Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "Canadian Natural is a world class company and during our 35 years of operations, we've delivered significant value, including recently reaching a position where, commencing in 2024, we are returning 100% of our free cash flow to our shareholders. Crude oil price forecasts have strengthened for the remainder of 2024, including [Read more]
Pine Cliff Energy Ltd. announces appointment of Officers, declares monthly dividend for May 31, 2024 and first quarter 2024 webcast details
Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce the appointments of Mr. Daniel Keenan P. Eng to the position of Vice President Exploitation and Mr. Austin Nieuwdorp CA, CPA to the position of Vice President Finance and Controller both effective May 1, 2024. Mr. Keenan became part of Pine Cliff in 2016. He holds a Bachelor of Mechanical Engineering Degree from the University of Victoria [Read more]
Gear Energy Ltd. announces first quarter 2024 operating results
Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis for the period ended March 31, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca. Three months ended (Cdn$ thousands, except [Read more]
Argo’s 2023 oil production
Toronto, Ontario--(Newsfile Corp. - May 1, 2024) - Argo Gold Inc.'s (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") total 2023 oil production was 17,553 barrels for the company's first year as an oil producer in the Lloydminster area of Alberta, Canada. Argo's 2023 oil revenue was $952,692 and the company's net operating cash flow for 2023 was $665,917. Year 2023 Argo's oil production Argo's 2023 Oil Revenue Argo's 2023 [Read more]
Saturn Oil & Gas Inc. announces its first development of Cardium wells at Brazeau and continued successful development in Southeast Saskatchewan
Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce the initial production results for its most recently drilled nine gross (9.0 net) wells, including the Company's first development of the Brazeau field in Central Alberta for Cardium light oil and natural gas. In addition, Saturn continued its successful development of conventional horizontal wells in Southeast Saskatchewan, with [Read more]
Gear Energy Ltd. confirms monthly dividend for May of $0.005 per share
Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the May 2024 monthly dividend of $0.005 per common share is to be paid on May 31, 2024, to shareholders of record on May 15, 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]
Suncor Energy to release first quarter 2024 financial results, and hold Annual General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 7, 2024 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the first quarter will be held on May 8, 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 from management. Troy [Read more]
Suncor Energy to hold business update webcast
Calgary, Alberta--(Newsfile Corp. - April 29, 2024) - Suncor (TSX: SU) (NYSE: SU) will host a webcast to provide investors with a Business Update on May 21, 2024 at 7:30 a.m. MT (9:30 a.m. ET). The webcast will provide a near term business outlook, including an update on progress made by the Company to lower its breakeven cost per barrel and increase shareholder returns. Representing management will be Rich Kruger, President and Chief Executive Officer; Kris Smith, Chief Financial Officer; [Read more]
Vital Energy announces 2023 filing of financials and reserves evaluation and results of the Pembina drilling program
Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that the Corporations's 2023 Annual Financial Statements, Management's Discussion and Analysis and Forms 51-101 regarding Statement of Reserves Data and Other Oil and Gas Information have been filed on SEDAR (www.sedarplus.ca) and are also available on the Corporation's website (www.vitalenergyoil.com). On October 25, 2023, the Corporation commenced drilling six (6) horizontal [Read more]
Tuktu Resources Ltd. announces 2023 year-end results and reserves
Calgary, Alberta--(Newsfile Corp. - April 25, 2024) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce the results of its year-end independent oil and gas reserves evaluation as of December 31, 2023 (the "Deloitte Report"), as prepared by its independent reserves evaluator, Deloitte Canada LLP ("Deloitte"), as well as the release of its annual information form ("AIF"), audited annual financial statements ("Financial Statements") and related management's [Read more]
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