BOE Report

Tenaz Energy Corp. Announces 2026 Guidance

CALGARY, ALBERTA--(Newsfile Corp. - December 17, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce its 2026 production and capital guidance. Our Board of Directors has approved a capital expenditure budget of $250 to $275 million. Production guidance for 2026 is 19,500 to 22,500 boe/d1, reflecting year-over-year production growth (at mid-point of guidance) of approximately 115% from 2025. 2026 Guidance Average production [Read more]

Saturn Oil & Gas Inc. Announces 2026 Capital Budget and Guidance Designed to Optimize Free Funds Flow, Continue Debt Repayment and Preserve Long-Term Value

Disciplined $180 to $190 million development capital budget retains flexibility and targets quick payback opportunities Forecast average production of 39,000 to 41,000 boe/d, with ability to quickly ramp up capital and volumes should prices strengthen Free funds flow allocated to debt repayment and share buybacks, with forecast free funds flow yield of 25% to 35% Up to 1/3 of total development capital allocated to high-return, rapid payback open hole multi-lateral ("OHML") drilling [Read more]

Greenfire Resources Announces Preliminary Results for Rights Offering

Calgary, Alberta--(Newsfile Corp. - December 17, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today announced preliminary results of its C$300 million rights offering, which expired at 4:00 p.m. (Calgary time) on December 16, 2025 (the "expiration date"). Upon closing of the rights offering, the Company expects to issue 55,147,058 common shares, representing the maximum number of common shares available under the rights offering, without reliance on the [Read more]

Canadian Natural Resources Limited Announces 2026 Budget

Calgary, Alberta--(Newsfile Corp. - December 16, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2026 budget, "Our 2026 budget is anchored around our unparalleled assets, execution, and resilience, which positions Canadian Natural as one of the most reliable and value-driven independents in our industry. Our low cost, long life low decline asset base allows Canadian Natural to maintain a strong balance sheet through commodity price cycles [Read more]

Hemisphere Energy Grants Incentive Restricted Share Units and Stock Options

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") announces that its Board of Directors has approved grants of incentive restricted share units ("RSU") and stock options. Restricted Share Units Under the Company's Restricted Share Unit Plan (the "Plan"), RSUs may be granted to directors, employees, and contractors of the Company. At the discretion of the Company's Board of [Read more]

Baytex Announces Expected Closing Date for U.S. Eagle Ford Sale and Early Results of Cash Tender Offer for 2032 Senior Notes

Calgary, Alberta--(Newsfile Corp. - December 15, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") today announced that it expects to close the previously announced sale of its U.S. Eagle Ford assets (the "Eagle Ford Asset Sale") on December 19, 2025. Baytex also announced the early results of the previously announced tender offer (the "Tender Offer") to purchase for cash, upon the terms and conditions set forth in the Offer to Purchase dated December 1, 2025 (as [Read more]

Suncor Energy announces 2026 corporate guidance

All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - December 11, 2025) - Guidance reinforces company's commitment to delivering superior shareholder returns Upstream production growth and refining utilization above 2024 Investor Day targets for 2026 Continued capital discipline with select high-quality strategic investments Increased share repurchases of $275 million per month, projecting $3.3 billion in 2026 Progress [Read more]

Lotus Creek Exploration Inc. Announces 2026 Budget and Guidance

Calgary, Alberta--(Newsfile Corp. - December 10, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to provide the Company's 2026 budget and guidance to shareholders. 2026 APPROVED FISCAL BUDGET AND GUIDANCE The Board of Directors of the Company has approved a 2026 budget (the "2026 Budget") of $42.0 million that is expected to deliver 75% annual production growth with forecast average production for the fourth quarter of 2026 of 4,000 boe per day. [Read more]

Tenaz Energy Corp. announces exercise of warrants and options, increasing Director and Officer share ownership

CALGARY, ALBERTA--(Newsfile Corp. - December 8, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce increased share ownership of the directors and officers of Tenaz following the exercise of warrants and stock options. The warrants were previously issued under the non-brokered private placement of units completed as part of the Company's recapitalization transaction in 2021, with an expiry date in October 2026. The stock options were [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for December

Calgary, Alberta--(Newsfile Corp. - December 8, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our December dividend of $0.06 per common share will be paid on January 15, 2026 to shareholders of record on December 31, 2025. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and [Read more]