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Oil & Gas News Headlines | BOE Report Oil & Gas News, Activity, and Information
- Obsidian Energy announces increased 2024 production guidance and revised capital programon September 30, 2024
• Revised 2024 guidance range upward to 37,000 to 37,400 boe/d with continued outperformance of development program • Recalibrated fourth quarter 2024 capital program to allow incremental share buybacks and additional debt reduction • Licensed initial well targeting Belly River formation in Willesden Green to be drilled in the fourth quarter Calgary, Alberta–(Newsfile Corp. – [Read more]
- Prairie Provident announces closing of initial $10 million subscription under Rights Offeringon September 30, 2024
CALGARY, Alberta, Sept. 30, 2024 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) is pleased to announce the closing of the initial $10.0 million subscription by its principal shareholder, PCEP Canadian Holdco, LLC (“PCEP”), under the Company’s previously-announced $13.2 million rights offering (the “Rights Offering”). Up to 529,579,000 common shares [Read more]
- US buys 6 million barrels of oil for Strategic Petroleum Reserveon September 30, 2024
The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the Department of Energy said on Monday. The purchases are part of an effort to replenish stockpiles after President Joe Biden ordered the largest ever sale from the reserve in 2022 of 180 million barrels in [Read more]
- White Tundra Petroleum announces corporate update and operational update of its oil & gas properties in Loyalist and Wildunn, Albertaon September 30, 2024
LLOYDMINSTER, AB, Sept. 30, 2024 /CNW/ – White Tundra Petroleum Ltd. is pleased to announce completion of workover and production optimization activities on both its Loyalist and Wildunn properties, which has resulted in production over the last 7 days (September 23, 2024 through September 29, 2024) averaging 142 boe/d consisting of 84 barrels of oil per [Read more]
- International Petroleum Corporation announces results of Normal Course Issuer Bid and updated share capitalon September 30, 2024
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 138,500 IPC common shares (ISIN: CA46016U1084) during the period of September 23 to 30, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, is [Read more]
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