BOE Report

Suncor Energy to Release First Quarter 2025 Financial Results and Hold Annual General Meeting

Calgary, Alberta--(Newsfile Corp. - April 22, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 6, 2025 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the first quarter will be held on May 7, 2025 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. [Read more]

Hemisphere Energy Announces 2024 Fourth Quarter and Year-End Financial and Operating Results

Vancouver, British Columbia--(Newsfile Corp. - April 17, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide its financial and operating results for the fourth quarter and year ended December 31, 2024. 2024 Highlights Increased annual production by 10% to a record of 3,436 boe/d (99% heavy oil). Generated annual revenue of $99.9 million, an 18% increase over the previous year. Achieved a 16% increase in annual [Read more]

Blacksteel Energy Inc. Responds to Concerned Shareholders

Calgary, Alberta--(Newsfile Corp. - April 16, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that, further to a news release issued on March 21, 2025 (the "Dissident Shareholder News Release") by a group of shareholders (the "Dissident Shareholder Group") requisitioning a special shareholders' meeting to replace the Corporation's current board of directors, it would like to provide clarification on several misstatements and inaccuracies in the Dissident Shareholder [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for April

Calgary, Alberta--(Newsfile Corp. - April 14, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our April dividend of $0.06 per common share will be paid on May 15, 2025 to shareholders of record on April 30, 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 [Read more]

Lycos Energy Inc. Announces 2024 Results

Calgary, Alberta--(Newsfile Corp. - April 8, 2025) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three months and year ended December 31, 2024. Selected financial and operating information is outlined below and should be read with Lycos' audited annual consolidated financial statements, related management's discussion and analysis ("MD&A") for the three months and year ended December 31, 2024, and annual [Read more]

Obsidian Energy Announces Closing of the Operated Pembina Asset Sale for ~ $320 Million

Provides Update on Syndicated Credit Facility Calgary, Alberta--(Newsfile Corp. - April 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that we have closed our previously announced divestiture of our operated Pembina assets (the "Pembina Assets") to InPlay Oil Corp. (TSX: IPO) ("InPlay") (collectively, the "Transaction"). The Company retained our non-operated holdings in the Pembina Cardium Unit [Read more]

Hemisphere Energy Declares Special Dividend

Vancouver, British Columbia--(Newsfile Corp. - April 3, 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 C$0.03 per common share, in accordance with [Read more]

Pine Cliff Energy Ltd. Provides 2025 Capex Guidance and Declares April Dividend

Calgary, Alberta--(Newsfile Corp. - April 2, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or "PNE") is pleased to announce a 2025 capital spending program of approximately $23.5 million. This includes $12.5 million dedicated to strategic drilling in its core Central Alberta area, with the balance allocated for facilities maintenance and asset retirement obligations. Reallocating Capital to Support Drilling Program In 2024, Pine Cliff halted its development [Read more]

Cardinal Energy Ltd. Announces Appointment of New Officers

Calgary, Alberta--(Newsfile Corp. - April 1, 2025) - The Board of Directors of Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce today the appointments of Devin Sundstrom as Vice President, North Area and Heath Williamson as Vice President, Thermal Operations. Mr. Sundstrom joined Cardinal in 2023 as Manager, North Operations. Mr. Sundstrom has over 30 years of experience in the oil and gas industry. Mr. Sundstrom's experience has included production [Read more]

Trican Well Service Ltd. Announces First Quarter 2025 Conference Call

Calgary, Alberta--(Newsfile Corp. - March 31, 2025) -  Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its First Quarter 2025 results on Monday, May 12, 2025 after the close of the market. The Company will host a conference call on Tuesday May 13, 2025 at 8:00 a.m. MT (10:00 a.m. ET) to discuss its results for the First Quarter 2025. To listen to the webcast of the conference call, please enter the following URL in your web browser: [Read more]