BOE Report

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]

Obsidian Energy Announces Fourth Quarter and Full Year 2024 Results

Generated $432.0 million of funds flow from operations, representing a 14 percent increase over 2023 (22 percent on a per share basis) representing a 14 percent increase over 2023 (22 percent on a per share basis) Average 2024 production increased 16 percent to 37,474 boe/d over 2023 Repurchased and cancelled six percent of shares outstanding for $41.7 million in 2024 2024 capital program increased production, reserves, and funds flow from operations, and added both Clearwater and [Read more]

Journey Energy Inc. Announces Year-End 2024 Reserves; Begins Transformation to Higher Netback Liquids

Calgary, Alberta--(Newsfile Corp. - February 24, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to report its year-end 2024 oil and gas reserves evaluation. 2024 Reserve Report Highlights: Proved developed producing reserves decreased 4% to 35.5 MMboe, with a corresponding decrease of 3% in NPV@10% to $350.3 million. The PDP reserve life index increased to 8.9 years from 8.4 years. Total proved reserves increased 1% to 50.4 MMboe, with a [Read more]

Cardinal Energy Ltd. Announces 2024 Year-End Reserves, Formal Recognition of Reford Thermal Project

Calgary, Alberta--(Newsfile Corp. - February 24, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve report effective December 31, 2024. Consistent with prior years, Cardinal's year-end 2024 non-thermal reserves were evaluated by GLJ Ltd. ("GLJ"). The thermal reserves were independently evaluated by McDaniel & Associates Consultants Ltd. ("McDaniel") (the GLJ report and the McDaniel report being collectively the [Read more]