BOE Report

Obsidian Energy Increases Syndicated Credit Facility

Calgary, Alberta--(Newsfile Corp. - June 23, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today that the aggregate amount available under our syndicated credit facility has increased to $275 million from $235 million, further strengthening the Company's financial position as we prepare to close our previously announced Belly River acquisition and execute on our second half capital program. Highlights: The [Read more]

Supported Take-Over Bid of Burgess Creek Exploration Inc. Deposit Period News Release

Calgary, Alberta--(Newsfile Corp. - June 19, 2026) - Burgess Creek Exploration Inc. ("Burgess Creek" or the "Company") is pleased to announce that Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn") has formally commenced an offer to acquire all of the issued and outstanding common shares in the capital of Burgess Creek (the "Common Shares"), including securities convertible or exchangeable into Common Shares that may become issued and outstanding after the date hereof, but prior to [Read more]

Trican Well Service Ltd. Announces Appointment of Kiren K. Singh to the Board of Directors

Calgary, Alberta--(Newsfile Corp. - June 18, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican") is pleased to announce the appointment of Kiren K. Singh to its Board of Directors, effective June 18, 2026. Ms. Singh will also serve as a member of the Board's Audit Committee and Corporate Governance Committee. Ms. Singh currently sits on the board of Cavvy Energy Ltd., where she chairs the Audit and Risk Committee; and Alberta Cancer Foundation (Audit and Risk Committee and Venture [Read more]

New Poll Finds Strong Majority of British Columbians Support LNG Projects, Energy Development and Exports

Calgary, Alberta--(Newsfile Corp. - June 17, 2026) - A new poll conducted by Nanos on behalf of Canada Action finds widespread support among British Columbians for LNG development, expanded energy infrastructure and increased natural gas exports. The survey found that a strong majority of British Columbians (87%) support building new energy infrastructure projects efficiently. It also found that more than four in five (81%) support a strategy for Canada to become a preferred supplier of [Read more]

Journey Announces Expansion to 2026 Capital Program, Increased Duvernay Drilling, and Provides Updated 2026 Production Guidance

Calgary, Alberta--(Newsfile Corp. - June 16, 2026) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce it has expanded its 2026 capital program and now anticipates participating in 16 gross (4.2 net) Duvernay wells and associated infrastructure. DUVERNAY UPDATE Journey is pleased to announce a significant expansion to its 2026 Duvernay capital program and to provide an update on the current status of operations within its Joint Venture (JV) [Read more]

Argo’s April Oil Production

Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") April 2026 oil production was 2,290 barrels, averaging 76 barrels per day. Oil prices averaged CAD$111 per barrel, and Argo's oil revenue was $253,405 and net operating cash flow was $145,260. April 2026 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 (37.5% [Read more]

Cardinal Energy Ltd. Announces Monthly Dividend for June

Calgary, Alberta--(Newsfile Corp. - June 8, 2026) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our June dividend of $0.06 per common share will be paid on July 15, 2026 to shareholders of record on June 30, 2026. 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 natural gas [Read more]

Obsidian Energy Announces Strategic Belly River Acquisition

Calgary, Alberta--(Newsfile Corp. - June 2, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announced today the acquisition of high-return Belly River light oil assets in the Wilson Creek area of Willesden Green (the "Acquisition"), consolidating the Company's position as the largest Belly River producer and deepening our core light oil development platform. The transaction is immediately accretive to funds flow from operations [Read more]

Obsidian Energy Increases 2026 Capital Program, Targeting 15% Production Growth in 2027

Calgary, Alberta--(Newsfile Corp. - June 1, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") provides an update to our 2026 capital program and guidance, reflecting strong operational results and an improved commodity price outlook. Highlights: Increasing 2026 capital program by ~$100 million to $300 - $325 million, targeting ~15% production growth in 2027, while generating incremental free cash flow ("FCF") [Read more]

Pine Cliff Energy Ltd. Announces Results of Shareholders’ Meeting, Annual Share Unit and Stock Option Grant, and Declares Monthly Dividend for June 30, 2026

Calgary, Alberta--(Newsfile Corp. - May 29, 2026) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce all matters presented for approval at the Annual Meeting of Shareholders on May 29, 2026 (the "Meeting") have been approved. A total of 111,664,320 common shares representing 31.12% of Pine Cliff's issued and outstanding common shares were voted in connection with the Meeting. Each of the five nominees proposed by Pine Cliff and as set out [Read more]