BOE Report

Cardinal Energy Ltd. announces monthly dividend for June and the release of our 2023 ESG Report

Calgary, Alberta--(Newsfile Corp. - June 10, 2024) - 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, 2024 to shareholders of record on June 28, 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. Cardinal has released our 2023 Environmental, Social and Governance ("ESG") [Read more]

Suncor Energy’s Rich Kruger urges Canada to seize the opportunity its energy resources provide

Calgary, Alberta--(Newsfile Corp. - June 6, 2024) - Suncor (TSX: SU) (NYSE: SU) President and Chief Executive Officer Rich Kruger says Canada can increase its prosperity for the benefit of all Canadians while also mitigating the impacts of climate change if government and industry work together. Kruger appeared today before the House of Commons Standing Committee on Environment and Sustainable Development as part of a panel of executives from Canada's largest energy companies. His opening [Read more]

Saturn Oil & Gas Inc. announces pricing of upsized offering of US$650 million of senior secured second lien notes due 2029

Calgary, Alberta--(Newsfile Corp. - June 5, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") today announced that it has priced its previously announced private placement (the "Offering"), to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), of US $650 million in aggregate principal amount of 9.625% senior secured second lien notes due 2029 (the "Notes") at par. The Offering [Read more]

Saturn Oil & Gas Inc. announces proposed private offering of US$625 million of senior secured second lien notes due 2029

Calgary, Alberta--(Newsfile Corp. - June 4, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF)("Saturn" or the "Company") today announced that, subject to market and other conditions, it intends to offer US$625 million in aggregate principal amount of senior secured second lien notes due 2029 (the "Notes") in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), to eligible purchasers [Read more]

Hemisphere Energy declares special dividend

Vancouver, British Columbia--(Newsfile Corp. - June 4, 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. Given the strong financial position and performance outlook of the Company, Hemisphere is pleased to announce that its board of directors has approved the declaration of a special dividend of C$0.03 per common share. The [Read more]

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]