BOE Report

Precision Drilling announces renewal of Normal Course Issuer Bid

CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corporation (Precision or the Company) announced today that the Toronto Stock [Read more]

Logan Energy Corp. announces Duvernay land position, accelerated Pouce Coupe development, preliminary 2025 budget, $30 million equity offering and committed credit facilities of $125 million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CALGARY, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce the details of its Duvernay land position, which represents a new play type comprised of highly economic drilling inventory, and the acceleration of full field development at Pouce [Read more]

Freehold Royalties Declares Dividend for September 2024

CALGARY, Alberta, Sept. 12, 2024 (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 October 15, 2024 to shareholders of record on September 30, 2024. 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 6.2 million gross acres in [Read more]

APA Announces Agreement for $950 Million Asset Sale of Non-core Properties in the Permian Basin

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments. The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf and currently represent estimated net production of 21,000 barrels of oil equivalent per day (boe/d), of which approximately 57% is [Read more]

Equity interest purchase agreement update

CALGARY, Alberta, Sept. 10, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is providing an update on its previously announced equity interest purchase transaction with an Indigenous-owned investment partnership (the Purchaser), which was formed to acquire a minority equity interest in the NGTL System and the Foothills Pipeline assets. The previously announced equity interest purchase transaction with the Purchaser has been delayed due [Read more]

PrairieSky Royalty Declares Quarterly Dividend

CALGARY, Alberta, Sept. 09, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on October 15, 2024 to shareholders of record on September 27, 2024.   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 [Read more]

Record date is determined for South Bow spinoff

CALGARY, Alberta, Sept. 09, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the setting of the distribution record date of Sept. 25, 2024 for the previously announced spinoff of TC Energy’s Liquids Pipelines business into South Bow Corporation (South Bow), by way of a plan of arrangement (the Arrangement). Pursuant to the Arrangement, TC Energy shareholders will retain their interest in TC Energy and receive a pro rata [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 181,100 IPC common shares (ISIN: CA46016U1084) during the period of September 2 to 6, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, 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]

Prospera Energy Inc. Announces Increased Working Interest in Core Properties

CALGARY, Alberta, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (PEI: TSX-V; OF6A: FRA) ("Prospera" or the "Corporation") Prospera Energy is pleased to announce a 17% working interest (WI) increase in its core heavy oil assets. As part of this strategic initiative, Prospera Energy has executed agreements with two joint venture partners. Restructured Prospera has elevated its ownership from an average of 35% WI to the current average 95% WI. Acquisition of 7% Working Interest: [Read more]

NuVista Energy Ltd. announces President & CEO retirement and succession

CALGARY, Alberta, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) today announces that Jonathan Wright will retire as Chief Executive Officer of the Company effective December 31, 2024, and Mike Lawford, currently President and Chief Operating Officer, will be appointed as President and Chief Executive Officer and a Director of the Company effective January 1, 2025. The Board is also pleased to announce that Jonathan Wright [Read more]