CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. OPERATIONS UPDATE PRODUCTION Production Summary (WI before royalties and taxes): (Boepd) Q1 2021 Apr 2021 May 2021 Jun 2021 (to Jun 21st) YTD [Read more]
Bellatrix announces court-approved transaction
CALGARY, Alberta - Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the “Purchased Shares”), which would represent approximately 45% of the aggregate issued and outstanding common shares of Bellatrix upon implementation of the Transaction. The Transaction was approved today by [Read more]
Pieridae releases its inaugural ESG report
CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to release its inaugural ESG Report. This announcement is the culmination of more than 14 months of effort to develop an ESG framework and strategy before producing and finalizing our inaugural report. We have defined the top material ESG risks and opportunities to be prioritized over the coming months, and have made a number of commitments the Company will focus on delivering. Our Commitments: [Read more]
Suncor Energy and Terra Nova co-owners reach agreement in principle on Terra Nova
CALGARY, Alberta - Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, with the intent to move to a sanction decision in the Fall. A subset of owners will increase their ownership of the [Read more]
Birchcliff Energy Ltd. releases 2020 ESG Report
CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the release of its 2020 ESG Report, which details the Corporation’s environmental, social and governance (“ESG”) activities and performance metrics for the year ended December 31, 2020. Birchcliff is committed to remaining a leader in all aspects of ESG performance. In 2020, Birchcliff continued to find innovative ways to improve emissions performance and protect the environment, [Read more]
Petrus Resources Ltd. announces results of annual general and special 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 and special 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 four (4) directors was approved. The resolution to appoint the four (4) nominees as directors of the Company [Read more]
Peyto Exploration & Development Corp. confirms dividends for July 15, 2021
CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the quarterly dividend with respect to second quarter of $0.01 per common share is to be paid on July 15, 2021, for shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021. 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 www.peyto.com to [Read more]
Prairie Provident Announces Appointment of Chief Executive Officer
CALGARY, Alberta, June 15, 2021 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces the appointment of Tony Berthelet as President and Chief Executive Officer. Mr. Berthelet comes to Prairie Provident with more than 23 years of subsurface evaluation, field development, production operations and asset management experience in the oil and gas industry. He has a deep technical background and extensive executive qualifications, having most [Read more]
InPlay Oil Corp. announces participation in Noble Capital Markets C-Suite Interview Series
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) today announced their participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek. InPlay President & CEO Doug Bartole sat down with Noble Capital Markets Senior Research Analyst Michel Heim for this exclusive interview. Topics covered include: Returning to higher pre-COVID production and reserve levels Recent successful drills; discussion of their production [Read more]
InPlay Oil Corp. announces extension of credit facility
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from June 14, 2021, to June 30, 2021. A further extension of the annual renewal and redetermination has been agreed upon in order to provide additional time for InPlay and the banking syndicate to finalize the negotiation of terms. For further information [Read more]
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