Tenaz Energy Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024 and senior unsecured notes issue. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the [...]
Tenaz Energy Corp. is pleased to announce financial and operating results for the three and six months ended June 30, 2024. The unaudited interim consolidated financial statements and related management's discussion and analysis are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the three and six months ended June 30, 2024 appear below [...]
Tenaz Energy Corp. has entered into an agreement with Nederlandse Aardolie Maatschappij B.V. , a 50/50 joint venture between Shell plc and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. for base consideration of €165 million , prior to closing adjustments and contingent payments. The transaction has an effective date of January 1, 2024 and is expected to close [...]
Tenaz Energy Corp. is pleased to announce the results from its annual meeting of shareholders held on June 14, 2024. A total of 7,626,698 common shares, representing approximately 28% of the Company's issued and outstanding common shares, were represented in person or by proxy at the Meeting. All of the matters put forward before the shareholders, as set out in the Company's management information circular dated May 10 [...]
Tenaz Energy Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2024. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the three months ended March 31, 2024 appear below [...]
Tenaz Energy Corp. is pleased to announce financial and operating results for the three months and year ended December 31, 2023. The related audited consolidated financial statements, as well as Management's Discussion and Analysis for the year ended December 31, 2023 and Annual Information Form as of December 31, 2023, are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. A webcast [...]
December 21, 2023 /CNW/ - Tenaz Energy Corp. is pleased to announce its 2024 budget and guidance. Our Board of Directors has approved a drilling and development capital budget of $23 to $25 million for 2024. We also intend to invest $3 million in exploration and evaluation capital to evaluate a potential CCS project in the Dutch North Sea. Production guidance for 2024 is 2,700 to 2,900 boe/d, reflecting growth of [...]
Tenaz Energy Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2023. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis are available on SEDAR+ at www.sedarplus.ca and on Tenaz's website at www.tenazenergy.com. Select financial and operating information for the three and nine months ended [...]
August 21, 2023 /CNW/ - Tenaz Energy Corp. is pleased to announce that we have received Toronto Stock Exchange approval of our notice of intention to make a Normal Course Issuer Bid . The NCIB will commence on August 23, 2023 and end on August 22, 2024, or such earlier date as we may determine or we may complete purchases pursuant to the NCIB. The purpose of the NCIB is to deploy cash resources from current cash on hand [...]
Tenaz Energy Corp. is pleased to announce its financial and operating results for the three and six months ended June 30, 2023 and provide a resources summary with an effective date of July 1, 2023 of its independent resources report on the resource potential of our Dutch North Sea assets , prepared by McDaniel and Associates Consultants Ltd. . The unaudited interim condensed consolidated financial statements and related [...]
Tenaz Energy Corp. is pleased to announce that it has closed the previously announced acquisition of 100% of the shares of XTO Netherlands Ltd. from XH LLC, a wholly owned subsidiary of ExxonMobil Corporation. For further information on the Acquisition, please see our news release dated June 26, 2023, or go to our website at www.tenazenergy.com. About Tenaz Energy Corp. Tenaz is an energy company focused on the [...]
Tenaz Energy Corp. is pleased to announce an agreement to acquire 100% of the issued and outstanding shares of XTO Netherlands Ltd. from XH LLC , a wholly owned subsidiary of ExxonMobil Corporation. Closing of the Acquisition is expected to occur in Q3 2023. Tenaz will not be issuing equity in connection with the Acquisition. The Acquisition generates the following advantages for Tenaz: Expands upstream and midstream free [...]