CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]
Headlines
Chevron offers to sell oil and gas properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions. The second-largest U.S. oil and gas producer last month agreed to buy shale firm PDC Energy Inc in a stock-and-debt deal worth $7.6 billion. In 2020, it acquired Noble Energy in a move that boosted its U.S. shale and international gas holdings. Chevron has been divesting properties [Read more]
Petro-Canada payments systems largely restored in wake of cyberattack: Suncor
CALGARY - Suncor Energy Inc. says it is making progress in resolving the customer disruptions that have occurred this week in the wake of a cyberattack against the oil and gas company. The Calgary-based company says debit and credit transactions are once again available at most of its Petro-Canada retail sites. Many Petro-Canada locations across the country have been cash-only for several days due to what Suncor has described as a "cybersecurity incident." The security breach also [Read more]
Blacksteel Energy Inc. grows 2P reserves by 396% year over year and closes additional financing tranche
Calgary, Alberta--(Newsfile Corp. - June 29, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that it has completed the annual Reserve Assessment and Evaluation and an additional closing ("Closing") of its private placement financing (the "Offering"). Reserve Report Blacksteel engaged GLJ Ltd. to complete the annual reserve assessment and evaluation and is announcing the results in line with the corporate year end of April 30, [Read more]
US natgas up 2% on small storage build, higher demand forecast
U.S. natural gas futures climbed about 2% on Thursday on a smaller-than-expected weekly storage build last week and forecasts for higher demand over the next two weeks than previously expected. In addition, traders noted prices were up on forecasts for hotter-than-normal weather to continue through mid-July and as the amount of gas flowing to liquefied natural gas (LNG) export plants increases after maintenance work. In Texas, power use set a new record on Tuesday and was expected to break [Read more]
Saturn Oil & Gas announces board and management changes and voting results of AGM
Calgary, Alberta--(Newsfile Corp. - June 29, 2023) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce additions to Saturn's board of directors (the "Board") and management team, the voting results of its Annual General and Special Meeting of shareholders (the "Meeting") held on June 28, 2023, and the grant of equity-based compensation. Corporate Updates Board Additions Saturn is pleased to welcome two new directors to [Read more]
Calima Energy announces termination of asset sale talks, provides corporate update
Calima Energy Limited has announced the termination of negotiations with respect to the sale of certain assets. The company published a press release on June 26, 2023 which you can find here. [Read more]
Cenovus Energy releases 2022 ESG report
New methane reduction milestone announced CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) released its 2022 environmental, social and governance (ESG) report today, detailing sustainability performance and progress on its ESG targets. The company also announced a milestone to reduce absolute methane emissions in its upstream operations by 80% by year-end 2028, from a 2019 baseline. “Strong sustainability performance is fundamental to our [Read more]
i3 Energy PLC announces Q1 update, revised capital & dividend programme & investor webinar
Q1 2023 Operational and Financial Update, Revised 2023 Capital and Dividend Programme Investor Webinar via Investor Meet Company EASTLEIGH, UK / ACCESSWIRE / June 29, 2023 / i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces the following Q1 2023 operational and financial update, along with its revised 2023 capital and dividend programme. The Company will hold an investor webinar on Wednesday 5 July 2023 at [Read more]
Oil prices fall on concerns of slow fuel demand, weak China data
Oil prices fell on Thursday, paring some of the previous day's gains, as investors took profits on concerns of further interest rate hikes dampening economic growth and global fuel demand while weak economic data in China also weighed on sentiment. Brent crude futures declined 40 cents, or 0.5%, to $73.63 a barrel by 0444 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 32 cents, or 0.5%, to $69.24 a barrel. Both benchmarks climbed about 3% on Wednesday after the U.S. Energy [Read more]