BOE Report

Suncor Energy increases quarterly dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares representing an increase of approximately 5% over the prior quarter dividend. "The increase is supported by our improved operational performance and is consistent with our focus on growing free funds flow to support strong shareholder returns, which includes [Read more]

Greenfire Resources announces Q3 2023 results, operational update, acceleration of additional drilling into 2023 at the Expansion Asset and two-year drilling commitment to support sustained production growth

Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Greenfire Resources Ltd. (NYSE: 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 ended September 30, 2023. "This is a transformative quarter for Greenfire as we completed our business combination with M3-Brigade [Read more]

Pine Cliff Energy Ltd. announces third quarter 2023 results and mailing of takeover bid circular

Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces third quarter 2023 financial and operating results and mailing of Takeover Bid Circular. Third Quarter 2023 Results Results from the third quarter include: generated $17.1 million ($0.05 per basic and fully diluted share) and $49.0 million ($0.14 per basic and fully diluted share) of adjusted funds flow1 for the three and nine months ended [Read more]

Blacksteel Energy Inc. announces operational updates: completion of additional facility upgrades, addition of highly prospective lands, new opportunity acquisition discussions and drilling permitting for new wells

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce the following operational update. Operational Update Blacksteel started field development work at Girouxville in November of 2022 to upgrade the facilities to comply with appropriate operational standards and install upgrades capable of processing additional fluid and oil volumes. These activities were completed in April 2023 and now provide the [Read more]

Greenfire Resources to announce Q3 2023 results and host conference call

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Greenfire Resources Ltd. (NYSE: 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, confirms the Company intends to release its operating and financial results for the quarter ended September 30, 2023 after markets close on Tuesday, November 14, 2023. Greenfire plans to host a conference call on [Read more]

Resolute Resources announces operational update

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute Resources", "Company", "our" or "we") Operational Update RESOLUTERESLTD HZ ANTHONY 7-24-83-24W5 The RESOLUTERESLTD HZ ANTHONY 7-24-83-24W5 ("Shoreline", "7-24") horizontal multilateral well was drilled with six lateral legs for a total length of approximately 8,500 meters. During drilling, many thousands of meters of oil saturated rock with good gas response were observed. In [Read more]

Baytex receives notice of confirmation for tax reassessment

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that certain of its wholly owned indirect subsidiaries have received a notice of confirmation (the "Confirmation Letters" or "Letters") from the Appeals Division of the Canada Revenue Agency (the "CRA") that deny non-capital loss deductions relevant to the calculation of income taxes for the years 2011 through 2014. As previously disclosed, Baytex received notices of [Read more]

Suncor Energy announces $1.5 billion medium term note offering

All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today that it has priced an offering of $1.5 billion in aggregate principal amount of senior unsecured notes. The offering will be comprised of two tranches, consisting of $1.0 billion principal amount of Series 9 Medium Term Notes due on November 17, 2025 having a coupon of 5.60%, and $500 million principal amount of Series [Read more]

Gear Energy Ltd. announces third quarter 2023 operating results and 2024 budget guidance

Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended Nine months [Read more]

Kelt reports financial and operating results for the three and nine months ended September 30, 2023

Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2023. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise [Read more]