On April 18, 2023, XI Technologies looked at expiring land to provide useful business development intel for service companies and exploration and production (E&P) companies. While not surprised to see that Canadian Natural Resources Limited had the most expiring hectares given their size and activity, we were surprised to see that Grande Prairie, with its prolific and coveted Montney play had the second largest expiring land tranche in the next 12 months. We also noted [Read more]
Headlines
i3 Energy PLC announces settlement of loan notes and new loan facility
Settlement of Outstanding Loan Notes and Establishment of New CAD100 Million Loan Facility EASTLEIGH, UK / ACCESSWIRE / May 31, 2023 / i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the successful settlement of the Company's outstanding £22 million Senior Secured Guaranteed Loan Notes (the "Loan Notes"), due May 31st, 2023, and the establishment of a CAD100 million loan facility, which will provide [Read more]
Prospera Energy Inc. announces 98% increase in current assets in Q1 2023 financial results
CALGARY, Alberta, May 31, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6B: FRA) Prospera announces its first quarter 2023 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements and related management’s discussion and analysis (MD&A) for the quarter ended March 31, 2023. Prospera is pleased to announce increased working capital [Read more]
Oil falls as weak China data offsets US debt ceiling progress
Oil prices extended losses early on Wednesday as worries of slowing demand from top oil importer China after the release of weaker-than-expected economic data outweighed some positive progress on the U.S. debt ceiling bill. Brent crude futures for August delivery fell 28 cents to $73.43 a barrel by 0250 GMT, while U.S. West Texas Intermediate crude (WTI) slipped 26 cents to $69.20 a barrel, with earlier gains reversed after China manufacturing data was released. Both benchmarks fell by more [Read more]
InPlay Oil Corp. provides update on Alberta wildfires and credit facility renewal
CALGARY, AB, May 30, 2023 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") reports that all of the Company's 3,400 boe/d (52% light crude oil & NGLs) of previously reported production down in the Pembina area close to Drayton Valley, Alberta is back on production. Approximately 90% of the production was down for approximately one week after the initial shut-ins with the remainder coming on in stages over the last few weeks. None of our infrastructure incurred [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location May. 30 Major Account Manager - Land Drilling Finning (Canada) Edmonton May. 30 Warehouse Support & Customer Service Representative Roska DBO Fort St. [Read more]
PetroFrontier Corp. announces filing of Q1 2023 financial and operating results and funding arrangement
CALGARY, AB / ACCESSWIRE / May 30, 2023 / PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX-V:PFC) is pleased to announce that the Corporation's Financial Statements and Management's Discussion and Analysis for the period ended March 31, 2023 have been filed on SEDAR (www.sedar.com). Funding Arrangement PetroFrontier is also pleased to announce that it has entered into a funding arrangement with a group of investors providing up to $3 million to drill two multi-lateral wells [Read more]
Highwood Asset Management Ltd. announces 2023 first quarter results
CALGARY, AB, May 30, 2023 /CNW/ - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three months ended March 31, 2023. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2023, can be found at www.sedar.com and www.highwoodmgmt.com. Highlights The focus of the first quarter of 2023 [Read more]
US natgas futures drop 4% on record U.S. output, lower demand forecast
U.S. natural gas futures dropped about 4% on Tuesday on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected. U.S. energy company Equitrans Midstream Corp's long-delayed $6.6 billion Mountain Valley gas pipe from West Virginia to Virginia could win federal approval as part of Washington's debt limit deal. Shares in Equitrans jumped about 43% to $8.70 on the news, putting the stock on track for its highest close since [Read more]
CCMA Winner, Dean Brody performs July 11th for the Bootleggin’ Breakfast Stampede After-Party
We’re proud to announce that the July 11th Bootleggin’ Breakfast after party will feature Platinum Selling, 18x CCMA Winner & JUNO Winner, DEAN BRODY! Corporate Calgary’s Executive Stampede Parties The One & Only…BOOTLEGGIN’ BREAKFAST Networking & Hosting Clients couldn’t be more fun at the most prestigious venues in downtown Calgary! (Tuesday, July 11, 2023 @ Westin Calgary) The July 11th breakfast headliner is a 26x Canadian Country Music Award Winner with over 85 million [Read more]