CALGARY, Alberta, March 14, 2025 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the renewal of the Corporation’s normal course issuer bid (“NCIB”) to purchase up to 50,432,973 common shares during the 12-month period commencing March 18, 2025 and ending March 17, 2026 or such earlier time as the NCIB is completed or terminated at the option of Athabasca. The Company’s current NCIB [Read more]
Calfrac Well Services Ltd. Announces Resignation of CEO
CALGARY, Alberta, March 14, 2025 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac” or the “Company”) (TSX:CFW) announces that Pat Powell has resigned as Chief Executive Officer and a director of Calfrac effective immediately. The Board would like to thank Pat for his many contributions to the Company over the last three years and wish him well in the future. The Company plans to commence with a search for Mr. Powell’s permanent replacement. About Calfrac: Calfrac's common shares [Read more]
Calfrac Reports Fourth Quarter 2024 Results
CALGARY, Alberta, March 13, 2025 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2024. The following press release should be read in conjunction with the management’s discussion and analysis and annual consolidated financial statements and notes thereto as at December 31, 2024. Readers should also refer to the “Forward-looking statements” legal advisory and the [Read more]
Freehold Royalties Announces 2024 Results, Reserves and 2025 Guidance
CALGARY, Alberta, March 12, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces fourth quarter and year-end results for the period ended December 31, 2024. Fourth Quarter 2024 Highlights $77 million in revenue; $61 million in funds from operations ($0.40/share)(1)(3); $41 million in dividends paid ($0.27/share)(2); 9,878 bbls/d of total liquids production, a 5% increase from last quarter with approximately half from organic growth [Read more]
Birchcliff Energy Ltd. Announces Updated 2025 Guidance, Elmworth Well Test Results and the Filing of Its Audited Financial Statements and Other Disclosure Documents for the Year Ended December 31, 2024
CALGARY, Alberta, March 12, 2025 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that it has filed its annual audited financial statements (the “financial statements”) and related management’s discussion and analysis and its annual information form (the “AIF”) for the financial year ended December 31, 2024 (collectively, the “Annual Filings”). Birchcliff is also pleased to announce updated guidance for 2025 and provide an [Read more]
Peyto Reports Strong Fourth Quarter and 2024 Annual Results
CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Tuesday, March 11, 2025, by Peyto Exploration & Development Corp., please note that in the table under Hedging, the following amounts in the line for "Natural Gas" should be "4.14" for 2025 and "4.02" for 2026, not "4.01" and "4.51", respectively. The corrected release follows: Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX: PEY) is pleased to report operating and [Read more]
Gibson Energy and Baytex Energy Announce Pembina Duvernay Infrastructure and Area of Dedication Agreement
CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibson") and Baytex Energy Corp. (“Baytex”) are pleased to announce a strategic partnership in the Pembina Duvernay and the execution of a long-term take-or-pay agreement (the “Partnership” or the “Agreement”). The Partnership will see Gibson advance its liquids infrastructure strategy in support of the development of Baytex’s growing Pembina Duvernay asset. Key Highlights Creates a strategic partnership to develop [Read more]
PrairieSky Royalty Declares Quarterly Dividend
CALGARY, Alberta, March 10, 2025 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on April 15, 2025 to shareholders of record on March 31, 2025. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as oil and [Read more]
International Petroleum Corporation Announces Results of Normal Course Issuer Bid
TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 352,360 IPC common shares (ISIN: CA46016U1084) during the period of March 3 to 7, 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 Commission [Read more]
Prospera Energy Announces Acquisition of White Tundra Petroleum, Operations Update, and Convertible Debt Repayment Terms
CALGARY, Alberta, March 06, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") White Tundra Acquisition Prospera Energy is pleased to announce a strategic acquisition aimed at expanding its asset portfolio of low-decline base production with significant production upside. The Corporation has entered into an agreement to acquire 100% of the issued and outstanding common shares of White Tundra Petroleum (“WTP”). WTP’s assets produce [Read more]
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