BOE Report

Suncor Energy to release second quarter 2024 financial results

Calgary, Alberta--(Newsfile Corp. - July 23, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its second quarter financial results on August 6, 2024 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the second quarter will be held on August 7, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. [Read more]

Baytex Conference Call and Webcast on Second Quarter 2024 Results to be held on July 26, 2024

Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thursday July 25, 2024. A conference call and webcast will be held on Friday July 26, 2024 to discuss the results: Date: Friday July 26, 2024 Time: 9:00 a.m. MST (11:00 a.m. EST) Registration: For Express Access and Calendar booking, visit our website to register [Read more]

Tuktu Resources Ltd. announces completion of farm-in arrangement in Southern Alberta, stock option grant and new Chair of the Board

Calgary, Alberta--(Newsfile Corp. - July 17, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the completion of the farm-in arrangement previously announced on April 17, 2024, the issuance of stock options to Tuktu's directors and officers, and the appointment of Kathleen Dixon as the Chair of the Company's board of directors. Farm-in Agreement Tuktu has executed a definitive agreement with an arms-length private company in respect of the farm-in [Read more]

Hemisphere Energy announces normal course issuer bid renewal

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted the Company's Notice of Intention to renew of its Normal Course Issuer Bid (the "NCIB") to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 8,255,766 common shares ("Common Shares") of the Company, representing approximately 10% [Read more]

Greenfire Resources announces redemption of US$61 million of the company’s US$300 million senior secured notes due 2028

Calgary, Alberta--(Newsfile Corp. - July 10, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the redemption of approximately US$61 million of the Company's US$300 million senior secured notes due 2028 (the "2028 Notes"), payable on July 12, 2024, in accordance with the indenture governing [Read more]

Argo’s May 2024 oil production

Toronto, Ontario--(Newsfile Corp. - July 10, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") May 2024 oil production was a total of 3,375 barrels for the month, averaging 109 barrels per day. Oil prices averaged CDN$79.43 per barrel and Argo's May oil revenue was $268,111 and net operating cash flow was $175,732. May 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Cardinal Energy Ltd. announces Monthly Dividend for July

Calgary, Alberta--(Newsfile Corp. - July 8, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our July dividend of $0.06 per common share will be paid on August 15, 2024 to shareholders of record on July 31, 2024. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and natural gas [Read more]

Kelt will postpone start-up of new natural gas wells to Q4 2024, expects to exit 2024 with production in the 45,000 to 50,000 BOE per day range

Calgary, Alberta--(Newsfile Corp. - July 5, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update and changes to its 2024 guidance. Due to the current higher than average natural gas storage inventories in both the United States and Canada, current natural gas prices have been weak at North American pricing point hubs; especially at AECO and Station 2 where gas prices have dipped below $1.00/GJ. Kelt has elected to defer the start-up of certain [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for July 31, 2024

Calgary, Alberta--(Newsfile Corp. - July 3, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid July 31, 2024, to shareholders of record on July 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a [Read more]

Altima Resources announces delay in filing audited annual financial statements

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announced today that it has not been able to file its audited annual financial statements, management's discussion & analysis, and related certifications in addition to its NI 51-101 Disclosure for Oil & Gas Activities for the fiscal year ended February 29, 2024 on or before June 28, 2024, due to an acquisition that took place (see News Release February 21, 2024) [Read more]