BOE Report

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 285,660 IPC common shares (ISIN: CA46016U1084) during the period of December 9 to 13, 2024 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 Commission Delegated Regulation (EU) No 2016/1052 [Read more]

Peyto Exploration & Development Corp. Confirms Monthly Dividend For January 15, 2025

CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to December 2024 of $0.11 per common share is to be paid on January 15, 2025, for shareholders of record on December 31, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to [Read more]

Freehold Royalties Announces Closing of Strategic Midland Basin Acquisition, Credit Facility Increase and Declares Dividend for December 2024

CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) is pleased to announce that it has closed its previously announced transaction to acquire mineral title and royalty interests in the core of the Midland Basin in Texas (the Acquisition or the Acquired Assets) for approximately $259 million, net of estimates for exchange rate, expenses and customary closing adjustments. Acquisition Highlights: 1,500 – 1,600 boe/d of premium [Read more]

Freehold Royalties Announces Closing of Equity Financing, Exercise of Over-Allotment Option, and Purchase of Additional Interest in the Acquisition

CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) is pleased to announce that it has completed its previously announced upsized bought-deal equity financing (the Equity Financing) of common shares, conducted by a syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. as joint bookrunners, including the full exercise of the over-allotment option granted to the underwriters. Pursuant to [Read more]

Razor Energy Corp. Announces Completion of Sale Transaction

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor Energy”, and together with its wholly-owned subsidiaries, Blade Energy Services Corp. and Razor Holdings GP Corp., collectively, the “the Corporation”) announces that it has closed the previously announced sale transaction and ancillary steps (collectively, the “Transaction”) pursuant to a Subscription Agreement, dated October 27, 2024, between Razor Energy, as vendor, and Texcal Energy Canada Inc. (the “Purchaser”), [Read more]

Cenovus announces 2025 capital budget and corporate guidance

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its 2025 corporate guidance, which includes capital investment of $4.6 billion to $5.0 billion, delivering upstream production of 805,000 barrels of oil equivalent per day (BOE/d) to 845,000 BOE/d and downstream crude unit utilization of 90% to 95%. Capital investment in 2025 will include about $3.2 billion of sustaining capital to maintain base production and support continued safe and [Read more]

Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update

CALGARY, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have executed agreements whereby Parex will earn a 50% working interest (“W.I.”) in four blocks located in the Putumayo Basin of Colombia (“Putumayo Blocks”) as well as the Farallones Block in the Llanos Foothills of Colombia (“Farallones Block”). Additionally, the Company provides an operational [Read more]

Devon Energy President and CEO, Rick Muncrief, to Retire March 1, 2025; Clay Gaspar, Devon Chief Operating Officer, to Succeed Muncrief

OKLAHOMA CITY, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Rick Muncrief, 66, has announced his retirement from the position of President and Chief Executive Officer and member of the Board of Directors of Devon Energy Corporation (NYSE: DVN), effective March 1, 2025. The board of directors has appointed Clay Gaspar, currently Devon’s Chief Operating Officer, to succeed Muncrief as President and CEO and as a member of the board, effective March 1, 2025. “Rick’s vision and stewardship have delivered [Read more]

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 115,804 IPC common shares (ISIN: CA46016U1084) during the period of December 5 to 6, 2024 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 Commission Delegated Regulation (EU) No 2016/1052 [Read more]

Pieridae Announces 2025 Guidance & Capital Program

Focused on efficiency, processing revenue growth & debt reduction NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to provide 2025 guidance including scope of the 2025 capital program along with production and Net Operating Income1 (“NOI”) projections. 2025 Guidance Estimates Initial Guidance [Read more]