BOE Report

Paramount Resources Ltd. announces September divided and transaction update

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per common share that will be payable on September 29, 2022 to shareholders of record on September 15, 2022.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. The Company is also pleased to announce the closing of its previously announced $68.5 million Willesden Green Duvernay [Read more]

Source Rock Royalties appoints new Chief Financial Officer

CALGARY, AB - 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 in Saskatchewan and Alberta, announces that effective September 1, 2022, Ms. Cheryne Lowe has been appointed as Source Rock's Chief Financial Officer ("CFO"). Ms. Lowe replaces Mr. Sean Clausen, who was Source Rock's CFO since 2013. Source Rock is very grateful for Mr. Clausen's lengthy tenure with the company [Read more]

Canada Energy Partners completion of first closing of units – $227,500

VANCOUVER, BC - Canada Energy Partners Inc. (NEX: CE.H) (the "Company") is pleased to announce that it has completed the first closing of its previously announced private placement of units for gross aggregate proceeds of $227,500. The units were issued at $0.05 and consist of a common share and a share purchase warrant entitling the holder to acquire an additional common share at an exercise price of $0.15 for a period of 12 months. The Company paid finder's fees to eligible arm's length [Read more]

Source Rock Royalties announces record quarterly & monthly royalty revenue

CALGARY, AB - 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 in Saskatchewan and Alberta, announces financial and operating results for the three and six months ended June 30, 2022. Second Quarter Highlights: Record quarterly royalty revenue of $1,903,802, an increase of 82% compared to Q2 2021 and 25% higher than Q1 2022. Record monthly royalty revenue [Read more]

ARC Resources Ltd. receives TSX approval for renewal of normal course issuer bid

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today that the Toronto Stock Exchange ("TSX") has accepted the notice filed by ARC to commence a normal course issuer bid ("NCIB"). The NCIB allows ARC to purchase up to 65,269,511 of its outstanding common shares ("Common Shares"), representing 10 per cent of its public float, over a 12-month period, commencing September 1, 2022. The NCIB continues to complement ARC's sustainable and growing dividend in the [Read more]

Clearview Resources Ltd. reports second quarter results of 2022

CALGARY, AB - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results for the three and six months ended June 30, 2022. "Clearview has made significant progress in transforming the Company's balance sheet by further reducing bank debt in the second quarter. During this time, Clearview repaid the Export Development of Canada loan, renewed its credit facility and sold a non-core property. As a result, the Company had bank debt of $3.2 [Read more]

Highwood Asset Management Ltd. Announces 2022 Second Quarter Financial and Operating Results along with Operational Update

/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Aug. 29, 2022 /CNW/ - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three and six months ended June 30, 2022. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2022, can be found at www.sedar.com and [Read more]

Pan Orient Energy Corp. – Completion of arrangement

CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient") (TSXV: POE) is pleased to announce the completion today of its arrangement, announced on June 6, 2022, under the Business Corporations Act (Alberta) (the "Arrangement") involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp. ("CanAsia"), Dialog Systems (Asia) Pte Ltd. ("DIALOG") and its wholly owned subsidiary, 2432707 Alberta Ltd. (the "Purchaser"). As a result of the Arrangement: (a) DIALOG, through the Purchaser, acquired [Read more]

Kiwetinohk consolidates Montney assets and plans increased Montney drilling program

CALGARY, AB - Kiwetinohk Energy Corp. (TSX: KEC) has entered into an agreement to acquire an additional 28.5% average working interest in Kiwetinohk-operated Montney assets in the Placid area for total cash consideration of $61.4 million (purchase price net of adjustments is approximately $59 million) (the Acquisition). The Acquisition includes 1,200 boe/d (45% oil & liquids) of current Montney production and increases Kiwetinohk's Placid area natural gas processing and condensate handling [Read more]

Pan Orient Energy Corp. – shareholder approval of arrangement

CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient") (TSXV: POE) is pleased to announce that its shareholders overwhelmingly approved, at a special meeting held earlier today, the previously announced, on June 6, 2022, arrangement under the Business Corporations Act (Alberta) (the "Arrangement") involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp. ("CanAsia"), Dialog Systems (Asia) Pte Ltd. ("DIALOG") and its wholly owned subsidiary, 2432707 Alberta Ltd. (the [Read more]