BOE Report

Kelt reports financial and operating results for the three months ended March 31, 2021

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2021. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2021 2020 % Petroleum and natural gas sales 59,835 70,918 -16 Cash provided by [Read more]

Hemisphere Energy provides an operations update on its Atlee Buffalo polymer project

Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQB: HMENF) ("Hemisphere" or the "Company") is pleased to provide an update on its Upper Mannville G pool polymer project in the Atlee Buffalo area of southeast Alberta. Hemisphere has made significant progress on the construction work at its G pool facility that will allow the Company to convert its currently active waterflood into a polymer flood. Hemisphere is awaiting the delivery of its specialized polymer skid, [Read more]

Canadian Natural Resources Limited announces 2021 first quarter results

Calgary, Alberta - Commenting on the Company's first quarter 2021 results, Tim McKay, President of Canadian Natural stated "The COVID-19 pandemic continues to challenge our everyday living and the way we operate our businesses. With our strong measures in place we have minimized impacts on our operations, but it remains a daily challenge for our field staff to do it safe and do it right. As the global vaccine distribution increases and crude oil demand recovers, especially in the United States, [Read more]

Canadian Natural Resources Limited announces quarterly dividend

Calgary, Alberta - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces 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 July 5, 2021 to shareholders of record at the close of business on June 18, 2021. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the [Read more]

Pine Cliff Energy Ltd. Announces First Quarter 2021 Results

Calgary, Alberta--(Newsfile Corp. - May 5, 2021) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the filing of its first 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 months ended March 31, 2021 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the [Read more]

Cuda Oil and Gas Inc. announces December 31, 2020 year-end financial and operating results

Calgary, Alberta -  Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") announces its financial and operational results for the year ended December 31, 2020. Cuda's audited consolidated financial statements, and management's discussion and analysis for the year ended December 31, 2020 and 2019 are available under the Company's profile on the SEDAR website at www.sedar.com. Significant 2020 Highlights 2020 proved to be another year of significant growth and change for the [Read more]

Topaz Energy Corp. announces the acquisition of Reserve Royalty and provides update to previously announced Charlie Lake royalty acquisition

CALGARY, AB, May 3, 2021 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into a definitive agreement with Reserve Royalty Income Trust ("Reserve Royalty") for the purchase of its subsidiaries which hold all of the Reserve Royalty assets, for approximately $26.0 million, payable through the issuance of 1,794,886 Topaz shares (the "Reserve Royalty Acquisition"). Reserve Royalty Acquisition The Reserve Royalty Acquisition adds a [Read more]

Hemisphere Energy announces 2020 fourth quarter and year-end 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 fourth quarter and year ended December 31, 2020. For Hemisphere, 2020 was a year of strengthening the balance sheet by cutting capital, reducing costs, maintaining year over year production rates, and paying down nearly 25% of its previously outstanding year-end debt. Despite spending only $1.7 million in [Read more]

Leucrotta announces Q4 2020 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 and year ended December 31, 2020. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS               Three Months Ended December 31 Year Ended December 31 ($000s, except per share amounts) 2020 2019 % Change 2020 2019 % Change               Oil and [Read more]

Leucrotta Exploration announces 2020 year-end reserves

Calgary, Alberta - Leucrotta Exploration Inc. (TSXV: LXE) ("Leucrotta" or the "Company") is pleased to announce its 2020 year-end reserves as independently evaluated by GLJ Ltd. ("GLJ") effective December 31, 2020 (the "GLJ Report"), in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation ("COGE") Handbook. All dollar figures are Canadian dollars unless otherwise noted. Introduction During 2020 and early 2021, Leucrotta made the decision to focus [Read more]