BOE Report

Obsidian Energy Announces 2026 Guidance and Provides an Operational Update

Capital expenditures guidance of $210 million (midpoint) resulting in 38 net operated wells drilled at both Peace River and Willesden Green including $22 million in waterflood spending Production guidance of 28,900 boe/d (midpoint) for 2026, approximately 55% weighted to our light oil assets and 45% weighted to our heavy oil assets Funds flow from operations of $225 million ($3.35 per basic share) based on WTI of US$58.00/bbl in H1 2026 and US$62.00/bbl in H2 2026 Calgary, [Read more]

Cardinal Energy Ltd. Announces the 2026 Budget

Calgary, Alberta--(Newsfile Corp. - January 21, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce our 2026 budget. 2026 BUDGET HIGHLIGHTS We are forecasting average annual production of 25,000 to 25,500 boe/d for 2026, which represents 15% growth from average volumes delivered in 2025, with Reford contributing to a full year of operations; Our 2026 capital budget of $75 million will be heavily weighted towards our conventional assets with only [Read more]

Suncor Energy to release fourth quarter 2025 financial results

Calgary, Alberta--(Newsfile Corp. - January 20, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 3, 2026 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the fourth quarter will be held on February 4, 2026 at 7:30 a.m. MT (9:30 a.m. ET). A question and answer period with analysts will follow brief remarks from management. To listen to the webcast, please follow the instructions provided at [Read more]

Prospera Announces Comprehensive Operations Update and $3.0 Million Non-Brokered Equity Financing to Advance Core Heavy-Oil Strategy

Calgary, Alberta--(Newsfile Corp. - January 19, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI" or the "Corporation") is pleased to announce a non-brokered private placement of units (the "Offering") for gross proceeds of $3.0 million, at a price of $0.035 per unit. The Offering is intended to support near-term production growth, increase working capital and liquidity, and further strengthen the Company's balance sheet. Each unit will consist of one common share [Read more]

Tuktu Resources Ltd. Announces Results of Special Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - January 16, 2026) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, announces the results of the special meeting of shareholders ("Shareholders") of Tuktu held on January 15, 2026 (the "Meeting"). A total of 168,408,260 common shares in the capital of the Company (representing 63.42% of the total issued and outstanding shares) were voted in person or by proxy at the [Read more]

Lotus Creek Exploration Inc. Announces January Monthly Report to Shareholders

Calgary, Alberta--(Newsfile Corp. - January 15, 2026) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the January Monthly Report to Shareholders has been posted to the Company's website and can be accessed via the following link: Monthly Report - January 2026 FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8435 Email: info@lotuscreek.ca Website: www.lotuscreek.ca Mitchell Harris Vice [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for January, Reford Reaches Nameplate Earlier than Expected

Calgary, Alberta--(Newsfile Corp. - January 12, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our January dividend of $0.06 per common share will be paid on February 17, 2026 to shareholders of record on January 30, 2026. 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. The Company is also pleased to announce it has exceeded the [Read more]

Concerned Shareholders Respond to Recent News Release by Tuktu Resources Ltd.

Calgary, Alberta--(Newsfile Corp. - January 9, 2026) - The press release issued by Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") dated January 7, 2026 (the "Press Release"), in our opinion, is further evidence of the lack of understanding by the Tuktu Board of Directors (the "Board") and current management regarding the development of the assets of the Company and exploratory plays such as the upper Banff. Tuktu's current management is proposing to allocate the Company's [Read more]

Tuktu Resources Ltd. Announces Corporate and Operations Update

Calgary, Alberta--(Newsfile Corp. - January 7, 2026) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, is pleased to announce its 2026 corporate strategy centered on its Monarch oil play as well as an operations update. Tuktu's streamlined 2026 plan in the Monarch area focuses on improving well targeting using seismic, pursuing low-cost well workovers to de-risk the play, cutting overhead, and evaluating the divestment of its [Read more]

Pine Cliff Energy Ltd. Declares Monthly Dividend for January 30, 2026

Calgary, Alberta--(Newsfile Corp. - January 6, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.00125 per common share to be paid January 30, 2026, to shareholders of record on January 15, 2026. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company [Read more]