BOE Report

Athabasca Oil Corporation provides operations update, further debt redemptions and inclusion in the S&P TSX composite index

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide a corporate update highlighted by strong operational performance at Leismer, a steadfast commitment to debt reduction and inclusion to Canada’s headline equity index. Operations Update At Leismer, the Company successfully completed a two-week plant turnaround on schedule and on budget in May. Bitumen production has since been restored to ~20,000 bbl/d. The asset is expected to exit [Read more]

Cenovus announces enhanced long-term sponsorship of the Calgary Stampede

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a new and substantial long-term sponsorship agreement with the Calgary Stampede. The four-year, Champion level sponsorship builds on more than a decade of involvement with the Stampede. The enhanced relationship, which runs through 2025, includes premier sponsorship of the Saddle Bronc competition and a new fan experience with company volunteers handing out treats and other giveaways to lucky fans seated in the [Read more]

Marksmen announces granting of stock options

CALGARY, ALBERTA Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) announces the granting of stock options to purchase 1,760,000 common shares of the Company to a consultant subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.085 per share, vest immediately and have a one-year term from the date of issuance. For additional information regarding this news release please contact Archie Nesbitt, Director, and CEO of the [Read more]

Freehold Royalties Ltd. announces new board members

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) is pleased to announce the appointments of Sylvia Barnes and Valerie Mitchell to the Board of Directors. Ms. Barnes is a seasoned Board Director, a business leader and co-founder of Tanda Resources LLC, a privately-held energy advisory firm focused on upstream investments and consulting based in Houston, Texas, where she resides. She currently is a Board Member at StoneBridge Acquisition Corp. (NASDAQ: APACU) and has been a [Read more]

MEG Energy announces initiation of share buyback program

CALGARY, Alberta - MEG Energy Corp. (TSX:MEG, “MEG” or the “Corporation”) is pleased to announce that as a part of a 15 million share block trade on the TSX at a price of $21.85 per share, the Corporation has repurchased 3.4 million shares for cancellation using the block purchase exception under its normal course issuer bid (“NCIB”) and other institutional shareholders have purchased the remaining shares of the block.  The Corporation has 23.6 million shares remaining under its current NCIB [Read more]

Petrus announces closing of refinancing of credit facilities

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has closed the credit refinancing transactions previously announced on May 5, 2022. The Company has entered into agreements with new lenders to the Company which provide two new credit facilities (the “New Credit Facilities”) totaling up to $55 million. The New Credit Facilities consist of a $30 million reserve-based, secured operating revolving loan facility with ATB Financial (the [Read more]

InPlay Oil Corp. announces extension of credit facility

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the Term Out Date and Borrowing Base redetermination applicable to the revolving line of credit (Tranche A and Operating Facilities) under the Company’s Senior Credit Facility has been extended from May 31, 2022 to June 30, 2022.  InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide [Read more]

Pieridae announces voting results report following its annual and special shareholder meeting

CALGARY, Alberta Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced that, in accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, the Company released its Voting Results Report that briefly describes the matters voted upon and the outcome of the votes at the Annual and Special Meeting of Shareholders (the “Meeting”) of Pieridae held on May 26, 2022. Each of the matters acted upon at the Meeting is described below and in greater [Read more]

Razor Energy Corp. announces first quarter 2022 results and executive appointment

CALGARY, Alberta - Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its first quarter 2022 financial and operating results and the appointment of Michael Blair as Chief Operating Officer. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited interim condensed consolidated financial statements and management’s discussion and analysis for the three months ended March 31, 2022 which are available on SEDAR at [Read more]

Prairie Provident reports on AGM voting results

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces shareholder voting results on the election of directors and appointment of an auditor, as considered by shareholders at the Company's annual meeting held today. Election of Directors At the meeting, each of Patrick McDonald, Bettina Pierre-Gilles, Ajay Sabherwal and Tony Berthelet was nominated and elected, by ordinary resolution, as a director of the Company for the ensuing year, to hold [Read more]