BOE Report

Argo Oil Update

Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") participated at its pro rata interest of 18.75% in a second horizontal oil well at Lloyd in the General Petroleum (GP) Formation. Lloyd 2 was drilled in late August, equipped in early September, and is now on production. Lloyd 2 is participation in a fourth oil well for Argo; in addition to Lindbergh 1, Lloyd 1 and Lindbergh [Read more]

Tuktu Resources LTD. provides production update of its light oil discovery

Calgary, Alberta--(Newsfile Corp. - September 16, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to provide a production update on its new light oil pool discovery in the southern Alberta Deep Basin, which was announced July 30, 2024. Over the last 30 days of production (August 17, 2024 through September 15, 2024) the well averaged 413 bbl/d fluid (408 bbl/d oil) and over the last seven (7) days of production (September 9, 2024 through September 15, 2024), the [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for September

Calgary, Alberta--(Newsfile Corp. - September 9, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our September dividend of $0.06 per common share will be paid on October 15, 2024 to shareholders of record on September 30, 2024. 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]

Argo’s July 2024 Oil Production

Toronto, Ontario--(Newsfile Corp. - September 9, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") July 2024 oil production was a total of 2,947 barrels for the month, averaging 95 barrels per day. Oil prices averaged CDN$81.79 per barrel and Argo's June oil revenue was $241,065 net operating cash flow was $161,982. July 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Obsidian Energy announces strong Peace River results and upwardly revised guidance

• Increased August average production to ~40,000 boe/d (based on internal field estimates) • Grew Peace River total average production to ~11,500 boe/d, which included ~3,800 boe/d of Clearwater production (based on internal field estimates) • Revised 2024 guidance range upwardly to reflect higher production midpoint Calgary, Alberta--(Newsfile Corp. - September 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for September 27, 2024

Calgary, Alberta--(Newsfile Corp. - September 4, 2024) - 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 September 27, 2024, to shareholders of record on September 16, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil [Read more]

Gear Energy Ltd. Confirms Monthly Dividend for September of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - August 30, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the September 2024 monthly dividend of $0.005 per common share is to be paid on September 27, 2024, to shareholders of record on September 13, 2024. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Johnson President & CEO 403-538-8463 David Hwang Vice [Read more]

Coelacanth announces Q2 2024 financial and operating results

Calgary, Alberta--(Newsfile Corp. - August 29, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2024. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended Six Months Ended June 30 June 30 ($000s, except per share amounts) 2024 2023 % Change 2024 2023 % [Read more]

Saturn Oil & Gas Inc. announces Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - August 23, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that Saturn has received acceptance from the Toronto Stock Exchange ("TSX") in respect of its intention to make a normal course issuer bid (the "NCIB") to purchase and cancel up to 11,306,825 of its outstanding common shares ("Common Shares") during the one-year period from August 27, 2024 to August 26, 2025 (the "Expiry [Read more]

Lycos Energy Inc. announces second quarter financial results and operations update

Calgary, Alberta--(Newsfile Corp. - August 22, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2024. Selected financial and operating information is outlined below and should be read with Lycos' unaudited condensed interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2024. These [Read more]