Petrus Resources Ltd. is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held yesterday . The resolutions approved at the Meeting were as follows: The resolution to fix the number of directors of the Company to be elected at the Meeting at five directors was approved. The resolution to appoint the five nominees as directors of the Company to serve until the [...]
Petrus Resources Ltd. is pleased to report financial and operating results as at and for the three months ended March 31, 2025. Q1 2025 HIGHLIGHTS: Capital Activity - Invested $17.3 million in capital during the quarter. Approximately 60% was directed toward the drilling, completing and tie-in of 7 gross wells. Most of the remaining capital expenditures went to the construction of a 12-kilometer expansion of the North [...]
Petrus Resources Ltd. is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable May 30, 2025, to shareholders of record on May 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable April 30, 2025, to shareholders of record on April 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to report financial and operating results as at and for the three and twelve months ended December 31, 2024 and to provide 2024 year end reserves information as evaluated by Insite Petroleum Consultants Ltd. . The Company's Management's Discussion and Analysis and audited consolidated financial statements are available on SEDAR+ at www.sedarplus.ca. Q4 2024 HIGHLIGHTS: Dividends [...]
Petrus Resources Ltd. is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable March 31, 2025, to shareholders of record on March 17, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
Petrus Resources Ltd. is pleased to announce its 2025 capital guidance. 2025 BUDGET GUIDANCE In 2025, Petrus will build on its strategy of disciplined capital investment by targeting projects designed to maintain production, increase liquids weighting, enhance capital efficiency and generate free funds flow. The Board of Directors has approved a $40 million to $50 million capital program, with approximately 70% allocated [...]
Petrus Resources Ltd. is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable February 28, 2025, to shareholders of record on February 14, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash dividends into [...]
Petrus Resources Ltd. is pleased to announce the most recent version of the Company's monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. Ken Gray President and Chief Executive Officer T: 403-930-0889 E [...]
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