BOE Report

Blacksteel Energy Inc. announces appointment of new Chief Executive Officer and Chief Operating Officer

Calgary, Alberta--(Newsfile Corp. - March 21, 2024) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that Mr. Duncan Nightingale has resigned as President, Chief Executive Officer, and Director of the Corporation for personal reasons. Blacksteel is pleased to announce that Arthur Madden, the Corporation's Chief Financial Officer, has agreed to assume the position of President and Chief Executive Officer of the Corporation and join the board of directors. In addition, the [Read more]

Greenfire Resources announces Q4 2023 results, year-end 2023 reserves and continued success of the company’s multi-year drilling program in Q1 2024, including the inaugural Extended Reach Refill Well at the Demo Asset

Calgary, Alberta--(Newsfile Corp. - March 20, 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, is pleased to announce its operating and financial results for the quarter and year ended December 31, 2023; a summary of the Company's 2023 year-end reserves; and an operational update for the first quarter [Read more]

Trican provides updated Q1 2024 dividend payment date

Calgary, Alberta--(Newsfile Corp. - March 20, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announced today an update to its press release entitled "Trican Reports Annual Results for 2023, Declares Quarterly Dividend and Announces 12.5% Dividend Increase" which was issued on February 21, 2024 (the "Initial Press Release"). The Initial Press Release stated that the distribution for the dividend declared would be paid March 29, 2024, which is a statutory holiday (the [Read more]

Journey Energy Inc. announces closing of $38 million “Bought Deal” private placement of Convertible Debentures

Calgary, Alberta--(Newsfile Corp. - March 20, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (the "Company" or "Journey") is pleased to announce that it has closed the previously announced convertible debenture financing lead by Echelon Wealth Partners Inc. (the "Underwriter") pursuant to which 38,000 senior unsecured convertible debentures of the Company (the "Convertible Debentures", each a "Convertible Debenture") at a price of $1,000 per Convertible Debenture were issued for total [Read more]

Gear Energy Ltd. announces February monthly update to shareholders

Calgary, Alberta--(Newsfile Corp. - March 19, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new February 2024 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To [Read more]

Greenfire Resources announces release timing for Q4 2023 results, year-end 2023 reserves and conference call

Calgary, Alberta--(Newsfile Corp. - March 19, 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, is pleased to confirm that the release of its operating and financial results for the quarter and year-ended December 31, 2023, and year-end 2023 reserves, is planned after the market closes on March 20, [Read more]

Coelacanth Energy Inc. announces grant of stock options and restricted share units

Calgary, Alberta--(Newsfile Corp. - March 15, 2024) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 3,885,634 common shares ("Common Shares") of the Corporation and the granting of restricted share units ("RSUs") under its restricted share unit plan to obtain up to an aggregate of 1,942,816 Common Shares to certain of [Read more]

Cardinal Energy Ltd. announces fourth quarter 2023 and year-end financial results

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2023. HIGHLIGHTS FROM THE FOURTH QUARTER AND FULL YEAR OF 2023 Production for the fourth quarter and for the full year of 2023 increased by 4% and 1%, respectively, over the same periods in 2022. Adjusted funds flow(1) for the fourth quarter was $64.0 million and [Read more]

Obsidian Energy completes offer to purchase $2.0 million of our outstanding senior unsecured notes

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced completion of our previously announced offer (the "Offer") to purchase for cash, up to an aggregate amount of $2.0 million of our outstanding 11.95 percent Senior Unsecured Notes due July 27, 2027 (the "Notes"). The Offer expired on March 11, 2024, and was made on the terms and subject to the conditions set forth in the [Read more]

Baytex announces pricing of upsized US$575 million private placement offering of senior notes

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce the pricing and upsize to US$575 million of its previously announced private placement offering (the "Offering") of senior unsecured notes due 2032 (the "Notes"). The Notes will 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. The closing of the Offering is subject to [Read more]