BOE Report

Pulse Announces a $10.0 Million Seismic Data Licensing Agreement and Provides Revenue Update

CALGARY, Alberta, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce the signing of a $10.0 million seismic data licensing sales contract for 3D seismic data located in West Central Alberta. Pulse’s data library provides extensive seismic coverage critical for today’s data focused exploration and development companies throughout Western Canada. The Company is also pleased to provide a preliminary update on recent [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 294,208 IPC common shares (ISIN: CA46016U1084) during the period of January 20 to 24, 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 2016/1052 [Read more]

TC Energy to issue fourth quarter 2024 results on Feb. 14

CALGARY, Alberta, Jan. 24, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, Feb. 14, 2025, to discuss its fourth quarter financial results. François Poirier, TC Energy President and Chief Executive Officer, Sean O’Donnell, Executive Vice-President and Chief Financial Officer, and other members of the executive leadership team will discuss the financial results and Company developments at [Read more]

Prospera Energy Inc. Announces Loan Amendment and Shares for Debt Settlement

CALGARY, Alberta, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") Loan Amendment Update The Corporation is pleased to announce the amendment of its $12,200,000 promissory note, originally dated July 7th, 2024, in collaboration with its principal lender. As part of this amendment, an additional $750,000 has been added to the principal balance, increasing the total to $12,950,000 as of January 23rd, 2025. The original [Read more]

Gran Tierra Energy Inc. Reports Robust Reserves Replacement and Record High Reserves

Sixth Consecutive Year of 1P Total Reserves Growth Resulting in Highest Total Reserves in Company History Delivered 702% 1P and 1,249% 2P Reserves Replacement Including Recent Acquisition Total Liquids 1P and 2P Reserves Increased to 128 and 217 Million Barrels of Oil Equivalent with 1P and 2P Reserve Life Index increasing to 10 and 17 Years, Respectively Added Total Reserves of 89 MMBOE 1P, 159 MMBOE 2P and 191 MMBOE 3P Net Present Value Before Tax Discounted at 10% of $2.0 Billion [Read more]

Gran Tierra Energy Inc. Announces 2025 Guidance and Operations Update

2025 Capital Expenditure Budget of $240-280 Million and Expected 2025 Cash Flow1 of $260-300 Million 2025 Capital Program Includes 10-14 Development Wells and 6-8 High Impact Exploration Wells Forecast 2025 Production of 47,000-53,000 BOEPD, Representing at the Midpoint, an Increase of 44% from 2024 Forecast 2025 Free Cash Flow2 of $90 Million Before Exploration, $20 Million After Exploration in Base Case Plan to Allocate Up To 50% of After Exploration Free Cash Flow to Share [Read more]

Shell plc announces changes to the Executive Committee

London, January 23, 2025 − Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities. Wael Sawan, Chief Executive Officer, said: “I am grateful to Huibert for his outstanding contributions to Shell, driving our customer value proposition across a range of businesses and geographies, successfully leading the [Read more]

Birchcliff Energy Ltd. Announces 2025 Budget, Updated Five-Year Outlook and Return to Profitable Growth

CALGARY, Alberta, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2025 budget and guidance and its updated five-year outlook and capital allocation strategy for 2025 to 2029. Chris Carlsen, Birchcliff’s President and Chief Executive Officer, commented: “Our 2024 capital program successfully delivered on our strategy to improve our capital efficiency through enhanced well performance, as well as to reduce our [Read more]

Prospera Announces Monthly Operations Update

CALGARY, Alberta, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") This report continues Prospera’s monthly production updates, ensuring stakeholders receive consistent and timely insights into operational performance and key field developments. All production numbers referenced are sales numbers of the Company at its current working interest, pre-royalties. However, the company continues to receive revenue for JV [Read more]

Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan

CALGARY, Alberta, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company commencing a normal course issuer bid ("Bid"). Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 8,621,348 common shares of the Company ("Common Shares"). The Bid will commence on January 22, 2025, and will terminate on [Read more]