BOE Report

Questerre files memorandum with parliamentary committee for Bill 21

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has filed its submission with the parliamentary committee in Quebec on Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities. The submission includes independent assessments on the economic and environmental impacts of development and the detailed polling data on social acceptability showing strong support for local natural [Read more]

Prairie Provident announces 2022 capital budget & guidance

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce its 2022 capital budget, corporate guidance and a Michichi operational update. MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer, commented: “The 2022 development plan builds on 2021’s successful drilling programs and waterflood results in our core assets. This budget continues to support our overall strategy of increasing shareholder value [Read more]

Questerre reports on proposed ban in Quebec

CALGARY, Alberta- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) issued a report to shareholders following the introduction by the Government of Quebec of Bill 21, An Act mainly to end petroleum exploration and production and the public financing of those activities. Michael Binnion, President and Chief Executive Officer of Questerre, stated, “Our company has more than a thirty-year history in the natural gas industry in Quebec. Our founding shareholder, Terrenex, [Read more]

Pipestone Energy Corp. announces strong year-over-year reserves growth and record quarterly production

CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to provide an update on its operations with record quarterly production achieved; and to report its year-end 2021 independent reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) with an effective date of December 31, 2021 (the “McDaniel Report”). Recent Operations Highlights: Record Production Volumes: Q4 2021 production averaged 28,623 boe/d (30% [Read more]

International Petroleum Corporation announces results of share repurchase program

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 332,210 IPC common shares (ISIN: CA46016U1084) during the period of February 14 to 18, 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 (EU) [Read more]

Trans Mountain Corporation updates expansion project cost and schedule

CALGARY, Alberta - As we enter the second half of construction on the Trans Mountain Expansion Project, and after more than a decade of review, engagement, planning and engineering, this complex and large scale Project is making steady progress and setting new standards for major pipeline project execution, while overcoming significant challenges and obstacles. Trans Mountain has completed a full review of its Project schedule and cost estimates. With all work fronts now active, mechanical [Read more]

Trans Mountain Corporation Announces CEO Retirement

CALGARY, Alberta, Feb. 18, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Trans Mountain Corporation today announced the retirement of Ian Anderson from his position as President and CEO of Trans Mountain Corporation and his departure from the Board, effective April 1, 2022. The Board of Directors will begin an immediate process to select a replacement. “As Ian leaves the organization, the entire Board of Directors extends its thanks for Ian’s incredible leadership,” said William Downe, [Read more]

Baytex conference call and webcast on fourth quarter and full year 2021 results to be held on February 25, 2022

CALGARY, Alberta - Baytex Energy Corp. (TSX: BTE) will release its 2021 fourth quarter and full year financial and operating results after the close of markets on Thursday February 24, 2022. A conference call and webcast will be held on Friday February 25, 2022 to discuss the results: Date: Friday February 25, 2022 Time: 9:00 a.m. MST (11:00 a.m. EST) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America [Read more]

Peyto profitably grows reserves in 2021 and confirms larger capital program for 2022

CALGARY, Alberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2021. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2021 marks the Company’s 23rd year of successful reserves development. 2021 Highlights Total Company reserve values (BT NPV5) for Proved Developed Producing (“PDP”), Total Proved [Read more]

Marksmen announces four well capital program

CALGARY, ALBERTA - Marksmen Energy Inc. (TSXV: MAH) (OTCQB: MKSEF) (“Marksmen” or the “Company”) announces that the success of its two Davis Holbrook wells at Pickaway County, Ohio validates drilling at other offset locations in the Cambrian Knox formation. Marksmen is pleased to announce that it has entered into an agreement with its long-term partner, Houghton Investments LLC (“Houghton”) to drill three Cambrian Knox Davis Holbrook offset wells in Pickaway County, Ohio. Marksmen will be the [Read more]