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, 2020. 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) 2020 2019 % 2020 2019 % Petroleum and natural gas [Read more]
Pine Cliff Energy Ltd. announces annual 2020 results and filing of 2020 disclosure documents
Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce its year-end financial and operating results and the filing of its 2020 disclosure documents. Included in the filings were Pine Cliff's annual information form ("AIF"), which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities and its consolidated financial [Read more]
Canadian Natural Resources Limited announces normal course issuer bid
Calgary, Alberta - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX") or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during [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 April 5, 2021 to shareholders of record at the close of business on March 19, 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 [Read more]
Canadian Natural Resources Limited announces 2020 fourth quarter and year end results
Calgary, Alberta - Commenting on the Company's 2020 results, Tim McKay, President of Canadian Natural (TSX: CNQ) (NYSE: CNQ) stated "The impact of the COVID-19 pandemic effected the very way we conducted our lives and the way we operated our businesses. Through the year we took protocols to protect our stakeholders and would like to thank our employees, contractors, suppliers and shareholders for their support through this challenging year. Despite the challenges of COVID-19 in 2020, the [Read more]
Briko Energy announces its 2020 year-end reserves and corporate update
Calgary, Alberta - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to announce its 2020 year-end reserves and corporate update. 2020 Reserve Highlights Proved ("1P") reserves of 2.3 million barrels of oil equivalent ("BOE") at December 31, 2020 compared to 2.4 million BOE at December 31, 2019; 1P net present value of $14.5 million ($1.29 per share) at a 10% discount rate at December 31, 2020; Proved plus probable ("2P") reserves of 3.0 million BOE at December 31, 2020 [Read more]
Leucrotta Exploration announces board change
Calgary, Alberta - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") announces that Kelvin Johnston has made the decision to resign from the Board of Directors due to an increased commitment that has arisen with respect to Mr. Johnston's other business interests. Leucrotta would like to express its gratitude to Mr. Johnston for his contributions to the Company over his 6 year tenure and wishes him well in his future endeavours. [Read more]
Kelt provides results of its oil & gas reserves evaluation effective December 31, 2020
Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to report on its oil & gas reserves and production for the year ended December 31, 2020. Kelt retained Sproule Associates Limited ("Sproule"), an independent qualified reserve evaluator to prepare a report on its oil and gas reserves. The report is effective as of December 31, 2020. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the [Read more]
Obsidian Energy announces extension to our syndicated credit facility and provides hedging update
Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an extension of our syndicated credit facility to March 31, 2021 and provides a hedging update. CREDIT FACILITY EXTENSION The Company has entered into an agreement with lenders to extend our syndicated credit facility to March 31, 2021. The syndicated credit facility has an underlying borrowing base of $550 million with $450 million available to be drawn; both [Read more]
Sahara Energy Ltd. Provides Information Respecting Change of Business
Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - On January 25, 2021 Sahara Energy Ltd. (TSXV: SAH) (the "Company" or "Sahara") announced that its Board of Directors had approved a "change of business" pursuant to the policies of the TSX Venture Exchange (the "TSX-V"). The Transactions (as defined below) as contemplated by Sahara, will change Sahara's industry sector of operations under the policies of the TSX-V from "oi & gas" to a hybrid of "real estate" and [Read more]
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