Press Releases - Today in Oil and Gas

Profire Energy Reports Financial Results for Fourth Quarter and Full Fiscal Year 2023

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LINDON, Utah, March 13, 2024 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2023. A conference call will be held on …

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Strathcona Resources Ltd. reports year end 2023 reserves

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CALGARY, AB, March 11, 2024 /CNW/ – Strathcona Resources Ltd. (“Strathcona”) (TSX: SCR) today reported its year end 2023 reserves. Strathcona has posted a shareholder letter on its website which provides additional detail on its 2023 reserves. The tables below summarize Strathcona’s year end 2023 reserves which were prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) and Sproule Associates Limited (“Sproule”). …

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Enservco Provides Business Update

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Expect Solid 2023 Results and Strong Start to 2024 Announces Recent Dismissal of Class Action Litigation Enhancing Investor Communications with Hiring of Energy-Focused IR Firm – Al Petrie Advisors LONGMONT, Colo., March 11, 2024 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV) (“Enservco” or the “Company”), a diversified national provider of specialized well-site services …

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Amplify Energy Update on Southern California Oil Sheen

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HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify,” the “Company,” “us,” “we,” or “our”) (NYSE: AMPY) continues to monitor the status of the oil sheen reported on March 7, 2024, off the coast of Huntington Beach, California. Amplify has the following updates to report: Amplify remains confident that the sheen is not …

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Canada Energy Regulator approves the first compressed natural gas facility in the NWT

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The Inuvialuit Energy Security Project is expected to provide sustainable energy for the next 50 years CALGARY, AB, March 7, 2024 /CNW/ – The Commission of the Canada Energy Regulator (CER) has approved the Inuvialuit Energy Security Project (IESP) Energy Centre with 20 conditions. The project will convert natural gas into compressed natural gas, propane, and synthetic diesel that can be …

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Berry Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

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(GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced fourth quarter and full-year 2023 results. For the fourth quarter 2023, Berry’s net income was $63 million, or $0.81 per diluted share, Adjusted Net Income(1) was $10 million, or $0.13 per diluted share, and cash flows from operating activities were $79 million. For …

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Marathon Oil Corporation announces key Officer promotions

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HOUSTON, Feb. 29, 2024 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) announced today that Rob L. White has been promoted to Executive Vice President and Chief Financial Officer, effective May 1, 2024, and that Zach Dailey, Vice President, Internal Audit, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer, effective May 1, 2024. …

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VAALCO Energy, Inc. Announces Accretive All Cash Acquisition Expanding Its West African Footprint

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HOUSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden (the “Acquisition”). Svenska’s primary asset is …

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Devon Energy Reports Fourth-Quarter and Full-Year 2023 Results; Declares Quarterly Dividend and Raises Fixed Dividend by 10 Percent in 2024

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OKLAHOMA CITY, Feb. 27, 2024 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the fourth-quarter and full-year 2023. The company also declared its quarterly dividend and provided an outlook for 2024. Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor …

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Ovintiv reports fourth quarter and year-end 2023 financial and operating results

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Strong 2023 Operational Execution; Enhanced Capital Efficiency Expected in 2024 Highlights: Full Year 2023 Generated net earnings of $2.1 billion, cash from operating activities of $4.2 billion, Non-GAAP Cash Flow of $3.9 billion and Non-GAAP Free Cash Flow of $1.2 billion after capital expenditures of $2.7 billion Exceeded high end of full year production guidance …

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