CALGARY, AB, Jan. 23, 2023 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) today announced its 2022 fourth quarter production, Green Energy and financial results update as well as a drilling summary.  The company plans to release its 2022 year-end financial results and 2022 reserve report prior to TSX market open on Wednesday, March 8, 2023.

TORONTO, Jan. 10, 2023 /CNW/ – Pat Carlson, Chief Executive Officer, Kiwetinohk Energy Corp. (TSX: KEC), and his team joined Berk Sumen, Head, Company Services, Toronto Stock Exchange (TSX), to open the market and celebrate the Company’s new listing to Toronto Stock Exchange.

Kiwetinohk’s mission is to build a profitable energy transition business providing clean, reliable, dispatchable, affordable energy. Kiwetinohk develops and produces natural gas and related products and is in the process of developing renewable power, natural gas-fired power, carbon capture and hydrogen clean energy projects.

Additional details are available within the year-end documents available on Kiwetinohk’s website … Continue Reading

CALGARY, AB, Dec. 20, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Company’s application for an automatic share purchase plan (ASPP) and normal course issuer bid (NCIB). The ASPP is intended to allow for the purchase of Kiwetinohk’s common shares under the NCIB at times when Kiwetinohk would ordinarily not be permitted to purchase common shares due to regulatory restrictions and customary self-imposed blackout periods.

The NCIB is anticipated to commence December 22, 2022 and to expire December 21, 2023. Kiwetinohk may purchase up to … Continue Reading

CALGARY, AB, Dec. 14, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) today announced its 2023 budget and three-year outlook. The Company began preparing to launch a normal course issuer bid.

Kiwetinohk’s 2023 budget is focused on delivering multiple strategic initiatives:

CALGARY, AB, Nov. 16, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) today clarifies its current sales by providing updated corporate sales levels and fourth quarter 2022 guidance.  The Company is also increasing its annual guidance for 2022 and providing an operational update on its new well performance, well costs and expected investment payouts on new well pads.

Sales averaged approximately 17,000 boe/d for the month of October.  Total corporate sales are expected to average between approximately 26 – 27 thousand boe/d for each of November and December for an expected fourth quarter average of approximately 23 – 24 … Continue Reading

CALGARY, AB, Nov. 10, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) today announced its third quarter 2022 results, provided initial November well results and updated its Green Energy and carbon capture, utilization and storage (CCUS) project inventory. 

Upstream

CALGARY, AB, Oct. 19, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) plans to report its third quarter 2022 financial and operating results prior to market open on Thursday, November 10, 2022. 

On the same date at 8:00 AM MT (10:00 AM ET), management will host a conference call to discuss results and field questions.

Participants will be able to listen to the conference call by dialing 1-888-204-4368 (North America toll free) or 1-647-484-0475 (Toronto and area). A replay of the call will be available until November 17, 2022, at 1-888-390-0541 (North … Continue Reading

CALGARY, AB, Sept. 15, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) today announced the closing of its Placid Montney asset consolidation (the Montney Acquisition) for an adjusted closing price of $58.3 million.  Kiwetinohk announced the deal on August 24, 2022 and posted a news release and updated corporate presentation on September 14, 2022, providing detailed consolidated pro-forma highlights. 

As stated in the news release on September 14, the Montney Acquisition increases the Company’s working interest in the Placid area, adding 1,200 Boe/d of current production, 30 MMcf/d of natural gas and 1,750 bbl/d of condensate … Continue Reading

CALGARY, AB, Aug. 24, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) has entered into an agreement to acquire an additional 28.5% average working interest in Kiwetinohk-operated Montney assets in the Placid area for total cash consideration of $61.4 million (purchase price net of adjustments is approximately $59 million) (the Acquisition). The Acquisition includes 1,200 boe/d (45% oil & liquids) of current Montney production and increases Kiwetinohk’s Placid area natural gas processing and condensate handling capacity to 100 MMcf/d and 5,000 bbl/d respectively (an increase of 30 mmcf/d and 1,750 bbl/d). Kiwetinohk will obtain an incremental 14.12% ownership … Continue Reading

CALGARY, AB, Aug. 11, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC), an energy transition company, today announced its second quarter 2022 results. The Company achieved record quarterly adjusted funds flow from operations1 of $76.2 million, reflecting both the strong commodity price environment and new record quarterly average production. Kiwetinohk, as a shipper on Alliance Pipeline, is uniquely positioned with approximately 90% of its natural gas anticipated to be sold into the currently strong Chicago market in the second half of the year. The Company is encouraged by the outlook for North American natural gas prices and believes … Continue Reading

CALGARY, AB, July 25, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) plans to report its second quarter 2022 financial and operating results prior to market open on Thursday, August 11, 2022. 

On the same date at 8:00 AM MT (10:00 AM ET), management will host a conference call to discuss results and field questions.

Participants will be able to listen to the conference call by dialing 1-888-220-8451 (North America toll free) or 1-647-484-0475 (Toronto and area).  A replay of the call will be available until August 18, 2022 at 1-888-203-1112 (647-436-0148 Toronto and … Continue Reading

CALGARY, AB, June 16, 2022 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) held its Annual and Special Meeting of Shareholders on June 16, 2022. The total number of common shares represented by shareholders at the meeting and by proxy was 35,218,882, representing 79.84% of the Company’s outstanding common shares.   

At the meeting, shareholders considered the following resolutions:

1.    Election of Directors: The nine director nominees were elected. The votes by ballot were received as follows:

Nominee

Votes For (#)

Percent (%)

Withheld (#)

Percent (%)

Kevin Brown

34,697,380

98.6812 %

463,700

1.3188 %

Beth Reimer-Heck

35,151,480

99.9727 %… Continue Reading