BOE Report

International Petroleum Corporation announces first quarter 2023 financial and operational results

TORONTO, May 02, 2023 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2023. Mike Nicholson, IPC's Chief Executive Officer, comments: “We are pleased to announce another quarter of record average net daily production, as IPC achieved 52,800 barrels of oil equivalent per day (boepd) [Read more]

Razor Energy Corp. announces fourth quarter and 2022 year end results

CALGARY, Alberta, May 01, 2023 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its fourth quarter and year end 2022 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements, management’s discussion and analysis and annual information form (“AIF”) for the year ended December 31, 2022 which are available on SEDAR at www.sedar.com [Read more]

Razor announces recapitalization transaction including debt settlement and rights offering to all common shareholders

CALGARY, Alberta - Razor Energy Corp. (“Razor”) (TSXV: RZE) is pleased to announce that Razor has entered into a debt settlement agreement with Alberta Investment Management Corporation, (“AIMCo”), on behalf of certain designated entities managed and advised by AIMCo (the “Debt Settlement Agreement”), pursuant to which AIMCo and Razor have agreed, subject to certain terms and conditions, to the settlement of all obligations owing by Razor to AIMCo under the senior second amended and restated [Read more]

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

TORONTO, April 28 - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 151,600 IPC common shares (ISIN: CA46016U1084) during the period of April 24 to 28, 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 [Read more]

TC Energy reports strong first quarter 2023 results

CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “First quarter 2023 results continue to demonstrate the resiliency of our business and our ability to generate sustainable cash flow growth while advancing our clearly defined funding program. Comparable EBITDA1 was $2.8 billion, up 16 per cent from first quarter 2022 and segmented earnings [Read more]

Crew Energy announces the completion of the early redemption of outstanding 6.500% senior unsecured notes due 2024

CALGARY, Alberta, April 28, 2023 (GLOBE NEWSWIRE) -- 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 successful completion of the redemption of $172 million principal amount of 6.500% senior unsecured notes (the "Notes") due March 2024 (the "Redeemed Notes"), which represent all the Company's remaining Notes [Read more]

Prospera announces late filing of annual financial disclosure

CALGARY, Alberta - Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA; OTC: GXRFF) today announces that the filing of its audited annual financial statements, management's discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2022 (the "Required Filings"), will be delayed beyond the filing deadline of May 1, 2023, and as a result is in default of its obligations under Part 4 of National Instrument 51-102 Continuous [Read more]

TC Energy declares quarterly dividends

CALGARY, Alberta, April 28, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.93 per common share for the quarter ending June 30, 2023, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2023 to shareholders of record at the close of business on June 30, 2023. The Board also declared quarterly dividends on the [Read more]

Hammerhead Energy Inc. announces commencement of its substantial issuer bid for up to 20,000,000 of its Warrants

CALGARY, Alberta, April 27, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or "HEI") (TSX: HHRS, HHRS.WT ; NASDAQ: HHRS, HHRSW) is pleased to announce that it has commenced a substantial issuer bid (the "Offer") to purchase for cancellation up to 20,000,000 of its warrants to purchase Class A common shares of Hammerhead (the "Warrants") at a purchase price of US$1.00 per Warrant. The Offer will remain open for acceptance until 5:00 p.m. (Eastern Daylight Time) on June 2, 2023, [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta - 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 Gray President and Chief [Read more]