CALGARY, AB, March 5, 2025 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results and reserves for the year ended December 31, 2024. 2024 Operations Review Yangarra drilled 19 gross (17 net) wells during 2024 80% of Yangarra's production was curtailed for four weeks during the third quarter due to a third party turn-around, impacting the yearly average production by 557 boe/d and impacting revenue by approximately $6 [Read more]
Paramount Resources Ltd. Announces 2024 Annual Results
CALGARY, AB, March 5, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its 2024 annual financial and operating results. RECENT EVENTS On January 31, 2025, Paramount closed the sale of its Karr, Wapiti and Zama properties to a wholly-owned subsidiary of Ovintiv Inc. ("Ovintiv") for cash proceeds of approximately $3.3 billion, after adjustments, plus certain Horn River Basin properties of Ovintiv (the "Grande Prairie Disposition"). [Read more]
Joint Statement From Canada’s Energy and Mines Ministers
TORONTO, March 4, 2025 /CNW/ - Today, federal, provincial and territorial Energy and Mines Ministers met at the Prospectors & Developers Association of Canada (PDAC) in Toronto to discuss the unjustified tariffs imposed by the United States and issue the following statement: "With our largest trading partner imposing restrictions on free trade, we will take decisive action to ensure Canadian companies remain competitive and succeed in the global market, including the acceleration of [Read more]
Strathcona Resources Ltd. Reports Year End 2024 Reserves, Fourth Quarter and Full Year 2024 Financial and Operating Results, and Announces Quarterly Dividend
Readers are advised to review the "Presentation of Reserves and Other Oil and Gas Information" and "Non-GAAP Financial Measures and Ratios" at the conclusion of this news release for information regarding the presentation of the reserves information, as well as certain oil and gas metrics, and certain financial measures that do not have standardized meaning under generally accepted accounting principles, contained in this news release. All amounts in this news release are stated in Canadian [Read more]
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]
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