BOE Report

Journey Energy Inc. announces approval of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - August 21, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey", or the "Company") announced today that it has received approval from the Toronto Stock Exchange (the "TSX") to undertake a proposed normal course issuer bid (the "Bid") to purchase up to 4,666,445 common shares, representing approximately 10% of the public float of Journey's outstanding common shares as of August 14, 2024. Purchases under the Bid will be made through the facilities of [Read more]

Hemisphere Energy announces 2024 second quarter results, declares quarterly dividend, and provides operations update

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide its financial and operating results for the three and six months ended June 30, 2024, declare a quarterly dividend payment to shareholders, and provide an operations update. Q2 2024 Highlights Achieved record quarterly production of 3,628 boe/d (99% heavy oil), a 26% increase over the same quarter last year. [Read more]

Argo’s June 2024 oil production

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") June 2024 oil production was a total of 3,214 barrels for the month, averaging 107.5 barrels per day. Oil prices averaged CDN$80.85 per barrel and Argo's June oil revenue was $259,855 and net operating cash flow was $170,750. June 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Greenfire Resources announces Q2 2024 results, updated 2024 outlook and appointment of Chief Operating Officer

Calgary, Alberta--(Newsfile Corp. - August 14, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended June 30, 2024 ("Q2 2024") and an operational update for the third quarter of 2024. The unaudited condensed interim consolidated financial [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for August

Calgary, Alberta--(Newsfile Corp. - August 12, 2024) - Cardinal Energy Ltd. (TSX: CJ)  ("Cardinal" or the "Company") confirms that our August dividend of $0.06 per common share will be paid on September 16, 2024 to shareholders of record on August 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]

Journey announces second quarter 2024 financial and operating results

Calgary, Alberta--(Newsfile Corp. - August 8, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its financial and operating results for the three and six month periods ending June 30, 2024. The complete set of financial statements and management discussion and analysis are posted on www.sedarplus.ca and on the Company's website www.journeyenergy.ca. Highlights for the second quarter are as follows: Generated sales volumes of 11,235 [Read more]

Pine Cliff Energy Ltd. announces second quarter 2024 results and guidance update

Calgary, Alberta--(Newsfile Corp. - August 8, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its second quarter 2024 financial and operating results and guidance update. Second Quarter 2024 Results Generated $10.8 million ($0.03 per basic and fully diluted share) and $21.3 million ($0.06 per basic and fully diluted share) of adjusted funds flow1 for the three and six months ended June 30, 2024, compared to $12.0 million ($0.03 per basic and fully [Read more]

Kelt reports financial and operating results for the three and six months ended June 30, 2024

Calgary, Alberta--(Newsfile Corp. - August 8, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and six months ended June 30, 2024. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 (CA$ thousands, except as otherwise [Read more]

Suncor Energy reports second 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. - August 6, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil [Read more]