BOE Report

Baytex restarts production following Alberta wildfires

Calgary, Alberta - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to advise that we have brought back onstream the full 24,000 boe/d of production that was shut-in as a result of the Alberta wildfires. There was no damage to our assets or infrastructure. We estimate that production was curtailed by approximately 12,500 boe/d for the month of May. Wildfires remain active in our operating areas and we continue to monitor the situation closely. Baytex is incredibly proud of how [Read more]

Cypress Hills Resource Corp. provides update on $1.35 million non-brokered private placement financing

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2023) - Cypress Hills Resource Corp. (TSXV: CHY) (the "Company") announces that further to its press release of April 17, 2023, the non-brokered private placement (the "Private Placement") of up to 15,000,000 shares at a price of C$0.09 per share remains ongoing and, subject to TSX Venture Exchange ("Exchange") approval, is expected to close at the end of June 2023. Proceeds of the Private Placement will be used for additional project [Read more]

Suncor Energy provides update on acquisition of TotalEnergies’ Canadian operations

Calgary, Alberta--(Newsfile Corp. - May 26, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) ("Suncor") announced that it has been notified that ConocoPhillips Canada ("ConocoPhillips") has elected to exercise their right of first refusal with respect to TotalEnergies' 50% working interest in the Surmont asset. Suncor's agreement to close the transaction to acquire TotalEnergies' Canadian operations was conditional upon ConocoPhillips waiving its right of first refusal in respect of the Surmont [Read more]

WesCan Energy announces appointment of new director

Calgary, Alberta--(Newsfile Corp. - May 25, 2023) - WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is pleased to announce the appointment of Leo Berezan to the Board of Directors of the Company effective May 25, 2023. Mr. Berezan is a Vancouver-based businessman and major shareholder of the Company. He has extensive real estate holdings in British Columbia, Alberta and Manitoba as well as in the Dallas/Fort Worth area of Texas. He has also been a director and co-owner of R.M. [Read more]

Altima appoints technical advisors

Vancouver, British Columbia - Altima Resources Ltd. (TSXV: ARH) (OTC Pink: ARSLF) (FSE: AKC1) ("Altima" or the "Company") is pleased to announce the appointment of Dr. Sabin Boily. And Dr. Bob Mummery to the Board of Technical Advisors. Joe DeVries, President and CEO stated, "We look forward to continuing to build a team that will help us commercialize the exciting H2SX hydrogen production technology while the Company continues to move forward in targeting prospective energy fields for both [Read more]

Hemisphere Energy announces 2023 first quarter results, declares quarterly dividend, renews credit facility, and provides operations update

Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the first quarter ended March 31, 2023, declares a quarterly dividend payment to shareholders, renews credit facility, and provides operations update. Q1 2023 Highlights Produced a record quarterly average of 3,171 boe/d, a 20% increase over the first quarter of 2022. Attained quarterly revenue of $18.7 million. [Read more]

Coelacanth announces Q1 2023 financial and operating results

Calgary, Alberta - COELACANTH ENERGY INC. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2023. All dollar figures are Canadian dollars unless otherwise noted. Financial and operational results below present the carved-out historic financial position, results of operations and cash flows of Leucrotta's Two Rivers Assets for all prior periods up to and including May 31, 2022 and the results of [Read more]

Obsidian Energy Alberta wildfire update: Additional fields coming back online

Calgary, Alberta--(Newsfile Corp. - May 23, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on the status of our operations impacted by recent Alberta wildfires. Widespread rain over the weekend in Alberta helped to slow wildfire spread, bringing relief to some local communities. As a result, we have restored or are currently restoring approximately 5,650 boe/d of operated and non-operated [Read more]

Kelt restarts production in British Columbia previously impacted by wildfires

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an update on the wildfire situation in northeastern British Columbia in the vicinity of Fort St. John. As previously reported, Kelt had safely evacuated all of its personnel in its operating region at Oak, which is approximately 35 kilometres from Fort St. John. As a result, the Company had temporarily shut-in approximately 5,000 barrels of oil equivalent per day (77% gas) since the evening of May 15, [Read more]

Centaurus Energy Inc. announces normal course issuer bid

Calgary, Alberta--(Newsfile Corp. - May 19, 2023) - Centaurus Energy Inc. (TSXV: CTA) (OTC Pink: CTARF) ("Centaurus" or the "Company") announces that the TSX Venture Exchange ("TSX-V") has accepted the Company's notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 109,315 of its common shares, representing 10% of Centaurus' Public Float (calculated in accordance with the rules of the TSX-V), over a twelve month period commencing on May 25, 2023. The NCIB [Read more]