BOE Report

Suncor Energy reports first 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 is on an economic basis. Certain financial measures referred to in this [Read more]

Peyto Exploration & Development Corp. Announces Update on COVID-19 Measures for Its Annual and Special Meeting of Shareholders and Conference Call Details

CALGARY, Alberta, May 05, 2020 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") reminds shareholders that, in light of the ongoing public health crisis related to the COVID-19 pandemic, and in order to reduce potential risks to the health and safety of its shareholders, employees and other stakeholders, it is strongly urging shareholders and others to remain at home and not attend in person at the Company's annual and special meeting of shareholders to be [Read more]

Freehold Royalties Ltd. announces first quarter 2020 results

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2020. Results at a Glance Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2020 2019 Change Royalty and other revenue 26,284 35,609 -26 % Net income (loss) (9,022 ) (7,079 ) -27 % Per share, basic and diluted ($)(1) (0.08 ) (0.06 ) -33 % Funds from [Read more]

Devon Energy Reports First-Quarter 2020 Financial and Operational Results

OKLAHOMA CITY, May 05, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first quarter 2020. The company’s earnings release, supplemental financial tables and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. These materials will also be available on the Securities and Exchange Commission's website. The company’s first-quarter conference call will be held at 9 [Read more]

International Petroleum Corporation announces 2020 Annual General Meeting voting results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2020 Annual General Meeting of Shareholders (the 2020 AGM) held on May 5, 2020 in Toronto, Ontario. Number of Directors The number of Directors of the Corporation was set at seven. Votes For % For Votes Against % Against 61,956,502 99.99% 8,502 0.01% Election of Directors The seven nominees listed in the [Read more]

Pieridae & Uniper Agree to Extend Key Deadlines in Their Long-Term LNG Agreement

Goldboro LNG Project Continues to Move Forward CALGARY, Alberta - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German energy company Uniper Global Commodities (Uniper). These include expected commercial deliveries of gas to Uniper to start between August 31st, 2025 and February 28th, 2026; and the extension to June 30, 2021 of the deadline to make a positive final investment [Read more]

Petrus Resources announces first quarter 2020 financial & operating results

CALGARY, Alberta- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three months ended March 31, 2020. Petrus is focused on generating free cash flow for debt repayment and further development of its Ferrier Cardium asset. The severe impact of the oil demand destruction caused by the COVID-19 pandemic combined with excess oil supplies, has led to extreme volatility in global oil markets, including the first ever [Read more]

Gibson Energy Publishes Inaugural Sustainability Report

CALGARY, Alberta, May 04, 2020 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today the release of its inaugural Sustainability Report, which formalizes Gibson’s commitment to sustainability and marks the beginning of the Company’s efforts to consolidate and report on its work in this important area. “We are excited to release our inaugural Sustainability Report, which signifies our commitment to further embed environmental, social and governance [Read more]

Gibson Energy announces 2020 first quarter results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three months ended March 31, 2020. “Gibson delivered strong operational and financial results in the first quarter, driven by the continued growth of stable, long-term cash flows from our Infrastructure segment, which have increased over 40% in the last two years and are expected to [Read more]