CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce financial results for the three and nine months ended September 30, 2020. Highlights Generated total revenue and other income(1) of $26.4 million and $69.2 million for the three and nine months ended September 30, 2020, respectively; Generated EBITDA(2) of $23.9 million and $62.2 million, realizing an EBITDA margin(2) of 91% and 90%, for the three and nine months ended September 30, 2020, [Read more]
Headlines
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 Nov. 10 Project Manager Brunel Calgary Nov. 9 Intermediate Environmental Scientist Vertex Calgary Nov. 9 Data Analyst (Emissions [Read more]
Perpetual Energy Inc. reports third quarter 2020 financial and operating results
CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") herein releases its third quarter 2020 financial and operating results. A complete copy of Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2020 can be obtained through the Company's website at www.perpetualenergyinc.com and SEDAR at www.sedar.com. THIRD QUARTER 2020 HIGHLIGHTS Capital [Read more]
Jupiter reports third quarter 2020 results
CALGARY, AB - Jupiter Resources Ltd. and its affiliates (collectively, "Jupiter" or the "Company") today reported financial and operating results for the third quarter of 2020. Jupiter's third quarter financial results have been posted to the investor portal on the Company website. The Company will be hosting a conference call to discuss results on November 12, 2020. Conference Call Date: Thursday, November 12, 2020 Time: 9:00 a.m. MT (11:00 a.m. [Read more]
Tamarack Valley Energy Ltd. announces 2020 third quarter results & guidance update
CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three and nine month periods ended September 30, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2020 and related management's discussion and analysis ("MD&A") which are [Read more]
Alberta farmers file what may be first class-action lawsuit over unpaid oil leases
CALGARY - An Alberta farm family has filed what could be the first class-action lawsuit against an energy company for not making its lease payments. In a statement of claim filed in Calgary, Reinhold and Thyla Kautz of Strathmore say Calgary-based AlphaBow Energy Ltd. has reneged on a lease deal that compensates them for the use of their land. In the claim, which hasn't been tested in court, the couple says AlphaBow said in May it wouldn't be paying its annual lease fee due that [Read more]
ELM Inc. – Driving client success on grant applications and liability reduction
ELM has been very successful in 2020 working on behalf of our clients to access funding through the various provincially administered site rehabilitation subsidy programs. Making sure these funds are deployed in the most effective way possible is our commitment to them. Since the inception of the SRP program, we have worked with over 14 licensees as Prime Contractor, and received significant approvals, while contributing to achievement of their ESG mandates. With our First Nations partners, [Read more]
What’s in store for Alberta with a Biden presidency?
Over the weekend, it was announced that Joe Biden will be the next President of the United States, ending days of speculation for the world. The news has Albertans wondering just how this will affect not only them but their oil and gas industry. The sector has been through a tumultuous year, navigating its way through a global pandemic, seeing spending slashed, and enduring thousands of job layoffs. The U.S. is Canada’s biggest customer of oil and natural gas exports, and with Biden’s [Read more]
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2020
Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2020. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 (CA$ thousands, except as otherwise indicated) 2020 2019 % 2020 2019 % Petroleum and natural gas [Read more]
Successful vaccine would boost oil consumption, but not for 6-12 months
Coronavirus vaccines are expected to boost international passenger transportation and oil consumption, but the first significant impact will not be felt until well into the second half of 2021, based on futures price movements on Monday. Brent calendar spreads surged that day as traders priced in an announcement from Pfizer about successful immunization trials, fuelling optimism an effective vaccine will become available within the next few months. Before Pfizer’s announcement, flat prices [Read more]