BOE Report

Prospera Energy Inc. commences modular horizontal infill well program to capture 400 million barrels of remaining oil

CALGARY, Alberta, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). Prospera is pleased to announce the spudding of the first horizontal well of the ten well modular multi-pad infill drill program in the latter part of this week, subject to any weather-related or uncontrollable delays. Close to a hundred services have been coordinated along with lease preparation, permits and licences. This [Read more]

Peyto Exploration & Development Corp. confirms monthly dividend for September 15, 2023

CALGARY, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to August 2023 of $0.11 per common share is to be paid on September 15, 2023, for shareholders of record on August 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to [Read more]

Prairie Provident Resources announces delay in second quarter 2023 interim filings

CALGARY, Alberta, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX:PPR) ("Prairie Provident" or the "Company") announces today a delay in the filing of its interim financial report for the interim period ended June 30, 2023 and related management's discussion and analysis and management certifications for the same period (collectively, the "Q2 Filings") past today's deadline as prescribed under Canadian securities laws. The delay and corresponding filing default is [Read more]

PrairieSky announces leadership change

CALGARY, Alberta, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (TSX: PSK) ("PrairieSky" or the "Company") today announced the departure of Cameron Proctor, Chief Operating Officer, from the Company. "I want to extend my gratitude to Cam for his leadership and contributions to PrairieSky throughout his nine years at the Company," said Andrew Phillips, President & Chief Executive Officer. "Cam was instrumental in executing our strategy and has been committed to the Company's [Read more]

Petrus Resources announces second quarter 2023 financial & operating results, revised 2023 guidance

CALGARY, Alberta, Aug. 14, 2023 (GLOBE NEWSWIRE) --  Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2023. Q2 2023 HIGHLIGHTS: Production up 44% – Production was up 44% from 7,280 boe/d(1) in the second quarter of 2022 to 10,492 boe/d in the second quarter of 2023 as a result of new wells brought on production in late 2022 and during the first quarter of 2023. [Read more]

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 99,300 IPC common shares (ISIN: CA46016U1084) during the period of August 7 to 11, 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]

Questerre reports second quarter 2023 results

CALGARY, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2023. Michael Binnion, President, and Chief Executive Officer, commented, “As Quebec is holding public consultations on hydroelectricity shortage in the next two to three years. We are re-engaging with the Government on how our Clean Gas could be part of the solution. Our [Read more]

Birchcliff Energy Ltd. announces Q2 2023 results and declaration of Q3 2023 dividend of $0.20 per common share

CALGARY, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q2 2023 financial and operational results and that its board of directors (the “Board”) has declared a quarterly cash dividend of $0.20 per common share for the quarter ending September 30, 2023. “In Q2 2023, we generated adjusted funds flow(1) of $69.7 million and free funds flow(1) of $4.9 million, with average production of 77,510 boe/d. In [Read more]

Peyto delivers strong second quarter results

CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report operating and financial results for the second quarter of 2023. A 70% operating margin1,2, combined with a 26% profit margin3 in the quarter delivered a return on capital employed ("ROCE"4) of 13% and return on equity ("ROE"4) of 15%, on a trailing 12-month basis. Additional highlights included: Funds from Operations5 of $0.81/diluted share – [Read more]

Pieridae releases Q2 2023 results

Successful Refinancing & Strong Quarterly Cash Flow CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its second quarter 2023 financial and operating results. Pieridae generated Net Operating Income (“NOI”)1 of $44 million and successfully refinanced its long-term debt, substantially reducing the Company’s cost of capital. The Company’s management’s discussion and analysis (“MD&A”) and [Read more]