BOE Report

Hillcrest appoints Michael Moskowitz to Board of Directors

VANCOUVER, British Columbia - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today announced that veteran technology executive Michael Moskowitz will join the Company’s Board of Directors effective May 10, 2022. Moskowitz joined Hillcrest as a strategic advisor in May 2021 to help refine the Company’s go-to-market [Read more]

Birchcliff Energy Ltd. releases 2021 ESG report

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the release of its 2021 ESG Report, which details the Corporation’s environmental, social and governance (“ESG”) activities and performance metrics for the year ended December 31, 2021. Birchcliff continues to be a leader in all aspects of its ESG performance and is committed to the safe and responsible production and delivery of clean, reliable natural gas and oil. Birchcliff [Read more]

Cardinal Energy Ltd. report on voting from the 2022 shareholders meeting

CALGARY, Alberta - (TSX - CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") held its annual and special shareholders meeting (the "Meeting") today. A total of 67,105,353 votes representing 43.92% of the total votes entitled to vote at the Meeting, were voted in connection with the matters considered at the Meeting. Full results for all resolutions are set forth below. 1.        Fixing number of Directors By ordinary resolution passed via ballot, the number of directors to be [Read more]

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

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to May 2022 of $0.05 per common share is to be paid on June 15, 2022, for shareholders of record on May 31, 2022. The ex-dividend date for the May dividend is May 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 website at [Read more]

Birchcliff Energy Ltd. announces voting results from 2022 annual meeting of shareholders

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual Meeting of Shareholders held on May 12, 2022 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 28, 2022 (the “Information Circular”) and approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy of which is [Read more]

Petrus Resources Ltd. announces results of annual general meeting of shareholders

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held today (the “Meeting”). The resolutions approved at the Meeting were as follows: The resolution to fix the number of directors of the Company to be elected at the Meeting at five (5) directors was approved. The resolution to appoint the five (5) nominees as directors of the Company to serve [Read more]

Peyto Exploration & Development Corp. announces results of directors vote

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated March 23, 2022 were elected as directors of Peyto at Peyto's annual meeting of shareholders (the "Meeting") held today, May 12, 2022. The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by ballot, each of the following seven [Read more]

Cardinal Energy Ltd. announces first quarter 2022 operating and record financial results

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) announces its operating and record financial results for the first quarter ended March 31, 2022. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2022 First quarter 2022 total production increased 12% over the same period in 2021 with crude oil production increasing by 18%; Adjusted funds flow(1) increased to a record $86.6 million, a 436% increase over the same period in 2021 and a 62% [Read more]

Birchcliff Energy Ltd. announces excellent Q1 2022 results, doubling of quarterly common share dividend for Q2 2022 and plans to increase common share dividend in 2023

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q1 2022 financial and operational results, the doubling of its quarterly common share dividend for the quarter ending June 30, 2022 and plans to further increase the Corporation’s common share dividend in 2023. “We continue to be committed to maximizing free funds flow generation and significantly reducing indebtedness. I am pleased to report that Birchcliff delivered on both [Read more]

Peyto reports record funds flow in Q1 2022

CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the first quarter of the 2022 fiscal year. A 71% Operating Margin1,2 and a 34% Profit Margin3 in the quarter delivered an 9% Return on Capital4 and a 13% Return on Equity5, on a trailing twelve-month basis. Highlights for the quarter included: Funds from operations6 per share up 69%. Funds from Operations (“FFO”) were a Company record $203 [Read more]