BOE Report

Shell to grow working interest in the Ursa platform in Gulf of America

HOUSTON, Feb. 21, 2025 /CNW/ -- Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have signed an agreement to increase their stake in the Ursa platform in the Gulf of America. This will increase Shell's working interest (WI) in its operated Ursa platform, pipeline, and associated fields from 45.3884% to a maximum of 61.35%, following an agreement to acquire 15.96% WI from ConocoPhillips Company (COP). This targeted investment is the latest [Read more]

Clearview Resources Ltd. announces a distribution to shareholders

CALGARY, AB, Feb. 21, 2025 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to provide the following corporate update. SPECIAL MEETING OF SHAREHOLDERS AND ANNOUNCEMENT OF DISTRIBUTION Clearview is pleased to announce the results of its special meeting of shareholders, which was held on February 20, 2025. Shareholders voted in favour of the resolution approving a reduction in the stated capital account of the common shares by an aggregate amount of [Read more]

SECURE announces 2024 fourth quarter and year-end results

Achieved Adjusted EBITDA1 of $117 million ($0.50/basic share1) in the fourth quarter and $490 million Adjusted EBITDA in 2024 ($1.92/basic share), the top end of the guidance provided Repurchased $657 million common shares at an average price of $11.47 in 2024, reducing shares outstanding by 19% Reiterating 2025 Adjusted EBITDA guidance of $510 - $540 million, with the mid-point reflecting a 10% increase over 2024 pro forma CALGARY, AB, Feb. 21, 2025 /CNW/ - SECURE Waste Infrastructure [Read more]

InPlay Oil Corp. Announces Upsize to Previously Announced Equity Offering

CALGARY, AB, Feb. 20, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by ATB Securities Inc., National Bank Financial Inc. and RBC Capital Markets (collectively, the "Lead Underwriters" and together with the rest of the syndicate of underwriters, the "Underwriters") to increase the size of its previously announced bought-deal prospectus offering (the [Read more]

Spartan Delta Corp. announces 2024 year-end results and reserves

CALGARY, AB, Feb. 19, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2024, as well as highlights of the Company's year-end reserves evaluation. Selected financial and operational information is set out below and should be read in conjunction with Spartan's audited consolidated annual financial statements and related management's discussion and [Read more]

InPlay Oil Corp. Announces Transformative Acquisition of Highly Accretive, Low Decline Pembina Cardium Oil Assets

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the financing will be accessible through SEDAR+ within two business days /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY AB, Feb. 19, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has entered into a definitive agreement for the strategic acquisition of Cardium light oil [Read more]

Surge Energy Inc. confirms February 2025 dividend

CALGARY, AB, Feb. 18, 2025 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on March 17, 2025, in respect of February 2025 production, for the shareholders of record on February 28, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow [Read more]

Tamarack Valley Energy Announces Monthly Dividend Declaration

CALGARY, AB, Feb. 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 March 14, 2025, to shareholders of record at the close of business on February 28, [Read more]

MEG Energy Announces 2024 Annual Results and Conference Call

CALGARY, AB, Feb. 13, 2025 /CNW/ - Results Release: Thursday, February 27, 2025 after market close Conference Call Details: Friday, February 28, 2025 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.510.2154 International: 1.437.900.0527 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 Friday, February 28, 2025 [Read more]

Keyera Announces 2024 Year End Results

CALGARY, AB, Feb. 13, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced its fourth quarter and year-end 2024 financial results today, the highlights of which are included in this news release. To view Management's Discussion and Analysis (the "MD&A") and financial statements, visit either Keyera's website or its filings on SEDAR+ at www.sedarplus.ca. "Keyera had an outstanding 2024, achieving record results across all three business segments" said Dean Setoguchi, President and [Read more]