Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Enerflex Ltd. Announces Succession Plan for Chief Financial Officer

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CALGARY, Alberta, March 19, 2023 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) (“Enerflex” or the “Company”) today announced that Sanjay Bishnoi, Senior Vice President and Chief Financial Officer, will relinquish his position effective April 10, 2023, to pursue another opportunity. Matthew Lemieux, Enerflex’s Vice President, Corporate Development and Treasury, will be appointed as Interim Chief Financial Officer following Mr. Bishnoi’s departure.

“Over three and a half years ago, we brought Sanjay aboard expecting that his disciplined approach to investing would facilitate accretive growth in our recurring Energy Infrastructure business. After successfully managing our financial position through the COVID-19 pandemic, he … Continue Reading

Keyera Announces Timing of 2023 Virtual Annual Meeting

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CALGARY, AB, March 17, 2023 /CNW/ – Keyera Corp. (TSX: KEY) (“Keyera”) will be holding its Annual Meeting of Shareholders on Tuesday, May 9, 2023, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time) in a virtual only format.

The meeting will be conducted via a live audio webcast and will provide all shareholders an opportunity to participate regardless of their geographic location. The meeting will be conducted online only; there will be no physical meeting venue to attend. The webcast link can be found here or on Keyera’s website at https://www.keyera.com under Investors, Events and … Continue Reading

HORIZON PETROLEUM LTD. ‎ANNOUNCES TERMINATION OF LETTER OF INTENT AND PROVIDES UPDATE

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/Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any ‎failure to comply with this restriction may constitute a violation of U.S. Securities laws.‎/

CALGARY, AB, March 16, 2023 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) announces that the proposed transaction for a certain European oil and gas company first announced on ‎January 12, 2023, has been terminated. The Company could not reach final agreeable terms with the vendor.

Trading in the Horizon shares on the NEX Board has been halted at the request of the Company … Continue Reading

STAMPEDE DRILLING ANNOUNCES 2022 FINANCIAL RESULTS AND THE APPOINTMENT OF NEW DIRECTORS

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CALGARY, AB, March 16, 2023 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces today its consolidated financial and operational results for the three month and year ended December 31, 2022.

The following should be read in conjunction with the Corporation’s consolidated financial statements and the notes thereto for the year ended December 31, 2022, related management’s discussion and analysis and annual information form, which are available on SEDAR at www.sedar.com.

All amounts or dollar figures are denominated in thousands of Canadian dollars except for per share amounts, number of drilling rigs, and … Continue Reading

Condor Announces 2022 Year End Results

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CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Condor Energies Inc. is an internationally focused, publicly traded energy company (“Condor” or the “Company”) with activities in the Republic of Kazakhstan (“Kazakhstan”) and the Republic of Turkiye (“Turkiye”), is pleased to announce the release of its audited consolidated financial statements for the year ended December 31, 2022 and 2021 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. … Continue Reading

FLINT announces Management Changes

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CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) announces that Randy Watt, Chief Financial Officer, has retired from FLINT effective March 31, 2023. Mr. Watt joined FLINT in November 2018 and provided financial leadership through the Covid-19 pandemic and subsequent market recovery and the implementation of a new enterprise resource planning system. “On behalf of FLINT, we would like to thank Randy for his years of service with the company and wish him well in his future endeavours”, said Barry Card, Chief Executive Officer.

The Company has engaged an executive search firm to identify … Continue Reading

Cardinal Energy Ltd. Announces Monthly Dividend for March

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CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) confirms that our March dividend of $0.06 per common share will be paid on April 14, 2023 to shareholders of record on March 31, 2023. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes.

About Cardinal Energy Ltd.

Cardinal works to continually improve its Environmental, Social and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, … Continue Reading

CANASIA ENERGY CORP. 2022 Year-end Financial & Operating Results

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CALGARY, AB, March 16, 2023 /CNW/ – CanAsia Energy Corp. (“CanAsia” or the “Company”) (TSXV: CEC) reports 2022 year-end and fourth quarter consolidated financial and operating results. 

The Company is today filing its audited consolidated financial statements as at and for the three months ended December 31, 2022 and the period from May 27, 2022 (date of incorporation) to December 31, 2022 and related management’s discussion and analysis with Canadian securities regulatory authorities.  Copies of these documents may be obtained online at www.sedar.com or the Company’s website, www.canasiacorp.com.

Commenting today on CanAsia’s 2022 fourth quarter results, President and … Continue Reading

Petro-Victory Energy Corp. Announces USD$2.7M Private Placement

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CALGARY, AB, March 16, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that it intends to complete a non-brokered private placement offering of 1,249,360 units of the Company (“Units”) at a price of CAD$3.00 per Unit for gross proceeds of up to CAD$3.748M (the “Offering”). 

‎Each unit will consist of one common share in the capital of the Company (a “Common Share”) … Continue Reading

Calfrac Reports $76.0 Million Adjusted EBITDA With Best Fourth-Quarter Margin Percentage Since 2014

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CALGARY, AB, March 16, 2023 /CNW/ – Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three and twelve months ended December 31, 2022. The following press release should be read in conjunction with the management’s discussion and analysis and audited consolidated annual financial statements and notes thereto as at December 31, 2022. Readers should also refer to the “Forward-looking statements” legal advisory and the section regarding “Non-GAAP Measures” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise … Continue Reading

Grounded Lithium Announces Closing of Strategic Land Acquisition and Increased Resource Base to 4.2 Million Tonnes Lithium Carbonate Equivalent

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CALGARY, AB, March 16, 2023 /CNW/ – (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. (“GLC” or the “Company”) announces the closing of the previously disclosed acquisition of an additional 33 sections (8,498 hectares) of acreage contiguous to the Company’s existing landholdings in the Kindersley Lithium Project (“KLP“) in Western Saskatchewan pursuant to a purchase and sale agreement with Hub City Lithium Corp. The newly acquired lands will be integral to our future development plans at the KLP, which now stands at approximately 300 sections (77,477 hectares). The acquisition brings GLC’s total corporate landholdings, both Crown and freehold, to … Continue Reading

ALIMENTATION COUCHE-TARD ANNOUNCES THE FIRM OFFER TO ACQUIRE CERTAIN EUROPEAN ASSETS FROM TOTALENERGIES

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LAVAL, QC, March 16, 2023 /CNW/ – Alimentation Couche-Tard Inc. (“Couche-Tard” or the “Corporation”) (TSX: ATD) announces today that it has agreed to a firm and irrevocable offer to acquire certain assets to be carved out from TotalEnergies and has entered into exclusive negotiations on this basis. The proposed acquisition would comprise 100% of TotalEnergies retail assets in Germany and the Netherlands as well as a 60% controlling interest in the Belgium and Luxembourg entities. The proposed acquisition will be submitted to the relevant employee representative bodies and remains subject to customary regulatory approvals.

The retail assets included in … Continue Reading