BOE Report

Cardinal Energy Ltd. announces monthly dividend for June and the release of our 2022 ESG Report

Calgary, Alberta--(Newsfile Corp. - June 8, 2023) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that our June dividend of $0.06 per common share will be paid on July 14, 2023 to shareholders of record on June 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. Cardinal has released our 2022 Environmental, Social and Governance ("ESG") [Read more]

Suncor Energy announces Dave Oldreive as new Executive Vice President of Downstream

Calgary, Alberta - (Newsfile Corp. - June 6, 2023) - Suncor (TSX: SU) (NYSE: SU) today announced that Dave Oldreive will be joining Suncor as executive vice president, Downstream. Dave brings nearly 30 years of energy industry experience, including extensive experience in Canadian refining and a keen understanding of the Canadian market. He is known for delivering operational excellence and enhanced competitiveness as well as for transforming culture and leadership. Through his career with [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for June 30, 2023

Calgary, Alberta--(Newsfile Corp. - June 1, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.01083 per common share to be paid June 30, 2023, to shareholders of record on June 15, 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 information relating to [Read more]

Argo’s Lindbergh oil production

Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Argo Gold Inc. (CSE: ARQ) (OTCQB: ARBTF) (XFRA, XSTU, XBER: A2ASDS) ("Argo") announces that Argo's 37.5% share of the Lindbergh oil well in the Sparky started production in late March 2023. In April 2023, the Lindbergh well produced 115 barrels of oil per day, and Argo's 37.5% share of the production was 43.4 barrels of oil per day, generating revenue of $90,334 and $57,491 operating cash flow net to Argo. Argo also has a mutual area of [Read more]

Gear Energy Ltd. confirms monthly dividend for June of $0.01 per share and announces credit facility increase

Calgary, Alberta--(Newsfile Corp. - June 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the June 2023 monthly dividend of $0.01 per common share is to be paid on June 30, 2023, to shareholders of record on June 15, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. Gear is also pleased to announce the successful completion of its borrowing base review, resulting in an increase in the syndicated credit [Read more]

Obsidian Energy announces increase to syndicated credit facility, results of Viking drilling and update on Alberta wildfires

Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an increase to our syndicated credit facility and provides an update on both the results of our first half 2023 Viking drilling program and the expected impact of Alberta wildfires on production and funds flow from operations. With the addition of the Industrial and Commercial Bank of China (Canada) to our banking syndicate, [Read more]

Hemisphere Energy revises dividend record date for quarterly dividend

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") announces today that the Company has changed the previously announced record date for its quarterly cash dividend of C$0.025 per common share to be payable to the shareholders of record as of the close of business on June 7, 2023, from the shareholders of record as of the close of business on June 1, 2023. The dividend will continue to be payable [Read more]

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]