BOE Report

Shell plc publishes its energy transition progress report 2022

Shell plc has published its Energy Transition Progress Report 2022, which can be viewed and downloaded from www.shell.com/agm. The report shows Shell has again met its climate targets as part of its energy transition strategy. The report will be put to shareholders for an advisory vote at Shell’s Annual General Meeting, currently scheduled for May 23, 2023. “In this report, we show the progress we have made towards becoming a net-zero emissions energy business by 2050, as we continue to [Read more]

International Petroleum Corporation fixed income update

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that IPC has decided not to proceed with the previously announced potential tap issue under the outstanding USD 300 million 7.25% senior unsecured bonds (ISIN NO 0012423476). Mike Nicholson, IPC's Chief Executive Officer, comments: “Given the recent volatility in the markets, we have taken the decision not to proceed with a tap issue under our existing USD 300 million bonds. IPC remains in [Read more]

Petrus Resources announces year end 2022 financial, operating & reserves results

CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and twelve months ended December 31, 2022 and to provide 2022 year end reserves information as evaluated by Insite Petroleum Consultants Ltd. ("Insite"). The Company's Management's Discussion and Analysis ("MD&A") and audited consolidated financial statements are available on SEDAR (the System for [Read more]

Peyto Exploration & Development Corp. confirms monthly dividend for April 14, 2023

CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to March 2023 of $0.11 per common share is to be paid on April 14, 2023, for shareholders of record on March 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn [Read more]

Birchcliff Energy Ltd. Announces the Filing of Its Audited Financial Statements and Other Disclosure Documents for the Year Ended December 31, 2022 and Updated Outlook and Guidance

CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that it has filed its annual audited financial statements (the “financial statements”) and related management’s discussion and analysis and its annual information form (the “AIF”) for the financial year ended December 31, 2022 (collectively, the “Annual Filings”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”). The financial [Read more]

Athabasca Oil announces approval of normal course issuer bid

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the Corporation’s normal course issuer bid (“NCIB”) to purchase up to 57,967,089 common shares during the 12-month period commencing March 16, 2023 and ending March 15, 2024 or such earlier time as the NCIB is completed or terminated at the option of Athabasca. Athabasca’s launch of a NCIB is based on the strength of the balance [Read more]

Equinor ASA: Michael Lewis leaves the board of directors of Equinor

Michael Lewis has informed that he will resign from his position as member of the board of directors in Equinor ASA with effect as of 16 March 2023 in order to avoid potential conflict of interests following his appointment as CEO in Uniper SE. His commencement date as CEO in Uniper SE has not yet been announced. The nomination committee in Equinor ASA will initiate its search for a new board member, to allow for the corporate assembly to conduct a by-election when the nomination committee’s [Read more]

Cardinal Energy Ltd. Announces Fourth Quarter 2022 and Year-End Financial Results

CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2022. HIGHLIGHTS FROM THE FOURTH QUARTER AND FULL YEAR OF 2022 Reduced net debt(1) by $115.5 million in 2022, a 65% reduction over year-end 2021 which reduces corporate risk and increases Cardinal's sustainability;Reinstated our monthly dividend in 2022 and subsequently [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.24 per common share, payable in cash on April 14, 2023 to shareholders of record on March 31, 2023.   This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum [Read more]

International Petroleum Corporation announces results of normal course issuer bid

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 127,100 IPC common shares (ISIN: CA46016U1084) during the period of March 6 to 10, 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 (EU) No [Read more]