BOE Report

Obsidian Energy Announces Strong 2025 Reserves Results

Reserve replacement of 118 percent, 185 percent and 235 percent of 2025 production (adjusted for dispositions) on a proved developed producing ("PDP"), proved ("1P"), and proved plus probable("2P") reserves basis Added locations in the Willesden Green (Belly River) in both Crimson and Open Creek based on 2025 success Initial waterflood reserve bookings from recent pilots at Peace River in the Clearwater Calgary, Alberta--(Newsfile Corp. - February 5, 2026) - OBSIDIAN ENERGY LTD. (TSX: [Read more]

Cardinal Energy Ltd. Announces Closing of $104.7 Million Bought Deal Offering of Common Shares

Calgary, Alberta--(Newsfile Corp. - February 4, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce that it has completed its previously announced upsized bought deal offering (the "Offering") of common shares ("Common Shares") with a syndicate of underwriters co-led by RBC Capital Markets and CIBC Capital Markets (the "Co-Lead Underwriters") and including ATB Capital Markets, BMO Capital Markets, Peters & Co. Limited and Raymond James Ltd. (together [Read more]

Suncor Energy reports fourth quarter 2025 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 3, 2026) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.60 per share on its common shares, payable March 25, 2026 to shareholders of record at the close of business on March 4, 2026. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; [Read more]

Baytex Reports Strong Canadian Reserves Growth and Positive Operational Momentum

Calgary, Alberta--(Newsfile Corp. - February 2, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce its year-end 2025 reserves and provide an operations update (all amounts in Canadian dollars unless otherwise noted). Our 2025 performance was highlighted by the strategic divestiture of our U.S. assets, resulting in a significantly strengthened financial position and sharpened focus on our high-return Canadian energy platform. We entered 2026 with a net cash [Read more]

Pine Cliff Energy Ltd. Declares Monthly Dividend for February 27, 2026

Calgary, Alberta--(Newsfile Corp. - February 2, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.00125 per common share to be paid February 27, 2026, to shareholders of record on February 13, 2026. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil [Read more]

Hemisphere Energy Declares Quarterly Dividend, Announces 2026 Guidance, and Provides Corporate Update

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to declare a quarterly dividend to shareholders, deliver guidance for 2026, and provide a corporate update. Quarterly Dividend Hemisphere is pleased to announce that its Board of Directors has approved a quarterly cash dividend of $0.025 per common share in accordance with the Company's dividend policy. The dividend will be [Read more]

Coelacanth Energy Inc. Announces Grant of Stock Options and Restricted Share Units

Calgary, Alberta--(Newsfile Corp. - January 26, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 8,634,250 common shares ("Common Shares") of the Corporation (6,298,250 granted to certain of its directors and officers and 2,336,000 granted to certain of its employees) and to the granting of restricted share [Read more]

Cardinal Provides an Update on the Operation of Its Thermal Business Unit and the De-Risking of Several Thermal Projects

Calgary, Alberta--(Newsfile Corp. - January 26, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") wishes to provide an update on its thermal evaluation and development program and the advancement of two future steam-assisted gravity drainage ("SAGD") oil development projects - ("Reford 2") and ("Kelfield"). These projects build on the success and technical foundation of the Company's Reford 1 SAGD development ("Reford 1") aligning with Cardinal's strategy to responsibly [Read more]

Obsidian Energy Announces 2026 Guidance and Provides an Operational Update

Capital expenditures guidance of $210 million (midpoint) resulting in 38 net operated wells drilled at both Peace River and Willesden Green including $22 million in waterflood spending Production guidance of 28,900 boe/d (midpoint) for 2026, approximately 55% weighted to our light oil assets and 45% weighted to our heavy oil assets Funds flow from operations of $225 million ($3.35 per basic share) based on WTI of US$58.00/bbl in H1 2026 and US$62.00/bbl in H2 2026 Calgary, [Read more]