BOE Report

Hemisphere Energy recognized as Top 50 TSX Venture Exchange Company

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange ("TSXV") for the third consecutive year. The 2024 TSXV 50 showcases the top 50 of over 1,600 TSXV issuers across five sectors: energy, mining, clean technology, life sciences, diversified industries, and technology. The ranking is an [Read more]

Suncor Energy to release fourth quarter 2023 financial results

Calgary, Alberta--(Newsfile Corp. - February 15, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 21, 2024 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the fourth quarter will be held on February 22, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from [Read more]

Obsidian Energy sets record straight regarding Woodland Cree First Nation misleading statements

Calgary, Alberta--(Newsfile Corp. - February 13, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today expressed our deep disappointment with the Woodland Cree First Nation (the "WCFN") senior leadership's misleading statements issued in a news release yesterday and their decision to address what Obsidian Energy believes to be the WCFN's commercial concerns in this manner. Negotiations between Obsidian Energy and the WCFN [Read more]

Cardinal Energy Ltd. announces February dividend and operational update

Calgary, Alberta--(Newsfile Corp. - February 12, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is announcing its February 2024 dividend and providing a general operations update. Cardinal intends to provide monthly operating updates, when applicable, with its monthly dividend news release. February 2024 Dividend The Company is confirming that its February dividend of $0.06 per common share will be paid on March 15, 2024, to shareholders of record on February 29, [Read more]

Greenfire Resources announces 2024 outlook – Targeting capital efficient production growth of 25-40% to support accelerated debt repayment, confirms conference call and completes first day of trading on the TSX

Calgary, Alberta--(Newsfile Corp. - February 8, 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 provide corporate guidance for 2024, including the Company's outlook for production and capital expenditures. Greenfire's common shares commenced trading today on the Toronto Stock Exchange [Read more]

Argo December 2023 oil production

Toronto, Ontario--(Newsfile Corp. - February 8, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") oil December 2023 oil production reached a record of 3,980.5 barrels for the month, averaging 128.4 barrels per day. Despite low oil prices averaging CDN$43.55 per barrel, Argo's December oil revenue was $173,333 and net operating cash flow was $106,528. December 2023 Oil Production Argo's interest Argo's [Read more]

Greenfire Resources announces TSX listing and approval to commence trading on February 8, 2024, provides release timing for 2024 outlook and conference call

Calgary, Alberta--(Newsfile Corp. - February 7, 2024) - 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 that the Company's common shares are expected to commence trading on the Toronto Stock Exchange ("TSX") at the opening of the market on Thursday, February 8, 2024 under the ticker symbol [Read more]

Gear Energy Ltd. announces completion of the strategic repositioning process and intention to commence normal course issuer bid

Calgary, Alberta--(Newsfile Corp. - February 6, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") announces that the strategic repositioning process has now been completed with the Board of Directors unanimously concluding that the various alternatives presented were not reflective of the Company's underlying value nor compelling relative to the Company's stand-alone prospects for growing shareholder value. STRATEGIC REPOSITIONING PROCESS Gear's Board of [Read more]

Lycos Energy Inc. announces 2024 budget

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its 2024 budget (the "Budget"). 2024 Budget Highlights Capital expenditures (1) of $61.0 million, which includes the drilling of approximately 28 (27.2 net) wells consisting of the following: 10 (9.2 net) fishbone multi-laterals 7 (7 net) wine rack multi-laterals 10 (10 net) conventional multi-laterals 1 (1 net) injectors Lycos' 2024 [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for February 29, 2024

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid February 29, 2024, to shareholders of record on February 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. [Read more]