Alvopetro has declared a Q3 2026 dividend of US$0.12 per share. The company also provided supplementary information on its unrisked prospective resources as of December 31, 2025, and reported preliminary results from the 183-H2 well in the Murucututu field.
Horizon Petroleum has completed a workover on the Lachowice 7 well in Poland, perforating 35 metres of a carbonate reservoir. The company observed significant fluid losses and gas kicks, suggesting good fracture connectivity, and plans to begin acid stimulation and production testing around September 23, 2026.
Touchstone Exploration provided an operational update for its assets in Trinidad and Tobago, reporting July and August 2026 production averages of approximately 4,400 boe/d. Key highlights include successful solvent squeeze treatments at Cascadura and a strategic shift in condensate marketing contracts to Brent-linked pricing.
Alvopetro reported August 2026 sales volumes of 3,124 boepd, supported by steady natural gas production in Brazil. The company also provided an operational update on the 183-D1 and 183-H2 wells, noting successful testing and potential gas pay.
Perpetual Energy Inc. reported its year-end 2023 financial and operating results, including a significant decrease in proved plus probable reserves to 26.0 MMboe, down from 31.6 MMboe in 2022. The net present value of these reserves also declined to $178.6 million from $302.0 million. This reduction was primarily attributed to the Mannville Disposition and lower price forecasts, alongside a decrease in the proportion of crude oil and NGL within the total reserves.
Perpetual Energy Inc. reported its second quarter 2023 financial and operating results, showing a significant decrease in oil and natural gas revenue, net income, and adjusted funds flow compared to the prior year. Despite these financial declines and some production curtailment due to forest fires, the company reconfirmed its 2023 production guidance of 6,400 to 6,600 boe/d, supported by strong well performance from new East Edson drills. Net debt increased to $56.7 million, while available liquidity stood at $15.8 million at quarter-end.
