Calgary, Alberta - TransGlobe Energy Corporation (TSX: TGL) (NASDAQ: TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces changes to the Company's Board of Directors. CHANGES TO THE BOARD OF DIRECTORS Retiring Director As part of the Board succession plan and following the appointment of Ms. Jennifer Kaufield to TransGlobe's Board of Directors in January 2022, Mr. Steven Sinclair chose to retire from the Board effective March 25, 2022. Ms. Kaufield has assumed the role of Audit [Read more]
Suncor Energy names Peter Zebedee as the Executive Vice President of Mining and Upgrading
Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) today announced the appointment of Peter Zebedee as the executive vice president of Mining and Upgrading, effective April 11, 2022. Peter comes to Suncor from LNG Canada where he had been seconded by Shell as the chief executive officer since 2019. Prior to his secondment into the LNG Canada joint venture, Peter's last position with Shell was vice president Canada Manufacturing and general manager Scotford. As the executive vice president, [Read more]
Saturn Oil & Gas Inc. announces successful drilling results at Oxbow asset
Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to provide the preliminary results of its light oil development program at its Oxbow Asset in Southeast Saskatchewan, for wells initiated in November 2021 and completed in January 2022. The Company drilled six horizontal wells targeting the Frobisher formation in the Glen Ewen area of Southeast Saskatchewan, where it achieved a 100% success rate and strong aggregate initial flow rates. [Read more]
Suncor Energy’s Executive Vice President of Mining and Upgrading retiring
Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) today announced that Mike MacSween, the current executive vice president, Mining and Upgrading, is retiring early from Suncor on April 14, 2022. As the executive vice president, Mining and Upgrading, Mike has led all of Suncor's mining and upgrading operations, including Syncrude. He has also overseen Suncor's involvement with the Regional Municipality of Wood Buffalo community. "I would like to thank Mike for his leadership through [Read more]
Leucrotta Exploration announces update on business plan including gas processing and mica battery funding arrangements, expansion of Mica Project into Alberta, and commencement of drilling program
Calgary, Alberta - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") has previously announced a Plan to reach 30,000 boepd within a five-year time frame. The accomplishments outlined below will assist in accelerating the development and provide greater clarity on funding and timeline to achieve those goals: Gas processing arrangement noted below along with currently owned facilities provides Leucrotta with enough gas processing to reach an interim goal of approximately [Read more]
TransGlobe Energy Corporation announces year end 2021 financial and operating results
Calgary, Alberta - TransGlobe Energy Corporation (AIM: TGL) (TSX: TGL) (NASDAQ: TGA) ("TransGlobe" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2021. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Consolidated Financial Statements together with the notes related thereto, as well as TransGlobe's Management's Discussion and Analysis for the years ended December 31, 2021 [Read more]
Leucrotta Exploration announces 2021 year-end reserves
Calgary, Alberta - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce its 2021 year-end reserves as independently evaluated by GLJ Ltd. ("GLJ") effective December 31, 2021 (the "GLJ Report"), in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation ("COGE") Handbook. All dollar figures are Canadian dollars unless otherwise noted. Introduction During 2021, Leucrotta made the strategic decision to sell its [Read more]
Hemisphere Energy grows proved reserve value by 63% to $276 million and proved net asset value to $2.43 per fully diluted share
Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce highlights from its independent reserves evaluation (the "Reserve Report"), prepared by McDaniel & Associates Consultants Ltd. ("McDaniel") and effective as at December 31, 2021. In 2021, Hemisphere invested $12 million in its Atlee Buffalo core area, including drilling seven wells, implementing a polymer flood in the Upper Mannville G oil pool ("G [Read more]
Saturn Oil & Gas Inc. announces fully funded 2022 capital program which underpins 15% production growth and annual guidance highlighted by organic free funds flow that supports 45% reduction in net debt
Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to announce that the Company's Board of Directors has approved a 2022 capital expenditures budget totalling $50 million. "As a result of the strategic acquisition and recently closed, upsized and oversubscribed equity issues, Saturn has increased its 2022 capital expenditure program," stated John Jeffrey, CEO of Saturn. "Equally important, because of the debt consolidation, the Company [Read more]
Kelt reports financial and operating results for the quarter and year ended December 31, 2021
Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2021. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31 Year ended December 31 (CA$ thousands, except as otherwise indicated) 2021 2020 % 2021 2020 % Petroleum and natural gas [Read more]
- « Previous Page
- 1
- …
- 48
- 49
- 50
- 51
- 52
- …
- 77
- Next Page »