BOE Report

Hammerhead Energy Inc. announces increased 2023 production guidance

CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Based upon continued strong execution in the field with respect to both costs and performance, Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce increased 2023 annual average production guidance of 41,500 boe/d3 from the previous estimate of 40,200 boe/d. Crude oil production is estimated to be 35% of production from a prior estimate of 33%. Since coming on production August [Read more]

Cenovus Energy announces tender offers for certain outstanding series of notes

CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below (collectively, the “Notes”) for an aggregate purchase price, excluding accrued and unpaid interest, of up to $750 million. References to “$” in this news release are to United States dollars, unless otherwise indicated. Title [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]

International Petroleum Corporation updated share capital

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act: Following the cancellation of 539,300 common shares repurchased by IPC under the normal course issuer bid / share repurchase program, the total number of issued and outstanding common shares of the Corporation is 129,675,620 common shares with voting rights as at August 31, 2023, and IPC holds no common shares in [Read more]

Hammerhead Energy Inc. announces “Fair Market Value” in connection with redemption of its outstanding Public Warrants

CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (NASDAQ: HHRS, HHRSW; TSX: HHRS, HHRS.WT) today announced the “Fair Market Value” in connection with its previously announced redemption of its outstanding Public Warrants (as defined below). The Fair Market Value will be used to determine the number of Class A Common Shares (the “Common Shares”), that will be issued on a “cashless” exercise of a Public Warrant subject to the terms of the [Read more]

Razor Energy Corp. announces second quarter results

CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its second quarter financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited interim condensed consolidated financial statements, management’s discussion and analysis for the three and six months ended June 30, 2023 which are available on SEDAR at www.sedar.com and the Company’s [Read more]

Pieridae Energy announces appointment of new CEO

CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces that the Board of Directors has appointed Darcy Reding as President, Chief Executive Officer, and Director effective September 1, 2023, following the previously announced retirement of former CEO, Alfred Sorensen, effective August 31, 2023. Mr. Reding, formerly the Company’s President and Chief Operating Officer, is a seasoned Professional Engineer with over 30 years [Read more]

Pipestone Energy Corp. and Strathcona Resources Ltd. announce receipt of interim order and filing of management information circular related to proposed arrangement with Strathcona Resources Ltd.

CALGARY, Alberta, Aug. 28, 2023 (GLOBE NEWSWIRE) -- (PIPE – TSX) Pipestone Energy Corp. (“Pipestone”) and Strathcona Resources Ltd. (“Strathcona”) jointly announced today that Pipestone and Strathcona obtained an interim order of the Court of King’s Bench on August 25, 2023 and Pipestone has filed a management information circular (the “Circular”) dated August 25, 2023 and related meeting and proxy materials in connection with the proposed arrangement under the Business Corporations Act [Read more]

International Petroleum Corporation announces results of normal course issuer bid

TORONTO, Aug. 28, 2023 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 197,700 IPC common shares (ISIN: CA46016U1084) during the period of August 21 to 25, 2023 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2022, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]

Prairie Provident Resources announces second quarter 2023 financial and operating results

CALGARY, Alberta, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") announces our operating and financial results for the quarter ended June 30, 2023. PPR’s interim financial statements and related Management’s Discussion and Analysis (MD&A) are available on our website at www.ppr.ca and filed on SEDAR at www.sedar.com. MESSAGE TO SHAREHOLDERS Patrick McDonald, Interim President and CEO commented: “With the May 2023 [Read more]