BOE Report

Baytex announces first quarter 2024 results

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "In the first quarter we safely and efficiently executed the largest exploration and development ("E&D") program in company history and delivered operating and financial results consistent with our full-year guidance. We expect to deliver [Read more]

Baytex announces quarterly dividend for July 2024

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on July 2, 2024 for shareholders of record on June 14, 2024. The U.S. dollar equivalent amount is approximately US$0.0164 per share assuming a foreign exchange rate of 1.37 CAD/US. Payments to shareholders who are not residents of Canada will be net of any [Read more]

Gear Energy Ltd. announces appointment of Scott Robinson as Chair of Board of Directors

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that Scott Robinson has been appointed as the Chair of the Board of Directors (the "Board") of the Company. Mr. Robinson has been a director of the Company since 2019. Mr. Robinson is an independent businessman who from 2019 to 2023 served as the Vice-President, Business Development of Peyto Exploration and Development Corp. ("Peyto") and from 2006 [Read more]

Kelt reports financial and operating results for the three months ended March 31, 2024

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2024. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2024 2023 % Petroleum and natural gas [Read more]

Saturn Oil & Gas announces filing of prospectus supplement

Calgary, Alberta--(Newsfile Corp. - May 8, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that in connection with its previously announced bought-deal subscription receipt financing for aggregate gross proceeds of approximately $100 million (the "Offering"), the Company has filed a prospectus supplement (the "Prospectus Supplement") to its short form base shelf prospectus dated May 19, 2022, as amended pursuant to [Read more]

Journey Energy Inc. enters into a Joint Venture for developing its joint Duvernay lands in the West Shale Basin

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (the "Company" or "Journey") is pleased to announce that it has entered into an agreement with Spartan Delta Corp. ("Spartan") to jointly develop a block of land in the west shale basin of the Duvernay oil and liquids fairway. The Joint Venture (the "JV") block of land covers 128 sections in the oil window of the Duvernay where shale thickness is approximately 30-40 meters. The initial working [Read more]

Pine Cliff Energy Ltd. announces first quarter 2024 results and information regarding the Annual Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its first quarter 2024 financial and operating results, an operational update and information regarding the annual meeting of shareholders. First Quarter 2024 Results Results for the three months ended March 31, 2024 are as follows: Generated $10.5 million of adjusted funds flow1 ($0.03 per basic and fully diluted share) compared to $19.8 million ($0.06 per [Read more]

Suncor Energy reports first quarter 2024 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable June 25, 2024 to shareholders of record at the close of business on June 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum [Read more]

Suncor Energy reports voting results from Annual General Meeting

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 877,654,867 shares (approximately 68.19% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following eleven board members (ten of whom are independent), with shares represented at the meeting voting in favour of individual directors as [Read more]