BOE Report

Peyto Reports Second Quarter 2024 Results

CALGARY, Alberta, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating and financial results for the second quarter of 2024. Q2 2024 Highlights: Delivered $154.8 million in funds from operations1,2 ("FFO"), or $0.79/diluted share, generated earnings of $51.4 million, or $0.26/diluted share, and returned $64.4 million of dividends to shareholders. Production volumes averaged 122,299 boe/d (642.8 [Read more]

Pieridae Releases Q2 2024 Financial and Operating Results and Revises 2024 Guidance

CALGARY, Alberta, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its second quarter 2024 financial and operating results. Pieridae produced 30,861 boe/d and generated Net Operating Income (“NOI”)1 of $7.7 million during the second quarter of 2024. Pieridae’s management’s discussion and analysis (“MD&A”) and unaudited interim consolidated financial statements and notes for the quarter ended June 30, 2024 are [Read more]

Crew Energy Inc. announces strategic transaction with Tourmaline Oil Corp.

Transaction provides shareholders with 70% premium per share over the 20-day volume weighted average price (VWAP) Share-for-share acquisition structure affords ownership in Canada’s largest natural gas producer that is delivering both return of capital and growth Crew shareholders maintain exposure to its deep asset inventory and benefit from a potential acceleration of the inherent growth opportunity over the long-term Tourmaline brings scale and the financial capabilities to [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 180,800 IPC common shares (ISIN: CA46016U1084) during the period of August 5 to 9, 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]

Athabasca Oil announces closing of C$200 million unsecured notes offering

CALGARY, Alberta, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (“Athabasca” or the “Company”) (TSX: ATH) announced today that it has closed its previously announced private placement (the “Offering”) of $200 million aggregate principal amount of 6.75% senior unsecured notes due August 9, 2029 (the “Notes”). The net proceeds from the Offering together with cash on hand were used to redeem its US$157 million aggregate principal amount of 9.75% senior secured second lien notes due [Read more]

NuVista Energy Ltd. announces positive second quarter 2024 financial and operating results

CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce strong financial and operating results for the three and six months ended June 30, 2024, and to provide an update on our operational performance. The quality and composition of our asset base has enabled us to consistently deliver strong returns through the natural gas commodity cycles, benefiting from the continued strength in condensate pricing. We continue to [Read more]

Petrus Resources Announces Q2 2024 Results Conference Call

CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce that a conference call to discuss the Company’s second quarter 2024 earnings will be held on August 8, 2024 at 9:00 AM MT (11:00 AM EST). For further details and to access the conference call information, please visit: www.petrusresources.com/events ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic [Read more]

Petrus Resources announces second quarter 2024 financial & operating results

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and six months ended June 30, 2024. Q2 2024 HIGHLIGHTS: Production – Production for the first half of 2024 averaged 9,627 boe/d(1), up from 9,474 boe/d in the fourth quarter of 2023, despite reduced capital investment, scheduled downtime associated with maintenance, and strategic shut-ins due to low [Read more]

Crew Energy announces Q2 2024 results highlighted by a 67% increase in condensate production driving a 55% AFF margin

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2024. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website [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 148,900 IPC common shares (ISIN: CA46016U1084) during the period of July 29 to August 2, 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 [Read more]