BOE Report

Freehold Royalties Ltd. declares dividend for July 2023

CALGARY, Alberta, July 12, 2023 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on August 15, 2023 to shareholders of record on July 31, 2023. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada [Read more]

Norway logs largest hydrocarbon discovery in 10 years

Oslo, 10 July 2023 – DNO ASA, the Norwegian oil and gas operator, today announced a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea license PL1148 in which the Company holds a 30 percent interest. Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery well and a follow-on extended sidetrack indicates gross recoverable resources in the range of 120-230 million barrels of oil equivalent (MMboe) on a [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 64,565 IPC common shares (ISIN: CA46016U1084) during the period of July 3 to 7, 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 (Safe [Read more]

Shell second quarter 2023 update note

The following is an update to the second quarter 2023 outlook and gives an overview of our current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2023 results and are subject to finalisation of those results, which are scheduled to be published on July 27, 2023. Unless otherwise indicated, all outlook statements exclude identified items. Integrated Gas $ billions Q1’23 Q2’23 Outlook Comment Adjusted EBITDA: Production [Read more]

PrairieSky Royalty announces conference call for Q2 2023 results

CALGARY, Alberta, July 06, 2023 (GLOBE NEWSWIRE) -- PrairieSky will release its Q2 2023 results on Monday, July 17, 2023 after markets close. The news release detailing PrairieSky’s Q2 2023 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the investment community on [Read more]

TC Energy expects to appeal Delaware Court rulings in lawsuit related to 2016 Columbia Pipeline acquisition

CALGARY, Alberta, July 02, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that the Delaware Chancery Court (the “Court”) issued a ruling against TC Energy in a class action lawsuit brought on behalf of the former shareholders of Columbia Pipeline Group Inc. ("Columbia") related to the acquisition of Columbia by TC Energy in July 2016. TC Energy strongly disagrees with the Court’s ruling and is evaluating its options for [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, June 29, 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]

Cenovus Energy releases 2022 ESG report

New methane reduction milestone announced CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) released its 2022 environmental, social and governance (ESG) report today, detailing sustainability performance and progress on its ESG targets. The company also announced a milestone to reduce absolute methane emissions in its upstream operations by 80% by year-end 2028, from a 2019 baseline. “Strong sustainability performance is fundamental to our [Read more]

Pieridae announces the retirement of Alfred Sorensen

CALGARY, Alberta, June 28, 2023 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”, “PEL”, or the “Company”) (TSX: PEA) announces that Mr. Alfred Sorensen, Chief Executive Officer of the Company, has indicated to the Company’s Board of Directors (“Board”) that he will be retiring from his roles as Chief Executive Officer and Director shortly. Mr. Sorensen has been instrumental in leading the operations of Pieridae for over a decade. With the completion of the Company’s refinancing, which [Read more]

Petrus Resources Ltd. announces results of annual general meeting of shareholders

CALGARY, Alberta, June 27, 2023 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held today (the “Meeting”). The resolutions approved at the Meeting were as follows: The resolution to fix the number of directors of the Company to be elected at the Meeting at five (5) directors was approved with 99.951% of votes in favor. The resolution to [Read more]