BOE Report

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]

Rubellite Energy Inc. announces Clearwater land purchases and $25.6 million in equity financings

CALGARY, AB – Rubellite Energy Inc. ("Rubellite", or the "Company") is pleased to announce that it has entered into a bought deal financing with a syndicate of underwriters led by Peters & Co. Limited (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought-deal basis, 4.8 million common shares ("Common Shares") of Rubellite at a price of $3.55 per Common Share for gross proceeds of approximately $17 million (the "Offering"). The [Read more]

Rubellite Energy Inc. announces Peavine transaction, reports year-end 2021 financial and operating results and reserves, and provides operations update and 2022 guidance

CALGARY, AB - (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 2021 financial and operating results; Provide a summary of the Company's year-end 2021 reserves as evaluated by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"); Provide a drilling operations update; Announce that Rubellite has entered into a letter [Read more]

Spartan Delta Corp. announces year-end 2021 financial results, record net income and cash flows, and filing of its 2021 AIF

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its operating and audited financial results for the year ended December 31, 2021, and filing of its Annual Information Form ("AIF"). Spartan would like to acknowledge and express its support for Ukraine as its people continue to defend their democratic rights and freedoms from Russian aggression. Spartan is saddened with the tragic loss of life, forced displacement and destruction caused from [Read more]

Vermilion Energy Inc. announces results for the year ended December 31, 2021

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the year ended December 31, 2021. The audited financial statements, management discussion and analysis and annual information form for the year ended December 31, 2021 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml, and on [Read more]

Tidewater Midstream and Infrastructure Ltd. releases its inaugural ESG Report

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater Midstream" or the "Corporation") (TSX: TWM) is pleased to announce the release of its inaugural ESG Report summarizing the Corporation's performance on several key environmental, social and governance ("ESG") topics and highlighting its commitment to responsible energy development. "Tidewater Midstream is excited about our role within the energy industry to reliably and cost-effectively deliver sustainable energy [Read more]

MEG Energy announces full year 2021 results, additional debt repayment and advancement of shareholder return strategy

CALGARY, AB - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its full year 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with COVID-19 and remains committed to ensuring the health and safety of all its personnel and the safe and reliable operation of the Christina Lake facility. "As we exit 2021, MEG is very well positioned from an operational and financial perspective to continue to deliver on its [Read more]

AltaGas reports strong 2021 results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported fourth quarter and full year 2021 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 was $0.38 in the fourth quarter and $1.78 for the full year in 2021 while GAAP EPS2 was $(0.56) in the fourth quarter and $0.82 for the full year in 2021. Full year normalized EPS increased [Read more]

Tamarack Valley Energy Announces Fourth Quarter and Year End 2021 Financial Results and Operational Update

CALGARY, AB, March 3, 2022 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its audited financial and operating results for the three months and year ended December 31, 2021. Selected financial and operating information is outlined below and should be read with Tamarack's audited annual consolidated financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2021, which are available [Read more]

MEG Energy announces US$171 million debt repayment

CALGARY, AB - MEG Energy Corp. ("MEG" or the "Company") (TSX: MEG) announced today that it has issued a notice to redeem the remaining US$171 million principal balance outstanding of its 6.50% senior secured second lien notes due 2025 (the "Second Lien Notes") at a redemption price of 101.625%, plus accrued and unpaid interest to, but not including, the redemption date.  The redemption is expected to be completed on or about April 4, 2022. Inclusive of the redemption, MEG will have redeemed in [Read more]