BOE Report

Vermilion Energy Inc. Announces 2021 Budget

CALGARY, AB, Jan. 18, 2021 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to announce its 2021 exploration and development ("E&D") capital budget and associated production guidance. Highlights E&D capital budget of $300 million is a balanced and disciplined budget focused on maximizing returns and free cash flow ("FCF")(1) to facilitate debt reduction. Annual average production guidance of 83,000 to 85,000 [Read more]

Pipestone virtually opens the market

TORONTO - Paul Wanklyn, President and Chief Executive Officer, Pipestone Energy Corp. ("Pipestone" or the "Company") (TSX: PIPE) and his team joined Berk Sumen, Head, Company Services, TMX Group, to celebrate the Company's graduation from TSX Venture Exchange to Toronto Stock Exchange and open the market. Pipestone is an oil and gas exploration and production company focused on developing its large contiguous and condensate-rich Montney asset base in the Pipestone area near Grande Prairie. [Read more]

EOG Resources schedules conference call and webcast of fourth quarter and full year 2020 results for February 26, 2021

HOUSTON, Jan. 12, 2021 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2020 results on Friday, February 26, 2021, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year. If you have any questions, please contact [Read more]

Precision Pipeline LLC selected by TC Energy to help construct Keystone XL

EAU CLAIRE, Wis. - Precision Pipeline, LLC, (PPL) a MasTec, Inc. (NYSE:MTZ), company, has been awarded a contract from TC Energy Corporation ("TC Energy") for the construction of the Keystone XL Pipeline in Montana and South Dakota. "We are extremely proud to put PPL employees and more than 1,600 American union members to work on completing this important infrastructure project, which will also provide a boost to local economies along the project route," says Bobby Poteete, President of PPL. [Read more]

EOG Resources promotes Ezra Yacob to President

HOUSTON, Jan. 4, 2021 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and Production responsible for EOG's Fort Worth, Artesia and International operating areas. "Ezra Yacob has consistently demonstrated exceptional technical, operational and leadership skills throughout his career at EOG," said [Read more]

Obsidian Energy announces important amendments to its offer to purchase the shares of Bonterra Energy Corp.

Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. CALGARY, AB - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced that the Company has extended its offer (the "Offer") to purchase all of the issued and outstanding [Read more]

Shell Canada announces retirement of President and Country Chair Michael Crothers and appointment of Susannah Pierce as successor

CALGARY, AB - Following a 33-year career with Shell, Shell Canada President and Country Chair Michael Crothers has announced he will retire from the company in 2021. Crothers will be succeeded by Susannah Pierce, currently Director of Corporate Affairs, LNG Canada, and a Shell secondee. Both will remain in their current roles until the transition takes place. "I am grateful to have had a long and rewarding career with a company that aligns with my values, working alongside exceptional people [Read more]

Whitecap Resources Inc. Confirms Monthly Dividend for August of $0.01425 Per Share

CALGARY, AB, Aug. 13, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of August operations will be paid on September 15, 2020 to shareholders of record on August 31, 2020.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is [Read more]

TORC Oil & Gas Ltd. announces second quarter 2020 financial & operational results; reinstates production guidance

CALGARY, AB - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three and six months ended June 30, 2020.  The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the three and six months ended June 30, 2020 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended Six months [Read more]

Obsidian Energy Provides Annual General Meeting Update and Webcast Details

CALGARY, AB, July 27 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT). The Meeting will take place at the Company's head office located at 200 – 207 9th Avenue S.W., Calgary, Alberta. Additionally, the Company will release our second quarter 2020 results on July 30, 2020. Annual and Special [Read more]