BOE Report

Prairie Provident announces new board member and creation of ESG board committee

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the appointment of Ms. Bettina Pierre-Gilles to its Board of Directors (the “Board”), effective March 03, 2022 and the creation of its Environmental, Social and Governance (ESG) Board Committee. With more than 20 years of experience across the conventional and renewable energy sector, significant knowledge of capital markets and M&A activity, Prairie Provident believes [Read more]

Petrus Resources announces year end 2021 financial, operating & reserves 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 twelve months ended December 31, 2021 and to provide 2021 year end reserves information as evaluated by Insite Petroleum Consultants Ltd. ("Insite"). The Company's Management's Discussion and Analysis ("MD&A") and audited consolidated financial statements are available on SEDAR (the System for Electronic Document Analysis and [Read more]

Athabasca Oil announces 2021 year-end results, annual reserves and strategic update

CALGARY - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its audited 2021 year-end results and annual reserves, along with a strategic update and corporate outlook. Athabasca is uniquely positioned as a low leveraged company generating significant free cash flow through its low-decline, oil weighted asset base. Q4 and Year-end 2021 Corporate Highlights Production: 35,147 boe/d (91% Liquids) in Q4 and 34,618 boe/d (90% Liquids) in 2021. Exceeded [Read more]

Freehold Royalties Ltd. announces fourth quarter & 2021 results and increases dividend by 33%

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces fourth quarter and 2021 results for the period ended December 31, 2021. President’s Message 2021 was a very active year for Freehold – a year in which we added to and established royalty positions in some of the best oil and gas basins across North America, with our fourth quarter results showcasing the acquisition work completed largely in the second half of the year. Through our efforts, we have [Read more]

TC Energy announces consideration of subordinated notes offering by TransCanada Trust

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), is considering an offering of subordinated trust notes (Trust Notes), guaranteed on a subordinated basis by TCPL, under the Trust's short form base shelf prospectus dated Feb. 26, 2021. If a successful offering is completed, the Company intends to use the proceeds to redeem [Read more]

Petrus Announces Strategic Acquisition of Cardium Assets in Ferrier

CALGARY, Alberta, March 01, 2022 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire a privately owned limited partnership (the "LP") and its general partner (the "GP", and together, the "Acquired Entities") for total consideration of approximately $14.4 million, consisting of 10 million common shares of the Company (the "Shares") issued at a deemed price of $1.44 per [Read more]

Shell intends to exit equity partnerships held with Gazprom entities

LONDON, February 28, 2022 – The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture.  Shell also intends to end its involvement in the Nord Stream 2 pipeline project. “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless [Read more]

Razor Energy Corp. announces 2021 year-end reserves and operational outlook

CALGARY, Alberta - Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to provide a summary of its 2021 year-end reserves evaluation and an updated operational outlook. The highlights and reserves summary below set forth Razor’s gross reserves at December 31, 2021, as evaluated by Sproule Associates Limited (“Sproule”), qualified reserves evaluators, in an independent report dated February 17, 2022 (the “Sproule Report”). The figures in the following tables have been prepared [Read more]

Cardinal Energy Ltd. announces 2021 year-end reserves

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to present the results of its independent reserve report effective December 31, 2021. One hundred percent of Cardinal's year-end 2021 reserves were evaluated by independent reserves evaluator GLJ Ltd. ("GLJ") with an effective date of December 31, 2021 (the "2021 Reserve Report"). The 2021 financial information in this news release is unaudited and accordingly, such financial information is subject to [Read more]

Baytex Announces fourth quarter and year-end 2021 results, reserves and return of capital framework

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX: BTE) reports its operating and financial results for the three months and year ended December 31, 2021 (all amounts are in Canadian dollars unless otherwise noted). “In 2021, we made a commitment to maintain capital discipline, maximize free cash flow and reduce our net debt. I am very pleased to say we delivered on all fronts with strong operational execution, record free cash flow and a significantly improved balance sheet. With [Read more]