Jane Peverett joins the Board Eira Thomas retires from the Board Calgary, Alberta--(Newsfile Corp. - September 5, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced changes to the company's Board of Directors. Eira Thomas has retired from and Jane Peverett has been appointed to the Board effective September 1, 2023. Ms. Peverett had a successful 25-year career in the energy sector, primarily in the utility space. Before retiring from her executive career, Ms. Peverett was [Read more]
Petrox announces intention to seek approval for proposed share consolidation
Calgary, Alberta--(Newsfile Corp. - September 1, 2023) - Petrox Resources Corp. (TSXV: PTC) (the "Corporation" or "Petrox") announces that it intends to seek approval from its shareholders at the Corporation's upcoming shareholder meeting for a proposed consolidation all of the issued and outstanding Common Shares of the Corporation on an up to five to one (5:1) basis (the "Consolidation"). The Corporation's common shares trade on the TSX Venture Exchange (the "Exchange"). The policies of the [Read more]
Gear Energy Ltd. confirms monthly dividend for September of $0.005 per share
Calgary, Alberta--(Newsfile Corp. - September 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the September 2023 monthly dividend of $0.005 per common share is to be paid on September 29, 2023, to shareholders of record on September 15, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice [Read more]
Resolute Resources Ltd. Corporate Update: Land acquisition, drill program status, acquisition of 3D seismic data and receipt of resource report
Calgary, Alberta--(Newsfile Corp. - August 30, 2023) - Resolute Resources Ltd. (TSXV: RRL) ("RRL" or the "Company") is pleased to announce the following corporate activities: News Dissemination As announced in the August 23, 2023 news release of the Company, the business combination between the Company (formerly, Crossover Acquisitions Corp.) and Resolute Resources Ltd. was completed on August 23, 2023. The shares of the Company will resume trading on the TSX Venture Exchange ("TSXV"), [Read more]
Blacksteel Energy Inc. announces closing of additional tranche of its private placement, change of auditors and application for a management cease trade order
Calgary, Alberta--(Newsfile Corp. - August 28, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that it has completed an additional closing ("Closing") of its private placement financing (the "Offering") and a change of auditors. Change of Auditors: Blacksteel has made the decision to engage Kenway Mack Slusarchuk Stewart LLP for audit services including for the year end of April 30, 2023. Blacksteel looks forward to working with KMSS given their [Read more]
Lycos Energy Inc. announces Q2 2023 financial results, operations update, strategic acquisition and share consolidation
Calgary, Alberta--(Newsfile Corp. - August 24, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Acquisition Agreement") to acquire Wyatt Resources Ltd. ("Wyatt"), a privately-held, heavy oil producer and that the Company will be proceeding with the consolidation (the "Consolidation") of its common shares (the "Lycos Shares") on the basis of eight (8) pre-Consolidation Lycos Shares for each one (1) [Read more]
Hemisphere Energy announces 2023 second quarter results, declares quarterly dividend, and provides operations update
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the three and six months ended June 30, 2023, declares a quarterly dividend payment to shareholders, and provides an operations update. Q2 2023 Highlights Produced an average of 2,883 boe/d for the quarter and 3,026 boe/d for the six months ended June 30, 2023, a 9% increase over the [Read more]
Coelacanth announces Q2 2023 financial and operating results
Calgary, Alberta--(Newsfile Corp. - August 24, 2023) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2023. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Received regulatory approval to drill and complete up to 14 wells on its 5-19 pad at Two Rivers East. Drilling of the first 5-well pad is expected to commence in Q3 2023. Drilled [Read more]
Gear Energy Ltd. announces July monthly update to shareholders
Calgary, Alberta--(Newsfile Corp. - August 21, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new July 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To [Read more]
Obsidian Energy completes offer to purchase $5.0 million of its outstanding senior unsecured notes
Calgary, Alberta--(Newsfile Corp. - August 17, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of its previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $5.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes"). The Offer expired on August 14, 2023, and was made on the terms and subject to the conditions set forth in [Read more]
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