BOE Report

Hammerhead Energy Inc. announces voting results on election of directors at annual and special meeting

CALGARY, Alberta, June 08, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead" or "HEI") (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce that on June 8, 2023, it held its annual and special meeting of shareholders. A total of 81,670,052 Class A common shares ("Common Shares"), representing approximately 89.77% of HEI's outstanding Common Shares, were represented in person or by proxy at the meeting. At the meeting, shareholders approved the election of eight (8) [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta, June 06, 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 July 17, 2023 to shareholders of record on June 30, 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 and [Read more]

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]