BOE Report

Canadian Natural Resources Limited Announces Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - August 5, 2021) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.47 (forty-seven cents) per common share. The dividend will be payable on October 5, 2021 to shareholders of record at the close of business on September 17, 2021. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas [Read more]

Canadian Natural Resources Limited announces 2021 second quarter results

Calgary, Alberta - Commenting on the Company's second quarter 2021 results, Tim McKay, President of Canadian Natural (TSX: CNQ) (NYSE: CNQ) stated, "Canadian Natural is in a strong position as our vast and diverse asset base delivered strong operational and financial results in Q2/21, as we achieved production volumes of approximately 1,142 MBOE/d in the quarter, notwithstanding the planned turnaround at our Oil Sands Mining and Upgrading operations. Canadian Natural's long life low decline [Read more]

Pine Cliff Energy Ltd. announces second quarter 2021 results, partial repayment of term debt and update on drilling program

Calgary, Alberta -  Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three and six months ended June 30, 2021 (the "Q2-Report"). Selected highlights are shown below and should be read in conjunction with the Q2-Report. Second [Read more]

Leucrotta announces grant of incentive stock options and summary of stock option plan update

Calgary, Alberta - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") announces that its board of directors has approved the granting of incentive stock options ("Options") under its stock option plan to certain of its directors to acquire up to an aggregate of 100,000 common shares ("Common Shares") of the Company. All of the Options are exercisable for a period of five years at a price of $0.77 per Common Share and 33⅓% of the Options will vest on the date that is one [Read more]

Saturn Oil & Gas Inc. announces development drilling program and corporate update

Saturn commences development drilling and workover program in West Central Saskatchewan Warrants from June 2021 equity financings are now listed for trading on the TSX-V as SOIL.WT The board of directors has approved the grant of 12.5 million incentive stock options Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce the start of a three well development drilling program in West Central Saskatchewan. In addition, the [Read more]

Obsidian Energy announces increased 2021 production and capital expenditure guidance with second quarter 2021 results

Successful completion of first half and an early start to the second half 2021 drilling program Continued debt paydown and higher funds flow from operations Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results for the second quarter 2021. Three Months Ended June 30 Six Months Ended June 30 2021 2020 2021 2020 FINANCIAL [Read more]

Hemisphere Energy establishes new $35 million credit facility and announces early payout of its term loan

Vancouver, British Columbia -  Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF)("Hemisphere" or the "Company") is pleased to announce that it has entered into a new extendible two year committed term facility with ATB Financial (the "Lender"), providing for borrowings of up to $35,000,000 (the "Credit Facility"). As part of entering into the Credit Facility, the Company has fully repaid and terminated its existing term loan with Cibolo Energy Partners (the "Former Term Loan"). The [Read more]

Hemisphere Energy announces normal course issuer bid

Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted the Company's Notice of Intention to renew of its Normal Course Issuer Bid (the "NCIB") to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 7,687,830 common shares ("Common Shares") of the Company, representing approximately ten percent (10%) of the current public float of the [Read more]

Bonavista announces the appointment of K. Earl Reynolds as President & CEO

Calgary, Alberta - Bonavista Energy Corporation ("Bonavista") is pleased to announce the appointment of K. Earl Reynolds as President and Chief Executive Officer effective July 15, 2021. Mr. Reynolds has over 37 years of E&P energy experience and more than 25 years of senior management experience within the oil and gas industry, most recently as CEO at Chaparral Energy. "We believe that Earl will be a visionary and impactful leader for Bonavista," said Gene Davis, Chairman of the Board [Read more]

Obsidian Energy announces second quarter operational update

Calgary, Alberta  - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong production results for the second quarter of 2021, supported by our nine-well first half 2021 development program now on stream. Based on preliminary estimates, we expect second-quarter production to average approximately 24,650 boe/d, an increase from 23,225 boe/d in the first quarter. We will discuss our full-year 2021 guidance in conjunction [Read more]