BOE Report

Suncor Energy files annual disclosure documents

Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) has filed its 2021 Annual Report, 2021 Annual Information Form and 2022 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor's 2021 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is Canada's leading integrated energy company. [Read more]

Obsidian Energy confirms filing of its 2021 year end disclosure documents

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE AMERICAN: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2021 and related Management's Discussion and Analysis. Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2021, which includes the disclosure and reports relating to reserves [Read more]

Obsidian Energy announces fourth quarter and full year 2021 results

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the fourth quarter and full year 2021. Three Months Ended December 31 Year Ended December 31 2021 2020 2021 2020 FINANCIAL1 (millions, except per share amounts) Cash flow from operating [Read more]

Kelt reports significant increases in oil and gas reserves and provides an update on its environmental, social and governance performance

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to report on its oil & gas reserves and production for the year ended December 31, 2021. Kelt retained Sproule Associates Limited ("Sproule"), an independent qualified reserve evaluator, to prepare a report on its oil and gas reserves. The report is effective as of December 31, 2021. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the [Read more]

Gear Energy Ltd. announces fourth quarter 2021 operating results and year-end reserves summary

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to provide the following fourth quarter operating results and reserves summary to shareholders. Gear's Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2021 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended  Year ended (Cdn$ thousands, except [Read more]

Pine Cliff Energy Ltd. announces 2021 year-end reserves and provides operations update and 2022 guidance

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its 2021 year-end reserves and provides an operations update and 2022 guidance. Reserve Report Highlights Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2021. Highlights of the McDaniel [Read more]

Silk Road Energy appoints a new interim CFO

Calgary, Alberta - Silk Road Energy Inc. (TSXV: SLK.H) the "Company" or "Silk Road") reports that the CFO, Mr. Derrick Colling, has resigned from the Company. Mr. Colling has resigned in order to pursue other business opportunities. "Derrick has been with us since the beginning in 2014," said Director, Michael C. Judson. "He has done an excellent job and has been vital in the process of rebuilding Silk Road. We thank him and wish him well in his new endeavours." Ms. Nathalie Kavanagh has [Read more]

Hemisphere Energy provides operations update with four new wells on production

Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce an update on its operations. During the first half of January, Hemisphere brought four new Atlee F pool wells online that had been drilled at the end of the fourth quarter. Corporate production including these new wells has averaged approximately 2,635 boe/d over the past two weeks (99% heavy crude oil; based on field estimates between Jan 23rd - Feb [Read more]

Obsidian Energy announces 2021 reserves value increase of over 50 percent with year-end reserves report

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy" or the "Company") is pleased to announce its independent reserves evaluation for the year ended December 31, 2021, prepared by Sproule Associates Limited ("Sproule"). "The results of our 2021 reserves report speak to the strength of our assets and our technical teams," said Stephen Loukas, Obsidian Energy's Interim President and CEO. "We had an active year with the expansion of a very successful capital [Read more]

Saturn Oil & Gas Inc. Announces Adoption of RSU/DSU Plan

Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") announces that the board of directors of the Company adopted a restricted share unit and deferred share unit (collectively "RSUs/DSUs") plan (the "RSU/DSU Plan"). In addition, the Company anticipates amending its current 20% fixed option plan into a new 10% rolling stock option plan (the "Amended Stock Option Plan") at its next meeting of shareholders. The maximum number of RSUs/DSUs issuable [Read more]