BOE Report

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]

International Petroleum Corporation announces results of share repurchase program

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 74,410 IPC common shares (ISIN: CA46016U1084) during the period of September 19 to 23, 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) and Commission Delegated [Read more]

Petroleum Services Association of Canada announces rebrand to Enserva

CALGARY, Alberta - Canada’s energy industry is transforming, and so is Enserva (the “Association”) – today, our Association is proud to officially announce our rebrand from our previous identity as the Petroleum Services Association of Canada to our new moniker, Enserva. This exciting rebrand better reflects who our Association is and where we are going. For over 40 years, our Association has championed Canadian energy. Our roots run deep in the petroleum industry. Our future lies in the [Read more]

InPlay Oil Corp. announces inaugural sustainability report

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that it has published its inaugural sustainability report (the “Sustainability Report”) which can be accessed through the Company’s website. The Sustainability Report highlights the Company’s significant environmental successes and reaffirms the Company’s commitment to environmental stewardship while safely and efficiently developing our assets that contribute to the local, [Read more]

Prospera Energy Inc. closes Petrolia Acquisitions

CALGARY, Alberta - Prospera Energy Inc. (PEI): TSX: PEI-V; OTC (USA): GXRFF; FRA (Germany): OF6A Prospera Energy Inc. ("Prospera" or the "Corporation") wishes to provide details in respect to its recent property acquisitions. Further to the Corporation’s press release of July 21, 2022, Prospera has closed its previously described debt settlement and working interest acquisitions agreements. Pursuant to an arms-length debt settlement agreement dated February 16, 2022, the Corporation [Read more]

Crew Energy achieves certification under the EO100 Standard for Responsible Energy Development

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”), is pleased to announce that we have achieved independent certification of our natural gas and natural gas liquids production from our NE BC Development area under the Equitable Origin EO100™ Standard for Responsible Energy Development (the “Certification”). The Certification [Read more]

Petrus Resources Announces Increased 2022 Budget Guidance and Operational Update

CALGARY, Alberta, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce the acceleration and expansion of its capital program, resulting in increased 2022 budget guidance and an updated operational outlook. UPDATED 2022 BUDGET GUIDANCE Market conditions have improved materially since the release of Petrus' initial 2022 budget in December of last year. During the first six months of 2022, due to a combination of increased [Read more]