Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the first quarter ended March 31, 2025, declares a quarterly dividend payment to shareholders, renews credit facility, and provides operations update. Q1 2025 Highlights Attained record quarterly production of 3,833 boe/d (99% heavy oil), a 21% increase over the same period of last year. [Read more]
News
Iran’s Revolutionary Guards warn Israel against any attack
Israel will receive a "devastating and decisive response" if it attacks Iran, Tehran's Revolutionary Guards said on Thursday, days after CNN reported U.S. intelligence suggesting Israel was making preparations to strike Iranian nuclear facilities. "They are trying to frighten us with war but are miscalculating as they are unaware of the powerful popular and military support the Islamic Republic can muster in war conditions," Guards spokesperson Alimohammad Naini said, according to state [Read more]
Canada’s crude oil shift to China schools Trump in unintended consequences: Russell
If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump's trade and tariff measures have forced commodity producers, traders and buyers to re-think long-established relationships, adapt to emerging realities and try to predict what may happen. What is becoming clear is that commodity markets are adjusting not only to actual [Read more]
Venture Global on track to become top US LNG company if CP2 project approved
Venture Global is poised to become the largest U.S. liquefied natural gas company by next year if it proceeds with its CP2 project in Louisiana and continues overproduction at its existing plants, according to LSEG data and company statements. Only a startup three years ago, Venture Global currently has a combined capacity to produce 38.5 million metric tons per annum (mtpa) of LNG from its two operational plants in Louisiana, LSEG data show. That could surge to 66.5 mtpa after it approves [Read more]
Fraser Institute News Release: Doubling Canadian natural gas production and exporting to Asia could reduce global emissions by up to 630 million tonnes–nearly as much as Canada produces in a year
VANCOUVER, BC, May 22, 2025 /CNW/ - Canada could help significantly reduce global greenhouse gas emissions by increasing natural gas production and exporting the additional supply to Asia in the form of liquefied natural gas (LNG), according to a new study from the Fraser Institute, an independent, non-partisan Canadian public policy think tank. "As countries like China and India continue to burn coal for power, Canadian LNG offers a lower-emission alternative with the potential [Read more]
Tuktu Resources Ltd. Announces First Quarter 2025 Results and Operations Update
Calgary, Alberta--(Newsfile Corp. - May 21, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2025, as well as an operations update. Selected financial and operating information should be read in conjunction with Tuktu's unaudited interim condensed financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2025, copies of [Read more]
Kiwetinohk announces annual general and special meeting results
CALGARY, AB, May 21, 2025 /CNW/ - (TSX: KEC) Kiwetinohk Energy Corp. (the "Company") held its Annual General and Special Meeting of Shareholders (the "Meeting"). The following sets forth a brief description of each matter that was voted upon at the Meeting and the outcome of the vote. A detailed description of the business of the Meeting is contained in the Company's management information circular dated April 2, 2025. The total number of common shares represented by shareholders [Read more]
Prospera Energy Announces Financing & Operations Update and Q1 2025 Financials
CALGARY, Alberta, May 21, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) Financing Update Prospera Energy is pleased to announce it has secured commitments for $3 million, with a substantial portion coming from company insiders through the recently announced convertible debenture and existing financing instruments. The funding is specifically earmarked for the recently initiated capital program and will be released in multiple [Read more]
TOP WELL REPORT – March volumes – CNRL’s Duvernay acquisition pays off, while Ovintiv brings on huge natural gas wells at Sunrise – StackDX Intel
Production data is out for March! As always, we use calendar day production metrics so these are real volumes produced in the month. StackDX Intel subscribers can generate these reports for themselves whenever they want, and interact with the wells on the StackDX Intel activity map. Subscribers are able to generate top well reports with more wells, on an overall basis, by formation, by company, by area, or by well type. What exactly is StackDX Intel? See for yourself here with our new [Read more]
Bonterra Energy Corp. Announces Approval of All Resolutions at Annual Meeting of Shareholders and Voting Results
CALGARY, AB, May 21, 2025 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announced that at its annual meeting of shareholders held on May 21, 2025, a total of 37,324,880 shares, representing 34.07% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 10, 2025, including the election of each of the six nominees proposed as directors. The [Read more]
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