BOE Report

Athabasca Oil announces 2024 budget and return of capital update

CALGARY, Alberta, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce its 2024 budget focused on profitable production growth and strong free cash flow generation. Athabasca provides investors unique positioning to top tier oil weighted assets (Thermal Oil and Duvernay) with a capital allocation framework aimed at maximizing cash flow per share growth and returning capital to shareholders. 2024 Budget [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.24 per common share, payable in cash on January 15, 2024 to shareholders of record on December 29, 2023.   This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as [Read more]

PrairieSky appoints Glenn McNamara to Board of Directors

CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce the appointment of Glenn McNamara to the Board of Directors effective December 4, 2023. "We are pleased to welcome Glenn to our Board of Directors. His business and industry expertise, leadership skills and extensive experience in royalties make him an ideal addition to the Board," said James Estey, Chair of the Board. "We look forward to Glenn’s [Read more]

Prospera Energy Inc. secures $3.5 million in development financing and announces strategic appointments to strengthen leadership team

CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) is a publicly traded energy company based in Western Canada, specializing in the exploration, development, and production of crude oil and natural gas. Prospera is continuing to execute the horizontal transformation and is attaining the expected results. Seven horizontals [Read more]

Brookfield raises record $30 billion for flagship infrastructure strategy

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (“BIF V” or the “Fund”), having raised $30 billion for the strategy, including $28 billion for the Fund and approximately $2 billion in related co-investment vehicles. BIF V is the world’s largest closed-ended private infrastructure fund, and the largest fund ever raised by [Read more]

International Petroleum Corporation announces TSX approval for renewal of Normal Course Issuer Bid

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Toronto Stock Exchange (the "TSX") has approved IPC's notice of intention to renew the Corporation's normal course issuer bid (the "NCIB"). Under the NCIB, the Corporation is authorized to purchase, through the facilities of the TSX and/or Nasdaq Stockholm, or as otherwise permitted under Canadian securities laws, as and when considered advisable by IPC, up to 8,342,119 [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, Nov. 30, 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]

Canadian Spirit Resources Inc. announces the reactivation of natural gas production at Farrell Creek, Northeast British Columbia, and the first quarter September 30, 2023 financial results

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the reactivation of natural gas production at Farrell Creek, Northeast British Columbia and the release of its unaudited interim financial statements (the “Financial Statements”) and management discussion and analysis (“MD&A”), each for the three month period ended September 30, 2023. Reactivation Of Joint Venture Production At Farrell [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 427,400 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 128,224,820 common shares with voting rights as at November 30, 2023, and IPC holds no common shares in [Read more]

TC Energy updates growth outlook, reinforces balance sheet discipline and highlights South Bow spinoff benefits at 2023 Investor Day

2023 comparable EBITDA(1) now expected to be ~8 per cent higher than 2022 2024 comparable EBITDA outlook expected to be ~5 to 7 per cent higher than 2023 On track for 4.75x debt-to-EBITDA(2) upper limit by end of 2024 South Bow spinoff expected to maximize the value of the Liquids Pipelines business CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day today. The event will reaffirm the [Read more]