CALGARY, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) In Q2 2025, Prospera invested $1.65 million in capital expenditures, including $665K for well reactivations, $534K for plant maintenance, and $448K for environmental work. Reactivation efforts targeted eleven wells in the Luseland and Cuthbert properties, adding 87 boe/d of production at an improved capital efficiency of $7,644/boe (vs. $9,317/boe in Q1). [Read more]
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Highwood Asset Management Ltd. announces second quarter 2025 results and operational update
/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Aug. 14, 2025 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three and six months ended June 30, 2025. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2025, are available on Highwood's website at [Read more]
Hemisphere Energy Announces 2025 Second Quarter Results, Declares Quarterly Dividend, and Provides Operations Update
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the second quarter ended June 30, 2025, declares a quarterly dividend payment to shareholders, and provides operations update. Q2 2025 Highlights Attained quarterly production of 3,826 boe/d (99% heavy oil). Generated $24.4 million, or $70.06/boe, in revenue. Achieved total [Read more]
InPlay Oil Corp. Announces Second Quarter 2025 Financial and Operating Results and Provides Operations Update
CALGARY, AB, Aug. 13, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2025 which is our first quarter following the April 7, 2025 closing date of the strategic acquisition of Cardium focused light oil assets in the Pembina area of Alberta (the "Acquisition"). InPlay's condensed unaudited interim financial statements and notes, as well as its Management's Discussion [Read more]
ROK Resources Files Financial Results for the Second Quarter of 2025
REGINA, SK / ACCESS Newswire / August 14, 2025 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) has filed its interim Financial Results and Management Discussion & Analysis for the six months ended June 30, 2025. Q2 2025 Financial and Operating Highlights The Company remained on strategy and budget for Q2 2025 with Funds Flow of $9.0 million, used to increase working capital surplus and pursue the Normal Course Issuer Bid ("NCIB"). Production in line with [Read more]
Tidewater Midstream and Infrastructure Ltd. announces second quarter 2025 results and operational update
(TSX: TWM) CALGARY, AB, Aug. 14, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) has filed its consolidated interim financial statements and Management Discussion and Analysis ("MD&A") for the three and six month periods ended June 30, 2025. Second Quarter 2025 Highlights Consolidated net loss attributable to shareholders was $16.3 million during the second quarter of 2025, compared to a net loss attributable to [Read more]
Indian state refiners eye Russian oil as discounts widen, sources say
Indian state refiners have started making enquiries with trading firms about purchases of Russia's Urals crude oil as discounts widen, three people with knowledge of the matter said on Thursday, ahead of a high-profile meeting of U.S. and Russian leaders on Friday. Indian state refiners - Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd - paused Russian oil purchases last month as discounts narrowed. The state refiners, which account [Read more]
Putin and Trump to discuss ‘huge’ economic possibilities as well as Ukraine war, Kremlin says
Presidents Vladimir Putin and Donald Trump will discuss the "huge untapped potential" for Russia-U.S. economic ties as well as the prospects for ending the war in Ukraine when they meet in Alaska on Friday, Kremlin aide Yuri Ushakov said. Ushakov told reporters that the summit would start at 1930 GMT, with the two leaders meeting one-on-one, accompanied only by translators. He said delegations from the two countries would then meet, and the presidents would give a joint news [Read more]
Oil price structure narrows, premiums fall as supplies rise, summer demand ends
Premiums for prompt benchmark oil prices globally are falling compared with those in future months on rising output from the Middle East, Latin America and Europe, just as peak summer demand ends, traders and analysts said on Thursday. Easing concerns that the U.S. could impose more sanctions on Russia and further disrupt oil supplies are also weighing on oil prices, they said. The six-month time spreads for Brent futures, U.S. West Texas Intermediate futures and Middle East marker Dubai [Read more]
Saudi crude oil price hike is at odds with regaining market share: Russell
OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a sign the exporter group is pivoting from trying to bolster prices to rebuilding market share. The recent decision, however, by the main producer in the group, Saudi Arabia, to raise its official selling prices (OSPs) to its main Asian customers for September-loading cargoes seems to be at odds with a strategy to reclaim market share. Saudi Aramco, the kingdom's [Read more]
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