BOE Report

Athabasca Oil announces closing of “Duvernay Energy Corporation” with Cenovus Energy and provides updated 2024 guidance

CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce it has closed its previously announced transaction agreements (“Transaction”) to create Duvernay Energy Corporation (“Duvernay Energy”) with Cenovus Energy Inc. (“Cenovus”). Transaction Overview Duvernay Energy is a privately held subsidiary of Athabasca. Athabasca and Cenovus have contributed assets into Duvernay Energy combining Athabasca's [Read more]

Questerre appoints Jauvonne Kitto to the Board

CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that Ms. Jauvonne Kitto has joined the Board of Directors of Questerre. Ms. Kitto has over 25 years’ experience with First Nations in Canada focusing on executive management, corporate governance, and advocacy. She has been the lead negotiator for numerous major Indigenous rights agreements and related energy and infrastructure projects. She is a [Read more]

Precision Drilling reports 2023 fourth quarter and year-end unaudited financial results

CALGARY, Alberta, Feb. 06, 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. This news release contains references to certain Financial Measures and Ratios, including Adjusted [Read more]

International Petroleum Corporation announces 2023 year-end financial and operational results and 2024 budget, reserves and guidance

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months and year ended December 31, 2023. IPC is also pleased to announce its 2024 budget, including that IPC continues to progress the development of the Blackrod Phase 1 project in Canada in line with schedule and budget. IPC also confirms its intention to complete the previously [Read more]

Questerre updates next steps following ruling on Bill 21

CALGARY, Alberta, Feb. 01, 2024 (GLOBE NEWSWIRE) -- In response to shareholder inquiries, Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) provided an update on upcoming events following the ruling by the Qubec Superior Court (Civil Division) last week on the Company’s application to stay key provisions of the Act ending exploration for petroleum and underground reservoirs and production of petroleum and brine (the “Act”), for the duration of the judicial proceedings. [Read more]

International Petroleum Corporation to release 2023 year-end financial and operational results and to hold Capital Markets Day on February 6, 2024

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three months and year ended December 31, 2023, on Tuesday, February 6, 2024 at 07:30 CET, followed by a live audiocast at 10:00 CET (09:00 GMT). IPC’s annual Capital Markets Day will also be held on Tuesday, February 6, 2024 as a live webcast at 15:00 CET (14:00 GMT). Follow [Read more]

Shell announces commencement of a share buyback programme

Shell plc Shell announces commencement of a share buyback programme February 1, 2024 Shell plc (the ‘Company’) today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme’). The purpose of the programme is to reduce the issued share capital of the Company. All shares repurchased as part of the programme will be cancelled. It is intended that, subject to market conditions, the programme will [Read more]

Shell plc fourth quarter 2023 interim dividend

London, February 1, 2024 − The Board of Shell plc (the “Company”) today announced an interim dividend in respect of the fourth quarter of 2023 of US$ 0.344 per ordinary share. Details relating to the fourth quarter 2023 interim dividend Per ordinary share Q4 2023 Shell Shares (US$) 0.344 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding their ordinary shares [Read more]

Shell plc publishes fourth quarter 2023 press release

London, February 1, 2024 "Shell delivered another quarter of strong performance, concluding a year in which we made good progress across the targets outlined at our Capital Markets Day1. As we enter 2024 we are continuing to simplify our organisation with a focus on delivering more value with less emissions. In 2023, Shell returned $23 billion to shareholders. In line with our progressive dividend policy, Shell is now increasing its dividend by 4%. We are also commencing a $3.5 billion [Read more]

Pieridae Energy announces executive appointments and 2023 exit production

CALGARY, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce changes to its executive leadership team (“ELT”) focused on improving execution of the Company’s strategic objectives, cost reduction initiatives and sustainability. Following recent appointments, Pieridae’s ELT, reporting to Darcy Reding, President and Chief Executive Officer, is comprised of: John Emery, Chief Operating Officer Responsible for [Read more]