BOE Report

Gear Energy Ltd. announces first quarter 2023 operating results

Calgary, Alberta - Gear Energy Ltd. (TSX: GXE) ("Gear" or the "Company") is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis for the period ended March 31, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended (Cdn$ thousands, except per share, share and per boe amounts) Mar 31, [Read more]

Pine Cliff Energy Ltd. announces first quarter 2023 results, confirmation of monthly dividend, operational update and information regarding the annual meeting of shareholders

Calgary, Alberta--(Newsfile Corp. - May 2, 2023) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces first quarter 2023 financial and operating results, confirmation of monthly dividend, an operational update and information regarding the annual meeting of shareholders. First Quarter 2023 Highlights Highlights from the first quarter include: generated $19.8 million of adjusted funds flow1 ($0.06 per basic and fully diluted share) for the three months ended [Read more]

Advantagewon Oil Corp. closes first tranche of non-brokered private placement

Toronto, Ontario - Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF) (the "Company"), is pleased to announce that, further to its news release on April 26, 2023 announcing non-brokered private placement of up to 8,000,000 units of the Company (each a "Unit") at a price of $0.05 per Unit for aggregate gross proceeds of up to $400,000 (the "Offering"), it has closed the first tranche of the Offering through the issuance of 2,600,000 Units at a price of $0.05 per Unit for aggregate gross proceeds [Read more]

Centaurus Energy Inc. announces 2022 fourth quarter financial results and operational update

(All dollar figures are expressed in United States Dollars) Calgary, Alberta--(Newsfile Corp. - May 1, 2023) - Centaurus Energy Inc. (TSXV: CTA) (OTC Pink: CTARF) ("Centaurus" or the "Company") is pleased to announce its financial and operating results for the twelve months ended December 31, 2022. Centaurus' CEO, David Tawil, commented: "With the closing of the Gasener transaction, Centaurus Energy is focused on managing the future proceeds from the PAE ORRI, totaling US$16 million, which [Read more]

Suncor Energy to release first quarter 2023 financial results, and hold annual general meeting of shareholders

Calgary, Alberta--(Newsfile Corp. - May 1, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 8, 2023 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held on May 9, 2023 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer, Kris Smith, Suncor's incoming Chief Financial Officer and Alister Cowan, Suncor's current Chief Financial Officer. A question and [Read more]

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

Calgary, Alberta--(Newsfile Corp. - May 1, 2023) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") confirms that the May 2023 monthly dividend of $0.01 per common share is to be paid on May 31, 2023, to shareholders of record on May 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 & [Read more]

Advantagewon Oil Corp. provides update on application for management cease trade order

Toronto, Ontario--(Newsfile Corp. - April 28, 2023) - Advantagewon Oil Corp. (CSE: AOC) (the "Corporation") announces further to its press release of April 21, 2023, that the Ontario Securities Commission (the "OSC") has rejected the Corporation's application for a management cease trade order (the "MCTO") as the Corporation is not viewed as having met all of the criteria for an MCTO. The Corporation filed the MCTO application with the OSC due to an anticipated delay in filing its audited [Read more]

Baytex conference call and webcast on first quarter 2023 results to be held on May 5, 2023

Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 first quarter financial and operating results after the close of markets on Thursday May 4, 2023. A conference call and webcast will be held on Friday May 5, 2023 to discuss the results: Date: Friday May 5, 2023 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free) Webcast: [Read more]

Baytex announces closing of US$800 million private offering of senior notes

Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private offering (the "offering") of US$800 million aggregate principal amount of senior unsecured notes due 2030 (the "Notes"). The Notes bear interest at a rate of 8.5% per annum and mature on April 30, 2030. The Notes were priced at 98.709% of par to yield 8.75% per annum. The gross proceeds of the offering have been deposited into escrow pending [Read more]

Suncor Energy to acquire TotalEnergies’ Canadian operations for $5.5 billion, plus additional potential payments up to an aggregate maximum of $600 million

Calgary, Alberta - Suncor Energy (TSX: SU) (NYSE: SU) today announced that it has agreed to purchase TotalEnergies' Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) and a 50% working interest in the Surmont in situ asset. This will add 135,000 barrels per day of net bitumen production capacity and 2.1 billion barrels of proved and probable reserves to Suncor's oil sands [Read more]