BOE Report

Canadian Natural Resources Limited announces normal course issuer bid

Calgary, Alberta - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX") or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during [Read more]

Pine Cliff Energy Ltd. announces record annual results, filing of 2022 disclosure documents, 2022 year-end reserves, and provides 2023 guidance

Calgary, Alberta--(Newsfile Corp. - March 7, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces its year-end financial and operating results, the filing of its 2022 disclosure documents, its 2022 year-end reserves and 2023 guidance. 2022 and Fourth Quarter 2022 Highlights Pine Cliff's adjusted funds flow1 of $40.2 million generated during the fourth quarter of 2022 and $163.2 million for 2022 were the highest fourth quarter and annual adjusted funds flow [Read more]

Suncor Energy files annual disclosure documents

Calgary, Alberta--(Newsfile Corp. - March 6, 2023) - Suncor has filed its 2022 Annual Report and 2022 Annual Information Form. To view the company's annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor's 2022 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor is Canada's leading integrated energy company. Suncor's operations include [Read more]

Suncor Energy announces sale of UK exploration & production business

Calgary, Alberta - Suncor Energy (TSX: SU) (NYSE: SU) today announced that it has entered into a share purchase agreement with Equinor UK Limited for the sale of Suncor Energy UK Limited, which includes Suncor's non-operated offshore interests in the North Sea. The deal is valued at approximately C$1.2 billion excluding working capital adjustments and including contingent consideration of C$338 million that is conditional upon the submission of the Rosebank development application to the [Read more]

Kelt reports financial and operating results for the quarter and year ended December 31, 2022

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2022. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31 Year ended December 31 (CA$ thousands, except as otherwise indicated) 2022 2021 % 2022 2021 % Petroleum [Read more]

Pine Cliff Energy Ltd. declares monthly dividend for March 31, 2023

Calgary, Alberta - 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 March 31, 2023, to shareholders of record on March 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 Pine Cliff may be found on [Read more]

Canadian Natural Resources Limited announces 2022 fourth quarter and year end results

Calgary, Alberta - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's 2022 results, "In 2022, we demonstrated the strength of our balanced, diverse asset base that when combined with our flexible capital allocation strategy, resulted in substantial free cash flow generation, significant returns to our shareholders and strong reserve growth. We achieved record annual production of 1,281,434 BOE‍/‍d in 2022, an increase of 4% from 2021 levels, and 8% growth [Read more]

Canadian Natural Resources Limited announces quarterly dividend

Calgary, Alberta - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has approved a 6% increase to its quarterly cash dividend on its common shares to C$0.90 (ninety cents) per common share. The dividend will be payable on April 5, 2023 to shareholders of record at the close of business on March 17, 2023. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the sustainability of our [Read more]

Gear Energy Ltd. confirms monthly dividend for March of $0.01 per share

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") confirms that the March 2023 monthly dividend of $0.01 per common share is to be paid on March 31, 2023, to shareholders of record on March 15, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: [Read more]

Saturn Oil & Gas Inc. Announces Closing of the Acquisition of Ridgeback Resources Inc.

Calgary, Alberta--(Newsfile Corp. - February 28, 2023) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that further to its press releases of January 20, 2023, it has successfully completed the previously announced acquisition of Ridgeback Resources Inc. (the "Ridgeback Acquisition"), a privately held oil and gas producer focused on light oil production in Saskatchewan and Alberta, for a transaction value of approximately $516 [Read more]