BOE Report

Clearview Resources Ltd. reports second quarter 2024 results

CALGARY, AB, Aug. 29, 2024 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results for the three and six months ended June 30, 2024. HIGHLIGHTS Realized a gain of $5.5 million in the three months ended June 30, 2024 as a result of the disposition of underutilized infrastructure at its Northville property for cash consideration of $8.5 million and also received a cash settlement of a contract for $2.3 million [Read more]

Source Rock Royalties announces Q2 2024 results including record royalty production & royalty revenue

CALGARY, AB, Aug. 29, 2024 /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 results for the three and six month periods ended June 30, 2024 ("Q2 2024"). Q2 2024 Highlights: Record quarterly royalty production of 251 boe/d (95% oil and NGLs), an increase of 22% over Q2 2023. Record quarterly royalty revenue of $2,102,292, an increase of 38% over Q2 2023. [Read more]

Entropy Inc. appointment of Chief Executive Officer

(TSX: AAV) CALGARY, AB, Aug. 28, 2024 /CNW/ - Entropy Inc. ("Entropy" or the "Corporation"), a subsidiary of Advantage Energy Ltd. ("Advantage"), is pleased to announce the appointment of Mr. Sanjay Bishnoi as Chief Executive Officer. Mr. Bishnoi will start in his new role on September 23, 2024. After founding and leading Entropy since 2020, Mr. Michael Belenkie will step down from Entropy's President and CEO responsibilities but will remain as Chairman of the Board of Directors ("Board") [Read more]

Surge Energy Inc. announces $175 million senior unsecured note offering

CALGARY, AB, Aug. 21, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce a C$175 million private placement offering (the "Offering") of senior unsecured notes due 2029 (the "Notes"). The Notes will bear interest at a rate of 8.500% per annum and mature on September 5, 2029. The Notes were priced at 100% of par to yield 8.500% per annum. The closing of the Offering is subject to customary closing conditions and is expected to close on or about September 5, [Read more]

Logan Energy Corp. announces second quarter 2024 results, upsized credit facility and Executive appointments

CALGARY, AB, Aug. 21, 2024 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2024, an increase to the borrowing base available under the Company's credit facility to $75.0 million, and enhancements to the executive management team. Selected financial and operational information set out below should be read in conjunction with the Company's unaudited interim financial [Read more]

Westgate Energy announces grant of equity incentive awards

CALGARY, AB, Aug. 16, 2024 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), a high-growth junior exploration and production company targeting untapped Mannville Stack medium and heavy oil resources in East-Central Alberta and West Central Saskatchewan, today announces that the Company's Board of Directors has approved the inaugural grant of 3,600,000 incentive stock options ("Options") to certain officers, directors, employees and consultants of the Company; 1,674,000 [Read more]

Whitecap Resources Inc. confirms monthly dividend for August of $0.0608 per share

CALGARY, AB, Aug. 15, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of August operations will be paid on September 16, 2024 to shareholders of record on August 31, 2024.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is [Read more]

Tamarack Valley Energy Announces Declaration of Monthly Dividend

TSX: TVE CALGARY, AB, Aug. 15, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0125 per share in accordance with the Company's dividend policy. The dividend will be payable on September 16, 2024, to shareholders of record at the close of business on August 30, 2024. This monthly cash dividend is designated as an "eligible dividend" for Canadian [Read more]

Surge Energy Inc. confirms September 2024 dividend

CALGARY, AB, Aug. 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on September 16, 2024, in respect of August 2024 production, for the shareholders of record on August 31, 2024, 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]

Tidewater Midstream and Infrastructure Ltd. announces second quarter 2024 results and operational update

(TSX: TWM) CALGARY, AB, Aug. 15, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) has filed its interim consolidated financial statements and Management Discussion and Analysis ("MD&A") for the three month period ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Net Income attributable to shareholders increased by $1.7 million to a net loss of $4.7 million in the second quarter 2024, from a net loss of $6.4 [Read more]