CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to provide its first quarter capital budget and outlook for 2021. Petrus’ Board of Directors has approved a first quarter 2021 capital budget of $9.0 million to drill three (2.1 net) Cardium wells in the Ferrier area. With the risk of volatility in the price of Canadian light oil and natural gas, the Company believes that it is prudent to maintain a disciplined capital budget that is flexible from an [Read more]
PrairieSky Royalty announces conference call for 2020 annual results
CALGARY, Alberta - PrairieSky will release its annual and Q4 2020 results on Monday, February 8, 2021 after markets close. The news release detailing PrairieSky’s Annual and Q4 2020 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the [Read more]
Pieridae COO departs company
CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced Chief Operating Officer (“COO”) Tim de Freitas has left the Company effective immediately to pursue other endeavours. “On behalf of Pieridae Energy Limited, I would like to thank Tim for his past contributions, particularly during the purchase of the Shell assets in the fall of 2019, and we wish him well in the future,” said Pieridae CEO Alfred Sorensen. Sorensen will assume COO [Read more]
InPlay Oil Corp. announces 2021 capital budget and guidance and provides an operations update with production guidance exceeding pre-COVID 2019 production levels
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that its Board of Directors has approved a $23 million capital program for 2021 with forecast average production of 5,100 – 5,400 boe/d (69% oil and liquids). InPlay enters 2021 coming out of one of the most challenging years that our industry has experienced as a result of the price capitulation (with 2020 West Texas Intermediate (“WTI”) averaging USD $39.30/bbl) and capital [Read more]
Devon Energy achedules fourth-quarter and full-year 2020 earnings release and conference call
OKLAHOMA CITY - Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter and full-year 2020 results on Tuesday, Feb. 16, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter and full-year 2020 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Feb. 17, the company will hold a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time), which will consist primarily of answers [Read more]
Freehold Royalties Ltd. announces closing of U.S. royalty assets
CALGARY, Alberta - Freehold Royalties Ltd. (“Freehold”) (TSX:FRU) announces that it has closed its previously announced acquisition of diversified, high quality, U.S. royalty assets (the “Acquired Assets”) for US$58 million (the “U.S. Royalty Transaction”). The Acquired Assets will play a key role in strengthening the resiliency of Freehold’s portfolio, enhancing the near-term and long-term sustainability of Freehold’s dividend and providing option value to return capital to shareholders through [Read more]
PrairieSky Recognized as a Global Sustainability Leader in Newly Released ESG Rankings
CALGARY, Alberta - PrairieSky Royalty Ltd. (TSX: PSK) (“PrairieSky” or the “Company”), Canada’s leading energy royalty business, is pleased to announce that during 2020 it received high scores from several globally recognized rating agencies, including CDP and Sustainalytics, for demonstrating outstanding performance in environmental stewardship, social responsibility, and governance (ESG). “As a leading Canadian royalty business, we understand the important role we play in taking action to [Read more]
Suncor to record impairment charge on White Rose assets
All financial figures are in Canadian dollars. CALGARY, Alberta - Suncor today advised that it will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project. While the asset is currently producing, the West White Rose Project was intended to access 200 million barrels (gross) of crude oil and extend the life of the White Rose field by approximately 14 years. However, the recent [Read more]
Cenovus closes transaction to combine with Husky
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its strategic combination with Husky Energy Inc. has closed. The transaction creates a resilient integrated energy leader that is well positioned to provide superior returns for investors over the long term, as well as strong environmental, social and governance (ESG) performance. The transaction was completed through a definitive arrangement agreement announced on October 25, 2020 under which Cenovus [Read more]
Razor Energy Corp. announces deferral of interest payment
CALGARY, Alberta - Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) is announcing that it will be deferring the scheduled December 31, 2020 interest payment to the Alberta Investment Management Corporation (“AIMCo”) under the existing $47.7 million Term Loan Facility (the “Amended Term Loan Facility”). The interest will be capitalized, adding to the principal of the existing Amended Term Loan Facility. The Amended Term Loan Facility matures on January 31, 2021 and bears an interest [Read more]
- « Previous Page
- 1
- …
- 121
- 122
- 123
- 124
- 125
- …
- 382
- Next Page »