BOE Report

Whitecap Resources Inc. provides update on impact of the Alberta wildfires

CALGARY, AB, May 17, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) advises that wildfires in Alberta have continued to impact operations in northern Alberta and in northeast British Columbia. The safety and health of our employees and contractors continues to be our top priority and there has been no significant damage to Whitecap's infrastructure or safety incidents at this time. Whitecap along with our employees will be financially supporting the Canadian Red [Read more]

Whitecap Resources Inc. announces results of shareholders’ meeting, TSX approval for renewal of normal course issuer bid and confirms monthly dividend for May of $0.0483 per share

CALGARY, AB, May 17, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 263,085,415 common shares representing 43.63% of Whitecap's issued and outstanding common shares were voted in connection with the meeting. At the meeting, by ordinary resolution, the number of directors to be elected at the meeting was fixed at ten. [Read more]

Crescent Point Energy provides further update on Alberta wildfires

CALGARY, AB, May 16, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) advises that it has shut-in its Kaybob Duvernay production due to the ongoing Alberta wildfires. A portion of this production was recently reactivated in the prior week, however Crescent Point is temporarily shutting back-in the remainder of its 45,000 boe/d of production in the area as a precautionary measure due to changing wildfire conditions. No damage has been [Read more]

Vermilion Energy Inc. provides update on the production impact from Alberta wildfires

CALGARY, AB, May 15, 2023 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) is pleased to report that it has restored approximately 60% of the 30,000 boe/d of production that was temporarily shut-in as a result of the wildfires in West Central Alberta. We have inspected all of our key assets and confirm that there was no major damage to our facilities or well sites, and we will bring the remaining curtailed production back online as soon as [Read more]

Crescent Point announces Q1 2023 results

CALGARY, AB, May 12, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2023.   KEY HIGHLIGHTS Closed the strategic acquisition of Alberta Montney assets, which includes 38,000 boe/d and over 20 years of premium inventory. Generated $153.4 million of excess cash flow in first quarter, driven by the Company's high netback asset [Read more]

Crescent Point confirms quarterly dividend

CALGARY, AB, May 12, 2023  /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash dividend of CDN $0.10 per share to be paid on July 4, 2023 for shareholders of record on June 15, 2023.   These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." FOR MORE INFORMATION [Read more]

Crescent Point closes strategic Montney acquisition and provides update on the impact of the Alberta wildfires

CALGARY, AB, May 10, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has successfully closed its previously announced strategic and accretive acquisition of oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash (the "Transaction" or "Acquisition"). This Acquisition aligns with Crescent Point's long-term strategy and enhances the Company's portfolio by adding 600 high-return Montney [Read more]

Ovintiv reports first quarter 2023 financial and operating results

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced its first quarter 2023 financial and operating results. The Company plans to hold a conference call and webcast at 9:00 a.m. MT (11:00 a.m. ET) on May 10, 2023. Please see dial-in details within this release, as well as additional details on the Company's website at www.ovintiv.com under Presentations and Events – Ovintiv. "Picking up where we left off in the fourth quarter, our first quarter [Read more]

Ovintiv announces results of annual meeting

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that the following matters, as further described in the Company's Proxy Statement filed on March 23, 2023 (the "Proxy Statement"), were voted upon at its 2023 Annual Meeting of Shareholders held on May 3, 2023. Election of Director Nominees Listed in the Proxy Statement Each director nominee listed in the Proxy Statement was elected as a director of the Company.  The results of the vote by ballot were as [Read more]

Whitecap Resources Inc. provides preliminary update on impact of the Alberta wildfires

CALGARY, AB, May 8, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) advises that the Alberta wildfires have impacted its operations in northern Alberta and in northeast British Columbia. The safety and health of our employees and consultants is our top priority and all of our impacted personnel have been safely evacuated. There are no significant damages to Whitecap's infrastructure at this time, however, production has been impacted by downstream third-party [Read more]