BOE Report

Altima Announces Strategic Asset Acquisition in Alberta, Canada

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2024) - Altima Resources Ltd. (TSXV: ARH) (OTC Pink: ARSLF) (the "Company" or "Altima") is pleased to announce the closing of a Purchase and Sale Agreement dated August 30, 2024 ("the PSA") with Uriel Gas Holdings Corp. ("Uriel") with an effective date of August 1, 2024 pursuant to which Altima has acquired the Assets (as herein after defined) for a price of $450,000 (the "Purchase Price") payable in cash (paid). This amount is [Read more]

Hemisphere Energy declares special dividend and provides operations update

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that its board of directors has approved the declaration of a special dividend to shareholders and provide an update from field operations. Special Dividend Given the strong financial position and performance outlook of the Company, Hemisphere is pleased to announce that its board of directors has approved the [Read more]

Greenfire announces deferred consideration of the Shareholder Rights Plan by the Toronto Stock Exchange

Calgary, Alberta--(Newsfile Corp. - September 20, 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 announces that it has filed the Greenfire shareholder protection rights plan agreement (the "Rights Plan") with the Toronto Stock Exchange (the "TSX") and that it has been notified by the TSX that the TSX will defer [Read more]

Suncor announces Tender Offers for certain outstanding series of notes

Calgary, Alberta--(Newsfile Corp. - September 19, 2024) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below (collectively, the "Notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to C$800 million (collectively, the "Tender Offers"). Title of Security(1) CUSIP/ISIN Principal Amount Outstanding Maximum [Read more]

Greenfire Resources announces appointment of Interim Chairman and adoption of shareholder rights plan in response to Waterous Energy Fund’s agreement to acquire Greenfire shares

Calgary, Alberta--(Newsfile Corp. - September 19, 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 acknowledges the announcement on September 16, 2024 by Waterous Energy Fund Management Corp. ("WEF Manager") in its capacity as manager of certain limited partnerships (collectively, "WEF"), that it has entered into [Read more]

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]