BOE Report

Westgate Energy Inc. Announces Best-Efforts Financing Of Up To C$6.0 Million

/THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./ THE SHELF PROSPECTUS SUPPLEMENT, THE CORRESPONDING BASE SHELF PROSPECTUS AND ANY AMENDMENT TO THE DOCUMENTS IS ACCESSIBLE THROUGH SEDAR+ OR WILL BE ACCESSIBLE THROUGH SEDAR+ WITHIN 2 BUSINESS DAYS, AS APPLICABLE. CALGARY, AB, March 11, 2025 /CNW/ - Westgate Energy Inc. (the "Company" or "Westgate") (TSXV: WGT) is [Read more]

Rubellite Energy Corp. reports fourth quarter 2024 financial and operating results, year-end 2024 reserves, provides operations update and first quarter and full year 2025 guidance

CALGARY, AB, March 10, 2025 /CNW/ - (TSX: RBY) – Rubellite Energy Corp. ("Rubellite" or the "Company"), is pleased to report its fourth quarter 2024 financial and operating results and select information from the Company's independent year-end 2024 reserve report, evaluated by McDaniel and Associates Consultants Ltd. ("McDaniel"), provides an operations update and provides first quarter and full year 2025 guidance. A copy of Rubellite's audited financial statements, Management's Discussion and [Read more]

Westgate Energy announces agreement to acquire significant Mannville Stack land position and a US$25 million loan

CALGARY, AB, March 10, 2025 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), is pleased to announce that it has entered into an asset purchase and sale agreement (the "Acquisition Agreement") with an arm's length, large, well-financed private oil and gas company for the strategic acquisition of Mannville Stack focused assets in East-Central Alberta near Frog Lake (the "Acquisition Lands") for total cash consideration of $7.0 million, before closing adjustments (the [Read more]

Source Rock Royalties announces record annual royalty production & revenue

CALGARY, AB, March 10, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces unaudited(1) operational and financial highlights for fiscal 2024 and the fourth quarter of 2024 ("Q4 2024"). Annual royalty production and revenue were the highest results in Source Rock's 12-year history. Unaudited(1) annual results for fiscal 2024 were: Royalty Production - 251 boe/d (95% oil & [Read more]

Whitecap Resources and Veren to combine in a $15 billion transaction to create a leading Canadian light oil and condensate producer

CALGARY, AB, March 10, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage the combined asset base and technical expertise to drive [Read more]

Lucero Energy Corp. announces completion of acquisition by Vitesse Energy, Inc.

CALGARY, AB, March 7, 2025 /CNW/ - Lucero Energy Corp. ("Lucero") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce the completion of the acquisition by Vitesse Energy, Inc. ("Vitesse"). As previously announced, all outstanding common shares of Lucero (the "Lucero Shares") were acquired by Vitesse pursuant to a plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement"). Under the Arrangement, holders of Lucero Shares ("Lucero Shareholders") have the [Read more]

AltaGas reports fourth quarter and full year 2024 results

Strong Operating Performance Delivers 2024 Results in Upper Half of Guidance Range CALGARY, AB, March 7, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) reported fourth quarter and full year 2024 results, reaffirmed 2025 guidance, and provided an update on other corporate developments. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Normalized EPS1 was $0.76 in the fourth quarter and $2.18 for the full [Read more]

Ensign Energy Services Inc. Reports 2024 Results

CALGARY, AB, March 7, 2025 /CNW/ - 2024 HIGHLIGHTS The Company's fourth quarter and year-end 2024 results reflect the Company's commitment to cash flow generation, continued debt repayments, and the ability to leverage the Company's operational geographic footprint. Revenue for 2024 was $1,684.2 million, a six percent decrease from 2023 revenue of $1,791.8 million. Revenue amounts and percentage of total by geographic area: Canada - $496.5 million, 29 percent; [Read more]

Lucero Energy Corp. announces shareholder and court approval for plan of arrangement

CALGARY, AB, March 6, 2025 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV: LOU) (OTCQB: PSHIF) is pleased to announce that at the Company's special meeting (the "Meeting") of the holders (the "Lucero Shareholders") of common shares of Lucero (the "Lucero Shares") held this morning, the Lucero Shareholders passed a special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) [Read more]

Advantage Continues Refreshment of its Board of Directors

(TSX: AAV) CALGARY, AB, March 6, 2025 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") announces that effective today, two new independent members, Messrs. Lawrence Massaro and Daniel Farb, have been appointed to the Board. The following is a brief biography of each of these new directors. Lawrence Massaro Lawrence Massaro, known as Larry, was the Chief Executive Officer of Silverado Oil & Gas LLC from 2019 to 2022. Prior thereto, Mr. Massaro was the Chief Financial [Read more]