Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


PrairieSky Royalty Announces Conference Call for Q3 2022 Results

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CALGARY, Alberta, Oct. 05, 2022 (GLOBE NEWSWIRE) — PrairieSky will release its Q3 2022 results on Monday, October 24, 2022 after markets close. The news release detailing PrairieSky’s Q3 2022 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com.

A conference call to discuss the results will be held for the investment community on Tuesday, October 25, 2022 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, you are asked to register at the link … Continue Reading

X-TERRA RESOURCES COMPLETES TRENCHING PROGRAM AT THE NORTWEST PROPERTY

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ROUYN-NORANDA, QC, Oct. 5, 2022 /CNW/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) has completed 100% of its planned trenching program at the Northwest property located in Restigouche county, New Brunswick. The major highlight of the program was the identification of a sub-outcropping quartz veins systems associated with carbonate bearing alteration and sulfides where recent soil geochemistry results indicated a strong gold signature.

A total of nine trenches were completed, totalling 491 metres covering eight gold in soil targets, a common feature identified in the trenches was strong shearing, in addition to fault zones in sediments. … Continue Reading

IsoEnergy Provides Update on Summer Exploration Results

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SASKATOON, SK, Oct. 5, 2022 /CNW/ – IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO) (OTCQX: ISENF) is pleased to provide an update on the results of summer exploration work on its 100% owned eastern Athabasca Basin uranium properties (Figure 1).

Highlights

  • Diamond drilling totalling 6,648 metres in 20 drill holes at the Larocque East, Trident and Geiger projects
  • Airborne surveying at Evergreen, Spruce, East Rim, Full Moon, and Edge
  • Staking of nine claims totalling 4,349 hectares

    • Tim Gabruch, President and Chief Executive Officer commented: “IsoEnergy is very encouraged by the results that were intersected at all three … Continue Reading

    SHAMARAN ANNOUNCES SARSANG LIFTING AGREEMENT AMENDMENT SIGNED WITH KRG

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    VANCOUVER, BC, Oct. 4, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms that the Sarsang operator, on behalf of itself and the Company’s wholly-owned subsidiary, ShaMaran Sarsang A/S, has signed an amendment to the Sarsang Block Lifting Agreement with the Kurdistan Regional Government regarding the sale and purchase of all crude oil production from Sarsang Block.  This amendment became effective retroactively to September 1, 2022.  The primary effect of the new Lifting Agreement is to change the reference price for Sarsang crude oil sales … Continue Reading

    Peyto Announces Leadership Update

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    CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) announces today that Darren Gee will retire as Chief Executive Officer of Peyto at the end of 2022. As part of an orderly and planned leadership succession process, the Company’s current President and Chief Operating Officer, Mr. Jean-Paul Lachance will advance to the position of President and CEO at that time. Mr. Lachance, who joined Peyto in 2011 as the VP Engineering and assumed the role of President in November of 2021, will continue to lead Peyto’s senior management team which … Continue Reading

    Precision Drilling Corporation Announces Addition of New Director

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    CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) is pleased to announce the addition of Lori A. Lancaster to its Board of Directors (the “Board”). Lori has over 25 years of experience as a strategic and financial advisor to the global natural resources sector and has served as a board member of both publicly traded and private companies within the sector. The Board believes Ms. Lancaster is qualified to serve as a Director due to her extensive knowledge and experience and that her addition will enhance Precision’s existing Board.

    Ms. Lancaster … Continue Reading

    Vermilion Energy Inc. Acquires Common Shares of Coelacanth Energy Inc.

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    CALGARY, AB, Oct. 4, 2022 /CNW/ – Vermilion Energy Inc. (“Vermilion”) (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the “Early Warning Report”) in respect of its holdings in Coelacanth Energy Inc. (“Coelacanth”).

    Vermilion has acquired ownership of, or control and direction over, additional common shares (“Common Shares”) of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file an early warning report, as a result of the following transactions (collectively, the “Transactions”):

    (a)       

    from June 20, 2022 to October 3, 2022, … Continue Reading

    TC Energy to build its first solar energy project in Canada

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    Future rendering of TC Energy solar farm at Saddlebrook, near Aldersyde, Alta.

    CALGARY, Alberta, Oct. 04, 2022 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will begin pre-construction activities of the Saddlebrook Solar Project located near Aldersyde, Alberta. TC Energy is investing $146 million to build its first Canadian solar power project. It has the capacity to generate 81 megawatts, enough energy to power 20,000 homes annually. The initial construction includes installing solar panels on TC Energy property in the local industrial park.

    “This is the first utility-scale solar project to be fully developed … Continue Reading

    Alvopetro Announces Drilling Results from the 182-C2 Well & September 2022 Sales Volumes

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    CALGARY, AB, Oct. 4, 2022 /CNW/ – Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF). We are pleased to announce drilling results from our 182-C2 well.  We completed drilling the 182-C2 well to a total measured depth (“MD”) of 3,185 metres on our 100% owned and operated Block 182 in the Recôncavo basin.

    Based on open-hole wireline logs, at 2,607 metres total vertical depth (“TVD”), the well encountered 10.9 metres of potential net hydrocarbon pay in the Agua Grande Formation, with an average porosity of 8.9% and average water saturation of 25.1%, using a 6% porosity cut-off, 50% Vshale cut-off … Continue Reading

    E3 Lithium Announces Acquisition of Clearwater Royalty

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    CALGARY, AB, Oct. 4, 2022 /CNW/ – E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), Alberta’s leading lithium developer and Direct Lithium Extraction (DLE) technology innovator is pleased to announce it has acquired the Clearwater Project Gross Overriding Royalty (the “Royalty”).

    The Royalty was negotiated in 2016 during the original amalgamation of E3 Lithium’s (E3) permits in the Clearwater Project Area within the Bashaw District. As part of the original agreement, E3 had the option to purchase the Royalty by September 30, 2022. The Royalty would have provided the original owner with 2.25% of gross revenue from … Continue Reading

    Africa Energy Commences Operations on Block 2B Offshore South Africa

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    VANCOUVER, BC, Oct. 4, 2022 /CNW/ – Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas exploration company, is pleased to announce the arrival of the Island Innovator semi-submersible drilling rig on Block 2B and the commencement of operations on the Gazania‐1 exploration well offshore South Africa. View PDF version.

    Jan Maier, Africa Energy’s VP Exploration, commented: “We are excited to commence operations with the arrival of the rig on Block 2B. The block has significant resource potential in shallow water and contains the A-J1 discovery … Continue Reading

    ROYAL HELIUM LTD. ANNOUNCES $5 MILLION “BOUGHT DEAL” FINANCING

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    SASKATOON, SK, Oct. 3, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (collectively the “Underwriters“), which have agreed to purchase, on a bought deal basis, 19,231,000 units (the “Units“) of Royal at a purchase price of $0.26 per Unit (the “Offering Price“), for aggregate gross proceeds in the amount of approximately $5 million… Continue Reading