BOE Report

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]

Crescent Point Energy provides update on the impact of the Alberta wildfires

CALGARY, AB, May 8, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) advises that it has temporarily shut in its Kaybob Duvernay production in response to the recent Alberta wildfires. This precautionary measure is being taken by the Company to protect the safety of its staff, the community, environment, and its assets. As a result, approximately 45,000 boe/d of production in the Kaybob Duvernay has been temporarily shut-in with a plan to [Read more]

Vermilion Energy Inc. provides update on the impact of Alberta wildfires

CALGARY, AB, May 8, 2023 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is providing the following update on the impact of the wildfires in Alberta. With the protection and safety of our people and local residents as the utmost priority, Vermilion is closely monitoring the wildfires surrounding our operations in West Central Alberta. We have accounted for all of our employees and contractors in the affected areas to ensure their safety, and have also taken the safe [Read more]

Enbridge announces executive leadership changes

CALGARY, AB, May 8, 2023 /PRNewswire/ - Today, Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced the following executive leadership changes. The Enbridge Board of Directors has appointed Patrick Murray, currently Senior Vice President & Chief Accounting Officer, to succeed Vern Yu as Executive Vice President and Chief Financial Officer effective July 1, 2023. This appointment follows the decision by Mr. Yu, Executive Vice President, Corporate Development, Chief [Read more]