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 258,360 IPC common shares (ISIN: CA46016U1084) during the period of December 16 to 20, 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 [Read more]

Trio to acquire producing oil and gas assets in prolific heavy oil region of Saskatchewan Canada

Bakersfield, CA, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has entered into a non-binding Letter of Intent (“LOI”) for the acquisition of a 100% working interest in certain petroleum and natural gas properties held by Novacor Exploration Ltd. (“Novacor”), which are located in the prolific Lloydminster, Saskatchewan heavy oil region (the “Acquisition”). In the [Read more]

Prairie Provident Resources Provides Basal Quartz Drilling Update

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to provide an update on its first two Basal Quartz wells in the Michichi area of Central Alberta. Prairie Provident spud the first Basal Quartz horizontal well, 102/03-19-030-18W4, on October 15, 2024. Following the nine-day drilling operation, the well was fracture stimulated and brought on-stream through production test facilities, with produced [Read more]

PrairieSky Announces Amendment and Extension of Credit Facility

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce the amendment and extension of its unsecured, covenant-based revolving credit facility and operating credit facility (together, the "Credit Facility"), with a syndicate of Canadian banks. PrairieSky has voluntarily decreased the Credit Facility from $725 million to $350 million. The reduced Credit Facility is aligned with PrairieSky’s long-term strategy [Read more]

Cardinal Energy Ltd. Announces $50 Million Bought Deal Offering of Senior Subordinated Unsecured Debentures and Common Share Purchase Warrants

The base shelf prospectus is accessible, and the prospectus supplement and any amendment to the foregoing documents will be accessible within two business days, on SEDAR+ CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by CIBC Capital Markets pursuant to which the Underwriters have agreed to purchase for resale [Read more]

NuVista Energy Ltd. Advises of Impact of Unscheduled Third-Party Downtime

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX:NVA, "NVA" or the "Corporation") advises that it temporarily curtailed production in the greater Wapiti area due to unscheduled maintenance at a third-party gas plant impacting December production volumes. Prior to this temporary impact, NuVista’s production was in line with fourth quarter guidance, averaging over 90,000 Boe/d in both October and November. Due to the impact of this downtime, NuVista has revised its [Read more]

Prospera Announces Monthly Operations Update and Increase to Term Loan

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation") Loan Amendment Update The Corporation announces that it has amended its $11,000,000 promissory note, originally dated July 7, 2024, in collaboration with its principal lender. The principal balance, which was previously increased by $500,000 to $11,500,000, has now been further increased by an additional $700,000, bringing the total principal amount to [Read more]

Enerflex Ltd. Announces Retirement of Directors

CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announced the upcoming retirement of W. Byron Dunn and Michael A. Weill from its Board of Directors, effective January 1, 2025, pursuant to the term limits set in the Company’s Board Retirement Policy. Kevin Reinhart, Enerflex’s Board Chair, commented, “The Board, Management, and the over 4,600 employees of Enerflex would like to extend gratitude to Byron and Mike for [Read more]

Gran Tierra Energy Inc. Announces Closing of Strategic Joint Venture Transaction and Partnership with Logan Energy Corp. to Accelerate Value in High-Impact Canadian Montney Oil Play

CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that Gran Tierra (by way of its wholly-owned subsidiary) has completed its previously announced strategic joint venture transaction and partnership (the “Transaction”) with Logan Energy Corp. (“Logan”) (TSXV:LGN). Pursuant to the Transaction, Gran Tierra and Logan entered into a purchase and sale agreement whereby Logan acquired [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 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]