BOE Report

Directorate change

SHELL PLC BOARD AND COMMITTEE CHANGES February 1, 2023 DIRECTOR CHANGES Shell plc (the “Company”) announces the following Board and Committee changes: Euleen Goh, Deputy Chair and Senior Independent Director has informed the Board that she does not wish to stand for re-election as Director of the Company at the Annual General Meeting (AGM), currently scheduled for May 23, 2023, having served as a Director for nine years. Dick Boer, a Non-executive Director, has been appointed [Read more]

TC Energy provides Coastal GasLink Project update, expected cost to reach $14.5 billion

CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced updated cost estimates for the Coastal GasLink Project (the Project). The Project continues to face material cost pressures that include challenging conditions in the Western Canadian labour market; shortages of skilled labour; impacts of contractor underperformance and disputes; as well as other unexpected events like drought conditions and erosion and sediment control challenges. A [Read more]

Prairie Provident announces year-end 2022 reserves

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of our independent 2022 year-end reserves evaluation conducted by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2022 (the “Sproule Report”).   MESSAGE TO SHAREHOLDERS The 2022 year-end updated reserves evaluation highlights reserve additions in all categories year over year driven by positive technical revisions associated [Read more]

International Petroleum Corporation updated share capital

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act: Following the cancellation of 738,243 common shares repurchased by IPC under the share repurchase program, the total number of issued and outstanding common shares of the Corporation is 136,089,756 common shares with voting rights as at January 31, 2023, of which IPC holds 71,416 common shares in [Read more]

Shell plc announces Executive Committee and Directorate changes

Shell plc announces Executive Committee and Directorate changes London, 30 January 2023 – Shell plc is to reduce the size of its Executive Committee (EC) from nine to seven members in a decisive move designed to simplify the organisation further and improve performance as we deliver our Powering Progress strategy. Under the changes, which are expected to take effect on 1 July 2023, Shell’s Integrated Gas and Upstream businesses will be combined to form a new Integrated Gas and Upstream [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 165,100 IPC common shares (ISIN: CA46016U1084) during the period of January 23 to 27, 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]

Petrus Resources Announces Monthly Activity Update

CALGARY, Alberta, Jan. 26, 2023 (GLOBE NEWSWIRE) -- 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 PETRUSPetrus 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 [Read more]

Prospera Energy Inc. announces private placement

CALGARY, Alberta - Prospera Energy Inc. PEI: TSX-V; FRA: OF6A; OTC: GXRFF Prospera Energy Inc. (“Prospera” or the “Corporation”) (PEI: TSX-V; FRA: OF6A; OTC: GXRFF) announced that it has closed a non-brokered private placement of $1,314,000 by the issue of 17,520,000 units, each unit consisting of one common share and a partial warrant (0.875:1 warrant to unit ratio), of up to 15,330,000 warrants, each whole warrant entitling the holder to subscribe for one additional share for $0.09 for 2 [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 167,500 IPC common shares (ISIN: CA46016U1084) during the period of January 16 to 20, 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 positioned for 2023 record growth after 2022 transformational year of production, revenue and profitability

CALGARY, Alberta - Prospera Energy Inc.   PEI: TSX-V; OF6A: FRA, OTC: GXRFF The restructured Prospera Energy (PEI) overcame many legacy challenges and achieved many milestones in the year 2022. Consequently, PEI has positioned itself for strong growth in the year 2023 to finally overcome legacy obligations, achieve stability and greater profitability. In 2022 PEI achieved: Peak production levels of 1,250Boepd mainly oil (80%) from a low 80Bblspd from the year 2021. Realized record [Read more]