BOE Report

Prospera Energy Inc. exceeds 2023 year-end target with 2,200 Boepd capability leading to robust 2024 development outlook

CALGARY, Alberta, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). 2023 was a highly successful year for the restructured Prospera Energy Inc. PEI drilled, completed and tied-in nine horizontal wells in heavy oil reservoir with initial production rates exceeding expectations at 100+bpd per well. The ninth well was rig released on December 24th and was brought online on December 28th. In [Read more]

Petrus Resources announces monthly activity update

CALGARY, Alberta, Jan. 04, 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]

Precision Drilling Corporation 2023 fourth quarter and year-end results conference call and webcast

CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 fourth quarter and year-end results before the market opens on Tuesday, February 6, 2024, and has scheduled a conference call to begin at 12:00 noon MT (2:00 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]

Razor Energy Corp. confirms continued production impact

CALGARY, Alberta, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor”) (TSXV: RZE) advises that, as a result of ongoing disputes with the operator of the Judy Creek Gas Plant, the operator continues to restrict access and will not process Razor’s Swan Hills natural gas production. As indicated in Razor’s press release on December 27, 2023, effective December 24th, 2023, a significant portion of Razor’s production was shut-in indefinitely. Management continues to estimate that [Read more]

International Petroleum Corporation announces results of Normal Course Issuer Bid and updated share capital

TORONTO, Dec. 29, 2023 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 512,400 IPC common shares (ISIN: CA46016U1084) during the period of December 18 to 29, 2023 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]

Razor Energy Corp. provides update and production impact

CALGARY, Alberta, Dec. 27, 2023 (GLOBE NEWSWIRE) --  Razor Energy Corp. ("Razor”) (TSXV: RZE) advises that, as a result of financial disputes with the operator of the Judy Creek Gas Plant, the operator has restricted access and has ceased processing Razor’s Swan Hills natural gas production. Effective December 24th, 2023, a significant portion of Razor’s production has been shut-in indefinitely. At this time management estimates approximately 1,110 boepd, including 626 bblpd of light oil and [Read more]

Athabasca Oil announces creation of “Duvernay Energy Corporation” with Cenovus Energy to accelerate value in the prolific Kaybob Duvernay Play

Athabasca and Cenovus combine Kaybob assets to create pure-play Duvernay entity Exposure to ~200,000 gross acres including a newly operated 100% WI position of ~46,000 acres Leverages significant prior de-risking activity to date on Athabasca’s Duvernay assets Debt-free entity seeded with $40 million cash and a $50 million credit facility Production of ~2,000 boe/d with a self-funded development plan to ~25,000 boe/d (~75% Liquids) Athabasca Thermal Oil budget & Return of [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 390,864 IPC common shares (ISIN: CA46016U1084) during the period of December 11 to 15, 2023 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]

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

CALGARY, Alberta, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to December 2023 of $0.11 per common share is to be paid on January 15, 2024, for shareholders of record on December 31, 2023. 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 [Read more]

Prairie Provident announces addition to Board of Directors

CALGARY, Alberta, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) is pleased to announce the appointment of Mr. Ryan Rawlyk to the Board of Directors effective January 1, 2024. Its appointment coincides with the previous announcement appointing Mr. Rawlyk as the President & CEO effective January 1, 2024. ABOUT PRAIRIE PROVIDENT: Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and [Read more]