BOE Report

Cardinal Energy Ltd. announces monthly dividend for May

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our May dividend of $0.06 per common share will be paid on June 15, 2023 to shareholders of record on May 31, 2023. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and Governance [Read more]

Pipestone Energy Corp. advises of wildfire impact on Grande Prairie operations

CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) -- (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) advises that its operations in the Grande Prairie area are being impacted by the ongoing wildfires. As a result of the precautionary shut-in of certain operated producing locations and third-party infrastructure, approximately 20,000 Boe/d of production has been temporarily curtailed since the evening of May 5, 2023. The Company is not aware of any significant damage or loss to [Read more]

NuVista Energy Ltd. advises of wildfire impact in Grande Prairie operations

CALGARY, Alberta, May 08, 2023 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or the "Corporation") advises that due to the ongoing wildfire situation in the Grande Prairie region, the Corporation has temporarily shut in and depressured all operations proximal to the ongoing fires. This is a precautionary measure to ensure the protection of our people, the public, and our assets are foremost. The shut-ins began partially on May 5, and were then broadened by the shut-in of third party [Read more]

TC Energy announces 2023 annual meeting Board of Directors election results

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2023 annual meeting of shareholders held on Tuesday, May 2, 2023, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee # Votes For % Votes For # Votes Against % Votes Against Cheryl F. [Read more]

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]