Saturn expects to be debt-free in 24 months based on production forecasts, capital budget, hedging levels and current forward pricing Mission is to continue to be an acquirer of accretive assets in Western Canada Acquisition builds on Saturn's existing environmental, social and governance ("ESG") performance, while supplying responsibly-produced ethical Canadian crude oil to service global market demand Calgary, Alberta--(Newsfile Corp. - May 13, 2021) - Saturn Oil & Gas Inc. (TSXV: [Read more]
Canadian Natural Resources Limited reports voting results at annual meeting
Calgary, Alberta - Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual Meeting of the Shareholders on May 6, 2021. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes For Votes Withheld Catherine M. Best 839,152,017 93.95% 54,072,277 6.05% M. Elizabeth [Read more]
Obsidian Energy announces first quarter 2021 results and successful first half development program
Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the first quarter 2021. Three Months Ended March 31 2021 2020 FINANCIAL (millions, except per share amounts) Cash flow from operations 28.1 31.4 Basic per share ($/share) 0.38 0.43 Diluted per share [Read more]
Kelt reports financial and operating results for the three months ended March 31, 2021
Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2021. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2021 2020 % Petroleum and natural gas sales 59,835 70,918 -16 Cash provided by [Read more]
Hemisphere Energy provides an operations update on its Atlee Buffalo polymer project
Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQB: HMENF) ("Hemisphere" or the "Company") is pleased to provide an update on its Upper Mannville G pool polymer project in the Atlee Buffalo area of southeast Alberta. Hemisphere has made significant progress on the construction work at its G pool facility that will allow the Company to convert its currently active waterflood into a polymer flood. Hemisphere is awaiting the delivery of its specialized polymer skid, [Read more]
Canadian Natural Resources Limited announces quarterly dividend
Calgary, Alberta - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.47 (forty-seven cents) per common share. The dividend will be payable on July 5, 2021 to shareholders of record at the close of business on June 18, 2021. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the [Read more]
Canadian Natural Resources Limited announces 2021 first quarter results
Calgary, Alberta - Commenting on the Company's first quarter 2021 results, Tim McKay, President of Canadian Natural stated "The COVID-19 pandemic continues to challenge our everyday living and the way we operate our businesses. With our strong measures in place we have minimized impacts on our operations, but it remains a daily challenge for our field staff to do it safe and do it right. As the global vaccine distribution increases and crude oil demand recovers, especially in the United States, [Read more]
Pine Cliff Energy Ltd. Announces First Quarter 2021 Results
Calgary, Alberta--(Newsfile Corp. - May 5, 2021) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the filing of its first quarter financial and operating results. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three months ended March 31, 2021 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the [Read more]
Cuda Oil and Gas Inc. announces December 31, 2020 year-end financial and operating results
Calgary, Alberta - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operational results for the year ended December 31, 2020. Cuda's audited consolidated financial statements, and management's discussion and analysis for the year ended December 31, 2020 and 2019 are available under the Company's profile on the SEDAR website at www.sedar.com. Significant 2020 Highlights 2020 proved to be another year of significant growth and change for the [Read more]
Topaz Energy Corp. announces the acquisition of Reserve Royalty and provides update to previously announced Charlie Lake royalty acquisition
CALGARY, AB, May 3, 2021 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into a definitive agreement with Reserve Royalty Income Trust ("Reserve Royalty") for the purchase of its subsidiaries which hold all of the Reserve Royalty assets, for approximately $26.0 million, payable through the issuance of 1,794,886 Topaz shares (the "Reserve Royalty Acquisition"). Reserve Royalty Acquisition The Reserve Royalty Acquisition adds a [Read more]
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