BOE Report

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]

International Petroleum Corporation Announces Results of Normal Course Issuer Bid

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 434,560 IPC common shares (ISIN: CA46016U1084) during the period of January 13 to 17, 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]

Gibson Energy Confirms 2024 Fourth Quarter & Year-End Earnings Release Date and Provides Conference Call & Webcast Details

CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) announced today that it expects to release its 2024 fourth quarter and year-end financial and operating results on Tuesday, February 18, 2025, after the close of North American markets. The 2024 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR+ at [Read more]

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

CALGARY, Alberta, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to January 2025 of $0.11 per common share is to be paid on February 14, 2025, for shareholders of record on January 31, 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]

Freehold Royalties Declares Dividend for January 2025

CALGARY, Alberta, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on February 18, 2025 to shareholders of record on January 31, 2025. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada [Read more]

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]