BOE Report

News

Ovintiv Announces Agreement to Sell its Anadarko Assets

  DENVER, Feb. 17, 2026 /CNW/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. The sale includes approximately 360 thousand net acres, which represents substantially all of the company's acreage in the play. Month to date production in February is approximately 90 thousand barrels [Read more]

Logan Energy Corp. Announces a 31% Increase in Year-End 2025 Reserves

  CALGARY, AB, Feb. 17, 2026 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") announces the results of the 2025 year end reserves evaluation. 2025 RESERVES EVALUATION HIGHLIGHTS Logan is pleased to provide below select highlights from the results of its oil and gas reserves evaluation as of December 31, 2025 (the "McDaniel Report"), as prepared by its independent qualified reserves evaluator, McDaniel & Associates Consultants Ltd. ("McDaniel"). [Read more]

EQT Corp beats quarterly profit estimates on higher natgas prices

0 Comments

U.S.-based energy company EQT Corp beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes. Power-hungry data centers and a surge in liquefied natural gas (LNG) exports are driving up sales for U.S. natural gas companies, pushing them to increase production to meet rising demand. U.S. natural gas futures rose more than 11% sequentially in the fourth quarter, driven by higher demand and increased pipeline volumes, [Read more]

Rockpoint Gas Storage Inc. Announces C$427 Million Secondary Bought Deal Offering

  /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT FOR THE OFFERING AND ANY AMENDMENT TO THE DOCUMENTS WILL BE ACCESSIBLE, WITHIN TWO BUSINESS DAYS, THROUGH SEDAR+ CALGARY, AB, Feb. 17, 2026 /CNW/ - Rockpoint Gas Storage Inc. ("Rockpoint" or the "Company") announced today that Rockpoint and BIF II CalGas Carry (Delaware) LLC, BIP BIF II U.S. Holdings (Delaware) LLC, Swan [Read more]

Expand Energy beats fourth-quarter profit estimates, plans $1 bln debt cut in 2026

0 Comments

U.S. natural gas producer Expand Energy beat Wall Street estimates for fourth-quarter profit on Tuesday and aims to strengthen its balance sheet with at least $1 billion in debt reduction in 2026. The company benefited from higher prices as U.S. natural gas futures rose over 11% sequentially in the fourth quarter, breaking a falling streak that started in the second quarter, driven by stronger demand and increased pipeline volumes. The average realized price of natural gas was $3.37 per [Read more]

Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson”, or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.45 per common share, an increase of $0.02 per common share per quarter. The quarterly dividend is payable on April 17, 2026, to shareholders of record at the close of business on March 30, 2026. This dividend is designated as an [Read more]

Gibson Energy Reports 2025 Fourth Quarter and Full Year Results Highlighted by Record Infrastructure EBITDA and Announces 5% Dividend Increase

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and twelve months ended December 31, 2025. Key Highlights: Delivered record quarterly Infrastructure EBITDA(1) of $160 million, driven by strong volume growth and the completion of key capital projects Announced a 5% dividend increase, [Read more]

U.S. energy chief warns U.S. could quit IEA if agency keeps focus on climate

0 Comments

U.S. Energy Secretary Chris Wright said on Tuesday the United States is not satisfied yet with reforms at the International Energy Agency (IEA). Speaking at a conference in Paris, he added that Washington does "not need a net-zero scenario" from the body and could leave the agency "if they insist that it's so dominated and infused with climate stuff". (Reporting by Kate Abnett, Forrest Crellin, Writing by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten) [Read more]

U.S. energy chief says Venezuela could boost output by “several hundred thousand bpd by year‑end”

0 Comments

U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add "several hundred thousand barrels per day" to oil production by year-end. "I think you'll see several 100,000 barrels a day of additional production by the end of this year," Wright said speaking at a conference in Paris. (Reporting by Kate Abnet, Forrest Crellin, Writing by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten) [Read more]

How Tourmaline achieves seamless data exchange within 48 hours of acquisition

In October 2023, Tourmaline Oil Corp acquired Bonavista Energy Corporation for $1.45 billion. It was their largest acquisition to date — Tourmaline’s number of wells effectively doubled overnight. Then came the hard part — transferring more than 6,000 well licenses between AB, BC, and SK and ingesting over 500,000 land and well files. An acquisition of this size would take most O&G companies months to complete. Magda Schmidt, Supervisor of Surface Land Admin at Tourmaline, [Read more]