BOE Report

Lycos Energy Inc. announces Q3 2023 financial results, land acquisition and Director retirement

Calgary, Alberta--(Newsfile Corp. - November 22, 2023) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and nine months ended September 30, 2023. Selected financial and operating information is outlined below and should be read with Lycos' unaudited condensed interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, [Read more]

Hemisphere Energy announces 2023 third quarter results, declares quarterly dividend, and provides operations update

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide its financial and operating results for the three and nine months ended September 30, 2023, announce the declaration of a quarterly dividend payment to shareholders, and provide an operations update. Q3 2023 Highlights Second best quarter in corporate history for production, revenue, operating field netback, and [Read more]

Suncor Energy closes purchase of TotalEnergies’ Canadian operations

All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - November 20, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today it has closed the transaction to purchase TotalEnergies EP Canada Ltd., which includes the remaining 31.23% working interest in the Fort Hills Project. The $1.468 billion purchase price is subject to closing adjustments typical of transactions of this nature and is based on an effective date April 1, 2023. As a [Read more]

Resolute Resources Ltd announces rig mobilization and spud date

Calgary, Alberta--(Newsfile Corp. - November 20, 2023) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute" or the "Company") is pleased to announce that the rig, Precision Drilling Rig #141, is being mobilized to the 14-19-83-23W5 drill pad this week. The RESOLUTERESLTD HZ ANTHONY 11-24-83-24 is planned to Spud on November 23rd, 2023. The well is expected to take ten days to reach total depth ("TD"). Following reaching TD, a production test is to be performed. Production results should be [Read more]

Coelacanth announces Q3 2023 financial and operating results

Calgary, Alberta--(Newsfile Corp. - November 17, 2023) - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2023. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Completed two Upper Montney wells on its 10-08 pad at Two Rivers West. Drilled five wells on its 5-19 pad at Two Rivers East. Four wells (three Lower Montney and one Basal [Read more]

Coelacanth Energy announces private placement for aggregate proceeds of $1.5 million

Calgary, Alberta--(Newsfile Corp. - November 15, 2023) - Coelacanth Energy Inc. (TSXV: CEI) (the "Company" or "Coelacanth") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") of 1,875,000 units of the Company ("Units"), at a price of $0.80 per Unit, for aggregate proceeds of $1,500,000. The Offering will be restricted to three key employees being the 2 newly promoted Officers of Coelacanth (Chief Operating Officer and VP Drilling [Read more]

Coelacanth Energy announces completion of its $80 million bought deal financing

Calgary, Alberta--(Newsfile Corp. - November 15, 2023) - Coelacanth Energy Inc. (TSXV: CEI) (the "Company" or "Coelacanth") is pleased to announce that, further to its press release dated October 23, 2023, it has closed its previously announced bought-deal financing (the "Bought-Deal Financing") of 100,000,000 units of the Company (the "Units") at a price of $0.80 per Unit for gross proceeds to the Company of $80 million. The syndicate of underwriters was led by Haywood Securities Inc., as sole [Read more]

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]