BOE Report

Toscana Energy announces second quarter 2020 results

CALGARY, Alberta - Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces financial and operating results for the second quarter ended June 30, 2020. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2020. This news release should not be considered a substitute [Read more]

Suncor Energy reports second quarter 2020 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, specifically International Accounting Standard 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 Libya, which are presented on an economic basis. Certain financial measures referred [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. CALGARY, Alberta, July 22, 2020 (GLOBE NEWSWIRE) -- Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable September 25, 2020 to shareholders of record at the close of business on September 4, 2020. 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 [Read more]

Cardinal Energy Ltd. announces extension of exchange right

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) announces that approximately 62% of the outstanding principal amount of its 5.50% convertible debentures have exercised their right to exchange their debentures for a new series of 8.00% convertible debentures. In addition, Cardinal has elected to extend the period of time that debentures can be exchanged from 5:00 p.m. (Eastern time) on Monday, July 20, 2020 to 5:00 p.m. (Eastern time) on Tuesday, August 4, 2020. Please contact us [Read more]

PrairieSky announces 2020 second quarter results; publishes annual responsibility report

CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its second quarter ("Q2 2020") operating and financial results for the period ended June 30, 2020. Second Quarter 2020 Highlights: • Revenues totaled $28.2 million, comprised of royalty production revenues of $25.1 million and other revenues of $3.1 million. • Funds from Operations totaled $21.3 million ($0.09 per common share basic and [Read more]

Petrus Resources announces second lien term loan extension, extension to credit facility and third quarter 2020 capital budget

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce the concurrent extension of its second lien term loan (“Term Loan”) and Revolving Credit Facility ("RCF") and the completion of the RCF lenders' 2020 annual review.  The Company’s board of directors has also approved its third quarter 2020 capital budget. SECOND LIEN TERM LOAN EXTENSION Petrus has entered into an amending agreement with Macquarie Bank Limited to extend the $35 million Term [Read more]

Cenovus to hold conference call and webcast on second-quarter results

CALGARY, Alberta, July 16, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its second-quarter results on Thursday, July 23, 2020. The news release will provide consolidated second-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, please dial 888-231-8191 [Read more]

Husky Energy to Report Second Quarter 2020 Results

CALGARY, Alberta, July 16, 2020 (GLOBE NEWSWIRE) -- Husky Energy will release its second quarter 2020 results before markets open on Thursday, July 30, 2020. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time). CEO Rob Peabody, CFO Jeff Hart and other members of the senior executive team will participate in the call. To listen live:  Canada and U.S. Toll Free: 1-800-319-4610 Outside Canada and U.S.:  1-604-638-5340 To listen to a [Read more]

Cardinal Energy Ltd. announces extension of revolving credit facility

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) has received approval to extend the revolving period applicable to the Company’s existing reserves-based credit facility to July 29, 2020. The credit facility continues to be available, on a revolving basis, until that date. In connection therewith, the date for the re-determination of the borrowing base has also been extended to July 29, 2020. The extension of the borrowing base re-determination to July 29, 2020 provides all parties [Read more]

Suncor Energy releases 2020 Report on Sustainability

All financial figures are in Canadian dollars CALGARY, Alberta, July 15, 2020 (GLOBE NEWSWIRE) -- Suncor released its 2020 Report on Sustainability today. For 25 years, the company has voluntarily issued an in-depth report on its sustainability performance as part of its commitment to continually monitor, assess and share the impacts of its business. Strengthening relationships with Indigenous communities, reducing the carbon intensity of barrels produced, implementing new technologies [Read more]