BOE Report

Transglobe Energy Corporation Announces Board of Directors Transitions

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, March 20, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces changes to the composition of its Board of Directors. As previously announced, the Company [Read more]

Canadian Natural Resources Limited Provides a Corporate Update

CALGARY, Alberta - Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) is providing a corporate update on its capital flexibility and its continued focus on effective and efficient operations. Canadian Natural is well positioned through the current global COVID-19 challenges, due to our significant long life low decline asset base that has 27.8 years of reserve life based on proved reserves and 36.0 years of reserve life based on proved plus probable reserves. Of the proved [Read more]

Baytex Announces Revised 2020 Capital Program

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) announces a 50% reduction to its 2020 capital budget to $260 to $290 million, from the original $500 to $575 million announced on December 4, 2019. “As an industry, we are facing an unprecedented challenge due to the significant degradation and volatility in global crude oil prices. During this time, our priority is to preserve financial liquidity. As a result, we are immediately suspending drilling operations in Canada and [Read more]

Husky Energy Reports Results of Series 5 Preferred Share Conversion

CALGARY, Alberta, March 18, 2020 (GLOBE NEWSWIRE) -- Husky Energy announces that 40,800 Cumulative Redeemable Preferred Shares, Series 5 (Series 5 Shares) were tendered for conversion, which is less than the one million shares required to give effect to conversions into Cumulative Redeemable Preferred Shares, Series 6 (Series 6 Shares). As a result, none of the Series 5 Shares will be converted into Series 6 Shares on March 31, 2020. Investor and Media Inquiries: Leo Villegas, Senior Manager, [Read more]

InPlay Oil Corp. Announces its 2019 Financial, Operating and Reserves Results Highlighted by a 20% Increase in Adjusted Funds Flow over 2018

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 and twelve months ended December 31, 2019, and the results of its independent oil and gas reserves evaluation effective December 31, 2019 (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”).  InPlay’s audited annual financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for [Read more]

Pipestone Energy Corp. Announces 2019 Annual Filings and Approval of Long-term Incentive Awards to Directors and Management

CALGARY, Alberta -  (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) announces that it has filed its audited consolidated financial statements, management’s discussion and analysis, and annual information form for the year ended December 31, 2019 on the Company’s profile at SEDAR at www.sedar.com, and has posted them to the Company website at www.pipestonecorp.com. The Company would also like to announce that in connection with its annual compensation review for [Read more]

Cardinal Energy Ltd. Announces Fourth Quarter 2019 Year-end Financial Results and Updated Capital Budget and Dividend Suspension

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2019. 2019 FINANCIAL HIGHLIGHTS Production for the fourth quarter of 2019 averaged 20,227 boe/d with crude oil production increasing by 1% over the third quarter of 2019.  As the Company is no longer limited by the Alberta government's curtailment program, current production in March is approximately [Read more]

Gibson Energy Announces the Addition of Ms. Judy Cotte to the Company’s Board of Directors

CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that Ms. Judy Cotte will join the Company’s Board of Directors effective March 17, 2020. “We are very excited to have Judy Cotte join Gibson’s Board of Directors,” said James Estey, Chairman of Gibson. “Judy has significant legal experience, including the last 10 years exclusively focused on ESG, and is a recognized expert on ESG and responsible investment. Her addition reflects the Board’s ongoing [Read more]

Prairiesky adjusts free cash flow allocation and moves to a quarterly dividend effective Q2 2020; declares march dividend

CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) announced today that its Board of Directors has adjusted the Company’s allocation of free cash flow for the balance of the year. Over the past week global commodity markets have seen unprecedented volatility resulting from crude oil production and pricing policies implemented by global participants, as well as market reactions to the spread of COVID-19. PrairieSky’s Board of Directors has taken decisive action [Read more]

Questerre reports year-end reserves and resources

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the results of its December 31, 2019 Reserves Assessment and Evaluation of its oil and natural gas properties (the “Report”), as evaluated by McDaniel & Associates Consultants Ltd.(“McDaniel”) with an effective date of December 31, 2019, [Read more]