BOE Report

Lycos Energy Inc. announces operations update highlighted by wine rack drilling outperformance and updated 2024 guidance

Calgary, Alberta--(Newsfile Corp. - April 3, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide an operations update, preliminary first quarter production results and an increase to guidance. Q1 2024 production is expected to average in excess of 3,800 boe/d (99% crude oil) with forecasted Q2 2024 average production expected to exceed 4,500 boe/d (99% crude oil).  Drilling operations will continue through break up with 7 to 9 wells expected to be drilled in [Read more]

Saturn Oil & Gas Inc. announces annual incentive award grants

Calgary, Alberta--(Newsfile Corp. - April 2, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") today announced that it has granted its annual incentive award grants under the terms of its shareholder approved omnibus long term incentive plan ("LTIP"). The annual grant includes 2,653,518 Restricted Share Units ("RSUs") and 622,530 Performance Share Units ("PSUs") issued to directors, officers and employees of the Company. The awards may be [Read more]

Saturn Oil & Gas Inc. announces sale of non-core Deer Mountain property

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce the Company has entered into a definitive agreement with a private operator to sell its non-core Deer Mountain property in North Alberta (the "Deer Mountain Block") for cash of $27 million, less customary closing adjustments. The Deer Mountain Block had production of approximately 800 boe/d(1) (93% oil and NGLs) in March 2024, [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for April 30, 2024

Calgary, Alberta--(Newsfile Corp. - April 1, 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 April 30, 2024, to shareholders of record on April 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further [Read more]

Trican Well Service Ltd. announces first quarter 2024 conference call

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its First Quarter 2024 results on Monday, May 13, 2024 after the close of the market. The Company will host a conference call on Tuesday May 14, 2024 at 10:00 a.m. MT (12:00 p.m. ET) to discuss its results for the First Quarter 2024. To listen to the webcast of the conference call, please enter the following URL in your web browser: [Read more]

Baytex announces closing of US$575 million private placement offering of Senior Notes

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private placement offering (the "Offering") of US$575 million aggregate principal amount of senior unsecured notes due 2032 (the "Notes"). The Notes bear interest at a rate of 7.375% per annum and mature on March 15, 2032. The Notes were priced at 99.266% of par to yield 7.500% per annum. Baytex intends to use the net proceeds from the Offering to [Read more]

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

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the April 2024 monthly dividend of $0.005 per common share is to be paid on April 30, 2024, to shareholders of record on April 15, 2024. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance [Read more]

Journey Energy provides updated 2024 guidance

Calgary, Alberta--(Newsfile Corp. - March 28, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to provide updated guidance for 2024 with a focus on advancing its power business, and improving long-term sustainability. 2024 CAPITAL PROGRAM Upon closing the previously announced convertible debenture financing on March 20, 2024, Journey used a portion of the net proceeds of $36.6 million to retire the remaining vendor-take-back debt of $11.0 [Read more]

Greenfire Resources announces filing of annual report on Form 20-F for fiscal year 2023

Calgary, Alberta--(Newsfile Corp. - March 26, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today confirms that the Company's annual report on Form 20-F for the year ended December 31, 2023, has been filed with the United States Securities and Exchange Commission ("SEC"). This annual report on [Read more]

Suncor Energy files annual disclosure documents

Calgary, Alberta--(Newsfile Corp. - March 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2023 Annual Report, 2023 Annual Information Form and 2024 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedarplus.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor's 2023 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is [Read more]