BOE Report

Precision Drilling extends senior credit facility and provides progress update on 2024 debt repayment and share repurchase targets

CALGARY, Alberta, July 08, 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”) (TSX:PD; NYSE:PDS) is pleased to [Read more]

Devon Energy announces strategic acquisition in the Williston Basin and expands share-repurchase authorization by 67 percent to $5 billion

OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the sellers. The transaction is subject to customary terms and conditions, including various purchase price adjustments, and is expected to close by the end of the third quarter of 2024, [Read more]

Golar LNG signs agreement for 20-year FLNG deployment in Argentina

Golar LNG Ltd. (“Golar”) has entered into definitive agreements with Pan American Energy (“PAE”) for a 20-year deployment of a Floating Liquefied Natural Gas (“FLNG”) vessel in Argentina. The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resources. The project is expected to start LNG exports within 2027, establishing Argentina as an LNG exporter. This strategic venture [Read more]

Shell second quarter 2024 update note

The following is an update to the second quarter 2024 outlook and gives an overview of our current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on August 1, 2024. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for previous quarter historical data. Integrated Gas $ billions Q2’24 [Read more]

Prospera Energy commences 2024 development program

CALGARY, Alberta, July 04, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.BE) Prospera is pleased to announce the 2024 development drilling program commencing in mid-July. The initial focus will be on multi-pad medium-oil infill directional wells based on 2023 positive drilling results. The 2023 capital outlay for the initial medium-oil well is on target to pay out in approximately 7 months demonstrating [Read more]

Calfrac Well Services Ltd. 2024 second quarter earnings release, conference call and webcast

CALGARY, Alberta, July 04, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2024 second quarter results before the market opens on Thursday, August 8, 2024, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. To participate in the conference call please register at the URL link below. Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask [Read more]

PrairieSky Royalty announces conference call for Q2 2024 results

CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- PrairieSky will release its Q2 2024 results on Monday, July 15, 2024 after markets close. The news release detailing PrairieSky's Q2 2024 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR+ at www.sedarplus.com. A conference call to discuss the results will be held for the investment [Read more]

Precision Drilling Corporation 2024 second quarter results conference call and webcast

CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, July 31, 2024. To participate in the conference call please register at the URL link below. Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask [Read more]

Petrus Resources declares monthly dividend for July 2024

CALGARY, Alberta, July 02, 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 July 31, 2024, to shareholders of record on July 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]

Gibson Energy appoints Curtis Philippon as new President and Chief Executive Officer

CALGARY, Alberta, July 02, 2024 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) is pleased to announce today its Board of Directors has unanimously appointed Curtis Philippon as the Company’s new President and Chief Executive Officer, effective August 29, 2024. Mr. Philippon brings over 20 years’ experience in the North American energy sector in increasingly senior roles, including most recently, as Executive Vice President, Superior Plus and President, Certarus. Prior to [Read more]