BOE Report

Gear Energy Ltd. announces January monthly update to shareholders

Calgary, Alberta--(Newsfile Corp. - February 23, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new January 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 Email: info@gearenergy.com Website: www.gearenergy.com David Hwang Vice President Finance & CFO 403-538-8437 To [Read more]

Cardinal Energy Ltd. announces 2023 year-end reserves

Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to present the results of its independent reserve report effective December 31, 2023. One hundred percent of Cardinal's year-end 2023 reserves were evaluated by independent reserves evaluator GLJ Ltd. ("GLJ") with an effective date of December 31, 2023 (the "2023 Reserve Report"). The 2023 financial information in this news release is unaudited and accordingly, such [Read more]

Saturn Oil & Gas Inc. announces closing of $50 million bought deal private placement offering

Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that, further to the Company's February 6, 2024 press release, it has closed its previously announced bought deal private placement offering (the "Offering"). Pursuant to the Offering, the Company issued a total of 22,223,000 common shares ("Common Shares") at a price of $2.25 per Common Share for aggregate gross proceeds of [Read more]

Obsidian Energy confirms filing of its 2023 year end disclosure documents

Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2023, and related Management's Discussion and Analysis ("MD&A"). Obsidian Energy has also filed its Annual Information Form for the year ended December 31, 2023, which includes [Read more]

Kelt reports significant increases in oil & gas reserves and provides an operations update

Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports on its oil & gas reserves and production for the year ended December 31, 2023. Kelt retained Sproule Associates Limited ("Sproule"), an independent qualified reserve evaluator, to prepare a report on its oil and gas reserves. The report is effective as of December 31, 2023. The Company has a Reserves Committee which oversees the selection, qualifications and reporting [Read more]

Obsidian Energy announces fourth quarter and full year 2023 results

•  Average 2023 production increased five percent over 2022 and 12 percent on a per share basis •  Generated funds flow from operations of $377.6 million and free cash flow of $58.5 million •  Repurchased and cancelled six percent of shares outstanding for $47.4 million Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report strong operating and financial results [Read more]

Trican reports annual results for 2023, declares quarterly dividend and announces 12.5% dividend increase

Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its annual results for 2023. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the consolidated financial statements and related notes of Trican for the year ended December 31, 2023, as well as the Annual Information Form ("AIF") for the year ended December 31, 2023. All of these documents [Read more]

Suncor Energy reports fourth quarter 2023 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 announces upcoming changes to its Board of Directors

Michael Wilson and Dennis Houston to retire from the Board Russell Girling to be appointed Chair of the Board Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) announced the upcoming retirement of two members of its Board of Directors. Michael Wilson, Chair of the Board, has been a member of Suncor's Board since 2014 and has served as Chair since 2017. Dennis Houston has been a member of the Board since 2018 and has served most recently on the [Read more]

Gear Energy Ltd. announces fourth quarter 2023 operating results and year-end reserves summary and the filing of a Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following fourth quarter operating results and annual reserves summary to shareholders. Gear's Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca. Three months [Read more]