BOE Report

Saturn Oil & Gas Inc. reports record production in Q4 and year end 2021 results

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 twelve months ended December 31, 2021. "The fourth quarter of 2021 was an important milestone for Saturn as we initiated our first drilling program at our newly acquired Oxbow Asset," commented Justin Kaufmann, Senior Vice President Exploration. "Our inaugural Oxbow drilling program was highlighted with the top performing [Read more]

Suncor Energy responds to Elliott Investment Management

Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) today issued the following statement in response to the letter it received this morning from Elliott Investment Management L.P. ("Elliott"): The Suncor Board and management team have received the letter and materials from Elliott. Suncor appreciates the views of its shareholders and will take the time to carefully assess the recommendations and materials provided, with a view to enhancing shareholder and other stakeholder value. Suncor's Board and [Read more]

WesCan Energy announces loan transaction and operations update

Calgary, Alberta - WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is pleased to announce that, further to its previous press release, it has now entered into an agreement for a loan transaction providing for an additional infusion of capital in the amount of $500,000 to further assist with its upcoming drilling program at Provost, Alberta (the "Loan"). The Loan is from a company controlled by a major shareholder of the Company, who is an insider by virtue of owning greater than 10% [Read more]

Suncor Energy to release first quarter 2022 financial results and hold annual general meeting of shareholders

Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 9, 2022 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held on May 10, 2022 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice president, Investor [Read more]

Obsidian Energy announces release date of first quarter 2022 results

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our first quarter 2022 financial and operational results before North American markets open on Wednesday, May 4, 2022. In addition, the first quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at www.obsidianenergy.com, on SEDAR at www.sedar.com, and on [Read more]

Kelt announces results of shareholders’ meeting

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that all matters presented for approval at the Annual and Special Meeting of Shareholders held on April 20, 2022 have been fully authorized and approved. A total of 114,149,022 common shares, representing 59.68% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted upon and the outcome of the votes is set forth [Read more]

Gear Energy Ltd. announces March monthly update to shareholders

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new March 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]

Hemisphere Energy announces 2021 fourth quarter and year-end financial and operating results

Vancouver, British Columbia -  Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide its financial and operating results for the fourth quarter and year ended December 31, 2021. 2021 Highlights Increased annual production to record levels of 1,820 boe/d, and exited 2021 with a December production average of 2,400 boe/d. Attained record annual revenue of $43.1 million, a 131% increase over 2020. Realized record annual adjusted [Read more]

Leucrotta announces Q4 2021 financial and operating results

Calgary, Alberta - LEUCROTTA EXPLORATION INC. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2021. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Achieved production of 5,000 boe/d in late Q4/21 and exited December 31, 2021 with approximately 4,500 boe/d of production. Estimated production for Q1/22 average is approximately 4,300 boe/d. December 31, [Read more]

TransGlobe Energy Corporation announces a change in auditor

Calgary, Alberta - TransGlobe Energy Corporation (TSX: TGL) (NASDAQ: TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces that the Company has changed its auditor from BDO Canada LLP ("BDO" or "Former Auditor") to Deloitte LLP ("Deloitte" or "Successor Auditor") effective as of April 8, 2022. At the request of the Company, BDO resigned as auditor of the Company effective as of April 8, 2022 (the "Date of Resignation"). Deloitte was appointed as auditor of the Company effective April 8, [Read more]