BOE Report

Precision Drilling Corporation 2024 Fourth Quarter and Year-End Results Conference Call and Webcast

CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 fourth quarter and year-end results after the market closes on Wednesday, February 12, 2025 and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Thursday, February 13, 2025. To participate in the conference call please register at the URL link below. Once registered, you will receive a dial-in number and a unique PIN, which will [Read more]

Spartan Delta Corp. Upsizes Previously Announced Equity Offering to $85 Million

CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Spartan Delta Corp. (“Spartan” or the “Company”) (TSX:SDE) is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters (the “Underwriters”) led by National Bank Financial Inc., as lead underwriter and sole bookrunner, to increase the size of its previously announced bought deal equity financing (the “Equity Offering”) from $50.0 million to $85.0 million. The Underwriters have agreed to purchase [Read more]

Parex Resources Announces 2025 Guidance and Production Update

CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2025 guidance, announce that its syndicated credit facility has been increased, as well as provide its Q4 2024 average production. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Key Highlights Targeting FY 2025 average production of 45,000 boe/d and capital expenditures(1) of $300 million(2). Forecast FY 2025 funds [Read more]

Spartan Delta Corp. Announces Preliminary 2025 Guidance, Acceleration of Duvernay Development Program, and $50 Million Equity Offering

CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Spartan Delta Corp. (“Spartan” or the “Company”) (TSX:SDE) is pleased to announce its preliminary guidance for 2025, an accelerated West Shale Basin Duvernay (the “Duvernay”) development program, and a $50.0 million bought deal equity financing led by National Bank Financial Inc., as lead underwriter and sole bookrunner (the “Equity Offering”). 2025 BUDGET AND PRELIMINARY GUIDANCE Spartan is pleased to provide its preliminary financial [Read more]

Devon Energy Announces Updates to Executive Leadership Team

OKLAHOMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced key updates to its executive leadership team. The company promoted John Raines to the position of Senior Vice President, E&P Asset Management and Trey Lowe to the position of Senior Vice President and Chief Technology Officer. “Both John and Trey have consistently demonstrated exceptional leadership and a deep commitment to Devon and the achievement of our goals,” said Clay Gaspar, [Read more]

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

TORONTO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 313,864 IPC common shares (ISIN: CA46016U1084) during the period of January 1 to 10, 2025 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 3, 2024, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and [Read more]

Prospera Energy Inc. Announces Executive Leadership Appointment and Key Financial Developments

CALGARY, Alberta, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") Leadership Appointment Prospera announces the appointment of Darren Jackson as its Chief Operating Officer (COO) effective January 1st, 2025. Darren will oversee the company’s day-to-day operations, strategic initiatives, regulatory compliance, field optimization programs, and drive operational excellence. Darren brings over 25 years of expertise in the [Read more]

Precision Drilling Meets 2024 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates

This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. CALGARY, Alberta, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) is pleased to provide [Read more]

Petrus Resources Announces Monthly Activity Update

CALGARY, Alberta, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]

Petrus Resources Declares Monthly Dividend for January 2025

CALGARY, Alberta, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable January 31, 2025, to shareholders of record on January 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP") Petrus' DRIP enables eligible shareholders to reinvest all or part of [Read more]