BOE Report

Athabasca Oil Corporation Announces 2019 Year-end Results

CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide its 2019 year-end results and annual reserves. 2019 Corporate Highlights Production: Annual production of ~36,200 boe/d (87% liquids) which included ~10,100 boe/d (54% liquids) in Light Oil and ~26,100 bbl/d in Thermal Oil. Funds Flow, Capital Expenditures & Free Cash Flow: Annual Adjusted Funds Flow of ~$155 million ($0.30/share) and ~$140 million of capital expenditures [Read more]

Baytex Announces Fourth Quarter and Full Year 2019 Financial and Operating Results and Board Appointment

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months and year ended December 31, 2019 (all amounts are in Canadian dollars unless otherwise noted). “2019 was an exceptional year with $1 billion EBITDA, $329 million of free cash flow and a 17% reduction in net debt. During the first quarter of 2020, we enhanced our long-term note maturity schedule and extended the term of our revolving credit facilities to 2024. Our [Read more]

International Petroleum Corporation Announces Results of Share Repurchase Program

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 348,936 IPC common shares (ISIN: CA46016U1084) during the period of February 17 to 28, 2020 under the previously announced share repurchase program. The share repurchase program, announced by IPC on November 7, 2019, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No [Read more]

International Petroleum Corporation Updated Share Capital

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act: Following the cancellation of a further 1,865,776 common shares repurchased by IPC under the share repurchase program announced on November 7, 2019, the total number of issued and outstanding common shares of the Corporation is 155,385,093 common shares with voting rights. International Petroleum Corp. (IPC) is an [Read more]

Suncor Energy files annual disclosure documents

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Suncor has filed its 2019 Annual Report, 2019 Annual Information Form and 2020 Management Proxy Circular. To view the company’s annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor’s website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor’s 2019 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is Canada's leading integrated energy [Read more]

Husky Energy Announces Fourth Quarter 2019 Dividend and First Quarter 2020 Preferred Shares Dividend Payments

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Husky Energy’s Board of Directors has approved a quarterly dividend of $0.125 (Cdn) per common share for the three-month period ended December 31, 2019. The dividend will be payable on April 1, 2020 to shareholders of record at the close of business on March 17, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the three-month period [Read more]

Husky Energy Reports 2019 Fourth Quarter and Annual Results

This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “operating margin”, “net debt”, “net debt to trailing funds from operations” and “operating netback.” Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta - Husky Energy generated funds from operations of $3.3 billion in 2019, including $469 million in the fourth quarter. Cash flow from operating activities, including changes in non-cash working [Read more]

Cardinal Energy Ltd. Announces 2019 Year-End Reserves, Environmental, Social and Governance and Operational Update

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to present the results of its independent reserve report effective December 31, 2019. Cardinal's year-end 2019 reserves were evaluated by independent reserves evaluator GLJ Petroleum Consultants ("GLJ") as at December 31, 2019 (the "2019 Reserve Report"). The 2019 financial and operating information in this press release is based on estimates and is unaudited and accordingly, such financial information is [Read more]

Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends

CALGARY, Alberta, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending March 31, 2020: Shares TSX Stock Symbol Dividend per ShareCommon Shares BIR $0.02625Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375 The dividends are payable on March 31, 2020 to [Read more]

Gibson Energy and USD Announce Government of Alberta Approval of Hardisty DRU and Finalization of Agreements to Sanction the Construction of the Initial 50,000 bbl/d of Capacity

CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) -- US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. Additionally, USD and Gibson have finalized all required commercial agreements with ConocoPhillips Canada to fully underpin and [Read more]