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Storm Resources Ltd.: Storm is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2020 0.18 0.15 (2) (2)(4) surplus 121,689 contracts 25,985 124,927 (1) Excludes gains and losses on risk management contracts. (2) Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 38 of the MD&A. CROCE and ROCE are presented on a 12-month trailing basis. (3) Excludes the fair value of risk management contracts, decommissioning liability and lease liability. (4) Includes a...

Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D Costs Achieved 2020 Production of 22,624 bopd Forecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33% Reduced Annual Operating and G&A Costs by $92 Million Achieved Company's Best Safety Year in 2020: Zero Lost Time Incident Frequency CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today ann...

us " or " our ") is pleased to announce its independent reserves evaluation for the year ended December 31, 2020, prepared by Sproule Associates Limited (" Sproule "). "We're extremely pleased with our reserves results in 2020," said Stephen Loukas, Obsidian Energy's Interim President and CEO. "It was a challenging year with extreme oil price volatility impacting all aspects of our business. Despite this environment, our team continued to deliver strong results by drilling some of the most prolific wells in the Cardium that the Company has seen to date. Due to a combination of our de...

Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update. The financial and operational information contained below is based on the Company’s unaudited expected results for the year ended December 31, 2020. All currency amounts are in United States dollars, unless otherwise stated. 2020 Year-End Corporate … Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT...

Added 8.3 MMBOE of 1P Reserves Realized 1P Finding and Development Costs of $2.65/boe 1P and 2P Net Asset Value per Share Before Tax of $1.15 and $3.25 1P Reserves Equal 59% of 2P Reserves, Demonstrating Strength of Company’s Proved Reserves Base Achieved Company’s Best Safety Year in 2020: Zero Lost Time Incident Frequency CALGARY, Alberta, Jan. 26, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“ Gran Tierra” or the “ Company“) (NYSE American:GTE) (TSX:GTE) (LSE: GTE), a company focused on oil exploration and production in Colombia and Ecuador, today announced the Company�...