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Petrus Resources Declares Monthly Dividend for December 2025

CALGARY, Alberta, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable December 30, 2025, to shareholders of record on December 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP") Petrus' DRIP enables eligible shareholders to reinvest all or part of [Read more]

Tourmaline Declares Quarterly Dividend

CALGARY, AB, Dec. 1, 2025 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.50 per common share. The dividend will be payable on December 31, 2025 to shareholders of record at the close of business on December 15, 2025. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader [Read more]

Drilling group predicts slight uptick in Canadian activity next year

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CALGARY - A group representing oil and gas drillers says it's expecting a slight uptick in activity next year in Canada. The Canadian Association of Energy Contractors says it's expecting 5,709 wells to be drilled next year, up about three per cent from this year. It's expecting roughly the same percentage increase in drilling rig operating days and service rig operating hours. The CAOEC represents 89 land drilling, offshore drilling and service rig companies operating across [Read more]

US LNG exports hit record high in November on cooler weather, strong output

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U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler weather and robust output from the country's two largest producers, preliminary data from financial firm LSEG showed on Monday. The U.S., the world's top LNG exporter, shipped 10.9 million metric tonnes last month, up from 10.1 mmt in October despite having one fewer day in the month, according to LSEG data. Cheniere Energy, the largest U.S. LNG exporter, boosted [Read more]

CAOEC releases 2025 State of the Industry Report and 2026 Forecast, highlighting flat activity and the critical importance of oil and gas jobs

The Canadian Association of Energy Contractors (CAOEC) released its 2025 State of the Industry Report and 2026 Forecast today, offering a look at the trends, challenges, and opportunities shaping Canada’s drilling and service rig sector. The report underscores the industry’s growing role in national energy security, job creation, and emerging resource opportunities. Key highlights: Projected 2026 wells drilled: 5,709 — an increase of 161 (2.9%) from 2025 (5,548) Projected 2026 [Read more]

Source Rock Royalties Announces Third Quarter 2025 Results

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB, Dec. 1, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil focused royalties, announces results for the three and nine month periods ended September 30, 2025. Third Quarter Highlights: Quarterly royalty production of 225 boe/d (93% oil and NGLs), a decrease of 12% over Q3 2024. Quarterly [Read more]

Lotus Creek Exploration Inc. Announces Inaugural Monthly Report to Shareholders and a New Corporate Presentation

Calgary, Alberta--(Newsfile Corp. - December 1, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that the inaugural Monthly Report to Shareholders and a new Corporate Presentation have been posted to the Company's website. MONTHLY REPORT Lotus Creek is excited to announce the new Monthly Report to Shareholders, designed to keep shareholders informed of Lotus Creek's operational and financial momentum. Monthly, Lotus Creek will publish [Read more]

InPlay Oil Corp. Confirms Monthly Dividend for December 2025

CALGARY, AB, Dec. 1, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on December 31, 2025, to shareholders of record at the close of business on December 15, 2025.  The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. [Read more]

Targa strengthens Permian presence with $1.25 billion deal for midstream firm

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Pipeline operator Targa Resources said on Monday it would buy Stakeholder Midstream in a $1.25 billion all-cash deal, expanding its processing capacity in the key Permian Basin. Dealmaking in the midstream sector has been picking up pace as companies look to cut costs or add scale and gain access to attractive oil- and gas-producing regions, as well as export facilities on the U.S. Gulf Coast. "This acquisition is a nice bolt-on asset that has meaningful free cash flow supported by a [Read more]

Paramount Resources Ltd. Announces December Dividend

CALGARY, AB, Dec. 1, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on December 31, 2025 to shareholders of record on December 15, 2025.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes.  ABOUT PARAMOUNT Paramount is an independent, publicly traded Canadian energy company [Read more]