BOE Report

InPlay Oil Corp. announces first quarter 2020 financial and operating results

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2020.  InPlay’s condensed unaudited interim financial statements and notes, as well as management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2020 will be available at “www.sedar.com” and our website at “www.inplayoil.com”. Financial and Operating Results: (CDN) ($000’s) [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425 (forty-two and one half cents per common share). The dividend will be payable on July 1, 2020 to shareholders of record at the close of business on June 12, 2020. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the [Read more]

Canadian Natural Resources Limited announces 2020 first quarter results

CALGARY, Alberta - Commenting on the Company's first quarter 2020 results, Tim McKay, President of Canadian Natural stated, "Through the first quarter of 2020 and in response to the outbreak of the novel coronavirus ("COVID-19"), we have taken proactive and effective steps to ensure the safety and health of our employees, service providers and the communities we work in, while maintaining safe, reliable operations. We currently have approximately 6,000 employees working remotely and [Read more]

Athabasca Oil Corporation announces Q1 2020 results

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its operating and unaudited consolidated financial results for the three months ended March 31, 2020. Operations Highlights Q1 Production: ~36,550 boe/d including ~28,300 bbl/d in Thermal Oil & ~8,250 boe/d in Light Oil. Leismer: Q1 production of ~19,800 bbl/d supported by strong results at Pad 7. Placid Montney: Encouraging initial results from 10 wells that were placed [Read more]

Suncor Energy reports voting results from Annual General Meeting

CALGARY, Alberta - Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.16 billion shares (approximately 76.05% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: 1.    Shareholders elected the following ten board members (nine of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows: Patricia M. [Read more]

Painted Pony provides an operational update and first quarter 2020 financial and operating results

CALGARY, Alberta - Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation”) (TSX: PONY) is pleased to announce first quarter 2020 financial and operating results. HIGHLIGHTS: Averaged strong first quarter 2020 production volumes of 319 MMcfe/d (53,141 boe/d) which is 18% higher than fourth quarter 2019 production of 271 MMcfe/d (45,173 boe/d). Realized an average natural gas price of $2.30/Mcf, 13% higher than the average AECO 5A daily spot price of $2.03/Mcf, and a combined [Read more]

Freehold Royalties Ltd. Announces Results from Annual and Special Meeting of Shareholders

CALGARY, Alberta, May 06, 2020 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated March 16, 2020, were elected as directors of Freehold at its Annual and Special Meeting of Shareholders (the Meeting) held on May 5, 2020. In addition, all other matters considered at the Meeting were approved by Freehold's shareholders. The results of the votes on the director nominees are as [Read more]

International Petroleum Corporation first quarter 2020 financial results and corporate update

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis for the three months ended March 31, 2020. Corporate Update In the April 2, 2020 press release, IPC revised its forecast 2020 net average production to be in the range of 30,000 to 45,000 barrels of oil equivalent (boe) per day (boepd), estimated operating costs for 2020 to be in the range of USD 12 [Read more]

Suncor Energy declares dividend

(All financial figures are in Canadian dollars unless otherwise noted.) CALGARY, Alberta, May 05, 2020 (GLOBE NEWSWIRE) -- The convergence of two global events has created a turbulent market situation. The COVID-19 pandemic and the associated rapid demand reduction and the crude oil supply shock as a result of the OPEC+ production decisions are expected to keep crude oil prices lower for at least the next 12-24 months. The fundamentals necessary for a recovery include: product demand returning [Read more]

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]