BOE Report

Obsidian Energy announces second quarter 2023 results

Generated funds flow from operations of $87.4 million during the quarter, resulting in free cash flow of $43.0 million Achieved robust production results from 11 new wells drilled on the western side of our Viking play, reaching an average daily peak rate per well of 293 boe/d for the program Enhanced liquidity with a $40.0 million increase to our syndicated credit facility, providing us additional financial flexibility Commenced return of capital to shareholders via the repurchase of [Read more]

Pine Cliff Energy Ltd. announces second quarter 2023 results, operational update, update to 2023 guidance and declaration of monthly dividend

Calgary, Alberta--(Newsfile Corp. - August 1, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") announces second quarter financial and operating results, an operational update, an update to 2023 guidance and declaration of the monthly dividend. Second Quarter 2023 Results Results from the second quarter include: generated $12.0 million ($0.03 per basic and fully diluted share) and $31.9 million ($0.09 per basic and fully diluted share) of [Read more]

Cardinal Energy Ltd. announces second quarter 2023 operating and financial results

Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the second quarter ended June 30, 2023. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2023 Average production volumes of 21,047 boe/d were negatively impacted by approximately 700 boe/d due to short-term shut-in production associated with forest fires in northern Alberta in the second quarter. All [Read more]

Baytex releases 2022 ESG and TCFD reports

Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) today released its 2022 Environment, Social and Governance ("ESG") Report, which demonstrates our commitment to transparency and accountability, and shows our progress in managing the environmental and social impacts of our business. Baytex has also released its Task Force on Climate-related Financial Disclosures ("TCFD") Report. Both reports are available on the Baytex website at [Read more]

Baytex announces second quarter 2023 results

Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2023 (all amounts are in Canadian dollars unless otherwise noted). "We continue to execute on our base business, and following the Ranger transaction, have emerged as a well-capitalized and diversified North American exploration and production company. We have a strong portfolio of high-quality oil [Read more]

Baytex confirms quarterly dividend

Calgary, Alberta--(Newsfile Corp. - July 27, 2023) -  Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on October 2, 2023 for shareholders of record on September 15, 2023. The U.S. dollar equivalent amount is approximately US$0.0170 per share assuming a foreign exchange rate of 1.32 CAD/US. Payments to shareholders who are not residents of Canada will be net of [Read more]

Gear Energy Ltd. announces second quarter 2023 operating results and August monthly dividend of $0.005 per share

Calgary, Alberta--(Newsfile Corp. - July 26, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following second quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com.  Three months ended  Six months [Read more]

Altima provides corporate update

Vancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Altima Resources Ltd. (TSXV: ARH) (FSE: AKC) (OTC Pink: ARSLF) The Company has received an update from St-Georges Eco Mining (CSE: SX), its technology partnership ("H2SX"), relating to its Korean partners and the ability to proceed with the finalization of the formal agreement. The independent preliminary engineering study (the "Engineering Study") which is to be completed through utilization of the pilot plant currently located in [Read more]

Suncor Energy to release second quarter 2023 financial results

Calgary, Alberta--(Newsfile Corp. - July 25, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its second quarter financial results on August 14, 2023 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the second quarter will be held on August 15, 2023 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from [Read more]

Obsidian Energy announces release date of second quarter 2023 results

Calgary, Alberta--(Newsfile Corp. - July 24, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces that we expect to release our second quarter 2023 financial and operational results before North American markets open on Wednesday, August 2, 2023. In addition, the second quarter management's discussion and analysis and the unaudited consolidated financial statements will be available on our website at [Read more]