BOE Report

Perpetual Energy Inc. reports year-end 2021 financial and operating results and reserves and provides operations update and 2022 guidance

CALGARY, AB – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to release its fourth quarter and year-end 2021 financial and operating results and a summary of the Company's year-end 2021 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"). A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, [Read more]

Kiwetinohk schedules Q4, 2021 year-end results

CALGARY, AB - Prior to market open on Thursday, March 24, 2022, Kiwetinohk Energy Corp. (TSX: KEC) plans to report its fourth quarter and year-end 2021 financial and operating results, as well as its year end reserves update. On the same date at 9:00 AM MT (11:00 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 [Read more]

Petroshale Inc. announces 2021 fourth quarter and year-end financial & operating results; and 2021 year-end reserves

CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce financial and operating results for the three months and year ended December 31, 2021 and to provide 2021 year-end reserves information as evaluated by Netherland, Sewell & Associates, Inc. ("NSAI"). The associated Management's Discussion and Analysis ("MD&A") dated March 14, 2022 and audited financial statements as at and for the year ended December 31, 2021 can be found [Read more]

Inter Pipeline & Rockpoint Gas Storage submit proposal for a carbon capture sequestration hub

CALGARY, AB - Inter Pipeline ("IPL") and Rockpoint Gas Storage ("Rockpoint") are pleased to announce that they have submitted a joint application as part of Alberta's Energy's Request for Full Project Proposals ("RFPP") to develop a new carbon capture sequestration (CCS) hub ("the Project") in Alberta's Industrial Heartland. If approved and developed, the Project would provide carbon storage capacity of more than six million tonnes per annum, on an open access basis, to emitters in Alberta's [Read more]

Strathcona Resources Ltd. announces increased credit facility to C$1.5 billion and completion of amalgamation with Caltex Resources Ltd. and Stickney Resources Ltd.

CALGARY, AB - Strathcona Resources Ltd. ("Strathcona" or the "Company") is pleased to announce it has completed its amalgamation with Caltex Resources Ltd. ("Caltex") and Stickney Resources Ltd. ("Stickney"). On November 30, 2021, Strathcona and affiliates of Waterous Energy Fund ("WEF") acquired Caltex, a private oil company with high-margin enhanced oil recovery ("EOR") assets proximate to Strathcona's Lloydminster heavy oil EOR operations. At the time of acquisition, Caltex produced [Read more]

Headwater Exploration Inc. announces 2021 reserves, fourth quarter and year end 2021 operating and financial results and operations update

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces its operating and financial results for the three months and year ended December 31, 2021. 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 www.headwaterexp.com. In [Read more]

Tidewater Midstream and Infrastructure Ltd. announces fourth quarter 2021 results and operational update

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater Midstream" or the "Corporation") (TSX: TWM) 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, 2021. FOURTH-QUARTER 2021 HIGHLIGHTS 2021 was a year of solid execution for Tidewater Midstream. The Corporation delivered 2021 annual consolidated Adjusted EBITDA(1) of $210.4 million, a 17% increase [Read more]

Journey Energy Inc. generates $99 million of net income and $46 million of adjusted funds flow in 2021

CALGARY, AB - Journey Energy Inc. (TSX: JOY); (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its operating and financial results.  The complete set of financial statements and management discussion and analysis for the year ended December 31, 2021 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for 2021 and 2022 to date are as follows: Generated $99.1 million of net income for 2021 or $2.18 per basic, weighted average share [Read more]

Bonterra Energy Corp. announces fourth quarter and year end 2021 results

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2021. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year ended December 31, 2021 and annual information form ("AIF") as of December 31, 2021 are available on SEDAR at www.sedar.com and on Bonterra's website at [Read more]

Surge Energy Inc. announces 2021 fourth quarter and year-end financial and operating results, and 2021 year-end reserves

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter and year ended December 31, 2021, its year end 2021 reserves as independently evaluated by Sproule Associates Limited ("Sproule"), and a new net asset value ("NAV") of $16.94 per share for Total Proven Plus Probable reserves. The financial and operating results contained herein do not include a full quarter of contribution from Surge's strategic [Read more]