BOE Report

Sahara Energy Ltd. announces proposed change of business

Calgary, Alberta - Sahara Energy Ltd. (TSXV: SAH) (the "Company") is pleased to announce that, effective January 24, 2021, it has entered into two Equity Investment Agreements (the "Investment Agreements") with affiliates of DMG Investments LLC (collectively, "DMG"), pursuant to which the Company has agreed to invest in two of DMG's real estate development projects in Amherst, New York and Albany, New York. Pursuant to the terms of the Investment Agreements, it is currently intended that the [Read more]

Kelt releases inaugural ESG report

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce the release of its inaugural ESG Report, dated January 7, 2021, as part of its ongoing commitment to health and safety, responsible and sustainable resource development, good governance practices and community engagement. The ESG Report highlights many of the Company's achievements, including a 25% reduction in injury-related incidents in 2019, compared to the previous year; a 25% reduction in [Read more]

Briko Energy Corp. announces management changes and initiation of strategic alternatives process

Calgary, Alberta -  Briko Energy Corp. ("Briko" or the "Corporation") announces management changes and initiation of a strategic alternatives process. MANAGEMENT CHANGES John H. Van de Pol, President & CEO, has advised Briko's Board of Directors (the "Board") and executive team of his intention to step down as President & CEO effective March 15, 2021 but will continue to remain as a member of the Board. Mr. Van de Pol has been a key member of the executive team and has provided [Read more]

Eagle Energy Inc. ceases to be a reporting issuer and obtains full revocation of failure-to-file cease trade order

Calgary, Alberta -  Eagle Energy Inc. ("Eagle" or the "Corporation") announces that it has obtained from the Alberta Securities Commission and the Ontario Securities Commission, on behalf of each of the provinces of Canada, orders granting its voluntary applications to cease to be a reporting issuer and for a full revocation of a failure-to-file cease trade order issued against Eagle on May 6, 2020 (the "FFCTO"). Effective immediately, Eagle confirms that it has ceased to be a reporting issuer [Read more]

Briko Energy Corp. announces third quarter 2020 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 and nine months ended September 30, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's September 30, 2020 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 [Read more]

Cypress Hills Resource Corp. Corporate Update

Vancouver, British Columbia - Cypress Hills Resource Corp. (NEX: CHY.H) (the "Corporation") is pleased to announce that it has entered into a property option agreement, dated November 20, 2020 (the "Option Agreement") with Strategic Metals Ltd. ("Strategic") and Archer, Cathro & Associates (1981) Limited pursuant to which the Corporation will acquire the right to earn up to an undivided eighty (80%) interest in 267 quartz mining claims, located in the Whitehorse Mining District, Yukon [Read more]

Leucrotta Announces Q3 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 and nine months ended September 30, 2020. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended September 30 Nine Months Ended September 30 ($000s, except per share amounts) 2020 2019 % Change 2020 2019 % Change Oil [Read more]

Hemisphere Energy Announces Financial and Operating Results for Q3 2020

Vancouver, British Columbia -  Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2020. Q3 2020 Highlights Achieved revenue of $5.9 million. Realized an operating netback of $4.7 million, including hedging gains of $0.9 million. Attained quarterly adjusted funds flow from operations of $3.4 million or $0.04 per share (basic). Maintained average [Read more]

Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2020

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2020. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise indicated) 2020 2019 % 2020 2019 % Petroleum and natural gas [Read more]

Pine Cliff Energy Ltd. Announces Third Quarter 2020 Results

Calgary, Alberta -  Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce the filing of its third 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 nine months ended September 30, 2020 (the "Q3-Report"). Selected highlights are shown below and should be read in conjunction with the Q3-Report. Third [Read more]