BOE Report

Pine Cliff Energy Ltd. declares monthly dividend for June 28, 2024

Calgary, Alberta--(Newsfile Corp. - June 3, 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 June 28, 2024, to shareholders of record on June 14, 2024. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a [Read more]

Gear Energy Ltd. confirms monthly dividend for June of $0.005 per share

Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the June 2024 monthly dividend of $0.005 per common share is to be paid on June 28, 2024, to shareholders of record on June 14, 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 Finance & [Read more]

Argo’s April 2024 oil production

Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2024 oil production was a total of 2,842 barrels for the month, averaging 95 barrels per day. Oil prices averaged CDN$83 per barrel and Argo's April oil revenue was $235,869 and net operating cash flow was $133,739. April 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Vital Energy announces new CFO

Calgary, Alberta--(Newsfile Corp. - May 31, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") is pleased to announce that Mr. Zhen Jiang has been appointed as the Chief Financial Officer of the Corporation effective as of June 1, 2024. Zhen brings a wealth of experience and expertise to the role. Robert Gillies, the Corporation's former Chief Financial Officer, will retire from his position effective as of May 31, 2024. The Corporation would like to thank Mr. Gillies for his exceptional [Read more]

Hemisphere Energy announces results from Annual General and Special Meeting of Shareholders

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") announces the results of its Annual General and Special Meeting of Shareholders that was held today. Annual General and Special Meeting of Shareholders ("AGSM") A total of 46,475,140 common shares were voted, representing 47.45% of total shares issued and outstanding as at the April 11, 2024 record date of the AGSM. Shareholders voted in [Read more]

Coelacanth announces Q1 2024 financial and operating results

Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2024. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended March 31 ($000s, except per share amounts)  2024   2023  % Change Oil and natural gas [Read more]

Hemisphere Energy announces 2024 first quarter results, declares quarterly dividend, renews credit facility, and provides operations update

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the first quarter ended March 31, 2024, declares a quarterly dividend payment to shareholders, renews credit facility, and provides operations update. Q1 2024 Highlights Produced a quarterly average of 3,133 boe/d (99% heavy oil), including significant downtime in January and early February [Read more]

Obsidian Energy announces Peace River acquisition and increased 2024 average production guidance

•  Peace River Peavine and Gift Lake acquisition provides additional production, reserves and development potential along the Clearwater trend from our successful Dawson field •  2024 Guidance revised to reflect the acquisition, reduced capital expenditures and higher average production, funds flow from operations and free cash flow with oil / liquids weighting increased to 70 percent Calgary, Alberta--(Newsfile Corp. - May 28, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) [Read more]

Obsidian Energy announces 2024 development program results above expectations

Substantially completed active first half development program with 32 (31.4 net) operated wells rig released and 30 (29.4 net) operated development wells brought on production to date Robust results from our Peace River Dawson Clearwater development area are encouraging with 1,330 boe/d production (100 percent oil) over the last 30 days Pembina Cardium Unit #9 ("PCU#9") 6-08 Pad wells onstream with a gross average 30-day initial production rate of 403 boe/d (81 percent oil) per [Read more]

Saturn Oil & Gas Inc. announces voting results of AGM

Calgary, Alberta--(Newsfile Corp. - May 28, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce the voting results of its Annual General and Special Meeting of shareholders (the "Meeting") held on May 28, 2024. Saturn is pleased to report that that all matters presented at the Meeting were approved. A total of 102,320,139 common shares representing 63.34% of the total 161,544,643 outstanding common shares ("Common [Read more]