CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three months ended March 31, 2023. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2023 and 2022, which are filed on SEDAR at [Read more]
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Birchcliff Energy Ltd. announces voting results from 2023 annual and special meeting of shareholders
CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 11, 2023 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 27, 2023 (the “Information Circular”) and approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy of [Read more]
US weekly natgas rig count falls by most since 2016
The U.S. oil and natural gas rig count fell this week to its lowest in nearly a year, as gas rigs slumped by the most in a week since February 2016, energy services firm Baker Hughes Co said in its closely followed report on Friday. U.S. natural gas futures jumped over 5% shortly after Baker Hughes issued the report on expectations the rig count reduction would cut output later this year. The oil and gas rig count, an early indicator of future output, fell by 17 to 731 in the week to May [Read more]
US natgas futures climb 4% as producers drop rigs
U.S. natural gas futures climbed about 4% on Friday on worries output will decline in the future after energy companies this week cut the number of rigs drilling for gas by the most in seven years. The gas rig count, an early indicator of future output, fell by 16 to 141 in the week to May 12, the lowest since April 2022, energy services firm Baker Hughes Co said in its closely followed report. That weekly gas rig decline was the most since February 2016. Before Baker Hughes released its [Read more]
Alberta wildfire fighters prepare for hot, dry days ahead
An extended period of hot dry weather that risks worsening wildfires in Alberta began on Friday, with special weather alerts in place across western Canada and officials warning people to be vigilant. More than 100 wildfires have ignited across Alberta since last week, forcing tens of thousands of people to evacuate their homes and oil and gas producers to shut in at least 319,000 barrels of oil equivalent per day (boepd), or 3.7% of the country's production. A few days of cooler weather [Read more]
InPlay Oil Corp. announces first quarter 2023 financial and operating results
CALGARY, AB, May 12, 2023 /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, 2023. InPlay's condensed unaudited interim financial statements and notes, as well as Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2023 will be available at "www.sedar.com" and our website at "www.inplayoil.com". Our corporate presentation will soon be available on our [Read more]
Crescent Point announces Q1 2023 results
CALGARY, AB, May 12, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2023. KEY HIGHLIGHTS Closed the strategic acquisition of Alberta Montney assets, which includes 38,000 boe/d and over 20 years of premium inventory. Generated $153.4 million of excess cash flow in first quarter, driven by the Company's high netback asset [Read more]
Touchstone announces first quarter 2023 financial and operating results
CALGARY, AB / ACCESSWIRE / May 12, 2023 / Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX:TXP)(LSE:TXP) reports its operating and financial results for the three months ended March 31, 2023. Selected information is outlined below and should be read in conjunction with our March 31, 2023 unaudited interim condensed consolidated financial statements and related Management's discussion and analysis, both of which will be available under our profile on SEDAR [Read more]
Oil prices fall, set for 4th weekly drop, as demand fears weigh
Oil prices fell on Friday, set for their fourth weekly decline, as renewed economic concerns in the United States and China revived anxieties about fuel demand growth in the world's two largest oil consumers. Brent crude futures fell by 37 cents, or 0.49%, to $74.61 a barrel by 0510 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 30 cents, or 0.42%, to $70.57. Both benchmarks are set to fall by about 1% for the week, which would be the longest streak of weekly declines [Read more]
Athabasca Oil Corporation announces results from 2023 annual shareholder meeting
CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 11, 2023 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive of all votes cast and proxies [Read more]