Latest news with #BOE


Cision Canada
3 days ago
- Business
- Cision Canada
FIDDLEHEAD RESOURCES CORP. ANNOUNCES Q1 2025 FINANCIAL RESULTS
CALGARY, AB, May 30, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead," or the "Company") (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2025. Selected financial and operating information should be read in conjunction with Fiddlehead's unaudited consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended Mar. 31, 2025 and 2024 ("2025 Q1 Documents"). Financial and operating highlights for the period include: Achieved average corporate production of 1,636 boe/d compared to average corporate production in Q4/24 of 1,624 boe/d. First quarter of 2025, Fiddlehead's petroleum and natural gas sales totaled $3,975,870 and Funds Flow used in Operations was $194,854. Readers are encouraged to read the 2025 Q1 Documents in their entirety, which are available on SEDAR+ at and on Fiddlehead's website at (Expressed in $000s except per share, price and volume amounts.) Three months ended March 31 December 31 March 31 2025 2024 2024 OPERATING HIGHLIGHTS AND NETBACKS 1 Average production and sales volumes Light oil (bbls/d) 119 134 - NGLs (bbls/d) 394 378 - Natural gas (Mcf/d) 6,746 6,675 - Total (BOE/d) 1,636 1,624 - Average realized sales prices Light oil ($/bbl) 91.79 91.72 - NGLs ($/bbl) 49.32 55.39 - Natural gas ($/Mcf) 2.06 1.28 - Total oil equivalent ($/BOE) 27.13 25.86 - Netbacks ($/BOE) 1 Petroleum and natural gas sales 27.13 25.86 - Royalties 6.65 6.67 - Operating expenses 11.65 11.25 - Transportation expenses 0.10 0.09 - Operating Netback 1 8.74 7.84 - General and administrative expenses 7.62 8.86 - Finance costs 6.27 4.98 - Adjusted Funds Flow Netback 1,2 (5.15) (6.10) - FINANCIAL HIGHLIGHTS Petroleum and natural gas sales 3,976 3,844 - Petroleum and natural gas sales, net of royalties 2,996 2,846 - Net loss & comprehensive loss (2,497) (2,295) (138) Basic per share (0.04) (0.04) (0.03) Diluted per share (0.04) (0.04) (0.03) Cash flow used in operating activities (145) (812) (146) Funds Flow from Operations 2 (195) (74) (127) Basic per share (0.00) (0.00) (0.02) Diluted per share (0.00) (0.00) (0.02) Acquisitions - - - Total assets 30,054 31,714 245 Total non-current financial liabilities 11,482 11,666 - Total long-term debt, including current portion 12,120 12,168 - Shareholders' equity 3,412 5,909 229 Weighted average common shares outstanding (000s) – basic 3 60,521 60,521 5,276 Weighted average common shares outstanding (000s) – diluted 3 60,521 60,521 5,276 Common shares outstanding (000s), end of period 4 60,521 60,521 5,276 1 "Netbacks" are non-GAAP financial measure calculated per unit of production. "Operating Netback", and "Adjusted Funds Flow Netback" do not have standardized meanings under IFRS Accounting Standards. See " Non-GAAP Financial Measures " section 2 "Funds Flow from Operations" ("FFO") does not have a standardized meaning under IFRS Accounting Standards. See "Non-GAAP Financial Measures". 3 Common shares outstanding have been adjusted as a result of the Share Consolidation. READER ADVISORIES In this press release, all references to "$" are to Canadian dollars. Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Fiddlehead Resources Corp.
