the "Tax Act") with respect to Canadian development expense (the "Flow-Through Shares"). The Corporation intends to issue up to 7.0 million Flow-Through Shares at an issue price of $2.85 per Flow-Through Share, for [Read more]

Headwater Exploration Inc. announces 2022 reserves, year-end 2022 operating and financial results, operations update and declares quarterly dividend

CALGARY, AB, March 9, 2023 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces its operating and financial results for the three months and year ended December 31, 2022. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management's discussion and analysis ("MD&A").  These filings will be available at www.sedar.com and the Company's website at [Read more]

Lucero Energy Corp. announces fourth quarter and year-end 2022 financial & operating results, highlighted by record funds flow and net income, and reports year-end 2022 reserves

CALGARY, AB, March 9, 2023 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce financial and operating results for the three months and year ended December 31, 2022, and to provide 2022 year-end reserves information. The associated Management's Discussion and Analysis ("MD&A") and audited financial statements as at and for the year ended December 31, 2022 can be found at www.sedar.com or www.lucerocorp.com. All dollar amounts in this news [Read more]

Rubellite Energy Inc. reports fourth quarter 2022 financial and operating results and provides operations and guidance update

CALGARY, AB, March 9, 2023 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to report fourth quarter and year-end 2022 financial and operating results, a summary of the Company's year-end 2022 reserves evaluated by independent qualified reserves evaluators McDaniel and Associates Consultants Ltd. ("McDaniel") and provide an operations and first quarter 2023 guidance update. A complete copy of [Read more]

Bonterra Energy Corp. announces fourth quarter and year end 2022 results highlighted by a 77% increase in funds flow and 44% decrease in net debt

5% Growth in production & 53% increase in oil & gas sales 77% Increase in funds flow1 and 182% growth in free funds flow1 contributed significantly to improving the balance sheet 44% lower net debt drove leverage ratio down to 0.8X while strategic debt restructuring affords Bonterra enhanced liquidity with approximately $17 million drawn on a $110 million bank credit facility CALGARY, AB, March 9, 2023 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) [Read more]

Keyera announces March 2023 dividend

CALGARY, AB, March 9, 2023 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera" or the "Company") announced today a cash dividend for March 2023 of 16.00 cents per common share. The dividend will be payable on March 31, 2023, to shareholders of record on March 22, 2023. The ex-dividend date is March 21, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera [Read more]

Tidewater Midstream and Infrastructure Ltd. announces fourth quarter 2022 results

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation", "us", "we", or "our") (TSX: TWM) has filed its annual consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2022. FOURTH-QUARTER AND YEAR-END 2022 HIGHLIGHTS Net income attributable to shareholders was $8.5 million for the year ended December 31, 2022. The fourth quarter of 2022 had a net loss attributable to shareholders of [Read more]

Cenovus, Enbridge to face shareholder vote on lobbying practices companies’ net zero alignment in question

CALGARY, AB - Shareholders at Cenovus and Enbridge will vote on proposals regarding their lobbying practices filed by Investors for Paris Compliance (I4PC). Both companies have made a net zero commitment, but evidence filed in the proposals shows the companies advocating against climate policy and in favour of fossil fuel expansion which would increase emissions. "You can't just say you are committed to net zero then lobby governments against it," said Duncan Kenyon, Director of Corporate [Read more]

Tidewater Renewables Ltd. announces fourth quarter 2022 results and HDRD complex update

CALGARY, AB - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) is pleased to announce that it has filed its annual consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2022. FOURTH QUARTER 2022 HIGHLIGHTS Tidewater Renewables completed its first full year of operations with net income attributable to shareholders of $25.9 million, Adjusted EBITDA(1) of $62.4 million and distributable [Read more]