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Athabasca Oil announces 2023 first quarter results and execution on its return of capital commitment through inaugural share repurchases

May 10, 20237:45 PM Globe Newswire

Athabasca Oil Corporation

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its first quarter results showcasing operational momentum at its cornerstone Leismer asset, continued debt reduction and execution on its return of capital commitment through inaugural share repurchases. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash Flow through its low-decline, oil weighted asset base. Q1 2023 and Recent Corporate [Read more]

Athabasca Oil Hydraulic Fracturing TC Energy Trans Mountain Pipeline

Freehold Royalties Ltd. announces results from annual meeting of shareholders

May 10, 20236:35 PM Globe Newswire

Freehold Royalties

CALGARY, Alberta - Freehold Royalties Ltd. (TSX: FRU) (Freehold) announced today that all nominees listed in its notice of meeting and information circular dated March 22, 2023, were elected as directors of Freehold at its Annual Meeting of Shareholders (the Meeting) held today. In addition, all other matters considered at the Meeting were approved by Freehold's shareholders. The results of the votes on the director nominees are as follows: Nominee Votes For Votes [Read more]

Freehold Royalties

Questerre reports first quarter 2023 results

May 10, 20235:45 PM Globe Newswire

Questerre Energy logo

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2023. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “We are taking a more active role at Red Leaf, our 40% owned investee company, as they develop their core assets: a wax processing facility in the Uintah Basin with environmental permits in place and their patented technology to [Read more]

Questerre Energy

Pieridae releases Q1 2023 results

May 10, 20234:51 PM Globe Newswire

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its first quarter 2023 financial and operating results. Pieridae generated Net Operating Income (“NOI”)1 of $50 million and made term debt principal repayments totalling $28 million during the first quarter of 2023. Pieridae’s management’s discussion and analysis (“MD&A”) and unaudited interim consolidated financial statements and notes for the quarter ended March 31, 2023 are [Read more]

LNG Pieridae Energy

Freehold Royalties announces first quarter results

May 10, 20232:01 PM Globe Newswire

Freehold Royalties

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2023. President’s Message The execution of Freehold’s North American strategy continued during the first quarter. From the COVID related lows of 2020, when Freehold embarked on our North American expansion, the Company has grown its production by over 50%, its revenues by 75%, while maintaining the Company’s core identity of providing shareholders with [Read more]

Freehold Royalties

Birchcliff Energy Ltd. announces Q1 2023 results, declaration of Q2 2023 dividend of $0.20 per common share and discloses Elmworth land position

May 10, 20232:00 PM Globe Newswire

Birchcliff Energy

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q1 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 June 30, 2023. Birchcliff is also pleased to disclose the details of its land position on the Montney/Doig Resource Play in Elmworth, Alberta. “In Q1 2023, we generated adjusted funds flow(1) of $88.7 [Read more]

Birchcliff Energy Carbon Tax Hydraulic Fracturing LNG Pembina Pipeline

Equinor ASA: Minutes from the annual general Meeting 2023

May 10, 202312:23 PM Globe Newswire

Equinor

On 10 May 2023, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2022, as proposed by the board of directors. An ordinary dividend of US dollar ("USD") 0.30 per share and an extraordinary dividend of USD 0.60 will be distributed for the fourth quarter of 2022. The fourth quarter 2022 dividend accrues to the shareholders as registered in Equinor's shareholder register with the Norwegian [Read more]

Equinor

Cenovus Energy supports communities impacted by Alberta wildfires

May 10, 20237:15 AM Globe Newswire

Cenovus Energy

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a $200,000 donation to the Canadian Red Cross 2023 Alberta Fires Appeal to help support immediate relief efforts for the people and communities impacted by the ongoing wildfire situation in the province. In addition, the company is matching employees’ individual donations to fire relief efforts made through Cenovus Cares, its giving and volunteering program. Cenovus’s donation will [Read more]

Cenovus

Pipestone Energy Corp. announces first quarter 2023 results, provides an update on the Alberta wildfire impact and announces the appointment of an Interim CEO

May 10, 20235:30 AM Globe Newswire

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its first quarter 2023 financial and operational results. The Company also announced today that Paul Wanklyn, President and Chief Executive Officer, will be taking an immediate leave of absence for health reasons. Pipestone’s Board of Directors has appointed Dustin Hoffman, the Company’s Chief Operating Officer, as Interim President and Chief Executive [Read more]

Pipestone

Report on voting from the 2023 annual shareholders meeting

May 9, 20238:50 PM Globe Newswire

CALGARY, Alberta - (TSX - NVA) NuVista Energy Ltd. ("NuVista") announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 9, 2023. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 28, 2023 (the "Circular"). 1.        Fixing the Number of Directors By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at [Read more]

NuVista Pipestone

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