BOE Report

Plains Midstream Canada Pursuing Fort Saskatchewan Facility Expansion

CALGARY, Alberta, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Plains Midstream Canada, a subsidiary of Plains All American (Nasdaq: PAA & PAGP) (“Plains”), announced today it is exploring the expansion of its Fort Saskatchewan facility with strategic partners. The expansion would leverage existing infrastructure and add 50,000 barrels per day of C3+ fractionation capacity, while maintaining the flexibility to deliver a propane/butane mix to Plains’ fractionation facility in Sarnia, Ont. “With our [Read more]

Peyto Exploration & Development Corp. confirms monthly dividend for September 15, 2022

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to August 2022 of $0.05 per common share is to be paid on September 15, 2022, for shareholders of record on August 31, 2022. The ex-dividend date for the August dividend is August 30, 2022. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto [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 261,012 IPC common shares (ISIN: CA46016U1084) during the period of August 8 to 12, 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 Regulation [Read more]

InPlay Oil Corp. Announces Second Quarter 2022 Financial and Operating Results Highlighted by Record Quarterly Production and Financial Results, and a Fully Conforming and Increased Credit Facility

CALGARY, Alberta, Aug. 11, 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 six months ended June 30, 2022. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2022 will be available at “www.sedar.com” and our website at “www.inplayoil.com”. Our [Read more]

Peyto reports second quarter 2022 results

CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the second quarter of the 2022 fiscal year. A 67% Operating Margin1,2 and a 31% Profit Margin3 in the quarter delivered a 12% Return on Capital4 and a 17% Return on Equity4, on a trailing twelve-month basis. Highlights for the quarter included: Funds from operations5 per share up 142%. Generated record $206 million in Funds from Operations [Read more]

Questerre reports second quarter 2022 results

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the second quarter ended June 30, 2022. Michael Binnion, President, and Chief Executive Officer, commented, “During the quarter, three new Kakwa wells were brought on production. Leveraging the strong commodity prices, we recorded adjusted funds flow from operations of over $12 million for the period.” Commenting on Quebec, he added, [Read more]

Petrus Resources announces second quarter 2022 financial & operating results

CALGARY, Alberta - Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2022. Q2 2022 HIGHLIGHTS: Production up 15% – Production was up 15% from 6,309 boe/d in the second quarter of 2021 to 7,280 boe/d in the second quarter of 2022 due to the new wells drilled in late 2021 and the strategic acquisition of Cardium assets located in Petrus' Ferrier area that closed in March [Read more]

Cardinal Energy Ltd. announces monthly dividend for August

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our August dividend of $0.05 per common share will be paid on September 15, 2022 to shareholders of record on August 31, 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]

Birchcliff Energy Ltd. Announces Record Quarterly Adjusted Funds Flow and Free Funds Flow, Significant Debt Reduction and Excellent Q2 2022 Results

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q2 2022 financial and operational results, which included record quarterly adjusted funds flow and free funds flow, resulting in a significant reduction in the Corporation’s total debt. “Birchcliff had a record quarter in Q2 2022,” stated Jeff Tonken, Chief Executive Officer of Birchcliff. “We remain confident that Birchcliff will reach zero [Read more]

Trans Mountain announces new President and Chief Executive Officer

CALGARY, Alberta - The Board of Directors of Trans Mountain Corporation ("Trans Mountain” or the “Company”) today announced the appointment of Dawn Farrell to the position of President and Chief Executive Officer and member of the Board of Directors. The appointment will be effective August 15, 2022. Mrs. Farrell brings over 35 years’ experience in the energy business, having held various senior level positions, including most recently President & CEO of TransAlta Corporation where she [Read more]