BOE Report

Cardinal Energy Ltd. announces third quarter 2024 operating and financial results

Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the third quarter ended September 30, 2024. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE THIRD QUARTER OF 2024 Third quarter production of 21,128 boe/d was impacted by a planned Company operated plant turnaround and an unplanned third-party facility turnaround as well as the voluntary shut-in of natural gas [Read more]

Gear Energy Ltd. announces third quarter 2024 operating results

Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca.  Three months ended  Nine months [Read more]

Argo’s September 2024 oil production and update

Toronto, Ontario--(Newsfile Corp. - November 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") September 2024 oil production was a total of 3,565 barrels for the month, averaging 118 barrels per day. Oil prices averaged CDN$68 per barrel and Argo's September oil revenue was $241,198 and net operating cash flow was $163,738. September 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating [Read more]

Kelt Reports financial and operating results for the three and nine months ended September 30, 2024

Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2024. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise indicated) 2024 2023 % 2024 2023 % Petroleum and natural gas [Read more]

Greenfire Resources Ltd. files injunction following cease trade of rights plan; proceeds with strategic review and adopts new shareholder rights plan

Calgary, Alberta--(Newsfile Corp. - November 6, 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 has filed an application with the Court of King's Bench of Alberta seeking an interim injunction to halt the sale of shares to certain limited partnerships managed by Waterous Energy Fund Management ("WEF"), from each [Read more]

Saturn Oil & Gas Inc. reports Q3 2024 results highlighted by record quarterly production, adjusted EBITDA and adjusted funds flow

Calgary, Alberta--(Newsfile Corp. - November 5, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) (FSE: SMKA) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to report our financial and operating results for the three and nine months ended September 30, 2024. Saturn's Financial Statements, as well as Management's Discussion and Analysis ("MD&A") are available on our [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for November 29, 2024 and provides third quarter 2024 webcast details

Calgary, Alberta--(Newsfile Corp. - November 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 November 29, 2024, to shareholders of record on November 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. Third Quarter 2024 Results Webcast Pine Cliff will host a webcast [Read more]

Greenfire Resources provides update on strategic review process, reserves report timeline and announces date for Q3 2024 results and conference call

Calgary, Alberta--(Newsfile Corp. - November 4, 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, today provides an update on its strategic review process and timeline for the updated reserves evaluation. Greenfire intends to release its operating and financial results for the quarter ended September 30, 2024 [Read more]

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

Calgary, Alberta--(Newsfile Corp. - November 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2024 monthly dividend of $0.005 per common share is to be paid on November 29, 2024, to shareholders of record on November 15, 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 President [Read more]

Baytex announces third quarter 2024 results

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise noted). "During the third quarter we generated $220 million of free cash flow, returned $101 million to shareholders through our share buyback program and quarterly dividend, and reduced net debt by 5%. Over the last fifteen months we [Read more]