BOE Report

Delphi Energy Corp. Announces Continuation of Its Strategic Process Under a Court-Supervised Restructuring Proceeding

CALGARY, Alberta - Delphi Energy Corp. (“Delphi” or the “Company”) announces that it intends to continue to carry out its strategic alternatives process, which may involve the sale of all or a portion of the business and assets or shares of the Company, or a refinancing, recapitalization or other restructuring transaction (the “Strategic Process”). However, it will now do so through a court-supervised restructuring proceeding. Delphi was facing a breach of its Total Debt to EBITDA ratio under [Read more]

Zargon Oil & Gas Ltd. Announces Resignation of Director

CALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that Glenn Koach has resigned from its Board of Directors, effective immediately. For further information please contact: C.H. Hansen President and Chief Executive Officer Zargon Oil & Gas Ltd. Telephone: 403-264-9992 E-mail: zargon@zargon.ca Website: www.zargon.ca [Read more]

Freehold Royalties Ltd. Announces Cost Reductions and Adjusts Dividend for April 2020

CALGARY, Alberta - Reflecting sustained weakness in crude oil prices, Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors (the “Board”) has declared a dividend of Cdn. $0.015 per common share to be paid on May 15, 2020 to shareholders of record on April 30, 2020, which is reduced from the previous monthly dividend level of Cdn.$0.0525. At the revised dividend level, Freehold’s funds from operations are forecast to exceed dividend outflows for the remainder of 2020 [Read more]

Pieridae to Hold Conference Call and Webcast on Fourth-Quarter and Year-End 2019 Results

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) will release its fourth-quarter and year-end 2019 results on Thursday, April 16, 2020 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 9:30 a.m. (MDT) / 11:30 a.m. (EDT). Members of the investment community, shareholders and other [Read more]

Petrus Resources announces second quarter capital budget, executive appointment and annual general meeting update

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces its second quarter 2020 capital budget.  With the current volatility in the price of Canadian light oil and natural gas, the Company believes that it is prudent to maintain a disciplined capital budget that is flexible from an operational and financial perspective. Petrus’ Board of Directors has approved a second quarter 2020 capital budget of $0.5 million, which provides for non-discretionary maintenance [Read more]

Transglobe Energy Corporation announces an update to its 2020 hedge program

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 (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces an update to its oil hedge position for 2020. All dollar values are expressed in US dollars unless otherwise stated. HEDGING [Read more]

Suncor Energy announces $1.25 billion medium term note offering

All financial figures are in Canadian dollars CALGARY, Alberta - Suncor announced today that it will issue $1.25 billion of senior unsecured Series 7 Medium Term Notes due on April 9, 2030 (the “Notes”). The Notes will have a coupon of 5.00% and have been priced at $99.697 per $100 of Notes to yield 5.039%. The offering is expected to close on April 9, 2020, subject to customary closing conditions. Suncor intends to use the net proceeds from the sale of the Notes to repay short-term [Read more]

Prairiesky announces conference call for Q1 2020 results

CALGARY, Alberta, April 07, 2020 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) will release its Q1 2020 results on Monday, April 20, 2020 after markets close. The news release detailing PrairieSky’s Q1 2020 results will provide operating and financial information. Financial statements and management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the [Read more]

Return Energy inc. announces year-end 2019 financial results and reserves

CALGARY, Alberta, April 07, 2020 (GLOBE NEWSWIRE) -- Return Energy Inc. (“Return” or the “Company”) (RTN: TSXV) is pleased to provide a summary of its financial and operational results for the three months and year ended December 31, 2019. Selected financial and operational information is outlined below and should be read with Return’s audited consolidated financial statements (“Financial Statements”) and management’s discussion and analysis (“MD&A”) as of December 31, 2019, which are [Read more]

Enerflex to Announce First Quarter 2020 Results on May 7, 2020

CALGARY, Alberta - Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), a leading supplier of products and services to the global energy industry, will release its first quarter 2020 financial results on May 7, 2020. These results will be available on the Enerflex website at www.enerflex.com. Analysts, investors, members of the media, and other interested parties are invited to participate in a teleconference and audio webcast on Friday, May 8, 2020 at 8:00 a.m. MDT to discuss the first [Read more]