BOE Report

TransGlobe Energy Corporation announces an operations update

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. 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 Arab Republic of Egypt Western Desert – South [Read more]

Equinor annual and sustainability reports for 2020

Today 19 March Equinor ASA (OSE: EQNR, NYSE: EQNR) presents its 2020 annual report and form 20-F, and its 2020 Sustainability report. “2020 was an extraordinary year with the pandemic causing human suffering and market turmoil. I am impressed by our employees’ hard work during this year, to keep people safe and operations running. We delivered solid operational performance during this demanding year, but our results were heavily impacted by the low prices for oil and gas,” says Anders Opedal, [Read more]

Suncor Energy invests in carbon capture technology company Svante

VANCOUVER, British Columbia and CALGARY, Alberta - Suncor and Svante Inc. today announced an equity financing agreement which provides Svante with the additional growth capital to accelerate the commercialization of Svante’s novel second-generation CO2 capture technology in North America for the decarbonization of industrial emissions and hydrogen production. Combined, Suncor and a number of family office investors have invested $25 million USD of equity financing, bringing the total proceeds [Read more]

Cenovus reports results of Series 1 and Series 2 First Preferred Shares conversion

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announces 274,160 of its 10,435,932 Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) have been tendered for conversion on March 31, 2021, on a one-for-one basis, into Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) and 577,882 of its 1,564,068 Series 2 Shares have been tendered for conversion, on a one-for-one basis, into Series 1 Shares. As of March 31, 2021 Cenovus will have [Read more]

Distinction Energy Corp. files year end 2020 results

CALGARY, Alberta - Distinction Energy Corp. (“Distinction” or the “Company”) announces that it has filed its annual financial statements and related management’s discussion and analysis for the three and twelve months ended December 31, 2020 with the Canadian securities regulatory authorities on SEDAR. About Distinction Energy Corp. Distinction Energy Corp. is an industry-leading producer of liquids-rich natural gas.  The Company has achieved top decile results through the development of [Read more]

InPlay Oil Corp. announces its 2020 financial, operating and reserves results highlighted by record reserves

CALGARY, Alberta- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and twelve months ended December 31, 2020, and the results of its independent oil and gas reserves evaluation effective December 31, 2020 (the “Reserve Report”) prepared by Sproule Associates Limited (“Sproule”). InPlay’s audited annual financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the year ended [Read more]

Cardinal Energy Ltd. announces fourth quarter 2020 and year-end financial results

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2020. 2020 FINANCIAL HIGHLIGHTS Fourth quarter adjusted funds flow(1) of $13.6 million funded a conservative capital program of $3.6 million and supported a $12.5 million reduction in net debt(1) compared to the third quarter of 2020; Average fourth quarter production increased 5% over the prior [Read more]

Leucrotta Exploration announces upsize to previously announced bought deal financing to C$30 million

CALGARY, Alberta - Leucrotta Exploration Inc. (the “Company” or “Leucrotta”) (TSX-V: LXE) is pleased to announce that, further to its press release dated March 15, 2021, it has entered into an amended agreement with a syndicate of underwriters amending the terms of its previously announced C$20 million bought deal financing to increase the size of the offering to C$30.0 million (the “Upsized Offering”). Under the terms of the Upsized Offering, a syndicate of underwriters, co-led by Haywood [Read more]

Leucrotta Exploration announces asset disposition, financing and phase 1 mica pad development

CALGARY, Alberta - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSXV - LXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a $20.0 million bought deal financing (the "Financing") by way of a short form prospectus offering. The Company will be conducting a concurrent non-brokered private placement of $2 million flow-through units of the Company. The Company has also entered into a definitive agreement with an Alberta-based publicly [Read more]

Peyto Exploration & Development Corp. confirms dividends for April 15, 2021

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the quarterly dividend with respect to first quarter of $0.01 per common share is to be paid on April 15, 2021, for shareholders of record on March 31, 2021. The ex-dividend date is March 30, 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 [Read more]