CALGARY, AB, July 30, 2025 /CNW/ - Kiwetinohk Energy Corp. ("Kiwetinohk" or, the "Company") (TSX: KEC) today reported its second quarter 2025 results and updated annual guidance. As companion documents to this news release, please review Kiwetinohk's management discussion and analysis (MD&A) and condensed consolidated interim financial statements for the second quarter of 2025 (available on kiwetinohk.com or www.sedarplus.ca) for additional details. Second quarter 2025 [Read more]
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Cardinal Energy Ltd. Announces Second Quarter 2025 Operating and Financial Results
Calgary, Alberta--(Newsfile Corp. - July 30, 2025) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for the second quarter ended June 30, 2025. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE SECOND QUARTER OF 2025 Second quarter 2025 production of 21,184 boe/d which was 3% higher than budget despite drilling only one (1.0 net) conventional oil producer in the first half of 2025 as we continued to focus our capital [Read more]
Growth in value of Alberta energy has benefits nationwide
Strong numbers highlight the importance of oil and gas to Canada’s prosperity By Grady Semmens on July 29, 2025, 8:35 pm MDT Oil sands workers in northern Alberta. Photo courtesy Pathways Alliance The recent expansion of the Trans Mountain pipeline helped drive a surge in the value of Alberta’s energy production, which rose to $139 billion in 2024, according to the latest Alberta Energy Outlook. The Alberta Energy Regulator (AER) reported that last year was the second-highest [Read more]
Tourmaline delivers strong free cash flow in Q2 2025, updates EP Plan, announces new long-term LNG feed gas supply agreement and declares special dividend
CALGARY, AB, July 30, 2025 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the second quarter of 2025 and an updated multi-year EP growth plan (the "EP Plan"), announce a new long-term LNG feed gas supply agreement and declare a special dividend. HIGHLIGHTS Second quarter average production was 620,757 boepd, at the mid-point of the guidance range provided on May 7, 2025 and up 10% from the [Read more]
Saturn Oil & Gas Inc. Announces Second Quarter 2025 Results Highlighted by $119MM Net Debt Reduction Over Q1/25 and Record Free Funds Flow
Production of 40,417 boe/d exceeded high end of guidance Net debt(1) reduced to $695 million, a decline of $119 million versus Q1/25 Adjusted funds flow(1) of $109 million ($0.56/share) was supported by net opex(1) of $18.28/boe that beat guidance Record free funds flow(1) of $93 million ($0.48/share) supports Saturn's ongoing financial flexibility Continued to enhance per share metrics via share buybacks during and after the quarter end, contributing to Saturn's total return to [Read more]
Yangarra Announces 2025 Second Quarter Financial & Operating Results and Increased Banking Facility
CALGARY, AB, July 30, 2025 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results for the three and six months ended June 30, 2025. Second Quarter Highlights Funds flow from operations of $15.5 million ($0.14 per share – fully diluted), a decrease of 28% from the same period in 2024 Oil and gas sales of $29.5 million, a decrease of 17% from the same period in 2024 Adjusted EBITDA of $16.5 million ($0.15 per share – [Read more]
Freehold Royalties Announces Second Quarter 2025 Results
CALGARY, Alberta, July 30, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the period ended June 30, 2025. Second Quarter Highlights $78 million in revenue; $57 million in funds from operations ($0.35/share) (1)(2); $44 million in dividends paid ($0.27/share)(3); 11,047 bbls/d of total crude oil and natural gas liquids (NGLs) production, a 4% increase from the previous quarter and a 13% increase [Read more]
US hits Iranian shipping network with major new sanctions
The U.S. Treasury Department announced fresh sanctions on Wednesday on over 115 Iran-linked individuals, entities and vessels, in a sign the Trump administration is doubling down on its "maximum pressure" campaign after bombing Tehran's key nuclear sites in June. The sanctions broadly target the shipping interests of Mohammad Hossein Shamkhani, the son of Ali Shamkhani, who is himself an adviser to Supreme Leader Ayatollah Ali Khamenei. The U.S. Treasury described the move as the most [Read more]
Canada’s Trans Mountain eyes open season later this year for pipeline capacity growth
The operator of Canada's Trans Mountain oil pipeline may launch a process this year to formally gauge commercial interest in the first of a series of potential projects to increase the system's capacity, CEO Mark Maki said on Wednesday. The process, known as an "open season," would determine whether there is enough shipper interest to go ahead with introducing chemical additives that reduce pipeline friction, allowing for increased flows. Maki said adding these drag-reducing agents could [Read more]
The 2 Tamarack Valley wells that everyone is talking about as the stock hits multi-year highs – StackDX Intel
Tamarack Valley released its Q2 results this morning, and the stock has responded well, currently up ~3% and at multi-year highs. Click here to see the full company press release. Figure 1 Chart courtesy of StockCharts.com Of particular note were the comments around the Clearwater waterflood. The company has seen some excellent results. From the press release: Clearwater production increased by 16% YoY to average 46,486 boe/d(11) (91% oil & liquids) in Q2/25, reflecting [Read more]
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