CALGARY, Alberta, Oct. 13, 2022 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has accepted InPlay's notice of intention to commence a normal course issuer bid (the "NCIB"). Under the NCIB, InPlay may purchase for cancellation, from time to time, as InPlay considers advisable, up to a maximum of 6,467,875 common shares of InPlay ("Common Shares"), which represents 10% of the Company's public [Read more]
Peyto Announces Leadership Update
CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) announces today that Darren Gee will retire as Chief Executive Officer of Peyto at the end of 2022. As part of an orderly and planned leadership succession process, the Company’s current President and Chief Operating Officer, Mr. Jean-Paul Lachance will advance to the position of President and CEO at that time. Mr. Lachance, who joined Peyto in 2011 as the VP [Read more]
TC Energy to build its first solar energy project in Canada
Future rendering of TC Energy solar farm at Saddlebrook, near Aldersyde, Alta. CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will begin pre-construction activities of the Saddlebrook Solar Project located near Aldersyde, Alberta. TC Energy is investing $146 million to build its first Canadian solar power project. It has the capacity to generate 81 megawatts, enough energy to power 20,000 homes annually. The initial [Read more]
International Petroleum Corporation announces results of share repurchase program and updated share capital
TORONTO, Sept. 30, 2022 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 26,666 IPC common shares (ISIN: CA46016U1084) during the period of September 26 to 30, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) [Read more]
Equinor appoints Torgrim Reitan as new Chief Financial Officer
Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor (OSE: EQNR, NYSE: EQNR), with effect from 6 October 2022. Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure a good hand over to her successor until further notice. “I am very pleased to welcome Torgrim back to the Corporate Executive Committee. Torgrim has a very strong background to take on [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 to help advance sustainable energy opportunities for First Nations
COAST SALISH TERRITORY - The First Nations Major Projects Coalition (FNMPC) is pleased to announce Cenovus Energy Inc. (Cenovus) as a new member of its Sustaining Partners Program. The program furthers FNMPC’s ability to advance relationships between its members and the private sector on issues of mutual interest. Cenovus, along with existing program members CIBC, Colliers Project Leaders, COWI, Gowling WLG, IBI Group and New Gold Inc., will benefit from an exclusive relationship with FNMPC that [Read more]
InPlay Oil Corp. announces operations update with record corporate production, a long-term forecast and return to shareholder strategy
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce an operations update and a long-term forecast through 2025. Operations Update InPlay is currently producing at record production levels of 9,600 boe/d(2) (57% light oil and NGLs) based on field estimates. In Willesden Green, three (2.9 net) Extended Reach Horizontal (“ERH”) wells were brought on production approximately ten days ago and an additional two (1.9 net) ERH wells will [Read more]
Prospera announces significant development plan to increase production
CALGARY, Alberta - Prospera Energy Inc. (PEI): TSX: PEI-V; OTC (USA): GXRFF; FRA (Germany): OF6B The reorganized efforts of Prospera have resulted in increased gross production from 80bpd to 800bpd, Q2 revenue grew by 860%, reserve asset value grew from -3.4m$ to 56.2m$ from the previous year. Settled 14m$ of legacy arrears, reduced ARO liability by 1.5m$ and addressed over 400 legacy non-compliances to be fully regulatory & environmentally compliant. Further, PEI acquired 50% light oil [Read more]
Crew Energy to participate in the Lytham Partners fall 2022 Investor Conference
CALGARY, Alberta - 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”), today announced that the Company will present at the Lytham Partners Fall 2022 Investor Conference, which takes place virtually on September 28 and 29, 2022. During the event, Mr. Dale Shwed, President and Chief Executive Officer of Crew, will be participating in a webcast [Read more]
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