BOE Report

Saturn Oil & Gas Inc. announces milestone of 12,000 boe/d of production, progress of land reclamation program, and board nominations

Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is committed to leading environment, social and governance ("ESG") policies and procedures in its operations and is pleased to announce that the Company has reached the midpoint of its 2022 Land Reclamation Program (the "LRP") and successful progress in our 2022 drilling program. Operations Update Saturn is pleased to announce that since spring breakup concluded, the Company has drilled and [Read more]

Blacksteel Energy Inc. announces appointment of new Director and filing of annual financial statements and reserve report

Calgary, Alberta - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that it has appointed Duncan Nightingale to its Board of Directors, filed the annual audited financials and the reserve report. Appointment of Duncan Nightingale to the Board of Directors Blacksteel is pleased to announce the appointment of Duncan Nightingale to the Board of Directors. Mr. Nightingale has extensive senior operational oil and gas experience, including positions including [Read more]

Pine Cliff Energy Ltd. confirms monthly dividend for September 30, 2022

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") confirms a monthly dividend of $0.01 per common share is to be paid September 30, 2022 to shareholders of record on September 15, 2022. The dividend is designated as an eligible dividend for Canadian income tax purposes. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on [Read more]

Gear Energy Ltd. confirms monthly dividend for September of $0.01 per share

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") confirms that the September 2022 monthly dividend of $0.01 per common share is to be paid on September 30, 2022, to shareholders of record on September 15, 2022. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & [Read more]

Altima closes first tranche equity financing for a gross proceeds of $305,000

Vancouver, British Columbia - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that on August 31, 2022 it closed its first tranche of its equity financing (Refer to Press Release August 25, 2022). In accordance with the provisions of subscription agreements received, at the closing the Company is issuing 6,100,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $305,000 (the "Financing"), each Unit consisting of one common share and one share [Read more]

Altima announces negotiation of equity financing for $500,000

Vancouver, British Columbia - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announces that it has negotiated a private placement for gross proceeds of up to $500,000, subject to acceptance by the TSX Venture Exchange. The Company is issuing 10,000,000 Units at a price of $0.05 per Unit (the "Units") for gross proceeds of up to $500,000 (the "Financing"), each Unit consisting of one common share and one share purchase warrant, each warrant entitling the holder thereof to [Read more]

Gear Energy Ltd. announces July monthly update to shareholders

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new July 2022 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com [Read more]

Saturn Oil & Gas Inc. reports Q2 2022 financial and operational results highlighted by record quarterly cash flow

Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2022. "Saturn's high quality, light oil production base was complimented in the second quarter of 2022 with exceptionally strong global oil prices which produced a record cash flow," commented John Jeffrey, Chief Executive of Saturn. "Saturn's focus on enhancing the Company's oil production [Read more]

Hemisphere Energy announces record quarterly results and declares dividend

Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the second quarter ended June 30, 2022. During the second quarter of 2022, Hemisphere achieved record adjusted funds flow from operations (AFF)1 of $14 million and lowered net debt[1] to $3.7 million. Hemisphere was also active in the field with five new wells drilled in the Atlee Buffalo area, which were brought onstream throughout July. The Company [Read more]

Pine Cliff Energy Ltd. announces appointment of new Director

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the appointment of Mr. Calvin Jacober to its Board of Directors (the "Board"). Mr. Jacober was most recently the Vice Chair Canada for PricewaterhouseCoopers LLP ("PwC") until his retirement earlier this year. Prior thereto, he was both the Managing Partner and the Assurance Leader for PwC's Calgary office, responsible for management of all aspects of PwC's Calgary office, including [Read more]