BOE Report

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]

Suncor Energy declares dividend

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 21, 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 March 25, 2024 to shareholders of record at the close of business on March 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; [Read more]

Baytex conference call and webcast on fourth quarter and full year 2023 results to be held on February 29, 2024

Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2023 financial operating results after the close of markets on Wednesday February 28, 2024. A conference call and webcast will be held on Thursday February 29, 2024 to discuss the results:  Date:  Thursday February 29, 2024  Time:  9:00 a.m. MST (11:00 a.m. EST)  Dial-in:  1-416-915-3239 (Toronto Local and [Read more]

Altima provides operational update on the Red Earth area

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) (the "Company" or the "Altima") announces that after a thorough review of non-producing wells in the Red Earth area, in Alberta, Altima has identified (3) three additional Keg River wells to bring on production. Work on the 3 wells has begun and is expected to be completed in several days. This will bring the producing total number of wells to (7) seven. The [Read more]