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Prairie Thunder Resources Ltd.: Property Divestiture

This article is sponsored content, written and paid for by the advertiser. We do not endorse or take responsibility for the accuracy of the information presented. It has not been reviewed by our editorial team, and the opinions expressed are solely those of the sponsor. Prairie Thunder Resources Ltd. (“Prairie Thunder” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas interests located in the Peerless area of Alberta (the [Read more]

Devon Energy and Coterra Energy Complete Merger

OKLAHOMA CITY and HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (“Devon”) (NYSE: DVN) and Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) today announced the successful completion of their previously announced all-stock merger (the “Transaction”), creating a premier large-cap shale operator with a high-quality asset base anchored by a leading position in the economic core of the Delaware Basin. The Transaction was approved by stockholders of both companies at special meetings [Read more]

Tidewater Midstream and Infrastructure Ltd. announces first quarter 2026 results, operational update, and 2026 financial guidance update

(TSX: TWM) CALGARY, AB, May 7, 2026 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation" when referring to the consolidated group, and "Tidewater Midstream" when referring to the legal entity) (TSX: TWM) has filed its consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2026. First Quarter 2026 Highlights Consolidated net loss attributable to shareholders was [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2026

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2026. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2026 2025 % Petroleum and natural gas sales 168,106 142,501 18 Cash provided by operating [Read more]

Obsidian Energy Announces First Quarter 2026 Results

Average production of 28,733 boe/d in the first quarter, generated $61.0 million of funds flow from operations Active development program in Peace River and Willesden Green while advancing strategic heavy oil waterflood initiatives Renewed normal course issuer bid and repurchased and cancelled ~1.5 million shares Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is [Read more]

Canadian Natural Resources Limited Announces 2026 First Quarter Results

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "We have a long track record of being an effective and efficient operator, while consistently delivering top tier operational and financial performance through a strong focus on continuous improvement. An example of this performance is our industry-leading Oil Sands Mining and Upgrading Q1/26 operating costs of $23.73/bbl [Read more]

Shell plc publishes first quarter 2026 press release

London, May 7, 2026 "Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets. The safety of our people remains our priority as we work closely with governments and customers to address their energy needs. Last week we announced the acquisition of ARC Resources, accelerating our strategy by adding complementary, high-quality, low-cost liquids and gas assets that we believe will deliver [Read more]

Tenaz Energy Corp. Announces Q1 2026 Results

Calgary, Alberta--(Newsfile Corp. - May 6, 2026) - Tenaz Energy Corp. (TSX: TNZ) ("Tenaz", "We", "Our", "Us" or the "Company") is pleased to announce financial and operating results for the first quarter of 2026. The related unaudited interim condensed consolidated financial statements and management's discussion and analysis ("MD&A") are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. HIGHLIGHTS Production volumes averaged 16,183 boe/d(1) in [Read more]

Enbridge Inc. Announces Election of Directors

CALGARY, AB, May 6, 2026 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Company's Management Information Circular dated March 3, 2026.  The detailed results of the vote for the election of directors are set out below. Votes For Votes [Read more]

Athabasca Oil Reports Strong 2026 First Quarter Results and Increased Cash Flow Outlook

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) first quarter results demonstrate continued execution across its funded growth portfolio, with its Leismer expansion on track, strong Duvernay performance, and a balance sheet positioned to support disciplined capital allocation. In the current constructive oil price environment, the Company is well positioned to capture higher cash flow through its liquids-weighted asset base [Read more]