BOE Report

Tourmaline delivers record free cash flow in third quarter 2021

CALGARY, AB  - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release  financial and operating results for the third quarter of 2021. HIGHLIGHTS Record quarterly cash flow(1) of $761.3 million and free cash flow(2) of $369.5 million in the third quarter. Current production is ranging between 485,000 – 490,000 boepd; the Company expects to achieve 500,000 boepd by early December, a month earlier than previously anticipated. The Company now expects [Read more]

Yangarra announces 2021 third quarter financial and operating results

CALGARY, AB - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results for the three and nine months ended September 30, 2021. Third Quarter Highlights Average production of 8,710 BOE/D (46% liquids) during the quarter, a 4% increase from the same period in 2020 Sales were $35.9 million, an increase of 90% from the same period in 2020 Funds flow from operations of $24.1 million ($0.28 per share – basic), an increase of 140% [Read more]

ConocoPhillips Canada joins Oil Sands Pathways to Net Zero alliance

CALGARY, AB - The Oil Sands Pathways to Net Zero alliance has expanded to include ConocoPhillips Canada. The Pathways initiative was established with the goal of achieving net zero greenhouse gas (GHG) emissions from oil sands operations by 2050. With this latest addition, the alliance, which includes Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy, now operates facilities representing about 95 per cent of Canada's oil sands production. "Meeting the world's [Read more]

Keyera Corp. announces 2021 third quarter results

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced its 2021 third quarter financial results today, the highlights of which are included in this news release. To view the MD&A and financial statements, visit either Keyera's website or Keyera's filings on SEDAR at www.sedar.com. Third Quarter Financial Highlights Adjusted earnings before interest, taxes, depreciation, and amortization ("adjusted EBITDA"1) was $214 million, compared to $196 million in Q3 2020. The increase [Read more]

49 North Resources INC. reminder – rights offering expires Nov. 10, 2021

SASKATOON, SK - 49 North Resources Inc. ("49 North" or the "Company") (TSXV: FNR) reminds holders of the Company's outstanding rights ("Rights") (TSXV: FNR.RT) of important, upcoming deadlines and details for the Rights offering ("Rights Offering") previously announced on September 22, 2021. The Company announced on September 22, 2021, an offer to shareholders of record on October 1, 2021, Rights to purchase Units of the Company.  Each Unit consists of one common share and one common share [Read more]

Keyera announces November 2021 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for November 2021 of 16.00 cents per common share. The dividend will be payable on December 15, 2021, to shareholders of record on November 22, 2021. The ex-dividend date is November 19, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. [Read more]

Petroshale announces schedule for third quarter 2021 results release

CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) today confirms the Company intends to release its financial and operating results for the three and nine months ended September 30, 2021 after markets close on or around Monday, November 22nd, 2021. The earnings release and accompanying materials will be available on SEDAR at www.sedar.com, on the OTCQB website at www.otcmarkets.com, and on PetroShale's website at www.petroshaleinc.com. About [Read more]

Enerplus closes the sale of non-strategic interests in the Williston Basin

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) announced today that it has closed the previously announced sale of its Sleeping Giant (Montana) and Russian Creek (North Dakota) interests in the Williston Basin for total consideration of US$115 million, before customary closing adjustments. In addition, Enerplus will receive up to US$5 million in contingent payments if the WTI oil price averages over US$65 per barrel in 2022 and over US$60 per barrel in [Read more]

Surge Energy Inc. announces closing of $58 million Southeast Saskatchewan light oil acquisition; upward revision to 2022 guidance

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the completion of the previously announced acquisition of Fire Sky Energy Inc. ("Fire Sky") pursuant to an amalgamation (the "Transaction") under the provisions of The Business Corporations Act (Saskatchewan). FIRE SKY ACQUISITION CLOSED Surge has been advised by Fire Sky that the amalgamation was approved by 97.6% of the Fire Sky Shares voted at the special meeting of Fire Sky shareholders to [Read more]

MEG Energy announces third quarter of 2021 results and conference call

CALGARY, AB Third Quarter Results Release: November 8, 2021 after market close Conference Call Details: November 9, 2021 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688                                                                              Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on November [Read more]