BOE Report

Tamarack Valley Energy announces second quarter 2022 financial results, non-core asset disposition, operational update, H2 2022 guidance & updated return of capital framework

CALGARY, AB, July 28, 2022 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. Selected financial and operating information is outlined below and should be read with Tamarack's consolidated financial statements and related management's discussion and analysis (MD&A) for the three and six months ended June 30, 2022, which are available on SEDAR at www.sedar.com [Read more]

MEG Energy announces second quarter results including continued debt repayment, inaugural share repurchases and renewal of credit facilities

CALGARY, AB, July 28, 2022 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its second quarter 2022 operational and financial results. "The second quarter saw MEG initiate its share buyback program as well as continue to make significant progress on debt reduction. Year-to-date we have applied over $1 billion of free cash flow to debt repayment and share repurchases," said Derek Evans, President and Chief Executive Officer. "Importantly in the quarter, the team safely [Read more]

Vermilion Energy Inc. announces second quarter 2022 release date and conference call and webcast details

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2022 second quarter operating and condensed financial results on Thursday, August 11, 2022 after the close of North American markets. The unaudited financial statements and management discussion and analysis for the three and six months ended June 30, 2022 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR [Read more]

Yangarra announces 2022 second quarter financial and operating results

CALGARY, AB, July 28, 2022 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results for the three and six months ended June 30, 2022. During the second quarter of 2022, Yangarra generated funds flow from operations of $50.0 million ($0.57 per basic share), while generating net income of $30.6 million ($0.35 per basic share). By maintaining a disciplined capital program, the Company was able to reduce adjusted net debt by $23.1 [Read more]

AltaGas announces second quarter 2022 results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported second quarter 2022 financial results and provided an update on the Company's operations. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Normalized EPS1 of $0.08 and GAAP EPS2 of $0.12 in the second quarter of 2022 compared to $0.08 and $0.09 in the second quarter of 2021, respectively. Normalized FFO per share1 of $0.60 and GAAP FFO per share3 of [Read more]

Surge Energy Inc. announces record second quarter financial & operating results; return of capital framework; operations update; and 2022 capital and operating budget update

CALGARY, AB, July 27, 2022 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the Company's financial and operating results for the quarter ended June 30, 2022, an update on Surge's shareholder returns framework, an operations update, and revisions to the Company's 2022 capital and operating budget. Q2 2022 FINANCIAL & OPERATING HIGHLIGHTS An extremely tight physical market for crude oil has manifested from continued growth in demand, supply disruptions [Read more]

Topaz announces strategic acquisition of additional Peace River and deep basin royalty assets and increased 2022 guidance

CALGARY, AB, July 27, 2022 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that in furtherance of its acquisition growth strategy, it has entered into definitive agreements with Tourmaline Oil Corp. ("Tourmaline") for the purchase of newly created gross overriding royalty interests on approximately 0.2 million gross acres of developed and undeveloped land in the Peace River and Deep Basin play areas of Alberta, for total cash consideration of $52.0 million [Read more]

Tourmaline delivers record cash flow and free cash flow in Q2 2022, declares special dividend and announces strategically timed growth projects

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the second quarter ("Q2") of 2022, declare a special dividend and announce strategically timed growth projects. HIGHLIGHTS Second quarter 2022 cash flow(1)(2) ("CF") was a record $1.35 billion ($3.95 per diluted share(3)), a 137% increase over second quarter 2021 cash flow. Net debt(4) at June 30, 2022, was $430.0 million, well below the long-term [Read more]

Tidewater Renewables Ltd. provides second quarter 2022 update

CALGARY, AB, July 27, 2022 /CNW/ - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) is pleased to provide a second quarter 2022 update. The Corporation's base business continues to outperform. Tidewater Renewables expects to generate 2022 and 2023 run rate EBITDA at the high end of the previously disclosed ranges of $50-55 million and $140-150 million, respectively. The Corporation remains optimistic about further outperformance in 2023, anchored by strong [Read more]

Kiwetinohk schedules Q2, 2022 quarterly results

CALGARY, AB - Kiwetinohk Energy Corp. (TSX: KEC) plans to report its second quarter 2022 financial and operating results prior to market open on Thursday, August 11, 2022. On the same date at 8:00 AM MT (10:00 AM ET), management will host a conference call to discuss results and field questions. Participants will be able to listen to the conference call by dialing 1-888-220-8451 (North America toll free) or 1-647-484-0475 (Toronto and area).  A replay of the call will be available until [Read more]