BOE Report

Gibson Energy announces 2021 first quarter results

CALGARY, Alberta - Gibson Energy Inc. announced today its financial and operating results for the three months ended March 31, 2021. “We are very pleased with the solid start to 2021, with our Infrastructure segment performing in-line with our expected run-rate on a normalized basis and Marketing slightly above our initial outlook,” said Steve Spaulding, President and Chief Executive Officer.  “Importantly, since the start of the year, we have resumed our commercial discussions with [Read more]

Cenovus to hold first-quarter conference call and webcast on May 7

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its first quarter 2021 results on Friday, May 7, 2021. The news release will provide consolidated first-quarter operating and financial information. Financial statements will be available on Cenovus’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate in the webcast, please dial 888-390-0605 (toll-free in North [Read more]

Bayshore Petroleum Corp. corporate update

CALGARY, Alberta - Bayshore, the TSX Venture Exchange (TSX: BHS) listed technology-focused oil and gas company, reports that Shares-for-Debt Agreements have been reached with creditors Ivan Po Kwong Chan, Raymound Go and Peter Ho for the satisfaction of total debts of $1,755,495.00 through the issuance of 35,109,900 common shares at $0.05 per common share. The settlements and the issuance of the shares require the approval of the TSX Venture Exchange. All common shares to be issued in this [Read more]

Pipestone Energy Corp. announces it has successfully renewed its $225 million reserve based loan

CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that is has successfully renewed and extended its Reserve Based Loan (“RBL” or “Credit Facility”) with its syndicate of banks, re-affirming its borrowing base at $225 million. Pipestone Energy has closed on its RBL renewal with its corporate banking syndicate, consisting of National Bank Financial Inc., Bank of Montreal, ATB Financial, and Canadian Western Bank. The Credit [Read more]

Pieridae to hold conference call and webcast on Q1 2021 results

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its Q1 2021 results on Thursday, May 13, 2021 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and Chief Operating Officer Darcy Reding will discuss financial results and Company developments at 8:30 a.m. (MST) /10:30 a.m. (EST). Members of the investment community, shareholders and other interested parties are invited to participate by [Read more]

Baytex reports shareholder meeting results

CALGARY, Alberta - Baytex Energy Corp. (“Baytex”) (TSX: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved. A total of 153,884,894 common shares being 27.28% of Baytex’s issued and outstanding shares were represented at the meeting. At the meeting, all of the nominees proposed as directors were duly elected. Results of the vote are set out below. Name of Nominee Votes For # % Mark R. [Read more]

Baytex announces first quarter 2021 financial and operating results and provides five year outlook with cumulative free cash flow of $1 billion

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX: BTE) reports its operating and financial results for the three months ended March 31, 2021 (all amounts are in Canadian dollars unless otherwise noted). "We delivered strong first quarter production and free cash flow as we accelerate our deleveraging strategy. At current commodity prices, we expect to generate over $250 million of free cash flow in 2021 and we have an exciting, new, oil exploration discovery in the Clearwater oil play in [Read more]

Baytex announces first quarter 2021 financial and operating results and provides five year outlook with cumulative free cash flow of $1 billion

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX: BTE) reports its operating and financial results for the three months ended March 31, 2021 (all amounts are in Canadian dollars unless otherwise noted). "We delivered strong first quarter production and free cash flow as we accelerate our deleveraging strategy. At current commodity prices, we expect to generate over $250 million of free cash flow in 2021 and we have an exciting, new, oil exploration discovery in the Clearwater oil play in [Read more]

Distinction Energy Corp. announces closing of strategic Simonette asset acquisition

CALGARY, Alberta - Distinction Energy Corp. (“Distinction” or the “Company”) is pleased to announce that it has closed, together with Kiwetinohk Resources Corp. (“Kiwetinohk”), the previously announced $335 million acquisition (including $15 million in potential contingent payments based on future commodity prices) of certain interests in the Simonette area of northwest Alberta (the “Acquisition”). Acquisition Details The Acquisition consists of certain multi-zone, oil and liquids-rich [Read more]

Suncor Energy to release first quarter 2021 financial results, and hold annual meeting of shareholders and Investor Day

CALGARY, Alberta - Suncor will release its first quarter financial results on May 3, 2020 before 8 p.m. MST (10 p.m. EST). A webcast to review the first quarter will be held on May 4 at 7:30 a.m. MST (9:30 a.m. EST). Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice president, Investor Relations will host the [Read more]