BOE Report

Clearview Resources Ltd. reports third quarter 2024 results

CALGARY, AB, Nov. 27, 2024 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results for the three and nine months ended September 30, 2024. HIGHLIGHTS Increased oil production in the three and nine months ended September 30, 2024 by 38% and 6%, respectively, versus the comparative periods of 2023 primarily as a result of the previously disclosed acquisition completed in the second quarter of 2024; Disposed [Read more]

Logan Energy Corp. upsizes previously announced equity offering to $45 million

CALGARY, AB, Nov. 27, 2024 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. and Eight Capital as joint bookrunners and co-lead underwriters to increase the size of its previously announced bought-deal private placement financing (the "Equity Offering"). Logan will now issue 61,644,000 common shares ("Common Shares") at a price of $0.73 [Read more]

Highwood Asset Management Ltd. announces early repayment of promissory note and 2025 capital update

CALGARY, AB, Nov. 26, 2024 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce early repayment of Promissory Note issued in conjunction with the acquisition of Boulder Energy Ltd. in August 2023 and update to the 2025 capital program. Promissory Note Repayment The Promissory Note, originally issued on August 3, 2023 was set to mature on July 1, 2025 ‎with equal payments of $3.5 million each ‎on ‎January 1, 2025, April 1, 2025 [Read more]

Logan Energy Corp. announces strategic Montney asset acquisition, $35 million equity offering and pro forma guidance for the remainder of 2024 and 2025

CALGARY, AB, Nov. 26, 2024 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that it has entered into a definitive agreement today to acquire an operated 50% working interest in certain assets located in the Company's core area at Simonette, Alberta, for a cash purchase price of $52.0 million, before closing adjustments (the "Acquisition"). Logan is also pleased to announce an equity financing to be offered on a bought deal, private placement basis, led [Read more]

Keyera announces timing of business update and 2025 guidance webcast and conference call

CALGARY, AB, Nov. 26, 2024 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it will release its Business Update and 2025 Guidance before markets open on Tuesday, December 10, 2024. The release will be followed by a webcast and conference call with accompanying presentation, which have been scheduled for Tuesday, December 10, 2024, at 8:00 AM Mountain Time (10:00 AM Eastern Time). A live webcast of the conference call with accompanying presentation, can be accessed here or [Read more]

Tourmaline and Topaz announce upsize to previously announced bought deal secondary offering to $300 million

CALGARY, AB, Nov. 26, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Selling Shareholder") and Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") are pleased to announce that they have agreed with the syndicate of underwriters co-led by Peters & Co. Limited and BMO Capital Markets (collectively, the "Underwriters") to increase the size of the previously announced bought deal secondary offering of Topaz common shares. The Underwriters will now purchase, on a bought [Read more]

Westgate Energy announces Q3 2024 financial results

CALGARY, AB, Nov. 26, 2024 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), is pleased to announce the filing of its unaudited financial and operating results for the three and nine months ended September 30, 2024. Selected financial and operating information should be read in conjunction with Westgate's unaudited consolidated financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2024 and 2023, [Read more]

MEG Energy Announces 2025 Capital and Operational Guidance; Christina Lake Facility Expansion Project Approval

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted. CALGARY, AB, Nov. 25, 2024 /CNW/ - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") today announced its 2025 capital investment plan and operational guidance. "We are excited to share our 2025 capital investment plans, which represent the foundation of a disciplined multi-year strategy to build value at Christina Lake," said [Read more]

Tourmaline and Topaz announce $242 million bought deal secondary offering of Topaz common shares

CALGARY, AB, Nov. 25, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Selling Shareholder") and Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") announced today that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets (the "Lead Underwriters"), on behalf of a syndicate of underwriters (together with the Lead Underwriters, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from [Read more]

Waterous Energy Fund requisitions special meeting of shareholders of Greenfire Resources Ltd. for the purpose of replacing the entire Board of Directors

CALGARY, AB, Nov. 21, 2024 /CNW/ - Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP, and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), the collective beneficial owners of approximately 43% of the issued and outstanding shares of Greenfire Resources Ltd. (TSX and NYSE: GFR) ("Greenfire") and Greenfire's largest shareholder, announce that they have requisitioned a [Read more]