BOE Report

Suncor Energy to Release Third Quarter 2024 Financial Results

Calgary, Alberta--(Newsfile Corp. - October 22, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 12, 2024 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the third quarter will be held on November 13, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks [Read more]

Cardinal Energy Ltd. announces monthly dividend for October

Calgary, Alberta--(Newsfile Corp. - October 11, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our October dividend of $0.06 per common share will be paid on November 15, 2024 to shareholders of record on October 31, 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 Energy provides update on term debt rescheduling and operations

Calgary, Alberta--(Newsfile Corp. - October 10, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to provide an operational and activity update. Third quarter, 2024 financial results are scheduled to be released on November 7, 2024. TERM-DEBT REPAYMENT UPDATE Journey and its long-term capital provider and largest shareholder, Alberta Investment Management Corporation ("AIMCo"), have reached an agreement today to amend the repayment terms of its [Read more]

Obsidian Energy announces syndicated credit facility increase to $300 million

Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the substantial repayment of our term loan (the "Term Loan"). The aggregate amount available on our Credit Facility has increased to $300 million from $260 million with the addition of ICBC Standard Bank Plc. to the Company's banking [Read more]

Argo’s August 2024 oil production

Toronto, Ontario--(Newsfile Corp. - October 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") August 2024 oil production was a total of 3,154 barrels for the month, averaging 102 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's August oil revenue was $230,111 net operating cash flow was $156,699. August 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Greenfire Resources announces future growth plans, including projects under development to increase net facility production capacity by 74%, representing significant potential value for shareholders

Calgary, Alberta--(Newsfile Corp. - October 7, 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 the Company's future growth plans, which represent significant potential value for shareholders. Highlights of the Company's Future Growth Plans include: Implementation of a modernized [Read more]

Coelacanth Energy Inc. announces $52 million revolving bank credit facility and fall drilling program

Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has secured a $52 million bank credit facility and has commenced a 4-well drilling program at Two Rivers East. TWO RIVERS EAST PROJECT Coelacanth has commenced drilling on the 5-19 Pad at Two Rivers East with the first well spud on September 1st. The complete program consists of drilling and completing 3 Lower Montney wells, completing 1 previously [Read more]

Canadian Natural Resources Limited announces increased quarterly dividend

Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that, in conjunction with the acquisition of Chevron Canada Limited's ("Chevron") Alberta assets and as a result of Canadian Natural's significant free cash flow, including targeted additional free cash flow generation from the acquired assets and the Company's strong financial position, the Board of Directors have agreed to increase the quarterly cash dividend by 7% to [Read more]

Canadian Natural Resources Limited announces the acquisition of Chevron’s Alberta assets and a 7% dividend increase

Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that it entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited ("Chevron") its 20% interest in the Athabasca Oil Sands Project ("AOSP"), which includes 20% of the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility. This acquisition brings [Read more]

Resolute Resources Ltd completes sale of wholly owned subsidiary

Calgary, Alberta--(Newsfile Corp. - October 4, 2024) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute" or the "Company") is pleased to announce the successful closing of the transaction, previously announced on July 29, 2024, to sell its now former sole direct wholly-owned subsidiary, Resolute Resources Limited (the "Subsidiary"), to a private arm's length purchaser (the "Purchaser") for cash consideration of $75,000. The Subsidiary encompasses all oil and gas assets previously held by the [Read more]