BOE Report

Pieridae releases Q3 2022 results

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) announces the release of its third quarter 2022 financial and operating results, highlighted by year-over-year improvement in financial metrics such as Revenue, Net Operating Income and Adjusted Funds Flow and continued debt reduction. A full version of Pieridae’s management’s discussion and analysis (“MD&A”) and unaudited interim condensed consolidated financial statements and notes thereto for the fiscal [Read more]

Peyto Reports Q3 2022 Results and 2023 Plans Including 120% Dividend Increase

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the third quarter of the 2022 fiscal year. A 71% Operating Margin1,2 and a 30% Profit Margin3 in the quarter delivered a 14% Return on Capital4 and a 19% Return on Equity4, on a trailing twelve-month basis. Highlights for the quarter included: Funds from operations5 per share up 83%. Generated $197 million in [Read more]

Prairie Provident Resources Announces Third Quarter 2022 Financial and Operating Results

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three and nine months ended September 30, 2022. PPR’s unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2022 and related Management’s Discussion and Analysis (“MD&A”) for the same periods are available on our website at www.ppr.ca and filed on [Read more]

Questerre reports third quarter 2022 results

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2022. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Although Bill 21 was enacted during the quarter, the Quebec election is now over. There could be an opportunity for a less political approach to energy security by the Quebec Government. [Read more]

Petrus Resources Announces Third Quarter 2022 Results & Provides 2023 Budget Guidance

CALGARY, Alberta, Nov. 09, 2022 (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 nine months ended September 30, 2022. Surging capital activity – 9 (8.4 net) wells spud with 5 (2.3 net) wells completed and on production in the Ferrier and North Ferrier areas with total capital expenditures (excluding acquisitions) of $49.5 million during the third quarter of 2022. Funds [Read more]

Birchcliff Energy Ltd. Announces Excellent Q3 2022 Results, Including Record Q3 Adjusted Funds Flow and Free Funds Flow

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q3 2022 financial and operational results. “Birchcliff continued to deliver exceptional results in the third quarter, highlighted by quarterly average production of 78,079 boe/d, which resulted in record Q3 adjusted funds flow(1) of $267.4 million ($1.01 per basic common share(2)), record Q3 free funds flow(1) of $182.0 million ($0.69 per basic [Read more]

TC Energy reports strong third quarter 2022 results

CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its third quarter results today, reporting continued strong performance. “Our portfolio remains resilient despite the economic headwinds facing the broader market,” said TC Energy's President and Chief Executive Officer, François Poirier. “Demand for our services across our North American portfolio remains high and we continue to see strong utilization, availability, and overall asset performance. [Read more]

InPlay Oil Corp. Announces Third Quarter 2022 Financial and Operating Results Highlighted by Record Quarterly Production and the Implementation of an Inaugural Base Dividend

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its record setting financial and operating results for the three and nine months ended September 30, 2022 and the implementation of an inaugural base dividend. The implementation of the inaugural base dividend is a significant milestone in the Company’s strategy of providing additional strong returns to shareholders through the return of capital along with the [Read more]

Pipestone Energy Corp. Reports Third Quarter 2022 Results, Revised Corporate Guidance, and Announces an Enhanced Shareholder Return Strategy

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is reporting its third quarter 2022 financial and operational results. It is also providing an operations update and an update on its 3-year plan that forecasts moderated production growth, and a focus on shareholder returns. MODERATED GROWTH WITH A FOCUS ON SHAREHOLDER RETURNS: Since the startup of Pipestone Energy Corp in January 2019, the Company has achieved [Read more]

NuVista Energy Ltd. Announces Record Financial and Operating Results, Increases 2022 Production Guidance, Provides 2023 Guidance, and Increases Return of Capital to Shareholders

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce record-setting financial and operating results for the three and nine months ended September 30, 2022, and to provide a number of updates which demonstrate continued material advancement of our Pipestone and Wapiti Montney development areas. Commodity prices in 2022 have remained volatile but strong. Adjusted funds flow and production growth continues to set new [Read more]