BOE Report

Headwater Exploration Inc. provides fourth quarter production results and entrance into a new operating area

CALGARY, AB, Jan. 6, 2025 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to report fourth quarter average production volumes of approximately 21,500 BOE/d and significant land expansion in the Clearwater fairway. Greater Pelican Area Headwater is excited to announce a new partnership with the Bigstone Cree Nation ("BCN").  A new farmout agreement supported by the Chief and Council of the BCN contemplates Headwater drilling up to four commitment [Read more]

Spartan Delta Corp. announces operations update

CALGARY, AB, Jan. 6, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to provide an operations update following the successful completion of its 2024 drilling program. OPERATIONS UPDATE Spartan continues to execute on its corporate strategy by significantly growing oil and liquids production and acreage in the West Shale Basin Duvernay (the "Duvernay"), focusing on improving well costs and productivity, while leveraging its technical expertise [Read more]

InPlay Oil Corp. Confirms Monthly Dividend for January 2025

CALGARY, AB, Jan. 1, 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 January 31, 2025, to shareholders of record at the close of business on January 15, 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 [Read more]

Paramount Resources Ltd. announces January dividend

CALGARY, AB, Jan. 2, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per common share that will be payable on January 31, 2025 to shareholders of record on January 15, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian [Read more]

Ensign Closes $25 Million Private Placement of Unsecured, Subordinated Convertible Debentures

CALGARY, AB, Dec. 31, 2024 /CNW/ - Ensign Energy Services Inc. ("Ensign" or the "Corporation") (TSX: ESI) is pleased to announce the closing of a non-brokered private placement (the "Offering") of unsecured, subordinated convertible debentures of the Corporation (the "Debentures"), for gross proceeds of CAD $25 million. The Debentures bear interest from the date of closing at 7.50% per annum, payable semi-annually in arrears, on April 1 and October 1 of each year, with the first payment of [Read more]

Steelhead LNG Initiates New Legal Proceedings Against Cedar LNG in British Columbia; Receives Three New United States Patents

VANCOUVER, BC, Dec. 23, 2024 /CNW/ -- Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the filing of new legal proceedings against Cedar LNG, Pembina Pipeline Corporation and ARC Resources Ltd. in British Columbia in relation to the Cedar LNG Project. Steelhead LNG alleges in this new claim that each of the defendants wilfully and improperly exploited information supplied by Steelhead LNG to ARC Resources relating to the development of [Read more]

AltaGas Provides Year-end Update on Global Exports Tolling and Commercial Contracting

CALGARY, AB, Dec. 23, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to provide a year-end update on global exports tolling and commercial contracting activities. One of the Company's strategic priorities is to advance commercial de-risking of our Midstream business with increased global exports tolling and additional long-term commercial contracting across the value chain. AltaGas has made significant progress on this strategic priority in 2024 and exits the year [Read more]

Surge Energy Inc. announces sale of non-core assets; revised 2025 capital and operating budget

CALGARY, AB, Dec. 19, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that on December 19, 2024 (the "Closing"), the Company disposed of its gas weighted non-core assets in the Valhalla area of Alberta (the "Non-Core Assets") for cash proceeds of $9.5 million (the "Transaction"). Additionally, the purchaser has assumed all future abandonment and reclamation obligations ("ARO") pertaining to the Non-Core Assets. KEY HIGHLIGHTS [Read more]

Kiwetinohk renews Normal Course Issuer Bid

CALGARY, AB, Dec. 19, 2024 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) ("Kiwetinohk" or the "Company") is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Company's notice to renew its normal course issuer bid (NCIB) for its common shares. The NCIB is anticipated to commence on December 23, 2024 and to expire December 22, 2025. Kiwetinohk may purchase up to 2,188,237 common shares under the NCIB, representing 5% of the 43,764,748 issued and outstanding [Read more]

Paramount Resources Ltd. Announces Planned Post-Transaction Special Distribution, Dividend Policy and Guidance

CALGARY, AB, Dec. 18, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its plans, subject to shareholder approval, for a $15.00 per share special distribution to the holders (the "Shareholders") of its class A common shares (the "Common Shares") following the closing of its previously announced asset disposition to Ovintiv Inc. (the "Transaction").  The Company is also pleased to announce its expected post-Transaction monthly dividend policy [Read more]