BOE Report

International Petroleum Corporation first quarter 2021 financial results

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2021. Q1 2021 Financial and Operational Highlights Average net production of approximately 43,700 barrels of oil equivalent (boe) per day (boepd) for the first quarter of 2021 (44% heavy crude oil, 19% light and medium crude oil and 37% [Read more]

Athabasca Oil Corporation announces 2021 first quarter results, Hangingstone cost reductions, inaugural ESG report

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 first quarter results that demonstrate the resilience and quality of its asset base. The Company is also pleased to provide an update on initiatives to further improve its positioning in a post COVID recovery. Athabasca plans to refinance its debt in the coming months that will allow shareholders to capture the unparalleled cashflow generation potential from its long reserve life, [Read more]

Gibson Energy announces voting results for election of Board of Directors

CALGARY, Alberta - Gibson Energy Inc. announced today the voting results for the election of directors at the Company’s virtual annual general meeting of shareholders that was held on May 4, 2021. Voting Results Name of Nominee Votes For (%) For Votes Withheld (%) Withheld James M. Estey 98,912,379 99.23 % 764,784 0.77 % Douglas P. Bloom 99,407,818 99.73 % 269,345 0.27 % James J. Cleary 99,276,958 99.60 % 400,205 0.40 % Judy E. [Read more]

Strategic alternatives process: Boulder Energy Ltd

CALGARY, Alberta - Boulder Energy Ltd. (“Boulder” or the “Company”) has engaged National Bank Financial Inc. (“NBF”) as Financial Advisor and Raymond James Ltd. (“Raymond James”) as Co-Financial Advisor to initiate a process (the “Strategic Review”) to identify, examine and consider all strategic and financial alternatives available to the Company, including a sale of the Company’s assets, with the ultimate view of enhancing stakeholder value. Strategic Review The Strategic Review is [Read more]

International Petroleum Corporation announces 2021 annual general meeting voting results

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2021 Annual General Meeting of Shareholders held on May 4, 2021 in Calgary, Alberta. Number of Directors The number of Directors of the Corporation was set at seven. Votes For % For Votes Against % Against 54,357,173 99.99% 7,493 0.01% Election of Directors The seven nominees listed in the [Read more]

Construction to commence on the first co-produced geothermal power project in Alberta and Canada

CALGARY, Alberta - FutEra Power Corp. (“FutEra”), a subsidiary of Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) which is a publicly-traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta (the “Project”). For further investor information please contact the undersigned at info@futerapower.com This Project begins with field construction activities, with [Read more]

Suncor Energy reports first quarter 2021 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are [Read more]

Peyto announces update on COVID-19 measures for its annual meeting of shareholders and Q1 conference call details

CALGARY, Alberta - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) has scheduled its Annual General Meeting of Shareholders for 3 p.m. on Thursday, May 13, 2021. Peyto was hopeful that Alberta would be emerging from the COVID-19 pandemic which would allow for an in-person meeting of its shareholders. Currently, however, the Public Health Agency of Canada and Alberta Health Services is strongly advising against indoor gatherings of any kind. Therefore, [Read more]

Suncor Energy declares dividend

CALGARY, Alberta - Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable June 25, 2021 to shareholders of record at the close of business on June 4, 2021. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, [Read more]

Gibson Energy declares dividend

CALGARY, Alberta - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.35 per common share payable on July 16, 2021, to shareholders of record at the close of business on June 30, 2021. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson’s dividends are subject to Canadian withholding tax. About Gibson Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI) is a [Read more]