Yahoo
3 days ago
- Business
- Yahoo
FIDDLEHEAD RESOURCES CORP. ANNOUNCES Q1 2025 FINANCIAL RESULTS
CALGARY, AB, May 30, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead," or the "Company") (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2025. Selected financial and operating information should be read in conjunction with Fiddlehead's unaudited consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended Mar. 31, 2025 and 2024 ("2025 Q1 Documents"). Financial and operating highlights for the period include: Achieved average corporate production of 1,636 boe/d compared to average corporate production in Q4/24 of 1,624 boe/d. First quarter of 2025, Fiddlehead's petroleum and natural gas sales totaled $3,975,870 and Funds Flow used in Operations was $194,854. Readers are encouraged to read the 2025 Q1 Documents in their entirety, which are available on SEDAR+ at and on Fiddlehead's website at The table below summarizes selected highlights from the Company's financial and operating results: (Expressed in $000s except per share, price and volume amounts.) Three months endedMarch 31December 31March 31202520242024OPERATING HIGHLIGHTS AND NETBACKS1Average production and sales volumesLight oil (bbls/d)119134-NGLs (bbls/d)394378-Natural gas (Mcf/d)6,7466,675-Total (BOE/d)1,6361,624-Average realized sales pricesLight oil ($/bbl)91.7991.72-NGLs ($/bbl)49.3255.39-Natural gas ($/Mcf)2.061.28-Total oil equivalent ($/BOE)27.1325.86-Netbacks ($/BOE)1Petroleum and natural gas sales 27.1325.86-Royalties6.656.67-Operating expenses11.6511.25-Transportation expenses0.100.09-Operating Netback18.747.84-General and administrative expenses7.628.86-Finance costs6.274.98-Adjusted Funds Flow Netback1,2(5.15)(6.10)-FINANCIAL HIGHLIGHTSPetroleum and natural gas sales3,9763,844-Petroleum and natural gas sales, net of royalties2,9962,846-Net loss & comprehensive loss(2,497)(2,295)(138)Basic per share(0.04)(0.04)(0.03)Diluted per share(0.04)(0.04)(0.03)Cash flow used in operating activities(145)(812)(146)Funds Flow from Operations2(195)(74)(127)Basic per share(0.00)(0.00)(0.02)Diluted per share(0.00)(0.00)(0.02)Acquisitions---Total assets30,05431,714245Total non-current financial liabilities11,48211,666-Total long-term debt, including current portion12,12012,168-Shareholders' equity3,4125,909229Weighted average common shares outstanding (000s) – basic360,52160,5215,276Weighted average common shares outstanding (000s) – diluted360,52160,5215,276Common shares outstanding (000s), end of period460,52160,5215,2761 "Netbacks" are non-GAAP financial measure calculated per unit of production. "Operating Netback", and "Adjusted Funds Flow Netback" do not have standardized meanings under IFRS Accounting Standards. See " Non-GAAP Financial Measures " section 2 "Funds Flow from Operations" ("FFO") does not have a standardized meaning under IFRS Accounting Standards. See "Non-GAAP Financial Measures". 3 Common shares outstanding have been adjusted as a result of the Share Consolidation. READER ADVISORIES In this press release, all references to "$" are to Canadian dollars. Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Fiddlehead Resources Corp. View original content to download multimedia:


Otago Daily Times
6 days ago
- General
- Otago Daily Times
Popular outdoor course shuts, lacks volunteers
A popular and important outdoor skills course on the Taieri has been shut down after 35 years, due to a lack of volunteer support and the economic downturn. The last annual week-long Berwick Outdoor Experience (BOE) was held at Berwick Lodge earlier this month, providing leadership and confidence to people of all ages and from many different walks of life. BOE co-ordinator Kevin Moore said he had been helping run the course since it was established by the Lions Club of Taieri in 1990, and was sad to see it discontinued. "It's sad because I believe the course is still relevant and we just finished the latest course a couple of weeks ago. "We had 37 people there and just had a fantastic time. "The feedback comes in the same every year — people get a lot out of it." Mr Moore said the course was similar to Outward Bound, and aimed to build leadership skills and confidence among the participants. "We take up to 40 people, put them into teams of up to 10, and mix them up as much as possible. "We've had groups of people aged from 18 to the late 70s, and they come from all walks of life — from adult learning courses through to businesses that send staff members. "They do a set programme that includes sailing, kayaking, mountainbiking, a tramp up to Lake Mahinerangi and abseiling down the Mahinerangi dam. "We also teach them how to tie knots and lines and then they'll be given scenarios where half the team are on one side of the river and they have to swap over by building a flying fox and things like that. "There's also a little bit of first aid, a little bit of mental health — a whole raft of things, really." He believed the course was important because it also built personal resilience and helped build connections within the community. "It shows people that they have got abilities, and they just need to dig deep and find them." Helping to create the course and being able to watch people in the community grow after attending it had been "the best thing that ever happened to me", Mr Moore said. "It does break my heart to see it go, because I know there's people that get so much out of it. "But that's the way it is." Lions Club of Taieri president Peter O'Neill was also sad to see the course go. He said it was shut down partly because the club's members were getting older now and it was becoming difficult to find the volunteer manpower needed to keep it running. "We're all getting older, and it's very difficult in these modern times for people to get time off work. "They don't get paid for it, and they don't want to use their annual leave to do it. "We're in tough economic times too." Mr O'Neill said the club hoped to run a smaller, shorter course in its place in the future.


