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 137,500 IPC common shares (ISIN: CA46016U1084) during the period of March 18 to 22, 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]

Equinor presents 2023 Integrated annual report

Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes 2023 Integrated annual report, combining financial and sustainability reporting. “In 2023 geopolitical tensions and challenging macroeconomics drove volatility in the energy markets, making access to affordable and sustainable energy less secure. Equinor continues to broaden our portfolio, to deliver the energy needed today, while developing the energy solutions for tomorrow,” says Anders Opedal, President and CEO of Equinor ASA. The report for [Read more]

Pieridae releases Q4 and full year 2023 financial & operating results and 2023 reserves

Successful Refinancing, Strong Exit Production & Cash Flow Supported by Robust Hedging Program CALGARY, Alberta, March 20, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its fourth quarter and full year 2023 financial and operating results and year-end reserves. Pieridae generated Net Operating Income (“NOI”)1 of $131 million and produced 32,772 boe/d (86% natural gas) during 2023. The Company posted Q4 NOI of $25 million [Read more]

International Petroleum Corporation announces results of normal course issuer bid

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 87,600 IPC common shares (ISIN: CA46016U1084) during the period of March 11 to 15, 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]

Peyto Exploration & Development Corp. confirms monthly dividend for April 15, 2024

CALGARY, Alberta, March 15, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to March 2024 of $0.11 per common share is to be paid on April 15, 2024, for shareholders of record on March 31, 2024. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn [Read more]

TC Energy enters agreement to sell Prince Rupert Gas Transmission entities to Nisga’a Nation and Western LNG

Transaction demonstrates TC Energy’s focus on its strategic priorities while facilitating the development of critical energy infrastructure CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into a binding letter agreement with Nisga’a Nation and Western LNG (the Buyers) regarding the purchase and sale of all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the [Read more]

Athabasca Oil announces renewal of normal course issuer bid

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the renewal of the Corporation’s normal course issuer bid (“NCIB”) to purchase up to 55,423,786 common shares during the 12-month period commencing March 18, 2024 and ending March 17, 2025 or such earlier time as the NCIB is completed or terminated at the option of Athabasca. The Company’s current NCIB [Read more]

Prospera Energy Inc. announces a 508% increase in the 2023 proven developed producing (PDP) reserve valuation

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). Prospera Energy Inc. (“PEI”) is pleased to announce a 508% increase to its proven developed producing reserve value of 27MM$, reflecting the success of PEI’s 2023 development program. In addition, the company’s proven plus probable (2P) reserve value increased by over 60MM$ to a total of 133MM$ – largely driven by the [Read more]

Calfrac reports best ever annual net income and full-year adjusted EBITDA of $325 million

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2023. The following press release should be read in conjunction with the management’s discussion and analysis and audited consolidated financial statements and notes thereto as at December 31, 2023. Readers should also refer to the “Forward-looking statements” legal advisory and the [Read more]

Shell publishes Energy Transition Strategy 2024

Shell publishes Energy Transition Strategy 2024 Shell will continue its drive to halve emissions from its operations (Scope 1 and 2) by 2030, compared with 2016 on a net basis. By the end of 2023, Shell had achieved more than 60% of this target. Shell also reduced the net carbon intensity of the energy products it sells by 6.3% compared with 2016, the third consecutive year it hit its target. To help drive the decarbonisation of the transport sector, Shell has set a new ambition to [Read more]