BOE Report

Marksmen announces closing of extension of debenture

CALGARY, ALBERTA - Marksmen Energy Inc. (“Marksmen” or the “Company”) is pleased to announce that it has closed the extension with the holder (the “Holder”) of its non-convertible secured debenture (“Debenture”) so that the Debenture now expires on December 31, 2024. In connection with the extension, the Company has granted an additional 1,500,000 warrants to the Holder to acquire 1,500,000 common shares of the Company for an exercise price of $0.13 per share expiring December 31, 2024. All [Read more]

Canadian Spirit Resources Inc. Resumes Production at Farrell Creek, Northeast British Columbia

CALGARY, Alberta, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation” (TSXV:SPI) (OTCBB:CSPUF) is pleased to announce that production from its joint venture Montney wells at Farrell Creek/Altares was restarted on December 16, 2022. The Farrell Creek natural gas processing facility and associated Montney wells experienced a shut down related to cold weather on November 9, 2022. Current average production is approximately 5.0 Mmcf/d with CSRI’s 35% [Read more]

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]