BOE Report

Kelt reports financial and operating results for the three months ended March 31, 2024

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2024. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2024 2023 % Petroleum and natural gas [Read more]

Saturn Oil & Gas announces filing of prospectus supplement

Calgary, Alberta--(Newsfile Corp. - May 8, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that in connection with its previously announced bought-deal subscription receipt financing for aggregate gross proceeds of approximately $100 million (the "Offering"), the Company has filed a prospectus supplement (the "Prospectus Supplement") to its short form base shelf prospectus dated May 19, 2022, as amended pursuant to [Read more]

Journey Energy Inc. enters into a Joint Venture for developing its joint Duvernay lands in the West Shale Basin

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (the "Company" or "Journey") is pleased to announce that it has entered into an agreement with Spartan Delta Corp. ("Spartan") to jointly develop a block of land in the west shale basin of the Duvernay oil and liquids fairway. The Joint Venture (the "JV") block of land covers 128 sections in the oil window of the Duvernay where shale thickness is approximately 30-40 meters. The initial working [Read more]

Pine Cliff Energy Ltd. announces first quarter 2024 results and information regarding the Annual Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its first quarter 2024 financial and operating results, an operational update and information regarding the annual meeting of shareholders. First Quarter 2024 Results Results for the three months ended March 31, 2024 are as follows: Generated $10.5 million of adjusted funds flow1 ($0.03 per basic and fully diluted share) compared to $19.8 million ($0.06 per [Read more]

Suncor Energy reports first quarter 2024 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production [Read more]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable June 25, 2024 to shareholders of record at the close of business on June 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum [Read more]

Suncor Energy reports voting results from Annual General Meeting

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 877,654,867 shares (approximately 68.19% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following eleven board members (ten of whom are independent), with shares represented at the meeting voting in favour of individual directors as [Read more]

Argo’s March 2024 oil production

Toronto, Ontario--(Newsfile Corp. - May 7, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") March 2024 oil production was a total of 3,269 barrels for the month, averaging 105 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's March oil revenue was $239,334 and net operating cash flow was $138,860. March 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash [Read more]

Canadian Natural Resources Limited reports voting results at Annual and Special Meeting

Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 2, 2024. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes For Votes Withheld               Catherine M. [Read more]

Canadian Natural Resources Limited announces further details regarding share split

Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that it has set June 3, 2024 as the record date (the "Record Date") for the previously announced two for one split of its common shares (the "Share Split"). The Share Split was approved by shareholders of Canadian Natural at its annual and special meeting of shareholders held on May 2, 2024. On June 10, 2024 (the "Payment Date"), shareholders of record [Read more]