GSM Arena
6 days ago
- GSM Arena
Realme Neo7 Turbo will have IP69 rating, display detailed
The Realme Neo7 Turbo launching on May 29 in China will pack a punch-hole display, which, Realme has revealed, is a BOE Q10 screen with 6,500 nits peak brightness, 144Hz refresh rate, and 1.5K resolution. It will also have 4,608Hz UHF PWM dimming. Additionally, Realme revealed that the Neo7 Turbo will have an IP66, IP68, and IP69 rating, and it will come with an X-axis linear motor and an IR blaster located on the top side of the phone. Previously, Realme confirmed that the Neo7 Turbo would come with the Dimensity 9400e SoC, a 7,200 mAh battery, 100W charging, a 50MP primary camera, and NFC support. The smartphone would be sold in two colors with four memory options - 12GB/256GB, 12GB/512GB, 16GB/256GB, and 16GB/512GB. Realme Neo7 Turbo's color options Source (in Chinese)
Yahoo
23-05-2025
- Business
- Yahoo
Jasper County property owners receiving 2025 Value Change Notices: What you need to know
JASPER COUNTY, Mo. — Jasper County property owners can expect their 2025 Real Property Value Change Notices in the mail soon. Those notices reflect updated market values as of January 1, 2025, based on two years of real estate data and rising property values across the state. The Missouri State Tax Commission found Jasper County's assessment ratio below the legal range at 68.61%. Missouri law says county assessments must fall within 90% to 110% market value. The county must increase property values by 13% to 15% to comply with state mandates or risk losing state funding and facing legal consequences. Jasper County officials reiterate: this is not a tax bill. The notice only shows your property's estimated market value. Tax rates are set by local taxing entities like schools and municipalities, not the assessor. Residents should review their notice carefully and note their rights to appeal. Officials said if a resident believes their property is overvalued or misclassified, they can request an informal review with the assessor's office: Informal Appeals (May 23 – June 23) Residential Appeals call (417)-237-1094 Commercial Appeals call (417)237-1093 Monday through Friday 8:30 a.m.– 4:30 p.m. Walk-In Appeal Sessions Location: 302 S. Main St. Room 201 Carthage, MO Hours: Monday – Friday 8:30 a.m. to 4:30 p.m. Formal Appeal to the Board of Equalization (BOE) Deadline to file is July 11, 2025, and you must file with the Jasper County Clerk's Office. Last year, the Jasper County Commission approved a Senior Tax Credit program for county residents 62 and older. Approved applicants will have their tax amount frozen beginning with their November 2025 tax bill, shown as a credit. Apply by May 31, 2025 through the Jasper County Collector's Office at 417-358-0411. MORE INFOR: Senior Real Property Tax Credit in Jasper County (Part 1) The county adds, property assessments will continue annually, but your tax amount will be frozen based on the year you are approved. This freeze will be reflected on your tax bill starting November 2025 as a credit. Jasper County seniors must act fast to claim tax credit For more information, residents should contact the Jasper County Assessor's Office. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.