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Oil and Gas News

YTD Report on Oil Co. Positive
May 31, 2023 ( Newswire) The highlight is the performance of two new wells, each in a different country, during this period

Positive Nat Gas Well Test Good Sign For Surrounding Area
May 26, 2023 ( Newswire) The success of this one well in Colombia has the Canadian operator testing additional nearby locations that may boost production

S&P Global Commodity Insights Raises 10-year Production Outlook for Canadian Oil Sands for First Time in More than Half Decade
CALGARY - May 25, 2023 ( Newswire) Higher crude prices and continued optimization improvements have driven the first upward revision to the S and P Global Commodity Insights

Energy Stock News: Hemisphere Energy (TSXV: HME) Announces 2023 First Quarter Results, Declares Quarterly Dividend, Renews Credit Facility, and Provides Operations Update
Vancouver, British Columbia - May 25, 2023 (Newsfile Corp.) ( Newswire) Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) provides its financial and operating results for the first quarter ended March 31, 2023

Texas Energy Stocks to Watch - (OTC: $SITS) (NYSE: $PXD) (NYSE: $MRO) (NYSE: $REI)
Vancouver, Kelowna, Delta, BC - May 25, 2023 ( Newswire), a leading investor news resource covering oil and gas stocks releases a special news report on companies drilling in Texas, featuring oil and gas exploration and development junior, Southern ITS International, Inc. (OTC PINK:SITS).

Energy Co. In Final Stages of Long-Term Agreement
May 24, 2023 ( Newswire) Condor Energies Inc. is in the final stages of a long journey to secure an agreement in Uzbekistan

Oil and Gas Stocks - Drilling Down on Players in Texas (OTC: $SITS) (NYSE: $PXD) (NYSE: $MRO) (NYSE: $REI)
Vancouver, Kelowna, Delta, BC - May 24, 2023 ( Newswire), a leading investor news resource covering oil and gas stocks releases a special news report on companies drilling in Texas, featuring oil and gas exploration and development junior, Southern ITS International, Inc. (OTC PINK:SITS).

The latest developments in nuclear technology
May 19, 2023 ( Newswire) Nuclear gets a bad rap but it is bar none the safest form of power generation.

Record Oil, Gas Profits To Help Co.'s Clean Energy Push
May 19, 2023 ( Newswire) High crude oil and natural gas prices have contributed to record oil and gas venture profits for Jericho Energy Ventures Inc.

Gas Co. Increases Production Capability to 155MMcf/d
May 19, 2023 ( Newswire) The total production capacity at Orca Energy Group Inc.'s Songo Songo field was raised to between 150 MMcf/d and 155 MMcf/d

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Oil and Gas News from Newsfile

Gear Energy Ltd. Confirms Monthly Dividend for June of $0.01 per Share and Announces Credit Facility Increase
Calgary, Alberta--(Newsfile Corp. - June 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the June 2023 monthly dividend of $0.01 per common share is to be paid on June 30, 2023, to shareholders of record on June 15, 2023.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.Gear is also pleased to announce the successful completion of its borrowing base review, resulting in an increase in the syndicated credit facility...

GMG Announces Independently Verified Heat Transfer and Energy Savings Results from THERMAL-XR(R)
Brisbane, Queensland, Australia--(Newsfile Corp. - June 1, 2023) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to release further results of Energy Savings Tests on a 4.3kw refrigeration system and Heat Transfer demonstrations on Aluminium and Copper. The results provide additional confidence in the potential benefits of THERMAL-XR® (TXR) in a range of applications. ENERGY SAVINGS WHEN THERMAL-XR® APPLIED TO A NEW CONDENSER COILIn their ISO-approved...

Obsidian Energy Announces Increase to Syndicated Credit Facility, Results of Viking Drilling and Update on Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 31, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces an increase to our syndicated credit facility and provides an update on both the results of our first half 2023 Viking drilling program and the expected impact of Alberta wildfires on production and funds flow from operations. With the addition of the Industrial and Commercial Bank of China (Canada) to our banking syndicate,...

Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - May 31, 2023) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated April 17, 2023.Chris Hazelton, Al Quong and Brian Presement were elected directors of the Company. MNP LLP was...

Alpine Summit Energy Partners Announces Issuance of Subordinate Voting Shares
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (NASDAQ: ALPS) ("Alpine Summit" or the "Company") today announced that it issued 19,494,709 Class A subordinate voting shares ("Subordinate Voting Shares") of the Company upon the redemption (the "Redemption") by a majority of the holders of Class B non-voting units of ("Units") of HB2 Origination, LLC ("Origination"), a subsidiary of Alpine Summit. An...

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