BOE Report

Tamarack Valley Energy Announces Monthly Dividend Declaration

CALGARY, AB, March 14, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares ("Common Shares") of C$0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on April 15, 2025, to shareholders of record at the close of business on March 31, [Read more]

Headwater Exploration Inc. announces 2024 reserves, year end 2024 operating and financial results, operations update and declares quarterly dividend

CALGARY, AB, March 13, 2025 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces its operating and financial results for the three months and year ended December 31, 2024. 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").  In addition, readers are also directed to the Company's Annual Information Form for the [Read more]

Team Canada in Houston Stands Up for Canadian Energy and Critical Minerals

HOUSTON, Texas, March 12, 2025 /CNW/ - Canada is an energy superpower. From electricity to nuclear fuels, to oil and gas, Canadian energy powers American homes, supports thousands of good jobs and underpins the economy on both sides of the border. Canada is a reliable economic partner and is actively advancing energy and minerals cooperation with allies around the world, building on the trade agreements we have with over 50 countries, including all members of the G7. This week, the Honourable [Read more]

Enbridge Inc. Appoints Steven W. Williams as Chair of the Board, Effective May 7, 2025

CALGARY, AB, March 11, 2025 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced Steven W. Williams as Chair of the Board, effective May 7, 2025 following conclusion of its Annual Meeting of Shareholders, coincident with the retirement of Pamela L. Carter, the current Board Chair. Mr. Williams has served as a director of the Enbridge Board since 2022.  Mostly recently, he served as Chair of the Human Resources & Compensation Committee of the Board and was [Read more]

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]