CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). The NCIB effectively renews the Corporation’s existing normal course issuer bid which is set to expire on November 24, 2022. The NCIB allows Birchcliff to purchase up to 13,295,786 common shares (representing 5% of its 265,915,722 common [Read more]
Peyto Exploration & Development Corp. confirms monthly dividend for December 15, 2022
CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to November 2022 of $0.05 per common share is to be paid on December 15, 2022, for shareholders of record on November 30, 2022. The ex-dividend date for the November dividend is November 29, 2022. Starting January 2023, the monthly dividend will increase to $0.11 per common share and is to be paid on February 15, 2023, for shareholders of record on January 31, [Read more]
Cardinal Energy Ltd. announces monthly dividend for November
CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our November dividend of $0.06 per common share will be paid on December 15, 2022 to shareholders of record on November 30, 2022. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal works to continually improve its Environmental, Social and [Read more]
International Petroleum Corporation announces results of share repurchase program
TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 126,198 IPC common shares (ISIN: CA46016U1084) during the period of November 1 to 11, 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 [Read more]
Pathways Alliance focuses on suite of technologies to advance net zero plan
CALGARY, Alberta - The Pathways Alliance, representing Canada’s largest oil sands producers, has released additional details on plans to progress innovative technologies to reduce emissions, as part of its unprecedented multi-phased plan to achieve the goal of net zero by 2050. The list of technologies underscores the Alliance’s collaborative work to help Canada achieve its climate commitments, which is being showcased as part of the official Canadian delegation to the United Nations Climate [Read more]
Pieridae releases Q3 2022 results
CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) announces the release of its third quarter 2022 financial and operating results, highlighted by year-over-year improvement in financial metrics such as Revenue, Net Operating Income and Adjusted Funds Flow and continued debt reduction. A full version of Pieridae’s management’s discussion and analysis (“MD&A”) and unaudited interim condensed consolidated financial statements and notes thereto for the fiscal [Read more]
Peyto Reports Q3 2022 Results and 2023 Plans Including 120% Dividend Increase
CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the third quarter of the 2022 fiscal year. A 71% Operating Margin1,2 and a 30% Profit Margin3 in the quarter delivered a 14% Return on Capital4 and a 19% Return on Equity4, on a trailing twelve-month basis. Highlights for the quarter included: Funds from operations5 per share up 83%. Generated $197 million in [Read more]
Prairie Provident Resources Announces Third Quarter 2022 Financial and Operating Results
CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three and nine months ended September 30, 2022. PPR’s unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2022 and related Management’s Discussion and Analysis (“MD&A”) for the same periods are available on our website at www.ppr.ca and filed on [Read more]
Questerre reports third quarter 2022 results
CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2022. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Although Bill 21 was enacted during the quarter, the Quebec election is now over. There could be an opportunity for a less political approach to energy security by the Quebec Government. [Read more]
Petrus Resources Announces Third Quarter 2022 Results & Provides 2023 Budget Guidance
CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and nine months ended September 30, 2022. Surging capital activity – 9 (8.4 net) wells spud with 5 (2.3 net) wells completed and on production in the Ferrier and North Ferrier areas with total capital expenditures (excluding acquisitions) of $49.5 million during the third quarter of 2022. Funds [Read more]