BOE Report

Cardinal Energy Ltd. Announces First Quarter 2025 Operating and Financial Results

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the first quarter ended March 31, 2025. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2025 First quarter 2025 production of 22,005 boe/d increased by 1% compared to the same period in 2024. Crude oil and NGL production both increased by 3% whereas natural gas production decreased by 10% resulting in [Read more]

Tenaz Energy Corp. announces Q1 2025 results

CALGARY, ALBERTA--(Newsfile Corp. - May 7, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce financial and operating results for the three months ended March 31, 2025. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the [Read more]

Canadian Natural Resources Limited Announces 2025 First Quarter Results

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's Q1/25 results, "We have a long track record of being an industry leading effective and efficient producer while consistently delivering top tier operational and financial performance. All our employees are shareholders, with a strong focus on continuous improvement, consistently driving strong results. In Q1/25 we achieved record quarterly production of [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2025

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2025. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2025 2024 % Petroleum and natural gas sales 142,501 126,391 13 Cash [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.5875 (fifty-eight and three quarter cents). The dividend will be payable on July 3, 2025 to shareholders of record at the close of business on June 13, 2025. As previously announced, in March 2025 the Board of Directors increased the quarterly dividend by 4% per common share. [Read more]

Obsidian Energy Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders

New corporate presentation and management webcast available for replay on website Calgary, Alberta--(Newsfile Corp. - May 7, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce that at our annual and special meeting of shareholders held on May 7, 2025, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2025 Annual and Special Meeting and Management Proxy Circular dated March [Read more]

Saturn Oil & Gas Inc. Announces First Quarter 2025 Results Highlighted by Record Production and Adjusted Funds Flow

Production of 41,680 boe/d represents a new quarterly record for the Company Adjusted funds flow(1) totaled $131.1 million ($0.66/share) with free funds flow(1) of $57.8 million ($0.29/share) Net debt(1) reduced by $46.3 million, or 5%, over year-end 2024 US$15 million open market Senior Notes repurchase below par in April 2025 further improves leverage metrics Calgary, Alberta--(Newsfile Corp. - May 7, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the [Read more]

Obsidian Energy Announces First Quarter 2025 Results

Closed $320 million divestiture of Pembina assets on April 7, 2025, with cash proceeds used to reduce debt level Completed first quarter program with 26 (24.4 net) operated wells rig released and 19 (17.9 net) operated wells brought on production Responded to the market environment by reducing our first half capital program to $165 - $170 million from $185 - $195 million Commenced drilling waterflood injector pilot at the Dawson 4-24 Pad Calgary, Alberta--(Newsfile Corp. - May 7, [Read more]

Greenfire Resources Reports Voting Results from 2025 Annual Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 6, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce the voting results from its annual meeting of shareholders held May 6, 2025 in Calgary, Alberta (the "Meeting"). Voting Results from the Meeting Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 3, 2025 (the "Information Circular"), which is available on SEDAR+ [Read more]

Greenfire Resources Reports First Quarter 2025 Results and Provides an Operational Update

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 in 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]