BOE Report

Spartan Delta Corp. announces 2022 year-end results and reserves

CALGARY, AB, March 2, 2023 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2022, as well as highlights of the Company's year-end reserves evaluation. Selected financial and operational information is set out below and should be read in conjunction with Spartan's audited consolidated annual financial statements and related management's discussion and [Read more]

Crescent Point announces 2022 results & reserves

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2022. KEY HIGHLIGHTS Generated significant excess cash flow of approximately $1.2 billion, driven by a strong netback asset base. Reduced net debt by approximately $850 million, or over 40 percent. Returned nearly $500 million to shareholders through dividends and share repurchases totaling [Read more]

Yangarra announces 2022 year end financial and operating results

CALGARY, AB - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and  operating results for the year ended December 31, 2022. 2022 Highlights Average production of 11,022 boe/d (45% liquids), an increase of 23% from 2021 Oil and gas sales of $243 million, an increase of 73% from 2021 Funds flow from operations of $177 million ($1.92 per share – fully diluted) an increase of 95% from 2021 Adjusted EBITDA of $187 million ($2.03 per share – [Read more]

AltaGas reports strong 2022 results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported fourth quarter and full year 2022 financial results, announced closing the divestiture of the Alaskan Utilities, reaffirmed 2023 financial guidance, announced recent contract awards, and provided an update on its operations. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Normalized EPS1 was $0.63 in the fourth quarter and $1.89 for the full year of 2022 [Read more]

Crescent Point announces filing of 2022 annual information form and Form 40-F

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2022, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR"). In addition, Crescent Point has filed its Form 40-F for the year ended December 31, 2022, which includes the AIF, with the United States Securities and Exchange Commission on the [Read more]

Crescent Point confirms quarterly dividend and declares special dividend

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a special dividend and confirms the previously announced quarterly base dividend in alignment with the Company's return of capital framework. A special cash dividend of $0.032 per share based on Crescent Point's fourth quarter 2022 financial results will be paid on March 17, 2023 to shareholders of record on March 10, 2023. As previously [Read more]

Tamarack Valley Energy announces year-end 2022 reserves & financial results and provides operational update

TSX: TVE CALGARY, AB, March 1, 2023 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its audited financial and operating results for the three months and year ended December 31, 2022 and the results of Tamarack's year end independent oil and gas reserves evaluation as of December 31, 2022 (the "Reserve Report"), prepared by Tamarack's independent qualified reserves evaluator, GLJ Ltd. ("GLJ"). Selected reserves, financial and operating information is [Read more]

Tourmaline delivers record cash flow, free cash flow and earnings in 2022, increases 2P reserves to 4.5 billion BOE and declares dividend for Q1 2023

CALGARY, AB, Mar. 1, 2023 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2022, as well as 2022 reserves.   HIGHLIGHTS Full-year 2022 cash flow(1) ("CF") was a record $4.9 billion ($14.26 per diluted share(2)) up 67% over 2021. Fourth quarter 2022 CF was $1.4 billion ($4.08 per diluted share). Tourmaline generated a record $3.2 billion of free [Read more]

InPlay Oil Corp. Confirms Monthly Dividend for March 2023

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

Journey Energy Inc. announces upsizing of previously announced “Bought Deal” public offering of flow-through common shares

CALGARY, AB - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the  syndicate of underwriters, led by Stifel FirstEnergy (collectively, the "Underwriters"), to increase the size of its previously announced "bought deal" public offering of "flow-through shares" with respect to "Canadian development expenses" within the meaning of the Income Tax Act (Canada) and the regulations thereunder in [Read more]