BOE Report

Journey Energy Provides Preliminary 2025 Guidance and Term Debt Repayment Amendment

Calgary, Alberta--(Newsfile Corp. - January 29, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to provide preliminary guidance for 2025 with a focus on advancing development activities within the Duvernay Joint Venture. 2025 CAPITAL PROGRAM On January 6, 2025, Journey announced initial drilling results on the first 2.0 (0.71 net) wells in its Duvernay joint venture in Central Alberta. In the most recent corporate presentation Journey provided [Read more]

Hemisphere Energy Provides Corporate Update, Declares Quarterly Dividend, and Announces 2025 Guidance

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide a corporate update, announce the declaration of a quarterly dividend payment to shareholders, and deliver guidance for 2025. Corporate Update In 2024, Hemisphere achieved annual production growth of 10%, executed a $22 million capital expenditure program, and increased its positive year-end working capital [Read more]

Gear Energy Ltd. Reiterates Voting Instructions for Shareholder Meeting and Announces Leading Proxy Advisor Recommends Voting for Arrangement

Special Meeting of Gear Shareholders to be held on February 3, 2025 at 10:00 a.m. (Calgary time) (the "Meeting") Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) reiterates instructions to shareholders of Gear (the "Gear Shareholders") on how to vote their Gear common shares (the "Gear Shares") for the previously announced plan of arrangement (the "Arrangement"), pursuant to which a large publicly traded company will [Read more]

Tuktu Resources Ltd. Announces Initial 2025 Capital Budget

Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its initial 2025 capital budget. The Company's board of directors has approved a capital budget of $6.85 million for the first six months of 2025, which will be used for drilling, completing and equipping one horizontal well and for land acquisitions and production optimization projects. The Company will monitor results from its operations and consider an [Read more]

Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Calgary, Alberta--(Newsfile Corp. - January 23, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation is available to shareholders and can be accessed via the following link January 2025 Corporate Presentation. In addition, Kevin Johnson, President & CEO, has prepared a recorded video of this presentation that is intended to provide additional value to shareholders. This video can be accessed via the following link Corporate [Read more]

Canadian Natural Resources Limited Cautions Investors Regarding TRC Capital’s Below Market “Mini-Tender” Offer

Calgary, Alberta--(Newsfile Corp. - January 22, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") has received notice of an unsolicited "mini-‍tender" offer made by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 2,500,000 Canadian Natural common shares, or approximately 0.12% of Canadian Natural's outstanding shares, at a price of C$43.25 per share. The offering price represents a discount of 4.44% to the closing price [Read more]

Suncor Energy to Release Fourth Quarter 2024 Financial Results

Calgary, Alberta--(Newsfile Corp. - January 22, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 5, 2025 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the fourth quarter will be held on February 6, 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 [Read more]

Coelacanth Energy Inc. Announces Grant of Stock Options and Restricted Share Units

Calgary, Alberta--(Newsfile Corp. - January 20, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 3,877,378 common shares ("Common Shares") of the Corporation and the granting of restricted share units ("RSUs") under its restricted share unit plan to obtain up to an aggregate of 2,657,622 Common Shares to certain [Read more]

Pine Cliff Energy Ltd. Announces Natural Gas Supply Agreement for an Alberta Data Centre Development

Calgary, Alberta--(Newsfile Corp. - January 17, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has entered into definitive agreements with a private company ("PrivateCo") for the supply of between 3.2 MMcf/d1 and 4.8 MMcf/d1 of natural gas for an initial term of 25 years pursuant to a natural gas supply agreement ("Supply Agreement"). PrivateCo has agreed to construct and operate a data centre (the "Data Centre") not [Read more]

Tuktu Resources Ltd. Provides Operational Update

Calgary, Alberta--(Newsfile Corp. - January 15, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide an operational update on its discovery well. On December 3, 2024, the Company issued a press release indicating that its discovery well was brought on production after an extended shut-in period due to normal-course, regulatory requirements. Prior to the obligatory shut-in period, which commenced on October 8, 2024, the well produced at an average rate of [Read more]