BOE Report

Pieridae releases Q4 and 2021 results

CALGARY, Alberta, March 24, 2022 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) released its 2021 financial and operating results today, highlighted by year-over-year growth in Adjusted Funds Flow From Operations (up 115% to $57.7 million) and a 66% increase in Net Operating income to $84.1 million. “We have transformed as a company in the past year following the completion of our strategic review and the suspension of the Goldboro LNG Project,” said [Read more]

Canada Energy Regulator issues financial penalty to Trans-Northern Pipelines Inc.

CALGARY, Alberta - Today the Canada Energy Regulator (CER) released full details of its $100,000 Administrative Monetary Penalty (AMP) to Trans-Northern Pipelines Inc. (TNPI). The company did not apply to the Commission of the CER for approval before conducting decommissioning activities at their Mirabel Metering Station in Mirabel, Quebec, as required by section 45.1 of the Onshore Pipeline Regulations (OPR). TNPI did not request a review of the AMP and has paid the full amount. This AMP was [Read more]

CER provides reasons for denial of NOVA Gas Transmission Ltd.’s firm-linked transportation service

CALGARY, Alberta - The Commission of the Canada Energy Regulator denied NOVA Gas Transmission Ltd.’s (NGTL) application for a proposed firm transportation linked service, and associated tolling methodology, from receipt points along the North Montney Mainline in Northeast B.C. to the proposed Willow Valley Interconnect delivery point. The Commission found that the tolling methodology would result in tolls that were not just and reasonable. The Commission approved NGTL’s request to designate the [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 430,950 IPC common shares (ISIN: CA46016U1084) during the period of March 14 to 18, 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]

Equinor annual and sustainability reports for 2021

Equinor ASA (OSE: EQNR, NYSE: EQNR) presents its 2021 annual report and form 20-F, and its 2021 Sustainability report. “We present our annual reports for 2021 at a very difficult time in Europe. My thoughts are with all suffering the consequences from the invasion of Ukraine. Our top priority in this situation is to continue securing reliable and safe delivery of energy to Europe,” says Anders Opedal, President and CEO of Equinor ASA. Equinor took measures in the second half of 2021 to [Read more]

Birchcliff Energy Ltd. announces the filing of its audited financial statements and other disclosure documents for the year ended December 31, 2021

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that it has filed its annual audited financial statements (the “Financial Statements”) and related management’s discussion and analysis and its annual information form (the “AIF”) for the financial year ended December 31, 2021 (collectively, the “Annual Filings”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”). The Financial Statements are consistent with the [Read more]

InPlay Oil Corp. announces record setting 2021 financial, operating and reserves results

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its record setting financial and operating results for the three and twelve months ended December 31, 2021, and the results of its independent oil and gas reserves evaluation effective December 31, 2021 (the “Reserve Report”) prepared by Sproule Associates Limited (“Sproule”). InPlay’s audited annual financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for [Read more]

Cardinal Energy Ltd. announces fourth quarter 2021 and year-end financial results

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2021. FINANCIAL HIGHLIGHTS FROM THE FOURTH QUARTER OF 2021 Fourth quarter 2021 production increased 10% over the same period in 2020; In the fourth quarter of 2021, adjusted funds flow(1) increased 293% to $53.5 million ($0.36 per basic share) as compared to the fourth quarter of 2020. Adjusted [Read more]

Petrus Announces Closing of Strategic Acquisition of Cardium Assets in Ferrier

CALGARY, Alberta, March 14, 2022 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has closed its previously announced acquisition of a privately owned limited partnership and its general partner for total consideration of approximately $14.4 million, consisting of the issuance of 10 million common shares of the Company. Petrus’ approved 2022 capital budget remains at $50-$55 million following the acquisition. Capital will be [Read more]

Pieridae to hold conference call and webcast to discuss fourth quarter and year-end 2021 results

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its fourth quarter and year-end 2021 results on Thursday, March 24, 2022 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Operating Officer Darcy Reding and Interim Chief Financial Officer Adam Gray will discuss the financial results, Company developments and forward-looking strategy at 8:30 a.m. (MDT) /10:30 a.m. (EDT). Members of the investment community, shareholders [Read more]