BOE Report

NuVista Receives TSX Approval for the Renewal of its Normal Course Issuer Bid

CALGARY, Alberta, June 14, 2023 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or the "Corporation") announces that the Toronto Stock Exchange (the "TSX") has approved the renewal of the Corporation's normal course issuer bid (the "2023 NCIB"). Normal Course Issuer Bid Renewal Pursuant to the 2023 NCIB, NuVista may purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 16,793,779 common shares of the Corporation. The 2023 NCIB will become [Read more]

Prospera Energy Inc. announces DTC eligibility for US investors, enhancing liquidity

CALGARY, Alberta, June 14, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (PEI: TSX-V; OTC: GXRFF, FRA: OF6A, OF6B.SG, OF6B.F, OF6B.BE) Restructured Prospera continues to create value by enhancing liquidity, capitalization with minimal dilution and by settling legacy arrears. Prospera Energy is delighted to inform its shareholders and the investment community that its common shares ("Common Shares") are now eligible for book-entry and depositary services through the Depository Trust Company [Read more]

Shell to deliver more value with less emissions

Shell to deliver more value with less emissions Enhanced focus on performance, discipline and simplification Shareholder distributions increased to 30-40% of cash flow from operations (CFFO) through the cycle 15% increase in dividend per share effective Q2 2023* Share buybacks of at least $5 billion for the second half of 2023* Capital spending reduced to $22-25 billion per year for 2024 and 2025 Annual operating cost structurally reduced by $2-3 billion by end 2025 [Read more]

Peyto Exploration & Development Corp. announces results of directors vote

CALGARY, Alberta, June 13, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated March 28, 2023 were elected as directors of Peyto at Peyto's annual meeting of shareholders (the "Meeting") held today, June 13, 2023. The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by [Read more]

Hammerhead Energy Inc. announces voting results on election of directors at annual and special meeting

CALGARY, Alberta, June 08, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or "HEI") (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce that on June 8, 2023, it held its annual and special meeting of shareholders. A total of 81,670,052 Class A common shares ("Common Shares"), representing approximately 89.77% of HEI's outstanding Common Shares, were represented in person or by proxy at the meeting. At the meeting, shareholders approved the election of eight (8) [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta, June 06, 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 July 17, 2023 to shareholders of record on June 30, 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 petroleum and [Read more]

Cenovus Energy updates production impact of Alberta wildfires

CALGARY, Alberta, June 05, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has safely restarted approximately 62,000 barrels of oil equivalent per day (BOE/d) of production, from the 85,000 BOE/d impacted in May due to wildfires. Assuming the current wildfire conditions continue, Rainbow Lake operations are expected to return to production within seven to 10 days, which represents approximately 20,000 BOE/d. About 3,000 BOE/d remains offline awaiting power infrastructure to [Read more]

NuVista Energy Ltd. provides update on wildfires and production guidance

CALGARY, Alberta, June 05, 2023 (GLOBE NEWSWIRE) -- As previously announced, NuVista Energy Ltd.’s (TSX:NVA, "NVA" or "NuVista") production was temporarily impacted by the wildfires in the Grande Prairie region of Alberta. Specifically, several of our fields were shut in on May 5th as a precautionary measure to ensure the protection of our people, the public, and our assets in the vicinity of the wildfires. As a result of improving conditions, we were able to gradually restart our operations [Read more]

Hammerhead Energy Inc. announces results of its substantial issuer bid

CALGARY, Alberta, June 05, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or "HEI") (TSX: HHRS, HHRS.WT ; NASDAQ: HHRS, HHRSW) announces the results of its substantial issuer bid (the "Offer"), pursuant to which HEI offered to purchase for cancellation up to 20,000,000 of its warrants ("Warrants") to purchase Class A common shares ("Common Shares") of Hammerhead at a purchase price of US$1.00 per Warrant (the "Purchase Price"), and which expired at 5:00 p.m. (Eastern Daylight [Read more]

Razor Energy Corp. provides Alberta wildfire update and production restoration

CALGARY, Alberta, May 31, 2023 (GLOBE NEWSWIRE) -- Razor Energy Corp. ("Razor”) (TSXV: RZE) is pleased to advise that over the past week it has restored the full 2,500 boe/d of production that was shut-in as a result of the Alberta wildfires. This was a combination of operated and non-operated production in Kaybob and Swan Hills areas. No damage has occurred to the Company’s assets as a result of the wildfires. Razor thanks its staff, industry partners, emergency responders and firefighters [Read more]