BOE Report

Coelacanth Energy Inc. announces operations update

Calgary, Alberta--(Newsfile Corp. - October 23, 2023) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that it has completed 2 wells at Two Rivers West and has finished the drilling of a 5-well pad at Two Rivers East. TWO RIVERS WEST PROJECT Coelacanth has completed the 2 Upper Montney wells on its 10-08 pad at Two Rivers West and recently placed the first well (C10-08) on production at a rate of 542 boe/d comprised of 225 bbls/d of 42 API light oil, 1.75 mmcf/d [Read more]

Criterium Energy announces filing of final prospectus in connection with upsized C$18.9 million financing for its transformative acquisition of Mont D’Or Petroleum Ltd.

Calgary, Alberta--(Newsfile Corp. - October 20, 2023) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has filed and received a receipt for its final short form prospectus (the "Prospectus") filed in each of the provinces of Canada, except for Québec, in respect of its previously announced underwritten offering (the "Public Offering") of equity [Read more]

Lycos Energy Inc. announces closing of previously announced Durham Creek Exploration Ltd. acquisition, $35.0 million equity financing and recent drilling results

Calgary, Alberta--(Newsfile Corp. - October 16, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to advise that it has closed the previously announced acquisition (the "Acquisition") of Durham Creek Exploration Ltd. ("DCEL"), a privately held, heavy oil producer. Lycos acquired all of the issued and outstanding common shares of DCEL for total consideration of $22.5 million, consisting of $12.5 million in cash and 2,816,907 common shares of Lycos ("Lycos Shares") at a [Read more]

Blacksteel Energy Inc. provides bi-weekly update on status of management cease trade order

Calgary, Alberta--(Newsfile Corp. - October 13, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is providing this bi-weekly update on the status of the management cease trade order granted September 1, 2023 (the "MCTO") by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), following the Corporation's announcement on August 25, 2023 (the "Default Announcement") that it was unable to file its [Read more]

Cardinal Energy Ltd. announces monthly dividend for October

Calgary, Alberta--(Newsfile Corp. - October 10, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our October dividend of $0.06 per common share will be paid on November 15, 2023 to shareholders of record on October 31, 2023. 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]

Argo’s Lindbergh oil production, Lloyd on production

Toronto, Ontario--(Newsfile Corp. - October 5, 2023) - Argo Gold Inc. (CSE: ARQ) (OTCQB: ARBTF) (XFRA, XSTU, XBER: A2ASDS) ("Argo") announces its oil production results for the Lindbergh oil well for August 2023. Lindbergh Oil Production Argo's 37.5% interest Argo's Oil Revenue Argo's net operating cash flow August 2023 135 bbl/day 50.6 bbl/day $130,461 $91,292 Argo also has a mutual area of interest at Lindbergh, whereby Argo can participate in additional oil wells [Read more]

Blacksteel Energy provides update on status of completion of its financial statements

Calgary, Alberta--(Newsfile Corp. - October 4, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is providing this update on the status of the management cease trade order granted September 1, 2023 by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders, following the Corporation's announcement on August 25, 2023 that it was unable to file its audited annual financial statements, management's discussion and [Read more]

Suncor Energy to acquire TotalEnergies’ Canadian operations for $1.468 billion

All financial figures are in Canadian dollars, unless noted otherwise Includes a 31.23% working interest in the Fort Hills project, with Suncor now owning 100% Adds 61,000 barrels per day of bitumen production capacity, 675 million barrels of 2P reserves Secures additional long-term bitumen supply to fill Suncor's Base Plant upgraders Calgary, Alberta--(Newsfile Corp. - October 4, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today that it has agreed to purchase [Read more]

Cardinal Energy Ltd. announces asset acquisition

Calgary, Alberta--(Newsfile Corp. - October 3, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce it has completed an asset acquisition within its core operating areas for a purchase price of approximately $25.0 million. Based upon internal estimates effective July 1, 2023, the properties add an estimated 2.0 million barrels of proved developed producing ("PDP") reserves and are also expected to contribute approximately 900 boe/d of production beginning [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for October 31, 2023

Calgary, Alberta--(Newsfile Corp. - October 2, 2023) - 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 October 31, 2023, to shareholders of record on October 16, 2023. 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]