CALGARY, AB - Journey Energy Inc. (TSX: JOY) ("Journey" or the "Company") announces its financial and operating results for the three and nine month periods ending September 30, 2021. The complete set of financial statements and management discussion and analysis for the periods ended September 30, 2021 and 2020 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the third quarter and year to date for 2021 are as follows: Generated $92.2 [Read more]
Headlines
High steel and oil prices make for huge savings on new and pre-owned storage tanks with Inclusive Energy
With the rebound of oil prices and soaring steel prices, Inclusive Energy is helping to offset the cost of buying newly manufactured tanks by offering new/unused tanks as low as 50% of the original price. Inclusive Energy, based in Calgary, is a specialized company focused on the sales and rental of oilfield equipment, as well as chemical storage and distribution. With its massive inventory of storage solutions, one-of-a-kind in-house financing, and immediate delivery capability, [Read more]
Pan Orient Energy Corp. – 2021 third quarter financial & operating results
CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSXV: POE) reports 2021 third quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Company is today filing its unaudited consolidated financial statements as at and for the nine months ended September 30, 2021 and related management's discussion and analysis with Canadian securities regulatory [Read more]
XI Technologies: Why data isn’t enough for the pre-licensing and drill planning process
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. To complete the applications necessary for regulatory approval of new drills (such as Directive 056 and Directive 008), it is essential to have the correct data. Whether you gather that data manually or have it provided from a [Read more]
A field proven disruptive technology for hydraulic fracturing: completion without intervention
CALGARY, CANADA - Advanced Upstream, a Canadian oilfield equipment company, has developed LimitlessTM, a disruptive fracturing system, which allows operators to complete unconventional wells without intervention. LimitlessTM is safe, reliable, and consistent. It offers proven economic, operational, and environmental benefits. The system does not require coiled tubing, wireline, or millout operations. The new fracturing sleeve system has no depth limitations while allowing constant frac rate [Read more]
Bonterra Energy Corp. announces closing of follow on brokered private placement debt financing
CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce that it has closed its previously announced $7.5 million follow on brokered private placement debt financing (the "Follow On Offering"). The Follow On Offering consisted of 7,500 units ("Units") issued at a price of $1,000 per Unit and have the same terms as the Units that were issued pursuant to the initial brokered private placement which closed on October 20, 2021. [Read more]
InPlay Oil Corp. announces third quarter 2021 financial and operating results highlighted by record quarterly production and financial results
CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2021 will be available at “www.sedar.com” and our website at “www.inplayoil.com”. We are very pleased to present [Read more]
NuVista Energy Ltd. announces strong third quarter 2021 financial and operating results and 2022 budget
CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce financial and operating results for the three and nine months ended September 30, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This was a successful quarter for NuVista, with results that included the continued ramp-up of production in the new Pipestone North compressor station facility, the [Read more]
Pipestone Energy Corp. reports record third quarter 2021 results and provides an operations update
CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its Q3 2021 financial and operational results, as well as provide an update on its operations. During Q3 2021, Pipestone delivered a third consecutive record quarter with respect to production, revenue, and cash flow, underpinned by the continued efficient execution of its organic development program. Commencing in Q4 2021, the Company expects to generate significant free cash flow, with [Read more]
Rubellite Energy Inc. reports third quarter 2021 financial and operating results and provides operations and guidance update
CALGARY, AB – Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to release its inaugural quarter for the period ended September 30, 2021. Financial and operating results reflect the 27-day period from September 3, 2021, which was the effective date of the Plan of Arrangement under the Business Corporations Act (Alberta) involving Perpetual Energy Inc. ("Perpetual"), the shareholders of Perpetual, and Rubellite. Select [Read more]