Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


TENAZ ENERGY CORP. ANNOUNCES 2023 ANNUAL MEETING RESULTS

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CALGARY, AB, June 1, 2023 /CNW/ – Tenaz Energy Corp. (“Tenaz”, “We”, “Our”, “Us” or the “Company”) (TSX: TNZ) is pleased to announce the results from its annual meeting of shareholders (the “Meeting”) held on June 1, 2023. A total of 9,693,440 common shares, representing approximately 35% of the Company’s issued and outstanding common shares, were represented in person or by proxy at the Meeting.

All of the matters put forward before the shareholders, as set out in the Company’s management information circular dated April 28, 2023, were approved by the requisite majority of votes cast at … Continue Reading

TIDEWATER MIDSTREAM PROVIDES OPERATIONAL UPDATE FOLLOWING SUCCESSFUL TURNAROUND AT ITS PRINCE GEORGE REFINERY

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(TSX:TWM)

CALGARY, AB, June 1, 2023 /CNW/ – Tidewater Midstream and Infrastructure Ltd.’s (“Tidewater”) (TSX: TWM) downstream operations have resumed at its Prince George Refinery following a safe and successful planned turnaround. Scheduled on a four-year cycle, the turnaround was completed on time and on budget, with the maintenance investment representing the majority of Tidewater’s 2023 capital budget.

Additionally, Tidewater has resumed operations at its Brazeau River Complex (“BRC”), which was impacted by the wildfires in the area and related evacuation orders earlier … Continue Reading

InPlay Oil Corp. Confirms Monthly Dividend for May 2023

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CALGARY, AB, June 1, 2023 /CNW/ – InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.015 per common share payable on June 30, 2023, to shareholders of record at the close of business on June 15, 2023.  The monthly cash dividend is expected to be designated as an “eligible dividend” for Canadian federal and provincial income tax purposes.

About InPlay Oil Corp.

InPlay is a junior oil and gas exploration and production company with operations in Alberta focused … Continue Reading

Shawcor Sells Its Shaw Pipeline Services Business

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TORONTO, June 01, 2023 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) announced today that it has sold its Shaw Pipeline Services (“SPS”) operating unit to a US-based investor group which includes Achieve Capital LLC and members of current SPS management. This transaction resulted from the Company’s previously announced strategic review process.

With this sale, the Company’s Pipeline and Pipe Services (“PPS”) segment will consist entirely of the Pipeline Performance Group (“PPG”) operating unit, for which a previously communicated strategic review process is ongoing.

“Today’s announcement is consistent with the Company’s strategy to direct capital into a … Continue Reading

Westport Announces Effective Date of Share Consolidation

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VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX:WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies is pleased to announce, further to its April 26, 2023 press release, the completion of the Company’s proposed consolidation of its common shares (“Common Shares”) on the basis of (1) new post-consolidation Common Share for every ten (10) existing pre-consolidation Common Shares (the “Consolidation”).

As of the date hereof, and following the Consolidation, there are 17,174,972 Common Shares issued and outstanding. Immediately prior to the Consolidation, the Company had 171,751,409 … Continue Reading

SOURCE ROCK ROYALTIES CLOSES S.E. SASKATCHEWAN LIGHT OIL FEE TITLE & ROYALTY ACQUISITION WITH DRILL COMMITMENTS

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CALGARY, AB, June 1, 2023 /CNW/ – Source Rock Royalties Ltd. (“Source Rock”) (TSXV: SRR) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties, announces that it has closed the acquisition of fee title mineral interests in two quarter sections of land (the “Fee Title”) and a 2% gross overriding royalty (the “GORR”) in approximately 5,800 gross acres (9 sections) of land in S.E. Saskatchewan (the “GORR Lands”). The combined purchase price for the transactions was $3.3 … Continue Reading

TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

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(TSX:TWM)

CALGARY, AB, June 1, 2023 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation“) (TSX: TWM) is pleased to announce the voting results from our annual general and special meeting of holders of common shares (“Shares“) of the Corporation held in Calgary, Alberta on May 31, 2023 (the “Meeting“). A total of 271,641,616 Shares representing 63.94 percent of the outstanding Shares were voted in connection with the Meeting. The holders of Shares: (i) set the number of directors at seven; (ii) elected Thomas Dea, Robert Colcleugh, Doug Fraser, Margaret A. (Greta) Raymond, … Continue Reading

Petro Victory Energy Appoints Thomas Christian Cooper to its Board of Directors

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DALLAS, June 1, 2023 /CNW/ – Petro Victory Energy (TSXV: VRY) is pleased to announce the appointment of Thomas Christian Cooper as a new member of its Board of Directors. Mr. Cooper’s extensive experience and expertise in the energy industry, particularly in energy and environmental infrastructure investments, make him a valuable addition to the board.

Mr. Cooper is the Founder and Managing Partner of Owl Investments, where he has successfully overseen projects and identified valuable opportunities in the energy sector. He currently serves as Managing Principal of Nest Sustainable Waste, LLC, a platform dedicated to investing in energy and … Continue Reading

PARAMOUNT RESOURCES LTD. ANNOUNCES APPOINTMENT OF DIRECTOR AND JUNE DIVIDEND

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CALGARY, AB, June 1, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce the appointment of Ms. Jill McAuley of Calgary, Alberta to its Board of Directors (the “Board”). Ms. McAuley has 19 years of operational and technical experience in the oil and natural gas sector, including senior executive responsibility for corporate strategy, asset development, reservoir management, marketing and forecasting. She was a founder and Senior Vice President of Deltastream Energy Corporation from 2014 until its successful sale in 2022. From 2004 to 2014, Ms. McAuley was an exploitation engineer with an … Continue Reading

G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agreement for Tocantinzinho Gold Project

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TSXV: GMIN
OTCQX: GMINF

All amounts are in USD unless stated otherwise

  • Binding, multi-year, power purchase agreement executed, ensuring low-cost and renewably generated power to completely meet the requirement of the Tocantinzinho Project through commissioning, ramp-up and initial years of commercial production
  • All-in cost of electricity ~25% lower than estimates used in the 2022 Feasibility Study, with fixed energy pricing for 2024, 2025 and 2026
  • Guaranteed supply of certified renewable hydroelectric power, with traceability, in line with GMIN’s target of being a low CO2 emission gold producer

    • BROSSARD, QC, June 1, 2023 /CNW/ – G Mining Ventures Corp. (“GMIN” … Continue Reading

    Precision Drilling Corporation Provides Activity Update

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    CALGARY, Alberta, June 01, 2023 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release.

    Precision Drilling Corporation (TSX:PD; NYSE:PDS) (“Precision” or the “Company”) today provides an update on its North American drilling operations.

    In Canada, we have 46 rigs active today and expect to have over 60 rigs active by the end of the month as we begin to … Continue Reading

    Shawcor Secures Five Pipe Coating Contract Awards and One Letter of Intent, Collectively Valued at Over $150M

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    TORONTO, May 31, 2023 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) (“Shawcor” or the “Company”) announced today that its pipe coating division, Pipeline Performance Group (“PPG”), has received five formal contract awards and one letter of intent (“LOI”) for development projects in South America, Mexico and the Ivory Coast. The coating value of these projects collectively exceeds $150M. These commitments include:

  • Two Purchase Orders (“PO”) for the provision of insulation coating services on South American offshore projects. These projects were previously announced as being under a letter of intent (“LOI”). Project initiation is expected to begin in the second quarter
    • … Continue Reading