BOE Report

Saturn Oil & Gas Inc. Closes First Tranche of Non-Brokered Private Placement

Calgary, Alberta--(Newsfile Corp. - May 28, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that, further to the Company's press releases dated May 13, 2021 and May 17, 2021, it has closed the first tranche (the "First Tranche Closing") of its non-brokered private placement by selling 64,583,334 special warrants for total proceeds of $7,750,000. A portion of the proceeds of the First Tranche Closing have been used to fund the [Read more]

Leucrotta announces Q1 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 ended March 31, 2021. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Closed a bought-deal public financing issuing 45.2 million units of the Company ("Units") at a price of $0.73 per Unit for gross proceeds of $33.0 million. Each Unit is comprised of one common share of the Company and 0.5 [Read more]

Briko Energy Corp. announces first quarter 2021 financial and operating results

Calgary, Alberta - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months ended March 31, 2021. Financial and operational information is set out below and should be read in conjunction with Briko's March 31, 2021 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A are available for review at [Read more]

Kelt increases its 2021 guidance for production and funds from operations with an increased capital spending program

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing updated guidance for 2021. During 2020, revenue generated by sales of oil and gas were adversely affected by the precipitous decline in oil and gas prices as a result of the unprecedented destruction in demand for the commodities due to global lockdowns and business interruptions. Several pharmaceutical companies have now developed vaccines as a measure to prevent or reduce COVID infections. As the [Read more]

Silk Road Energy Inc. files 2020 audited financial statements

Calgary, Alberta - Silk Road Energy Inc. (TSXV: SLK.H) Director, Michael Judson, reports that the company has filed its audited financial statements and related management's discussion and analysis for the years ended September 30, 2020 and 2019. The documents are available for download on SEDAR. "This is an important step in our efforts to re-build and re-list this company," said Michael Judson. [Read more]

Pine Cliff Energy Ltd. announces results of shareholders’ meeting, and annual stock option grant

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce all matters presented for approval at the Annual and Special Meeting of Shareholders on May 19, 2021 (the "Meeting") have been approved. A total of 127,921,923 common shares representing 38.05% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. All of the nominees proposed as directors were duly elected. Each of the nominees was elected as [Read more]

Hemisphere Energy announces 2021 first quarter 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 first quarter ended March 31, 2021. The first quarter of 2021 yielded excellent results for Hemisphere. Production averaged 9% higher than the fourth quarter, as wells started to respond to injector conversions done late in 2020. Production has since climbed even further, averaging over 1,800 boe/d to date in [Read more]

Saturn Oil & Gas Inc. Announces Transformational Light Oil Asset Acquisition of 6,700 boe/d to Become One of the Leading Producers and Land Holders in Southeast Saskatchewan

Saturn expects to be debt-free in 24 months based on production forecasts, capital budget, hedging levels and current forward pricing Mission is to continue to be an acquirer of accretive assets in Western Canada Acquisition builds on Saturn's existing environmental, social and governance ("ESG") performance, while supplying responsibly-produced ethical Canadian crude oil to service global market demand Calgary, Alberta--(Newsfile Corp. - May 13, 2021) - Saturn Oil & Gas Inc. (TSXV: [Read more]

Canadian Natural Resources Limited reports voting results at annual meeting

Calgary, Alberta - Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual Meeting of the Shareholders on May 6, 2021. The result of the vote by shareholders for each resolution is reported below.  The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes For Votes Withheld Catherine M. Best 839,152,017 93.95% 54,072,277 6.05% M. Elizabeth [Read more]

Obsidian Energy announces first quarter 2021 results and successful first half development program

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 first quarter 2021. Three Months Ended March 31 2021 2020 FINANCIAL (millions, except per share amounts) Cash flow from operations 28.1 31.4 Basic per share ($/share) 0.38 0.43 Diluted per share [Read more]