Prospera Energy Inc. is structured to be well-capitalized in 2023 to fund the capital development program to capture the significant remaining reserves in place.
March 3, 2023, 6 AM MST
Canadian Natural Resources Limited generated strong fourth quarter and full-year 2022 financial results, generating “substantial free cash flow generation, significant returns to our shareholders and strong reserve growth,” Tim McKay, president, told analysts on a conference call this morning.
March 2, 2023, 11:13 AM MST
Journey Energy Inc. has entered into an agreement with a syndicate of underwriters, led by Stifel FirstEnergy, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 2,265,861 common shares of Journey to be issued as flow-through shares at a price of $6.62 per flow-through share, for total gross proceeds to the company of approximately $15 million.
March 1, 2023, 5:15 AM MST
February 28, 2023, 10:54 AM MST
February 27, 2023, 7:32 AM MST
February 24, 2023, 6:22 AM MST
February 23, 2023, 12 AM MST
The total amount of capital raised in the Canadian oil and natural gas industry in 2022 decreased 75 per cent to $2.7 billion from the $10.8 billion recorded in 2021.
February 22, 2023, 6 AM MST
February 22, 2023, 12 AM MST
February 17, 2023, 7:36 AM MST
Suncor Energy Inc.'s total upstream production increased by about 20,000 bbls/d to 763,100 boe/d in the fourth quarter of 2022 versus 743,300 boe/d in the prior year quarter, primarily driven by increased production from the company's oilsands assets.
February 15, 2023, 10:43 AM MST
Stampede Drilling Inc. has completed the previously announced conversion of its issued and outstanding convertible debentures effective as of Jan. 30, 2023.
February 8, 2023, 7:20 AM MST
A downswing to the rate by which producers are investing is altering the tax landscape faced by these companies in the near-term, said a sector expert.
February 7, 2023, 8:41 AM MST
Blacksteel Energy Inc. has signed an agreement for the acquisition of all of the shares of Drakkar Energy Ltd. and has completed an additional tranche of its private placement financing of common and flow through shares.
February 3, 2023, 12 AM MST
February 1, 2023, 12 AM MST
Saturn Oil & Gas Inc. has closed its previously announced bought deal offering.
January 31, 2023, 9:42 AM MST
Pembina Pipeline Corporation does not intend to exercise its right to redeem the currently outstanding cumulative redeemable minimum rate reset Class A preferred shares, Series 21 on March 1, 2023.
January 31, 2023, 12 AM MST
Canacol Energy Ltd. says the Toronto Stock Exchange has accepted its notice to conduct a normal course issuer bid (NCIB) in accordance with the rules of the TSX.
January 31, 2023, 7:23 AM MST
Lycos Energy Inc.’s board of directors has approved the grant of 11.95 million stock options to certain directors and officers.
January 26, 2023, 12 AM MST
January 26, 2023, 12 AM MST
Prospera Energy Inc. has closed a non-brokered private placement of $1.31 million by the issue of 17.52 million units, each unit consisting of one common share and a partial warrant (0.875:1 warrant to unit ratio), of up to 15.33 million warrants, each whole warrant entitling the holder to subscribe for one additional share for $0.09 for two years from closing.
January 25, 2023, 12 AM MST
January 20, 2023, 12 AM MST
January 19, 2023, 6 AM MST
January 18, 2023, 12 AM MST
Coelacanth Energy Inc.’s board of directors approved the granting of incentive stock options under its stock option plan to acquire up to an aggregate of 3.55 million common shares of the company and the granting of restricted share units (RSUs) under its restricted share unit plan to obtain up to an aggregate of 1.78 million common shares to certain of its directors and officers.
January 17, 2023, 12 AM MST
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