Calgary, Alberta--(Newsfile Corp. - July 16, 2025) - 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, today announces the final results of our previously announced substantial issuer bid, which expired on July 16, 2025 (the "Offer"). In accordance with the terms and conditions of the Offer and based on the final report by Odyssey Trust [Read more]
Obsidian Energy Announces Non-Binding Offer for Common Share Position in InPlay Oil Corp.
Calgary, Alberta--(Newsfile Corp. - July 16, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy" or the "Company") announced today that a third party has made a non-binding offer to Obsidian Energy to acquire the Company's entire common share position in InPlay Oil Corp. ("InPlay"), consisting of 9,139,784 InPlay common shares ("InPlay Shares") and representing approximately 32.7% of the issued and outstanding InPlay Shares, at a price per InPlay Share in excess of [Read more]
Hemisphere Energy Declares Special Dividend
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that its board of directors has approved the declaration of a special dividend to shareholders. Special Dividend Given the strong financial position and performance outlook of the Company, Hemisphere's board of directors has approved the declaration of a special dividend of $0.03 per common share, in accordance with [Read more]
Lotus Creek Exploration Inc. Provides an Operations Update and Announces a New Corporate Presentation
Calgary, Alberta--(Newsfile Corp. - July 15, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) is pleased to provide an operations update and announce a new Corporate Presentation has been posted to the website. OPERATIONS UPDATE Wilson Creek, Central Alberta Lotus Creek is pleased to announce that Savanna's 689 drilling rig has arrived in Wilson Creek to commence drilling its inaugural Belly River capital program. During the first quarter of 2025, the [Read more]
Cardinal Energy Ltd. Announces Monthly Dividend for July
Calgary, Alberta--(Newsfile Corp. - July 14, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our July dividend of $0.06 per common share will be paid on August 15, 2025 to shareholders of record on July 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 natural gas company [Read more]
Baytex Announces Granting of Exemptive Relief Regarding Its Normal Course Issuer Bid Program
Calgary, Alberta--(Newsfile Corp. - July 14, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced it obtained an exemption order from the Canadian securities regulators which permits Baytex to purchase up to 10 percent of the "public float" (within the meaning of the rules of the Toronto Stock Exchange (the "TSX")) of its common shares through the New York Stock Exchange and other U.S.-based trading systems as part of Baytex's shareholder return strategy, including the [Read more]
Obsidian Energy Announces Second Half 2025 Capital Program and Guidance
Development capital expenditures of $110 to $120 million resulting in 28 net operated wells drilled Infrastructure projects are underway in Open Creek and Nampa fields allowing for future growth Intend to initiate ~$10 million Canadian Exchange Offer to Acquire Obsidian Energy Common Shares for Common Shares of InPlay Oil Corp. Calgary, Alberta--(Newsfile Corp. - July 10, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") [Read more]
Blacksteel Energy Inc. Announces Further Amendment to Agreement for the Sale of Girouxville Assets
Calgary, Alberta--(Newsfile Corp. - July 9, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that further to its press releases dated March 3, 2025, May 9, 2025 and June 10, 2025 outlining the sale by the Corporation and its 100% subsidiary Drakkar Energy Ltd. of all of its oil producing assets in the Girouxville Area to Perthro (Canada) Inc. (the "Proposed Transaction"), the parties have agreed to a third amending agreement dated July 9, 2025 (the "Third [Read more]
Hemisphere Energy Announces Normal Course Issuer Bid Renewal
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") 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 7,934,731 common shares ("Common Shares") of the Company, representing approximately 10% of [Read more]
Journey Energy Inc. Provides Encouraging Results from Its First Three 2025 Duvernay Wells
Calgary, Alberta--(Newsfile Corp. - July 7, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to provide an update on its Duvernay Joint Venture (the "Joint Venture") operations, including initial results from the 2025 capital program. Duvernay Joint Venture Operational Update On May 7, 2024 Journey announced its participation in the 128 section, Spartan Delta Corp. ("Spartan") operated, Joint Venture in the Duvernay. Journey's current working [Read more]
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