BOE Report

Birchcliff Energy Ltd. announces 2022 budget, guidance and updated five year plan

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2022 budget, guidance and updated five year plan. “Birchcliff remains committed to increasing shareholder value, which we intend to accomplish by maximizing free funds flow generation and significantly reducing indebtedness. In alignment with these priorities, our board of directors has approved a new five year plan for 2022 to 2026 that provides for potential cumulative free [Read more]

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

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 167,454 IPC common shares (ISIN: CA46016U1084) during the period of January 3 to 14, 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]

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

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to January 2022 of $0.05 per common share per month is to be paid on February 15, 2022, for shareholders of record on January 31, 2022. The ex-dividend date for the January dividend is January 28, 2022. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]

$30 million to accelerate carbon capture projects in Alberta

EDMONTON, Alberta - A new $30 million funding opportunity will accelerate development of industrial-scale carbon capture and transportation technology solutions in Alberta. Emissions Reduction Alberta’s (ERA) Carbon Capture Kickstart: Design and Engineering call builds on Alberta’s global leadership in this space, and will fill key knowledge gaps, drive partnerships and innovation, and accelerate project financing and deployment in Alberta. The Government of Alberta is providing $30 million to [Read more]

PrairieSky Royalty announces conference call for 2021 annual results

CALGARY, Alberta - PrairieSky will release its annual and Q4 2021 results on Monday, February 7, 2022 after markets close. The news release detailing PrairieSky’s Annual and Q4 2021 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the [Read more]

Freehold Royalties Ltd. declares dividend for January 2022

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.06 per common share to be paid on February 15, 2022 to shareholders of record on January 31, 2022. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. [Read more]

Kiwetinohk announces corporate update, 2022 guidance and confirmation of TSX listing date

CALGARY - Kiwetinohk Energy Corp. provides a corporate update and announces its 2022 capital expenditures budget and production guidance. “This budget is designed to deliver strong baseline cash flow from the upstream business while advancing power projects toward FID,” said CEO Pat Carlson. “The 2022 budget is a further step toward our goal of being a low-cost supplier of natural gas and reliable, dispatchable, low-emission gas-fired and renewable electricity.” Highlights Production [Read more]

InPlay Oil Corp. announces 2022 capital budget highlighting record financial and operational guidance

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that its Board of Directors has approved a $58 million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 – 9,400 boe/d(1) (62% - 63% light oil and liquids). InPlay enters 2022 in the strongest position in the Company’s history following a highly successful 2021, which saw the Company achieve record levels of annual production, adjusted funds [Read more]

International Petroleum Corporation to arrange fixed income investor meetings

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that it is planning to arrange fixed income investor meetings in connection with a potential issuance of rated senior unsecured bonds in the Nordic bond market. The contemplated bond issue is expected to be rated B+ by S&P Global Ratings and B1 by Moody’s. IPC has mandated Arctic Securities and Pareto Securities as Joint Lead Managers and Bookrunners, and SpareBank 1 Markets as [Read more]

International Petroleum Corporation announces corporate credit ratings

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that international credit rating agencies Moody’s and S&P Global Ratings have assigned corporate credit ratings to IPC. Moody’s has assigned a credit rating of B1 with stable outlook and S&P Global Ratings has assigned a credit rating of B with Stable Outlook. International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a [Read more]