BOE Report

International Petroleum Corporation announces continuation of the production sharing contract for the Bertam Field, Malaysia

TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC’s subsidiaries IPC Malaysia B.V. and IPC SEA Holding B.V. have signed a letter of agreement with Petroliam Nasional Berhad (PETRONAS) to extend the Block PM 307 Production Sharing Contract (PM 307 PSC) covering the Bertam Field, offshore Peninsular Malaysia from August 15, 2025 until August 14, 2035. Mike Nicholson, IPC's Chief [Read more]

Prairie Provident Resources Announces Management Change

CALGARY, Alberta, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") is pleased to announce the appointment of Patrick R. McDonald, who has served as Chairman of the Company since March 2011 and continues in that role, as Interim Chief Executive Officer. Mr. McDonald succeeds R. Anthony Berthelet, who previously served as President and Chief Executive Officer and a director of the Company. Mr. McDonald has 40 years of experience in North [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 279,000 IPC common shares (ISIN: CA46016U1084) during the period of December 12 to 16, 2022 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]

Peyto Exploration & Development Corp. confirms monthly dividend for January 13, 2023

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to December 2022 of $0.05 per common share is to be paid on January 13, 2023, for shareholders of record on December 31, 2022. The ex-dividend date for the December dividend is December 29, 2022. Starting January 2023, the monthly dividend will increase to $0.11 per common share and is to be paid on February 15, 2023, for shareholders of record on January 31, 2023. [Read more]

Pieridae Announces 2023 Capital Program & Initial Guidance

CALGARY, Alberta, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to provide 2023 guidance including scope of the 2023 capital program along with production and net operating income projections. 2023 Guidance ($ 000s unless otherwise noted) Initial 2023 Guidance Low High Total production (boe/d) 37,000 39,000 Net operating income ($M)(1)(2) $170,000 $200,000 Implied Operating Netback ($/boe) [Read more]

Freehold Royalties Ltd. declares dividend for December 2022

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on January 16, 2023 to shareholders of record on December 30, 2022. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For [Read more]

Cardinal Energy Ltd. announces monthly dividend for December

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our December dividend of $0.06 per common share will be paid on January 16, 2023 to shareholders of record on December 30, 2022. 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 [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 365,500 IPC common shares (ISIN: CA46016U1084) during the period of December 5 to 9, 2022 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]

Crew Energy Announces 2023 Capital Budget and 4-Year Plan to Significantly Increase Size and Scale Through 2026 by Building on Success of Previous Two-Year Plan

CALGARY, Alberta, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce that our Board of Directors (the “Board”) has approved a capital expenditure budget for the full year 2023 (the “2023 Budget”), along with unveiling a new, longer-range asset development plan that builds on the successful [Read more]