BOE Report

Pine Cliff Energy Ltd. Announces Third Quarter 2022 Results, Increase in December Monthly Dividend, Update to 2022 Guidance and Operational Update

Calgary, Alberta--(Newsfile Corp. - November 9, 2022) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") announces third quarter financial results, dividend increase and provides an operational update. Third Quarter 2022 Highlights Pine Cliff's adjusted funds flow1 of $34.9 million generated during the third quarter was the second highest quarterly adjusted funds flow1 for the Company since inception, only surpassed by the $55.8 million generated during the second quarter [Read more]

Saturn Oil & Gas Inc. reports Q3 2022 financial and operational results highlighted by record quarterly cash flow per share

Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to report its financial and operating results for the three and nine months ended September 30, 2022. "The third quarter of 2022 is the first reporting period reflecting the highly positive impact of the Viking acquisition, closed on July 6, 2022, in terms of increased netbacks and additional production, resulting in record corporate cash flow," commented John Jeffrey, [Read more]

Obsidian Energy announces third quarter 2022 results and updated 2022 guidance

Calgary, Alberta - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to report operating and financial results for the third quarter of 2022. Three months ended September 30 Nine months ended September 30 2022 2021 2022 2021 FINANCIAL1 (millions, except per share amounts) Cash flow from operating [Read more]

Pine Cliff Energy Ltd. confirms monthly dividend for November 30, 2022

Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") confirms a monthly dividend of $0.01 per common share is to be paid November 30, 2022 to shareholders of record on November 15, 2022. 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]

Crew Energy Announces Q3 2022 and Record Nine Month Operating and Financial Results Highlighted by Accelerated Deleveraging

CALGARY, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("Crew" or the "Company"), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2022. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s [Read more]

Baytex Announces Third Quarter 2022 Results and Continued Strong Clearwater Drilling Results

Calgary, Alberta--(Newsfile Corp. - November 3, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2022 (all amounts are in Canadian dollars unless otherwise noted). "We continue to deliver on our commitments with a much-improved balance sheet (0.9x net debt to trailing 12 month EBITDA ratio), substantial free cash flow generation ($478 million through nine months) and a shareholder return framework [Read more]

Canadian Natural Resources Limited Announces 2022 Third Quarter Results

Calgary, Alberta--(Newsfile Corp. - November 3, 2022) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's third quarter 2022 results, "We remain focused on safe, reliable, effective and efficient operations and our 2022 capital program remains unchanged at approximately $4.9 billion, excluding acquisitions. Our culture of continuous improvement and focus on cost control combined with our disciplined and balanced approach to capital allocation continues to [Read more]

Suncor Energy Reports Third Quarter 2022 Results

Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) "As we drive the focus of the company on operational execution, we delivered $4.5 billion in adjusted funds from operations in the third quarter, the second highest in the company's history, driven by strong refinery throughput in the downstream, delivery of solid upstream production as we executed planned maintenance, consistent with what we have previously communicated, and a solid business [Read more]

Gear Energy Ltd. Announces Third Quarter 2022 Operating Results and 2023 Budget Guidance

Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to provide the following third quarter operating update to shareholders and 2023 budget guidance. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2022 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three [Read more]

Blacksteel Energy Inc. Announces Management Changes and Update to Drakkar Transaction

Calgary, Alberta--(Newsfile Corp. - November 2, 2022) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce the following changes to strengthen the management team of Blacksteel: Duncan Nightingale has been appointed as President and Chief Executive Officer in addition to his current position as a director of Blacksteel. Jeff Callaway has resigned as President and Chief Executive Officer of Blacksteel and been appointed Executive Vice-President and Chief [Read more]