BOE Report

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]

International Petroleum Corporation announces results of normal course issuer bid and updated share capital

TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 323,000 IPC common shares (ISIN: CA46016U1084) during the period of May 22 to 31, 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 [Read more]

Prospera Energy Inc. announces 98% increase in current assets in Q1 2023 financial results

CALGARY, Alberta, May 31, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6B: FRA) Prospera announces its first quarter 2023 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements and related management’s discussion and analysis (MD&A) for the quarter ended March 31, 2023. Prospera is pleased to announce increased working capital [Read more]

PrairieSky receives TSX approval for renewed normal course issuer bid

CALGARY, Alberta, May 30, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of PrairieSky's intention to commence a normal course issuer bid (the "NCIB"). On April 17, 2023, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The NCIB allows the Company to purchase up to 16,624,000 common shares which [Read more]

Razor Energy Corp. announces first quarter 2023 results

CALGARY, Alberta, May 29, 2023 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its first quarter financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited interim condensed consolidated financial statements, management’s discussion and analysis for the quarter ended March 31, 2023 which are available on SEDAR at www.sedar.com and the Company’s website [Read more]

Prospera Energy Inc. announces record high cash flow from operations of $5.4 million in 2022 financial results

CALGARY, Alberta - Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA) Restructured Prospera momentum accelerates by improving 2022 revenue by 3-fold and operating margin to realize record high cash flow from operations of $5.4million. Prospera is pleased to release its fourth quarter and year-end 2022 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, May 25, 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]