Calgary, Alberta--(Newsfile Corp. - January 15, 2024) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute" or the "Company") announces today that it has accepted the resignations of independent directors Curt Labelle and Chris Wolfenberg from the Board of Directors of the Company. The board would like to thank Mr. Labelle and Mr. Wolfenberg for their service and wishes them all the best in the future. The board is actively engaged in identifying and evaluating alternatives with respect to the [Read more]
Resolute Resources Ltd provides well update
Calgary, Alberta--(Newsfile Corp. - January 12, 2024) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute" or the "Company") provides an update in respect of the HZ ANTHONY 12-19-83-23 which commenced drilling November 24th and was completed on December 3rd. Gething channel sand was encountered as per geologic modeling. 2350 metres of open hole were drilled over 4 laterals, which were terminated short due to formation dropping below log verified oil saturation and a desire to avoid unnecessary [Read more]
Obsidian Energy announces 2023 operations update with robust Clearwater results and continued growth plan execution
Peace River Clearwater results yield robust early production rates, continuing to delineate the Dawson area Peace River Bluesky Walrus field results in a successful extension and deeper zone test, adding substantial inventory upside Strong performance resulted in 2023 average production at the top end of our guidance range of 32,500 boe/d Calgary, Alberta--(Newsfile Corp. - January 9, 2024) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", [Read more]
Cardinal Energy Ltd. announces monthly dividend for January
Calgary, Alberta--(Newsfile Corp. - January 8, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our January dividend of $0.06 per common share will be paid on February 15, 2024 to shareholders of record on January 31, 2024. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a Canadian oil and [Read more]
Saturn Oil & Gas Inc. announces initial production results of first OHML Bakken well above expectations and updated debt covenant
Calgary, Alberta--(Newsfile Corp. - January 4, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce the Company's first Open Hole Mult-Lateral ("OHML") Bakken well drilled in the Viewfield area of Southeast Saskatchewan, 101/01-07-011-06W2 ("Viewfield 01-07"), had initial 30-day average production ("IP30") of approximately 233 bbls/d of light oil, which is 49%1 above the Company's expected IP30 type curves for OHML Bakken [Read more]
Argo’s Oil operations update
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - Argo Gold Inc's. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") oil production results for November 2023 are: November 2023 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 (37.5% interest) 88 bbl/day 33 bbl/day $60,429 $36,533 Lloyd (18.75% interest) 230 bbl/day 43 bbl/day $89,208 $78,752 In late [Read more]
Suncor Energy achieves 2023 upstream production corporate guidance
(All figures are approximate) Calgary, Alberta--(Newsfile Corp. - January 3, 2024) - Suncor (TSX: SU) (NYSE: SU) today provided an operational update for the fourth quarter of 2023, highlighting upstream production of 808,000 barrels per day (bbls/d), the second highest quarter in the Company's history. The strong fourth quarter performance results in an annual average upstream production of 746,000 bbls/d, in line with Suncor's corporate guidance provided in November 2022. "I am very [Read more]
Trican Well Service Ltd. announces fourth quarter and year-end 2023 conference call
Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") intends to release its Fourth Quarter and Year-End 2023 results on Wednesday, February 21, 2024 after the close of the market. The Company will host a conference call on Thursday, February 22, 2024 at 10:00 a.m. MT (12:00 p.m. ET) to discuss its results for the Fourth Quarter and Year-End 2023. To listen to the webcast of the conference call, please enter the following URL [Read more]
Pine Cliff Energy Ltd. declares monthly dividend for January 31, 2024
Calgary, Alberta--(Newsfile Corp. - January 2, 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 January 31, 2024, to shareholders of record on January 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. Further [Read more]
Gear Energy Ltd. confirms monthly dividend for January of $0.005 per share
Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the January 2024 monthly dividend of $0.005 per common share is to be paid on January 31, 2024, to shareholders of record on January 15, 2024. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President [Read more]
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