BOE Report

Lotus Creek Exploration Inc. Announces Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company")announces that as pursuant to the Company's terms and conditions of its stock option plan, the Lotus Creek Board of Directors has approved the grant of 1,667,553 stock options to certain Directors and Officers. The stock options expire 30 business days following the date of vesting of the grant and are exercisable at a price of $1.34 per common share. The stock options [Read more]

Canadian Natural Resources Limited Announces 2024 Fourth Quarter and Year End Results

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2024 fourth quarter and year end results, "2024 was an excellent year for us, as we achieved strong growth and set several new production records from our base operations, before including acquisitions that closed in 2024. Additionally, including acquisitions, we achieved record annual average production of over 1,363,000 BOE/d in 2024, which includes [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 4% increase to its quarterly cash dividend on its common shares to C$0.5875 (fifty-eight and three quarter cents) per common share, up from the previous quarterly cash dividend of $0.5625 (fifty-six and one quarter cents) per common share. The dividend will be payable on April 4, 2025 to shareholders of record at the close of business on [Read more]

Pine Cliff Energy Ltd. Announces 2024 Annual Results, Filing of Disclosure Documents, Increase in Year-End Reserves, Dividend Declaration and Corporate Outlook

Calgary, Alberta--(Newsfile Corp. - March 5, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces its 2024 annual results, filing of disclosure documents, year-end reserves and dividend declaration. Q4 2024 and 2024 financial highlights include: Generated $8.6 million ($0.02 per basic and fully diluted per share) and $38.0 million ($0.11 per basic and per fully diluted share) of adjusted funds flow1 for the three months and year ended [Read more]

Baytex Announces Fourth Quarter and Full Year 2024 Financial and Operating Results and Year End Reserves

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "Our strong 2024 results speak to our disciplined, returns-based capital allocation philosophy that delivers increased per-share returns. In 2024, we generated 10% production per share growth and grew reserves per-share across all [Read more]

Baytex Announces Quarterly Dividend for April 2025

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on April 1, 2025 for shareholders of record on March 14, 2025. The U.S. dollar equivalent amount is approximately US$0.0158 per share assuming a foreign exchange rate of 1.42 CAD/US. Payments to shareholders who are not residents of Canada will be net of any [Read more]

Blacksteel Energy Inc. Announces Agreement for the Sale of Girouxville Assets

Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that Blacksteel Energy Inc. and its 100% subsidiary Drakkar Energy Ltd. has signed an Agreement for Purchase and Sale ("APS") dated March 3, 2025, between Perthro (Canada) Inc. ("Perthro") ("Buyer") pursuant to which Blacksteel has agreed to sell all of its oil producing assets in the Girouxville Area ("Assets") to Perthro for a base purchase price of $2.6 million (the [Read more]

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]