BOE Report

Suncor Energy increases shareholder returns, publishes 2026 Investor Day presentation; files contingent resources report

All financial figures are in Canadian dollars, unless noted otherwise. Calgary, Alberta--(Newsfile Corp. - March 31, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) published its 2026 Investor Day presentation which outlines a new 3-year improvement plan. As a result, Suncor is increasing its annual share repurchases by over 20% to a revised projection of $4B for 2026. Investor Day Highlights: $2 billion increase in normalized free funds flow by 2028 US$5 per barrel reduction in [Read more]

Lycos Energy Inc. Announces Closing of Business Combination with Mahikan Oil Corp. and Equity Financing

Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce the successful closing today of its previously announced strategic business combination with Mahikan Oil Corporation ("Mahikan") (the "Transaction") and fully-subscribed equity financing (the "Offering"). Closing of Strategic Business Combination Lycos has acquired all the issued and outstanding common shares of Mahikan in an all-share transaction. Under [Read more]

Coelacanth Energy Inc. Provides Operations Update

Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update: Coelacanth is currently producing approximately 8,000 boe/d (31% oil and liquids) excluding an additional 1,600 boe/d that is currently shut in but will be back on production before the end of April 2026. The ramp up of production has taken longer than anticipated due to a higher than expected initial amount of frac flowback water [Read more]

Pine Cliff Energy Ltd. Provides Operational Update and Declares Monthly Dividend for April 30, 2026

Calgary, Alberta--(Newsfile Corp. - March 25, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce initial production results from its recently completed Glauconite well and the monthly dividend for April 2026. Operational Update Pine Cliff successfully drilled one gross (1.0 net) Glauconite well in the Central Alberta Caroline area in December 2025 that was completed and brought on production in the second half of February 2026. [Read more]

Trans Mountain Launches Binding Open Season for Firm Service on Existing Pipeline Capacity

Calgary, Alberta--(Newsfile Corp. - March 25, 2026) - Trans Mountain Corporation ("Trans Mountain" or "TMC") today announced the launch of a binding Open Season to obtain incremental contracts for firm transportation service on its Pipeline System. The Open Season will run from April 7 to June 2, 2026, providing shippers with an opportunity to secure firm service on existing capacity between Edmonton, Alberta and delivery locations in British Columbia. Through this Open Season, Trans Mountain [Read more]

Prospera Energy Announces 8 Year Production High in Its Luseland Field

Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Company", or the "Corporation") Calgary, Alberta--(Newsfile Corp. - March 23, 2026) - Luseland Field Update Prospera Energy is pleased to provide an operations update highlighting significant momentum across its Western Canadian heavy oil asset base. The Company's Luseland property in Saskatchewan has reached its highest production levels in almost a decade, a direct result of Prospera's systematic well reactivation [Read more]

Argo’s January Oil Production

Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") January 2026 oil production was 2,254 barrels, averaging 73 barrels per day. Oil prices averaged CAD$57 per barrel, and Argo's oil revenue was $129,344 and net operating cash flow was $80,891. January 2026 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 (37.5% [Read more]

Suncor Energy to hold 2026 Investor Day

Calgary, Alberta--(Newsfile Corp. - March 17, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) will hold its 2026 Investor Day on March 31, 2026 at 7:30 a.m. MT (9:30 a.m. ET). At the event, Suncor's executive leadership team will highlight the company's near-term priorities and long-term strategic outlook. To listen to the webcast, please follow the instructions provided at https://www.suncor.com/en-ca/investors/events-and-presentations. The event will be archived for 90 days. Suncor Energy [Read more]

Greenfire Resources Reports Year End 2025 Reserves, Fourth Quarter and Full Year 2025 Financial and Operational Results, and Provides an Operational Update

Readers are advised to review the "Non-GAAP and Other Financial Measures" section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the "Forward-Looking Information" section in this press release for information regarding certain forward-looking information and forward-looking statements contained in this press release. All amounts in this press release [Read more]

Lotus Creek Exploration Inc. Announces January Operational Update to Shareholders and Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - March 12, 2026) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the January Operational Update to Shareholders has been posted to the Company's website and can be accessed via the following link: January Operational Update - March 2026 Additionally, the Company announces that pursuant to the terms and conditions of the Company's stock option plan, the Lotus Creek Board of Directors has approved the [Read more]