BOE Report

TC Energy announces sale of Portland Natural Gas Transmission System

Generates pre-tax cash equity proceeds of approximately $740 million (US$545 million) net to TC Energy Transaction implies a valuation multiple of approximately 11.0 times 2023 comparable EBITDA1 Progresses toward $3 billion asset divestiture and 4.75 times debt-to-EBITDA2 targets in 2024 CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) and its partner Northern New England Investment Company, Inc., a [Read more]

International Petroleum Corporation announces results of normal course issuer bid

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 138,498 IPC common shares (ISIN: CA46016U1084) during the period of February 26 to March 1, 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, Feb. 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]

Petrus Resources Declares Monthly Dividend for March 2024

CALGARY, Alberta, Feb. 29, 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 March 28, 2024, to shareholders of record on March 15, 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]

Athabasca Oil announces 2023 year-end results & reserves and plans to renew annual share buyback program

CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its audited 2023 year-end results and reserves. Athabasca provides investors unique positioning to top tier liquids weighted assets (Thermal Oil and Duvernay) with a capital allocation framework aimed at maximizing cash flow per share growth and returning capital to shareholders. Year-end 2023 Corporate Results Production: Average production of [Read more]

NuVista Energy Ltd. announces record year end 2023 reserves, financial and operating results

CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) is pleased to announce record-setting reserves and strong financial and operating results for the three months and year ended December 31, 2023. The results of our 2023 program underscore the quality and predictability of our asset base, and the ability of our team to generate robust returns, maintain capital discipline, and return capital to our shareholders. These achievements are [Read more]

Freehold Royalties announces fourth quarter and full year 2023 results, reserves and guidance for 2024

CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces fourth quarter and year-end results for the period ended December 31, 2023. President’s Message Freehold showcased the strength of our unique North American portfolio in 2023, with exposure to a stable production base in Canada, and growing oil weighted volumes in the U.S. Over the last four years we have structurally improved our business through exposure to the top-tier [Read more]

Cenovus to webcast Investor Day 2024

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will hold its 2024 Investor Day in Toronto on Tuesday, March 5, 2024, at 8:30 a.m. ET (6:30 a.m. MT). Members of Cenovus’s Leadership Team will provide an update on the company’s strategy, outlook and operations to invited institutional investors and analysts. To accommodate a broader audience, the presentation will be webcast. The webcast and presentation will be available at cenovus.com by [Read more]

Calfrac Well Services Ltd. 2023 fourth quarter earnings release, conference call and webcast

CALGARY, Alberta, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2023 fourth quarter results before the market opens on Thursday, March 14, 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]

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 285,600 IPC common shares (ISIN: CA46016U1084) during the period of February 19 to 23, 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]