BOE Report

Obsidian Energy announces filing of resale shelf registration statement for administrative purposes

Calgary, Alberta--(Newsfile Corp. - August 5, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced that it has filed a resale shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the "SEC") on August 2, 2024, for administrative purposes related to the holdings of Stephen Loukas, the Company's President and Chief Executive Officer and John Brydson, an independent member of the Board of [Read more]

Pine Cliff Energy Ltd. Declares Monthly Dividend for August 30, 2024 and Provides Second Quarter 2024 Webcast Details

Calgary, Alberta--(Newsfile Corp. - August 2, 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 August 30, 2024, to shareholders of record on August 15, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. Second Quarter 2024 Results Webcast Pine Cliff will host a webcast at [Read more]

Cardinal Energy Ltd. Announces Second Quarter 2024 Operating and Financial Results

Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the second quarter ended June 30, 2024. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2024 Average production volumes of 22,376 boe/d were 3% higher than the first quarter of 2024, despite shutting in 250 boe/d of subeconomic natural gas, as volumes from the Company's strong first quarter drilling [Read more]

Obsidian Energy Announces Second Quarter 2024 Results

Grew year-over-year average daily production by 15 percent to 35,773 boe/d Increased funds flow from operations by 41 percent on a per share basis to $115.2 million ($1.51 per share) Completed first half capital program with 34 (33.4 net) operated wells rig released and 33 (32.4 net) wells brought on production Completed the Peace River Clearwater acquisition, expanding our land base to 680 net sections with the addition of 148 net sections and production of 1,700 boe/d [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.525 (fifty two and one-half cents) per common share. The dividend will be payable on October 4, 2024 to shareholders of record at the close of business on September 13, 2024. The Company has a leading track record of dividend increases, with 2024 being the 24th consecutive year of [Read more]

Canadian Natural Resources Limited Announces 2024 Second Quarter Results

Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's second quarter results, "The strength of our well-balanced and diverse portfolio, combined with Canadian Natural's ability to execute safe, effective and efficient operations, delivered an excellent second quarter. Canadian Natural strategically managed turnaround activities and optimized production resulting in strong Q2/24 volumes of approximately [Read more]

Gear Energy Ltd. Announces Second Quarter 2024 Operating Results and August Monthly Dividend of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - July 31, 2024) - Gear Energy Ltd. (“Gear” or the “Company”) (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following second quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca. Three months ended Six months [Read more]

Saturn Oil & Gas Inc. Reports Q2 2024 Financial and Operational Results Highlighted by Record Quarterly Production and Adjusted Funds Flow

Calgary, Alberta--(Newsfile Corp. - July 30, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2024. "Saturn's capital structure changes implemented in Q2 2024, in conjunction with a major acquisition, will serve as an inflection point in establishing the Company as a leading independent growing energy producer in Western Canada." commented [Read more]

Trican Reports Second Quarter Results for 2024 and Declares Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - July 30, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its second quarter results for 2024. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited interim consolidated financial statements and related notes for the three and six months ended June 30, 2024, as well as the Annual Information Form ("AIF") for the year ended December 31, 2023. [Read more]

Tuktu Resources Ltd. announces light oil discovery and land earning under previously announced farm-in agreement

Calgary, Alberta--(Newsfile Corp. - July 30, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the earning on the Company's recently executed farm-in agreement and successful test of a new oil zone in the deep basin of southern Alberta. As previously announced, on July 17, 2024, the Company executed a definitive agreement (the "Agreement") with an arm's length private company to farm-in on certain undeveloped rights in the Southern Alberta deep basin. [Read more]