CALGARY, ALBERTA--(Newsfile Corp. - May 7, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce financial and operating results for the three months ended March 31, 2025. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the [Read more]
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Well (Pad) of the Week – Eight times is geomechanics
“Once is happenstance. Twice is coincidence. Three times is enemy action.” Ian Fleming – Goldfinger It has been a very long time since I have posted an article in the Well of the Week series. But fear not, faithful readers, I have been keeping a list of topics for when I have time to return to the WotW project. This hiatus is not for a lack of subject material but instead has been due to two reasons. The first is that my available time for such pursuits has been absorbed by the need to [Read more]
Weekly Word Wandering: What Carney might have said to Trump instead, cheap drones vs. expensive planes, Diamondback sets things straight, and more
What Mark Carney should have said to Donald Trump As a preamble to offering advice, we need to keep in mind that Carney was in the lion’s den, surrounded by lions just waiting for him to contradict Trump in any way, the threat of Zelensky 2.0 hanging tangibly in the air. Trump laid a dozen land mines that largely paralyzed Carney, who to his credit didn't step on one. Nevertheless, it could have been done much better, as in: “Mr. President, thank you for the invitation to meet in this [Read more]
The Methane Imperative: Industry Leader’s Insights on Policy, Technology, and Collaboration in a Shifting Landscape
Insights from MELA, bp, Kinder Morgan, IOGP, OGCI and Methane Guiding Principles "In Canada, operators have been mitigating methane emissions for nearly two decades, and in the U.S., progress has been steady over the last few years, particularly with the implementation of the Inflation Reduction Act (IRA) and state-level regulations. Will operators continue to unlock internal capital to invest in the necessary technologies and solutions to sustain methane mitigation efforts? Regardless, [Read more]
InPlay Oil Corp. Announces First Quarter 2025 Financial and Operating Results and Updated 2025 Capital Budget Post Closing of the Highly Accretive Pembina Asset Acquisition
CALGARY, AB, May 8, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three months ended March 31, 2025 and an updated 2025 capital budget following the successful completion of the strategic acquisition of Cardium light oil focused assets (the "Acquired Assets") in the Pembina area of Alberta (the "Acquisition") from Obsidian Energy Ltd. And certain of its affiliates (collectively "Obsidian"). InPlay's [Read more]
US sanctions on China refiners over Iran oil disrupt operations, sources say
Recent U.S. sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell product under other names, sources familiar with the matter said, evidence of the disruption that Washington's stepped-up pressure is inflicting on Tehran's biggest oil buyer. The targeting of independent refiners, known as teapots, marked an escalation in Washington's efforts to cut off Tehran's export revenue as President Donald Trump seeks to pressure [Read more]
Canadian Natural Resources Limited Announces 2025 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's Q1/25 results, "We have a long track record of being an industry leading effective and efficient producer while consistently delivering top tier operational and financial performance. All our employees are shareholders, with a strong focus on continuous improvement, consistently driving strong results. In Q1/25 we achieved record quarterly production of [Read more]
Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2025
Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2025. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2025 2024 % Petroleum and natural gas sales 142,501 126,391 13 Cash [Read more]
Cenovus announces first-quarter 2025 results
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 billion of adjusted funds flow and $983 million of free funds flow. Operating results in the quarter were strong, with Upstream production increasing to 818,900 barrels of oil equivalent per day (BOE/d)1 while Downstream crude throughput was 665,400 [Read more]
Rubellite Energy Corp. reports first quarter 2025 financial and operating results
CALGARY, AB, May 7, 2025 /CNW/ - (TSX: RBY) – Rubellite Energy Corp. ("Rubellite" or the "Company"), is pleased to report its first quarter 2025 financial and operating results and provide an operations and guidance update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed consolidated interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March [Read more]
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