BOE Report

Greenfire Resources Announces New President and Departure of Senior Executives

Calgary, Alberta--(Newsfile Corp. - February 11, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today announced the appointment of Colin Germaniuk, P.Eng., as President and Adam Waterous as Executive Chairman of the Company. Mr. Germaniuk will report directly to Adam Waterous. Mr. Germaniuk brings extensive experience in thermal oil operations to Greenfire. Prior to joining Greenfire, Mr. Germaniuk spent eight years at Serafina Energy Ltd., a private [Read more]

Lotus Creek Exploration Inc. Announces Listing on TSX Venture Exchange

Calgary, Alberta--(Newsfile Corp. - February 11, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange (the "TSXV") to list the common shares of Lotus Creek (the "Lotus Creek Shares") on the TSXV as a Tier 1 Oil and Gas Issuer. Trading in respect of the Lotus Creek Shares will commence at market open on February 11, 2025, under the symbol "LTC". There are 40,000,000 Lotus Creek [Read more]

Tenaz Energy Corp. announces renewal of normal course issuer bid

CALGARY, ALBERTA--(Newsfile Corp. - February 11, 2025) - Tenaz Energy Corp. ("Tenaz", "our", "we", or the "Company") (TSX: TNZ) is pleased to announce that we have received Toronto Stock Exchange ("TSX") approval of our notice of intention to make a Normal Course Issuer Bid ("NCIB"). The NCIB will commence on February 14, 2025 and end on February 13, 2026, or such earlier date as we may determine or we may complete purchases pursuant to the NCIB. The NCIB will be funded from current cash-on-hand [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for February

Calgary, Alberta--(Newsfile Corp. - February 10, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our February dividend of $0.06 per common share will be paid on March 17, 2025 to shareholders of record on February 28, 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 [Read more]

Suncor Energy Reports Fourth Quarter 2024 Results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production [Read more]

Suncor Energy Declares Dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.57 per share on its common shares, payable March 25, 2025 to shareholders of record at the close of business on March 4, 2025. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; [Read more]

Pine Cliff Energy Ltd. Declares Monthly Dividend for February 28, 2025

Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.005 per common share to be paid February 28, 2025, to shareholders of record on February 14, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. 2024 Year-End Results Webcast Pine Cliff will host a webcast at [Read more]

Gear Energy Ltd. Announces Completion of Previously Announced Plan of Arrangement and Transfer of Assets to Newly Formed Lotus Creek Exploration Inc.

Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") and Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek") are pleased to announce the completion of the acquisition by a large publicly traded company of all of the outstanding common shares of Gear (the "Gear Shares") pursuant to its previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement") including all [Read more]

Obsidian Energy Announces Increase in 2024 Reserves Across All Categories

Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") reserves, proved ("1P") reserves, and proved plus probable("2P") reserves basis, respectively 1P reserve value increased 23 percent on a per share basis to $2.3 billion (before-tax, discounted at 10 percent) Added 107 new locations to our 2P Peace River reserves, totalling 160 net locations for the area Calgary, Alberta--(Newsfile Corp. - February 4, 2025) - [Read more]

Tuktu Resources Ltd. Announces Expansion of Deep Basin Land Position in Southern Alberta and First Horizontal Well

Calgary, Alberta--(Newsfile Corp. - February 4, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce a significant expansion of its prospective land base adjacent to its new pool discovery in the light oil-prone southern Alberta deep basin. Land Expansion Through a combination of crown land sales and various transactions with freehold mineral rights owners, Tuktu has increased its land position by approximately 27.75 gross sections. In total, Tuktu now [Read more]