BOE Report

Prospera Energy Inc. announces milestone Q2 2022 revenue (increase of 860% over Q2 2021)

CALGARY, Alberta - Second Quarter 2022 Highlights: In the second quarter of 2022, the renewed Prospera is pleased to realize milestone positive Net Income and EBITDA in Q2 2022, supported by robust commodity pricing. PEI continued to execute the restructuring objectives of production optimization, compliance, and ARO reduction. However, breakup weather conditions mitigated the activity level in Q2. Nevertheless, PEI initiated and executed the re-entry horizontal pilots to align the upcoming [Read more]

Crew Energy announces $130 Million non-core asset disposition and partial redemption of outstanding 6.500% senior unsecured notes due 2024

CALGARY, Alberta - Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NE BC”), announced today that we have successfully completed the sale of certain non-core assets at Attachie and Portage in NE BC for gross proceeds of $130 million (subject to certain customary closing adjustments) (the “Disposition”). The net proceeds from the Disposition will [Read more]

Equinor ASA: Announcement of dividend per share in NOK for first quarter 2022

Equinor (OSE: EQNR, NYSE: EQNR) announced on 4 May 2022 an ordinary dividend per share of USD 0.20 and an extraordinary dividend per share of USD 0.20 for first quarter 2022. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 12 August 2022, in total seven business days. Average Norges Bank fixing rate for this period was 9.6405. Total cash dividend for first quarter 2022 of USD 0.40 per share is [Read more]

Keyera and CN announce agreement to evaluate a clean energy terminal solution in the Alberta Industrial Heartland

CALGARY, Alberta - Keyera Corp. (“Keyera”) and CN (TSX: CNR) (NYSE: CNI) today announced the signing of a Memorandum of Understanding that will leverage their joint expertise to evaluate the creation of a specialized clean energy terminal in Alberta’s Industrial Heartland. The new infrastructure would aggregate conventional and clean energy from multiple sources to support transportation of Alberta’s diverse energy products and further strengthen the development of Canada’s green energy [Read more]

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]