BOE Report

Blacksteel Energy Inc. announces operational updates: completion of additional facility upgrades, addition of highly prospective lands, new opportunity acquisition discussions and drilling permitting for new wells

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce the following operational update. Operational Update Blacksteel started field development work at Girouxville in November of 2022 to upgrade the facilities to comply with appropriate operational standards and install upgrades capable of processing additional fluid and oil volumes. These activities were completed in April 2023 and now provide the [Read more]

Greenfire Resources to announce Q3 2023 results and host conference call

Calgary, Alberta--(Newsfile Corp. - November 13, 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, confirms the Company intends to release its operating and financial results for the quarter ended September 30, 2023 after markets close on Tuesday, November 14, 2023. Greenfire plans to host a conference call on [Read more]

Resolute Resources announces operational update

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Resolute Resources Ltd. (TSXV: RRL) ("Resolute Resources", "Company", "our" or "we") Operational Update RESOLUTERESLTD HZ ANTHONY 7-24-83-24W5 The RESOLUTERESLTD HZ ANTHONY 7-24-83-24W5 ("Shoreline", "7-24") horizontal multilateral well was drilled with six lateral legs for a total length of approximately 8,500 meters. During drilling, many thousands of meters of oil saturated rock with good gas response were observed. In [Read more]

Baytex receives notice of confirmation for tax reassessment

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that certain of its wholly owned indirect subsidiaries have received a notice of confirmation (the "Confirmation Letters" or "Letters") from the Appeals Division of the Canada Revenue Agency (the "CRA") that deny non-capital loss deductions relevant to the calculation of income taxes for the years 2011 through 2014. As previously disclosed, Baytex received notices of [Read more]

Suncor Energy announces $1.5 billion medium term note offering

All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today that it has priced an offering of $1.5 billion in aggregate principal amount of senior unsecured notes. The offering will be comprised of two tranches, consisting of $1.0 billion principal amount of Series 9 Medium Term Notes due on November 17, 2025 having a coupon of 5.60%, and $500 million principal amount of Series [Read more]

Gear Energy Ltd. announces third quarter 2023 operating results and 2024 budget guidance

Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended Nine months [Read more]

Kelt reports financial and operating results for the three and nine months ended September 30, 2023

Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2023. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise [Read more]

Obsidian Energy announces third quarter 2023 results

Increased average production by 10 percent over the third quarter of 2022 due to the strong performance of our development program Generated funds flow from operations of $98.9 million during the quarter, resulting in free cash flow of $47.7 million and net debt reduction to $294.3 million Commenced second half 2023 development program while completing major facility debottlenecking project subsequent to the quarter Continued return of capital to shareholders via the repurchase of ~4.4 [Read more]

Blacksteel Energy Inc. provides update on issuance of Cease Trade Order and appointment of new Chief Financial Officer

Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that, further to its news release of August 25, 2023, a Cease Trade Order (the "CTO") has been issued by the Alberta Securities Commission. The CTO was issued as a result of a delay in the filing of the Corporation's audited annual financial statements, accompanying management discussion and analysis, and certifications for the financial year ended April 30, 2023, and the [Read more]

Cardinal Energy Ltd. announces monthly dividend for November

Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our November dividend of $0.06 per common share will be paid on December 15, 2023 to shareholders of record on November 30, 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]