BOE Report

International Petroleum Corporation announces results of normal course issuer bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 98,000 IPC common shares (ISIN: CA46016U1084) during the period of August 1 to 4, 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 Commission Delegated Regulation (EU) No 2016/1052 [Read more]

Hammerhead Energy Inc. announces second quarter 2023 financial and operating results

CALGARY, Alberta, Aug. 03, 2023 (GLOBE NEWSWIRE) --  Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce financial and operating results for the second quarter of 2023. During the quarter, the Company continued to execute on a two-rig program targeting Montney light oil growth in its three core areas (North Karr, South Karr and Gold Creek). The Company continues to progress critical infrastructure expansions which are on target [Read more]

International Petroleum Corporation announces second quarter 2023 financial and operational results and Sustainability Report 2022

TORONTO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2023. IPC also released its Sustainability Report 2022, which details the Corporation's environmental, social and governance (ESG) performance. Mike Nicholson, IPC's Chief Executive Officer, comments: [Read more]

Athabasca Oil Corporation announces sale of non-core light oil assets for $160 Million; retains strategic Duvernay assets with 500 future drilling locations

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has entered into a definitive agreement to sell non-core Light Oil assets for total cash proceeds of $160 million (the “Transaction”). The Transaction high-grades the Company’s deep resource portfolio, crystallizes value from a non-core asset at an attractive price and bolsters the Company’s strong financial position. Transaction [Read more]

Freehold Royalties announces second quarter results

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the period ended June 30, 2023. President’s Message Freehold continues to see strong third-party development on the Company’s lands, with the quality of its North American royalty portfolio driving this performance. Production volumes for the second quarter showed continued strength at 14,667 boe/d, comparable quarter over quarter, [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, July 27, 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]

TC Energy declares quarterly dividends

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.93 per common share for the quarter ending Sept. 30, 2023, on the Company’s outstanding common shares. The common share dividend is payable on Oct. 31, 2023, to shareholders of record at the close of business on Sept. 29, 2023. The Board also declared quarterly dividends on the outstanding [Read more]

TC Energy reports solid second quarter 2023 results, while significantly advancing Coastal GasLink and Southeast Gateway projects to planned cost and schedule

Unlocking incremental shareholder value through spinning off Liquids Pipelines, integrating our Natural Gas Pipelines business units and utilizing strategic partnerships to enable energy transition and drive energy security CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “Today’s announcement to [Read more]

TC Energy to unlock value by creating two premium energy infrastructure companies with intention to spin off Liquids Pipelines business

Separation of the two companies enables greater contribution to energy transition and security Creates shareholder value by unlocking incremental growth and enhancing efficiencies Combined dividends of two companies sustains long-term dividend growth outlook Spinoff of an investment-grade Liquids Pipelines business expected to be achieved on a tax-free basis CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the [Read more]

Cenovus announces 2023 second-quarter results and organizational update

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) generated nearly $2.0 billion in cash from operating activities, approximately $1.9 billion in adjusted funds flow and $897 million in free funds flow in the second quarter of 2023. Total upstream production was approximately 730,000 barrels of oil equivalent per day (BOE/d)1, reflecting a planned turnaround at Foster Creek and production impacts in the Conventional segment in May and June due to [Read more]