BOE Report

Shell plc publishes first quarter 2026 press release

London, May 7, 2026 "Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets. The safety of our people remains our priority as we work closely with governments and customers to address their energy needs. Last week we announced the acquisition of ARC Resources, accelerating our strategy by adding complementary, high-quality, low-cost liquids and gas assets that we believe will deliver [Read more]

Athabasca Oil Reports Strong 2026 First Quarter Results and Increased Cash Flow Outlook

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) first quarter results demonstrate continued execution across its funded growth portfolio, with its Leismer expansion on track, strong Duvernay performance, and a balance sheet positioned to support disciplined capital allocation. In the current constructive oil price environment, the Company is well positioned to capture higher cash flow through its liquids-weighted asset base [Read more]

Cenovus reports voting results of annual meeting of shareholders

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 6, 2026. Each matter voted on is described in greater detail in the Corporation’s 2026 Management Information Circular dated March 10, 2026. Shareholders voted as follows on the matters before the meeting: Appointment of Auditor: PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the Corporation. Votes [Read more]

Petrus Resources Announces First Quarter 2026 Financial and Operating Results

CALGARY, Alberta, May 06, 2026 (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 months ended March 31, 2026. Q1 2026 HIGHLIGHTS: Completed Oil-weighted Acquisition - Closed the acquisition of long-life, oil-weighted Cardium assets in the Harmattan area of Central Alberta. The acquisition added approximately 2,000 boe/d(4) of production and increased the liquids weighting of the [Read more]

International Petroleum Corporation Announces 2026 Annual General Meeting Voting Results

TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2026 Annual General Meeting of Shareholders held on May 6, 2026 in Calgary, Alberta.  Number of Directors The number of Directors of the Corporation was set at eight. Votes For % For Votes Against % Against 61,039,794 99.96 26,566 0.04 Election of [Read more]

Cenovus announces first-quarter 2026 results

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2026 financial and operating results. In the quarter, the company generated approximately $3.4 billion of adjusted funds flow and $2.2 billion of free funds flow. Operating results in the quarter included Upstream production of 972,100 barrels of oil equivalent per day (BOE/d)1 and Downstream crude throughput of 458,500 barrels per day (bbls/d), representing an overall [Read more]

Gibson Energy Announces Voting Results for Election of Board of Directors

CALGARY, Alberta, May 05, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today the voting results for the election of directors at the Company’s hybrid annual meeting of shareholders held on May 5, 2026. Voting Results Name of Nominee Votes For (%) For Votes Withheld (%) Withheld James M. Estey 111,570,187 94.91% 5,989,615 5.09% Douglas P. Bloom 112,271,131 95.50% 5,288,671 4.50% Judy E. [Read more]

Plains All American Pipeline and Plains GP Holdings Provide Update on the NGL Sale Process

HOUSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) today provided an update on the expected timing for completion of the Canadian NGL business divestiture to Keyera Corp (“Keyera”). PAA and certain of its affiliates have received a filing from the Canadian Competition Bureau challenging the proposed transaction. This filing and the associated proceeding do not enjoin, prohibit, make illegal [Read more]

International Petroleum Corporation Announces First Quarter 2026 Financial and Operational Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2026.  William Lundin, IPC's President and Chief Executive Officer, comments: “We have seen substantial increases in international commodity prices through March 2026 and into the second quarter, mainly as a result of the conflicts in the Middle East. IPC [Read more]

Parex Resources Provides Update on the Acquisition of Frontera E&P

CALGARY, Alberta, May 04, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to provide an update on the previously announced Frontera acquisition, pursuant to which Parex would acquire 100% of Frontera Petroleum International Holdings B.V. (“Frontera E&P”), for upfront cash consideration of US$500 million, the assumption of US$225 million of net debt, and a contingent payment of US$25 million (the “Transaction”). On April 30, 2026, a Special [Read more]