CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its Q3 2020 financial and operational results, as well as provide an update to its development program and corporate guidance for 2021. “I am extremely proud of the efforts of our team as we continue to safely navigate the global pandemic and its impact on oil prices,” said Paul Wanklyn, President and CEO. “The recently completed financing was an important step in enabling [Read more]
Headlines
Oil rises on declining U.S. crude stocks, hopes for COVID-19 vaccine
Oil prices climbed over 1% on Wednesday, after an industry report showed U.S. crude inventories have fallen more than expected, while hopes of an effective COVID-19 vaccine continued to bolster sentiment. West Texas Intermediate (WTI) crude futures also rose 48 cents, or 1.2%, to $41.84 a barrel, while Brent crude futures were up 48 cents, or 1.1% to $44.09 a barrel at 0445 GMT. Both benchmarks gained nearly 3% on Tuesday. Crude stockpiles fell by 5.1 million barrels last week to about [Read more]
Questerre reports third quarter 2020 results
CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2020. Michael Binnion, President and Chief Executive Officer, commented, “With our credit facility renewed in the quarter, we turned our attention to planning for the future. While global demand for oil and gas has rebounded strongly, it is still below pre-COVID-19 levels. In addition, restrictions related to [Read more]
Topaz Energy Corp. announces third quarter 2020 financial results, declares quarterly dividend and provides 2021 guidance
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]
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]