Petrus Resources Ltd. is pleased to announce its 2024 capital guidance. 2024 BUDGET GUIDANCE Petrus' 2024 budget prioritizes our commitment to generating sustainable shareholder returns and maintaining a healthy balance sheet. Given the current commodity price environment, and consistent with the Company's strategy of discipline and flexibility, the 2024 capital budget is designed to sustain production, maintain debt at [...]
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 29, 2024, to shareholders of record on February 16, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and [...]
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 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 nine months ended September 30, 2023. Q3 2023 HIGHLIGHTS: Production up 49% - Production was up 49% from 6,639 boe/d in the third quarter of 2022 to 9,880 boe/d in the third quarter of 2023 as a result of the new wells brought on production in late 2022 and 2023. Consistent with its 2023 revised budget guidance, Petrus [...]
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 the declaration of a special dividend on its common shares. GROWTH & RETURN OF CAPITAL Through the success of the 2022 capital program and the execution of the 2023 capital program year to date, Petrus has realized significant growth and produced strong financial and operating results. Petrus' previously announced capital budget for 2023 is designed to prioritize strategic [...]
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 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 six months ended June 30, 2023. Q2 2023 HIGHLIGHTS: Production up 44% - Production was up 44% from 7,280 boe/d in the second quarter of 2022 to 10,492 boe/d in the second quarter of 2023 as a result of new wells brought on production in late 2022 and during the first quarter of 2023. Operating expense down 26 [...]
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 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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