BOE Report

Kiwetinohk appoints new independent board members, deepens project delivery team

CALGARY, Alberta - Kiwetinohk Energy Corp. (TSX:KEC) today announced the appointment of two new independent directors, Judith Athaide and John Whelen, effective February 3, 2022. Judith Athaide is a corporate director, entrepreneur, professional engineer and certified corporate director. She brings more than 30 years’ experience in the energy, power and utilities, infrastructure, clean technologies, real estate, financial services and professional services sectors. Her areas of expertise [Read more]

Shell PLC 4th quarter and full year unaudited results

SHELL PLC 4TH QUARTER 2021 AND FULL YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTS Quarters $ million Full year Q4 2021 Q3 2021 Q4 2020 %¹ Reference 2021 2020 % 11,461 (447) (4,014) +2662 Income/(loss) attributable to Shell plc shareholders 20,101 (21,680) +193 11,081 (988) (4,478) +1221 CCS earnings attributable to shareholders Note [Read more]

International Petroleum Corporation to release 2021 year-end financial results and to hold capital markets day on February 8, 2022

TORONTO - International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the year ended December 31, 2021, on Tuesday, February 8, 2022 at 07:30 CET, followed by an audiocast at 09:00 CET. IPC’s annual Capital Markets Day will be held on Tuesday, February 8, 2022 as a live webcast at 14:00 CET. Follow the 2021 year-end financial results audiocast at 09:00 CET live on [Read more]

Athabasca Oil Corporation announces preliminary year-end results, $32 million debt repayment and operations update

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce its preliminary 2021 year-end results, $32 million (US$25 million) term note repayment and an operational update demonstrating momentum into 2022. Athabasca is uniquely positioned as a low leveraged company generating significant free cash flow through its low-decline, oil weighted asset base. In the current oil price environment, the Company’s assets generate exceptional cash flow. [Read more]

Questerre polling data confirms majority of Quebecers support developing natural gas with new technologies

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today the recent Quebec polling results on developing natural gas with new technologies. Over 66% of decided Quebecers support local natural gas development and 20% have no opinion. This support increases to 74% with only 15% against if new technology is used to eliminate emissions, the use of municipal water systems and the use of toxic fluids below ground and 11% have no opinion. Michael [Read more]

Cenovus to hold Q4 conference call and webcast on February 8

CALGARY, Alberta - Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its fourth quarter and full-year 2021 results on Tuesday, February 8. The news release will provide consolidated fourth quarter and full-year operating and financial information. The company’s quarterly and 2021 financial statements will be available that day on Cenovus’s website. Conference call: 9 a.m. MT (11 a.m. ET) To listen live: Dial 888-394-8218 (toll-free in North America) or [Read more]

Questerre announces study on new well completion technique to replace conventional frac’ing

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today it has commissioned a report on a new completion technique to replace conventional frac’ing with a new well stimulation technique. The new technique is designed to address public concerns of conventional frac’ing of rock underground. The preliminary conclusion is that by using lower pressures and rates than the threshold used for fracturing new rock, the new approach will take advantage [Read more]

Freehold Royalties Ltd. announces new member of the Board

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) is pleased to announce the appointment of Maureen E. Howe to the Board effective February 1, 2022. Ms. Howe is a corporate director with substantial finance and capital market experience as well as relevant public company experience. Formerly a Managing Director, Equity Research, Energy Infrastructure at RBC Capital Markets, she specialized in the area of energy infrastructure, which included power generation, transmission and [Read more]

International Petroleum Corporation announces results of share repurchase program and updated share capital

TORONTO, Jan. 31, 2022 - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 376,907 IPC common shares (ISIN: CA46016U1084) during the period of January 24 to 28, 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 [Read more]

Crew Energy Inc. provides operational update highlighted by record production and strong well results

CALGARY, Alberta - Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company") is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia. The Company is pleased to announce that we have established a new production record with average volumes estimated at 32,600 boe per day1 in December 2021, and are providing an operational update confirming that Crew’s two-year plan is on track to deliver greater than 20% [Read more]