BOE Report

Saturn Oil & Gas Inc. announces closing of Viking acquisition and non-brokered private placement

Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to announce that further to its press releases of May 31, 2022 and June 8, 2022, it has successfully completed the previously announced acquisition of assets in the Viking area of West-central Saskatchewan (the "Viking Acquisition") for closing cash consideration of approximately $248 million (net of adjustments) and has completed a non-brokered private placement for gross proceeds of [Read more]

Kelt provides an operations update and increases its 2022 capital expenditure budget by 13% to $300 million

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update and changes to its capital expenditure budget for 2022. Energy related commodity prices during the first half of 2022 have increased substantially compared to the previous year. The global economy staged a recovery in energy demand as the world began to ease away from lockdowns and business interruptions experienced in 2020 and 2021 due to the COVID-19 pandemic. The pace of [Read more]

Suncor Energy to hold oil sands operations presentation

Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) will hold an Oil Sands Operations presentation on July 13, 2022 from 7:00 a.m. to 10:00 a.m. MT (9:00 a.m. to 12:00 p.m. ET). The presentation will focus on the company's oil sands operations and providing updates on production and operational actions and plans to ensure safe and reliable performance, with presenters: Mark Little, president and chief executive officer Peter Zebedee, executive vice president, Mining & Upgrading [Read more]

Silk Road Energy graduates from NEX to TSX-V

Calgary, Alberta - Silk Road Energy Inc. (TSXV: SLK) reports that it has received approval from the TSX Venture Exchange to have its shares reactivated as a Tier 2 Mining Issuer from a NEX Issuer. Commencing Thursday, July 7, 2022, Silk Road shares will trade under the symbol "SLK" on the TSX Venture Exchange. Silk Road was cease-traded in 2019 and has been reorganizing its affairs on the NEX Exchange for the last two years. Shareholders are not required to take any action regarding their [Read more]

Pine Cliff Energy Ltd. announces debt free status and confirms monthly dividend for July 29, 2022

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces that it has repaid in full, all term debt and insider debt as of June 30, 2022. Pine Cliff is one of the first Canadian public oil and gas producers to be debt free. Pine Cliff also confirms that a monthly dividend of $0.0083 per common share is to be paid July 29, 2022 to shareholders of record on July 15, 2022. The ex-dividend date is July 14, 2022. This monthly cash dividend is designated as an [Read more]

Altima announces management cease trade order due to delays in filing audited annual financial statements

Vancouver, British Columbia - Altima Resources Ltd. (TSXV: ARH) ("Altima" or the "Company") announced today that is unable to file its audited annual financial statements, management's discussion & analysis, and related certifications in addition to its NI 51-101 Disclosure for Oil & Gas Activities for the fiscal year ended February 28, 2022 on or before June 28, 2022, due to operational delays experienced in its subsidiary, which caused its human resources to be reallocated to support [Read more]

Suncor Energy releases 2022 report on sustainability and climate report

Calgary, Alberta - Suncor (TSX: SU) (NYSE: SU) released its 2022 Report on Sustainability and Climate Report today. The reports highlight how Suncor is working to achieve exceptional environmental, social and governance (ESG) performance, and share Suncor's actions on sustainable energy development, emphasizing the progress made to accelerate GHG reductions to reach net-zero by 2050 while increasing shareholder returns. Guided by its purpose of providing trusted energy that enhances people's [Read more]

TransGlobe Energy Corporation operations update

Calgary, Alberta - TransGlobe Energy Corporation (TSX: TGL) (NASDAQ: TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. OVERVIEW Production averaged 12.1 MBoepd in Q2, 2022 to 11 June (See "Oil & Gas Advisories" for production by product type); Full Canadian production restored in May following completion of planned maintenance at a major processing plant owned by a third party. [Read more]

Obsidian Energy announces voting results from the 2022 annual and special meeting of shareholders

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at its annual and special meeting of shareholders held on June 16, 2022, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2022 Annual and Special Meeting and Management Proxy Circular dated May 4, 2022 (the "Information Circular"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on [Read more]

Gear Energy Ltd. announces May monthly update to shareholders

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