BOE Report

Prospera provides status update

CALGARY, Alberta - Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA; GXRFF: OTC) announces that further to its news release dated April 28, 2023, the Corporation's principal regulator, the Alberta Securities Commission (the "ASC") granted a management cease trade order (the "MCTO") on May 4, 2023, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). Pursuant to the MCTO, Samuel David, the Chief Executive Officer, and Matthew Kenna, the Chief [Read more]

Cardinal Energy Ltd. report on voting from the 2023 shareholders meeting

CALGARY, Alberta - (TSX - CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") held its annual shareholders meeting (the "Meeting") today. A total of 52,335,561 votes representing 33.07% of the total votes entitled to vote at the Meeting, were voted in connection with the matters considered at the Meeting. Full results for all resolutions are set forth below. 1. Fixing number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting [Read more]

Birchcliff Energy Ltd. announces voting results from 2023 annual and special meeting of shareholders

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 11, 2023 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 27, 2023 (the “Information Circular”) and approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy of [Read more]

Athabasca Oil Corporation announces results from 2023 annual shareholder meeting

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 11, 2023 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive of all votes cast and proxies [Read more]

Pieridae announces voting results report following its annual shareholder meeting

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) today announced that, in accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, the Company released its Voting Results Report that briefly describes the matters voted upon and the outcome of the votes at the Annual Meeting of Shareholders (the “Meeting”) of Pieridae held on May 11, 2023. Each of the matters acted upon at the Meeting is described below and in greater detail [Read more]

Crew Energy announces annual meeting results for election of Directors

CALGARY, Alberta - Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented, liquids rich natural gas producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce the voting results for the election of directors at our annual general meeting of shareholders held on May 11, 2023 (the "Meeting"). Each of the seven nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement provided to [Read more]

Hammerhead Energy Inc. announces record first quarter 2023 financial and operating results

CALGARY, Alberta - Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce record financial and operating results for the first quarter of 2023. The Company continued to progress critical investments in infrastructure expansions that should allow for continuing record performance, achievement of half-cycle economics from new wells and material free cash flow generation going forward. The Company expects its oil production growth [Read more]

Cardinal Energy Ltd. announces first quarter 2023 operating and financial results

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the first quarter ended March 31, 2023. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2023 Production increased 5% over the same period in 2022 due to ongoing strong base performance and excellent 2022 drilling results across our asset base; Adjusted funds flow(1) was $52.3 million which was allocated to capital [Read more]

Petrus Resources announces first quarter 2023 financial and operating results

CALGARY, Alberta - Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2023. Q1 2023 HIGHLIGHTS: Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d in the first quarter of 2023. The increase was primarily due to a full quarter of production realized from the wells drilled in the fourth quarter of 2022 as well as one month of [Read more]

Peyto reports strong Q1 2023 cash flow despite lower gas prices

CALGARY, Alberta - Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report operating and financial results for the first quarter of 2023. A 71% operating margin1,2, combined with a 32% profit margin3 in the quarter delivered a return on capital employed ("ROCE"4) of 14% and return on equity ("ROE"4) of 17%, on a trailing 12-month basis. Additional highlights included: Strong Funds from Operations5 of $1.02/diluted share – Generated $180 million in funds [Read more]