Calgary, Alberta--(Newsfile Corp. - July 13, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today announced its intention to undertake a rights offering of its common shares (the "Rights Offering") in connection with its proposed acquisition of Connacher Oil and Gas Limited (the "Acquisition"). The Company expects to launch the Rights Offering in August 2026 for gross proceeds of at least $575 million, subject to receipt of all necessary approvals and [Read more]
Greenfire Resources Announces Acquisition of Connacher Oil and Gas Limited for C$1.277 Billion in Cash Consideration
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 of 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]
Hemisphere Energy Announces Normal Course Issuer Bid Renewal
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSX-V") has accepted the Company's Notice of Intention to renew of its Normal Course Issuer Bid (the "NCIB") to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 7,914,281 common shares ("Common Shares") of the Company, representing approximately 10% [Read more]
Trans Mountain Reaches Settlement Agreement with Shippers
Agreement establishes long-term commercial framework for tolls and service New Open Season offers additional capacity Calgary, Alberta--(Newsfile Corp. - July 7, 2026) - Trans Mountain Corporation ("Trans Mountain") announced today that it has filed a negotiated Settlement with the Canada Energy Regulator ("CER") covering tolling, tariff and service-related matters on the Trans Mountain Pipeline System ("System"). The parties to the Settlement Agreement ("Settlement") represent the [Read more]
Saturn Oil & Gas Inc. Announces Extension and Increase to Credit Facility
Calgary, Alberta--(Newsfile Corp. - July 6, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to announce that the Company has entered into a credit agreement amendment dated June 30, 2026 to amend our syndicated credit facility (the "Credit Facility"). The tenor of the Credit Facility has been amended from two years to [Read more]
Pine Cliff Energy Ltd. Declares Monthly Dividend for July 31, 2026
Calgary, Alberta--(Newsfile Corp. - July 2, 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 July 31, 2026, to shareholders of record on July 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 with a [Read more]
Trican Well Service Ltd. Announces Second Quarter 2026 Conference Call
Calgary, Alberta--(Newsfile Corp. - July 2, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Second Quarter 2026 results on Tuesday, July 28, 2026 after the close of the market. The Company will host a conference call on Wednesday July 29, 2026 at 10:00 a.m. MT (12:00 p.m. ET) to discuss its results for the Second Quarter 2026. To listen to the webcast of the conference call, please enter the following URL in your web browser: [Read more]
Obsidian Energy Closes Belly River Acquisition and Increases 2026 Production Guidance
Calgary, Alberta--(Newsfile Corp. - July 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") has closed our previously announced acquisition of Belly River light oil assets in the Wilson Creek area of Willesden Green (the "Acquisition"). In conjunction with closing the Acquisition, we are updating our 2026 guidance to reflect the contribution of the acquired assets. Highlights: Closed the Acquisition on June 30, 2026, [Read more]
Lotus Creek Exploration Inc. Announces May Operational Update to Shareholders
Calgary, Alberta--(Newsfile Corp. - June 30, 2026) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the May Operational Update to Shareholders has been posted to the Company's website and can be accessed via the following link: May Operational Update FOR FURTHER INFORMATION ABOUT LOTUS CREEK PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8435 Email: info@lotuscreek.ca Website: www.lotuscreek.ca Mitchell [Read more]
Prospera Announces $12.0 Million Non-Brokered Equity Financing to Scale Its Heavy-Oil Strategy
Calgary, Alberta--(Newsfile Corp. - June 29, 2026) - Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Corporation", or the "Company") Prospera Energy is pleased to announce a non-brokered private placement of units of the Company at $0.04 per unit for aggregate gross proceeds of up to $12,000,000, the largest financing in the Company's history and a defining inflection point for Prospera. Over the past twenty months, the Company executed a deliberate and highly [Read more]