BOE Report

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]

Cenovus reports voting results of election of Directors

CALGARY, Alberta, April 26, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2023, each of the 13 nominees proposed as Directors and listed in its Management Information Circular dated March 1, 2023 were elected as Directors. The detailed results of the vote are set out below. Nominee Votes for Votes against Number Percent Number Percent Keith M. [Read more]

Cenovus announces 2023 first-quarter results, dividend increase

CALGARY, Alberta, April 26, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered upstream production in the first quarter of 779,000 barrels of oil equivalent per day (BOE/d)1 and downstream throughput of 457,900 barrels per day (bbls/d). The company generated $1.4 billion in adjusted funds flow and cash used in operating activities was $286 million. First-quarter results reflect lower commodity prices, reduced production in the upstream business and lower operating [Read more]

International Petroleum Corporation announces results of normal course issuer bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 115,900 IPC common shares (ISIN: CA46016U1084) during the period of April 17 to 21, 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 2016/1052 [Read more]

Prospera Energy announces granting incentive share options

CALGARY, Alberta, April 21, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. PEI: TSX-V; OF6A: FRA, OTC: GXRFF In March 2023, Prospera Energy granted incentive share options to integral employees / consultants and management team members to maintain continuity to execute the restructured Prospera’s development plan. Prospera has issued a total of 1,250,000 options at $0.10 and 400,000 options at $0.11 and 1,523,140 at $0.125 pursuant to its incentive stock option plan (“Plan”) to management, [Read more]