BOE Report

Cardinal Energy Ltd. Announces Closing of $45 Million Bought Deal Offering of Senior Subordinated Unsecured Debentures

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce that it has completed its previously announced offering (the "Offering") of senior subordinated unsecured debentures ("Debentures") with a syndicate of underwriters co-led by CIBC Capital Markets, RBC Capital Markets and ATB Capital Markets, with CIBC Capital Markets and RBC Capital Markets acting as joint-bookrunners, and including BMO Capital Markets, Peters [Read more]

Lycos Energy Inc. Announces 2024 Reserves, Exploratory Drilling Update and the Initiation of a Comprehensive Strategic Review Process to Maximize Shareholder Value

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide the results of the Company's 2024 year-end reserves evaluation as prepared by Sproule International Limited ("Sproule"), an exploratory drilling update and the initiation of a comprehensive strategic review process to identify, examine and consider strategic and financial alternatives available to the Company with the ultimate view of enhancing shareholder value [Read more]

Lotus Creek Exploration Inc. Announces Chief Financial Officer Retirement and Appointment of Interim Chief Financial Officer

Calgary, Alberta--(Newsfile Corp. - March 3, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) announces that David Hwang has retired from his role as Vice-President, Finance and Chief Financial Officer ("CFO") of the Company effective February 28, 2025. The Company is also pleased to announce that Mitchell Harris, who is currently the Controller of the Company, will assume the role of Interim CFO effective immediately. Mr. Hwang has served as the CFO of the [Read more]

Tuktu Resources Ltd. Provides Operational Update on Recent Drilling Operations

Calgary, Alberta--(Newsfile Corp. - February 27, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide an operational update on its current field operations. Tuktu commenced drilling operations and spud its first horizontal well on February 2, 2025. Drilling was completed, and the rig was demobilized on February 21, 2025. This rig has been contracted by another area operator. Aggregate drilling costs are anticipated to be approximately $3.0 [Read more]

Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - February 27, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Obsidian Energy's notice of intention to renew our normal course issuer bid (the "NCIB"). The NCIB allows Obsidian Energy to purchase up to 7,144,408 common shares (representing 10 percent of the Company's public float, as defined by the TSX, as of [Read more]

Suncor Energy Files Annual Disclosure Documents and Renews NCIB

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2024 Annual Report, 2024 Annual Information Form and 2024 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedarplus.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Normal Course Issuer Bid (NCIB) Additionally, the Toronto Stock Exchange (TSX) has [Read more]

Obsidian Energy Announces Launch of an Offer to Purchase up to $3.0 Million of our Outstanding Senior Unsecured Notes

Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we have commenced an offer (the "Offer") to purchase for cash, up to an aggregate amount of $3.0 million (the "Maximum Purchase Consideration") of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027, ISINs CA674482AA25 (Restricted), CA674482AB08 (144A) and CA674482AC80 (Regulation D), CUSIP [Read more]

Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2024 Results to Be Held on March 5, 2025

Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2024 financial and operating results after the close of markets on Tuesday March 4, 2025. A conference call and webcast will be held on Wednesday March 5, 2025 to discuss the results: Date: Wednesday March 5, 2025 Time: 9:00 a.m. MST (11:00 a.m. EST) Registration: For Express Access and Calendar booking, visit our [Read more]

Saturn Oil & Gas Inc. Announces Release Date for Q4 and Full Year 2024 Results and Provides Conference Call / Webcast Details

Calgary, Alberta--(Newsfile Corp. - February 25, 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 assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q4 and full year 2024 financial results, along with our year end 2024 independent reserves evaluation in accordance with National Instrument 51-101, on Thursday, March 13, 2025 after market [Read more]

Obsidian Energy Announces First Half 2025 Capital Program and Guidance

Capital plan of 38 net operated wells weighted towards Peace River asset, following up on our 2024 development program Initiation of Clearwater waterflood program to support future Peace River growth Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce our first half 2025 capital plan and financial guidance that builds on the success of our 2024 program. [Read more]