BOE Report

Advantage Announces Record 2024 Year-End Results and Reserves; First Charlie Lake Wells Exceeding Historical Type Curves by More Than 65%

(TSX: AAV) CALGARY, AB, March 4, 2025 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2024 year-end financial and operating results as well as reserves. Advantage achieved exceptional results during 2024, with record production, significant liquids growth, strong reserves results, significantly improved per-share profitability, a highly accretive acquisition and successful integration of the new assets. 2024 Financial Highlights Cash provided by [Read more]

Enbridge Poised to Capitalize on Multiple Growing Energy Demand Themes; Extends Growth Outlook through the End of the Decade; Reaffirms Financial Outlook

CALGARY, AB, March 4, 2025 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) is reiterating its strategic priorities, demonstrating the visibility of its growth outlook, and reaffirming its financial outlook which will be discussed further at the Company's investor conference today in New York. A virtual broadcast of the event is also available for registered participants (link). Highlights Growing secured investment backlog to $29 billion; $2.5 billion of new [Read more]

Fiddlehead Resources Issues Operational Update

CALGARY, AB, March 3, 2025 /CNW/ - Fiddlehead Resources Corp.  ("Fiddlehead" or the "Company") (TSXV: FHR.V) is pleased to provide an operations update on its acquired Ferrier property (the "Acquired Assets"). OPERATIONS UPDATE Fiddlehead continues to focus on well and facility operations of the Acquired Assets, with the Company having wellsite monitoring systems and personnel now in place. Fiddlehead has identified several optimization opportunities in existing wellbores that [Read more]

InPlay Oil Corp. Confirms Monthly Dividend for March 2025

CALGARY AB, March. 3, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.015 per common share payable on March 31, 2025, to shareholders of record at the close of business on March 14, 2025. The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. [Read more]

Advantage Announces Formation of Special Committee

(TSX: AAV) CALGARY, AB, Feb. 28, 2025 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") announces that on February 13, 2025, Advantage formed a special committee of independent directors (the "Special Committee") to review strategic opportunities that are in the best interests of Advantage and its shareholders and that may become available to the Corporation in 2025. The Special Committee is comprised of Messrs. Norman MacDonald (Chair), John Festival and David Smith. Advantage [Read more]

Kiwetinohk announces upcoming earnings release

CALGARY, AB, Feb. 27, 2025 /CNW/ - Kiwetinohk management will host a conference call on March 6, 2025, at 8 AM MT (10 AM ET) to discuss results and answer questions. Participants can listen to the conference call by dialing 1-888-510-2154 (North America toll free) or 437-900-0527 (Toronto and area). A replay of the call will be available until March 13, 2025, at 1-888-660-6345 (North America toll free) or 646-517-4150 (Toronto and area) by using the code 65191. About [Read more]

Pembina & Kineticor Announce Joint Venture for the Greenlight Electricity & Data Centre Complex

CALGARY, AB, Feb. 27, 2025 /CNW/ - Kineticor Asset Management LP ("Kineticor") is pleased to announce that Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) has entered into agreements for a 50 percent interest in the Greenlight Electricity Centre Limited Partnership ("Greenlight LP" or "Greenlight"), a special-purpose limited partnership with Kineticor Holdings LP #3, a portfolio company of OPTrust. Greenlight LP is developing the Greenlight Electricity Centre ("GLEC" or [Read more]

MEG Energy announces 2024 fourth quarter and full-year results

CALGARY, AB, Feb. 27, 2025 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its fourth quarter and full-year 2024 operational and financial results.1 "This was a significant year in the history of our company.  MEG achieved several key milestones in 2024, including our fourth straight year of record production, hitting our net debt target and establishing a program to return 100% of our free cash flow to shareholders including an inaugural base dividend," [Read more]

InPlay Oil Corp. Announces Closing of $32.8 Million Bought Deal Offering of Subscription Receipts and Exercise of Over-Allotment

CALGARY AB, Feb. 27, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce the closing of its previously announced bought deal offering (the "Offering") of subscription receipts ("Subscription Receipts") that was led by ATB Securities Inc., National Bank Financial Inc. and RBC Capital Markets (collectively, the "Lead Underwriters") on behalf of a syndicate of underwriters comprised of Canaccord Genuity Corp., Stifel Nicolaus Canada Inc. and [Read more]

Veren Announces Q4 & Full Year 2024 Results

CALGARY, AB, Feb. 27, 2025 /CNW/ - Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the fourth quarter and full year ended December 31, 2024.  KEY HIGHLIGHTS Generated significant excess cash flow of $642 million in 2024, through focused development of a high-quality asset base. Returned $386 million, or 60 percent of excess cash flow, to shareholders through dividends and share repurchases. Reduced net debt [Read more]