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Prairie Provident Announces Closing of Initial Tranche of Private Placement for $4.8 Million to Advance Basal Quartz Horizontal Drilling Program

February 20, 20257:10 AM Globe Newswire

Prairie Provident Resources

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce the closing of the first tranche of its recently announced equity financing, for $4,800,000 in gross proceeds from its principal and largest shareholder, PCEP Canadian Holdco, LLC ("PCEP") upon the issue of 112,941,176 common shares ("Common Shares") at a price of $0.0425 per Common Share (the "First Tranche Closing"). The First Tranche [Read more]

Prairie Provident Resources

Cenovus Announces Fourth-Quarter and Full-Year 2024 Results

February 20, 20254:00 AM Globe Newswire

Cenovus Energy

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from operating activities, $1.6 billion of adjusted funds flow and $123 million of free funds flow. The Upstream business continued to deliver strong performance, with production of 816,000 barrels of oil equivalent per day (BOE/d)1 in the quarter, [Read more]

Cenovus Husky Energy Trans Mountain Pipeline

Pulse Seismic Inc. Receives TSX Approval for Normal Course Issuer Bid and Enters Into Automatic Share Purchase Plan

February 19, 20253:21 PM Globe Newswire

CALGARY, Alberta, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) announces that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s Notice of Intention to enter a normal course issuer bid (“NCIB”). The NCIB allows Pulse to purchase up to 2,770,658 common shares (representing 10 percent of the public float of 27,706,584 common shares as at February 17, 2025). All shares will be purchased through the facilities of the TSX [Read more]

PHX Energy Announces Leadership Succession

February 18, 20255:24 PM Globe Newswire

CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) -- PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (TSX: PHX) today announced that John Hooks, the Corporation’s founder and current Chief Executive Officer (“CEO”) will be transitioning to Executive Board Chair effective March 1, 2025, and its Board of Directors (the “Board”) has appointed, Michael Buker, currently the Corporation’s President, as his CEO successor. In addition to assuming the role of President and CEO, Mr. Buker is [Read more]

Prospera Energy Inc. Announces Leadership Changes

February 18, 20255:02 PM Globe Newswire

Prospera Energy

CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSXV: PEI, OTC: GXRFF) ("Prospera," "PEI," or the "Corporation") announces that the company’s Chief Executive Officer, Samuel David, is no longer employed with the company, effective immediately. Mr. David resigned from the Board of Directors, effective November 18, 2024. The Board, consisting of Brian McConnell, Mark Lacey, Matthew Kenna, and Executive Chairman Shubham Garg will lead the company’s strategic vision and [Read more]

Prospera Energy

Gran Tierra Energy Inc. Provides Release Date for its 2024 Fourth Quarter & Year End Results and Details of Conference Call and Webcast

February 18, 20253:05 PM Globe Newswire

CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) announces that the Company will release its 2024 fourth quarter and year ended December 31, 2024, financial and operating results on Monday, February 24, 2025, before market open. Gran Tierra will host its conference call on the same day, Monday, February 24, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time and 4:00 p.m. Greenwich Mean [Read more]

Gibson Energy Reports 2024 Fourth Quarter and Record Full Year Results Driven by All-Time High Volumes at the Gateway and Edmonton Terminals, Alongside a 5% Dividend Increase

February 18, 20252:05 PM Globe Newswire

Gibson Energy

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and twelve months ended December 31, 2024. “We are pleased to announce record Infrastructure results for 2024, driven by a full year of contribution from Gateway," said Curtis Philippon, President & Chief Executive Officer. "Exiting the year, [Read more]

Gibson Energy

Diamondback Energy, Inc. Announces Midland Basin Acquisition

February 18, 20254:00 AM Globe Newswire

MIDLAND, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”) in exchange for approximately 6.9 million shares of Diamondback common stock and $3 billion of cash, subject to customary adjustments (the “Double Eagle Acquisition”). The cash portion of this transaction is expected to be [Read more]

Hydraulic Fracturing

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

February 17, 20252:00 AM Globe Newswire

International Petroleum Corporation

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 313,424 IPC common shares (ISIN: CA46016U1084) during the period of February 10 to 14, 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 Delegated Regulation (EU) No [Read more]

International Petroleum Corporation

Peyto Exploration & Development Corp. Confirms Monthly Dividend for March 14, 2025

February 14, 20253:00 PM Globe Newswire

Peyto Exploration

CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to February 2025 of $0.11 per common share is to be paid on March 14, 2025, for shareholders of record on February 28, 2025. 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]

Peyto Exploration

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