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 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]

Petrus Resources declares monthly dividend for September 2024

CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable September 30, 2024, to shareholders of record on September 17, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic [Read more]

Baker Hughes announces leadership changes to continue strategic growth and customer success  

Amerino Gatti appointed as executive vice president of Oilfield Services & Equipment (OFSE) business segment Maria Claudia Borras appointed as chief growth & experience officer Muzzamil Khider Ahmed appointed as chief people & culture officer HOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) announced Tuesday several changes to its leadership team, effective by Oct. 1. These changes are designed to [Read more]

Prairie Provident Announces Interim Extension of Senior Credit Facility

CALGARY, Alberta, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) announces an extension to the maturity date of its senior secured credit facility (the "First Lien Loan") until September 20, 2024 as well as the deferral of all interest payment obligations thereunder. The Company and its lender are actively engaged in discussions on a further extension of the First Lien Loan. ABOUT PRAIRIE PROVIDENT Prairie Provident is a [Read more]

International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 138,900 IPC common shares (ISIN: CA46016U1084) during the period of August 26 to 30, 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 [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]

Parex Resources announces operational and guidance update, and Chief Financial Officer transition

CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its current operations, corporate guidance, outlook, and announces Sanjay Bishnoi’s departure as Chief Financial Officer (“CFO”) to pursue another opportunity. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Guidance Update Primarily Based on Arauca Underperformance – Return of Capital Focus Unchanged Regular Dividend [Read more]

TC Energy announces South Bow’s closing of $7.9 billion notes offering for liquids pipelines spinoff

CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that South Bow Corporation (South Bow) has closed a notes offering of approximately $7.9 billion Canadian-dollar equivalent in aggregate principal amount (the Notes Offering) related to the spinoff of TC Energy's Liquids Pipelines business (the spinoff Transaction). Establishing the independent, investment-grade debt capital structure was met with strong market [Read more]