Core Viewpoint - Kolibri Global Energy Inc. is urging shareholders to vote against a proposed resolution that seeks to cap the number of common shares authorized for issuance at 37,367,894, arguing that it would negatively impact shareholder value and the company's growth opportunities [4][5]. Summary by Sections Proposed Resolution - The proposed resolution aims to limit the number of common shares the company can issue, which the board believes would be detrimental to shareholders and not in the company's best interests [4]. - The board unanimously recommends shareholders vote against the proposed resolution, citing potential negative impacts on the company's competitive position and flexibility for future share issuances [4][5]. Board and Management Position - All officers and directors of the company oppose the proposed resolution, collectively controlling approximately 17.35% of the outstanding shares, although this number has been reduced to 1.32% due to one director's undecided voting stance [2][3]. - The board's concerns include the limitation on their ability to fulfill fiduciary duties and the potential for increased costs and delays in future share capital increases [4][5]. Shareholder Voting Information - Shareholders are encouraged to read the management information circular in full and vote against the proposed resolution by the deadline of 9:00 a.m. (Pacific time) on November 21, 2025 [6][7]. - Due to labor action affecting postal services, shareholders are advised to vote electronically or by telephone [8]. Company Overview - Kolibri Global Energy Inc. is focused on energy projects in oil and gas, operating properties in the United States and trading on the TSX and NASDAQ [10].

Company Overview - Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels [3] - The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas, and Krotz Springs, Louisiana, with a combined nameplate crude throughput capacity of 302,000 barrels per day [3] Recent Developments - Delek US Holdings plans to issue a press release summarizing its third quarter 2025 results before the U.S. stock market opens on November 7, 2025, followed by a conference call at 9:30 a.m. CT [1] - The company welcomed the U.S. Environmental Protection Agency's decision to grant more than half of its pending small refinery exemptions for the years 2019-2024, which is expected to help ensure affordable energy prices and high-paying jobs [7] - The company reported financial results for its second quarter ended June 30, 2025, achieving its original $120 million EOP target one quarter in advance, indicating progress in improving overall profitability [8] Financial Information - Delek US Holdings announced a quarterly dividend of $0.255 per share, to be paid on August 18, 2025, to shareholders of record on August 11, 2025 [9] Logistics Operations - The logistics operations include Delek Logistics Partners, LP, a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets, with Delek US Holdings owning approximately 63.4% of it as of June 30, 2025 [4]

Core Insights - Expro has won the award for Best Health, Safety or Environmental Contribution – Upstream at the Gulf Energy Awards for its VIGILANCE™ Intelligent Safety and Surveillance Solution, highlighting its commitment to safety in the energy sector [2][4]. Company Achievements - Expro was nominated in 8 categories at the Gulf Energy Awards, showcasing its innovation across 10 different technologies [4]. - The VIGILANCE™ technology provides real-time tracking of equipment and personnel with 10-centimeter accuracy, addressing safety concerns for rig floor personnel [3][4]. - The company emphasizes its ongoing commitment to innovation and excellence, aiming to support a lower-carbon future for the energy industry [4]. Industry Context - The Gulf Energy Awards celebrate significant contributions to the energy sector, focusing on innovation, efficiency, and sustainability [4]. - Expro's extensive portfolio includes services across well construction, well flow management, subsea well access, and well intervention, positioning it as a leading provider in the energy services market [7][8].

Company Overview - WaterBridge Infrastructure LLC is a leading integrated, pure-play water infrastructure company primarily operating in the Delaware Basin, which is the most prolific oil and natural gas basin in North America [4] - The company also has assets in the Eagle Ford and Arkoma Basins, operating the largest produced water infrastructure network in the United States [4] - As of August 31, 2025, WaterBridge's infrastructure network included approximately 2,500 miles of pipelines and 197 produced water handling facilities, managing over 2.6 million barrels per day (bpd) of produced water with a total handling capacity exceeding 4.5 million bpd [4] Financial Events - WaterBridge will release its financial results for the third quarter of 2025 after market close on November 12, 2025, followed by a conference call on November 13, 2025, at 10:30 a.m. Central Time [1] - The company has announced a pricing of an upsized offering of $1,425 million in senior notes, which includes $825 million of 6.25% senior unsecured notes due 2030 and $600 million of 6.50% senior unsecured notes due 2033 [7] - WaterBridge intends to use the net proceeds from the offering of the notes, along with cash on hand, to repay all outstanding borrowings under its credit facility [8]

Core Viewpoint - Kolibri Global Energy Inc. urges shareholders to vote against a proposed resolution that seeks to limit the number of common shares the company can issue, arguing it would negatively impact shareholder value and the company's growth potential [2][4][11]. Company Overview - Kolibri Global Energy Inc. is a North American energy company focused on oil and gas projects, operating various subsidiaries in the United States [9]. Shareholder Meeting Details - A special meeting of shareholders is scheduled for November 25, 2025, to vote on the proposed resolution to cap the number of authorized common shares at 37,367,894 [1]. - The proxy voting deadline is set for November 21, 2025, at 9:00 a.m. Pacific Time [3][6]. Board's Recommendation - The Board of Directors unanimously recommends that shareholders vote against the proposed resolution, stating it would be detrimental to shareholders and not in the company's best interests [2][3][4]. Implications of the Proposed Resolution - The proposed share limit would restrict the Board's ability to issue shares as needed, potentially hindering strategic growth opportunities and negatively affecting the company's competitive position [4][11]. - Any future increase in authorized share capital would require a shareholder meeting, leading to unnecessary costs and delays [11]. Voting Instructions - Shareholders are encouraged to vote online or by telephone due to ongoing postal service disruptions in Canada [7][12]. - Assistance for voting can be obtained by contacting Barbara Fox at the provided contact details [8].

Core Viewpoint - Imperial Oil Limited will host its 2025 Third Quarter Earnings Call on October 31, 2025, at 9 a.m. MT, following the release of its third quarter earnings that morning [1][2]. Earnings Call Details - John Whelan, chairman, president, and CEO, will provide brief remarks before addressing questions from analysts [2]. - The earnings call will be accessible via a live webcast, which will also be available for one year on the company's investor relations website [2]. Company Overview - Imperial Oil is recognized as Canada's largest petroleum refiner and a major crude oil producer, committed to high standards in technology and innovation for responsible energy resource development [3]. - The company has a long-standing history of growth and financial stability in Canada, focusing on increasing cash flow and delivering industry-leading shareholder returns [5][7]. Dividend Announcement - Imperial declared a quarterly dividend of 72 cents per share for the third quarter of 2025, payable on October 1, 2025, to shareholders of record as of September 4, 2025 [7]. - This dividend remains unchanged from the second quarter of 2025, indicating consistent shareholder returns [7]. Board of Directors Update - The company announced the appointment of Tanya Bryja to its board of directors, effective September 16, 2025 [6].

Core Insights - Tamboran Resources Corporation has successfully completed the largest drilling program in the Beetaloo Basin, which included batch drilling of three wells at the Shenandoah South 2 well pad, crucial for supplying gas to the Northern Territory network under a long-term Gas Sales Agreement with the Northern Territory Government, with first gas sales expected by mid-2026 [2][6][20] Drilling Program Details - The drilling program involved the Shenandoah South -4H (SS-4H), -5H, and -6H wells, each with a target lateral length of 10,000 feet, completed with an average spud-to-total depth (TD) time of 26.7 days, and drilling and casing time within the forecast of 35 days [3][6] - The program utilized modern US drilling technologies, including Baker Hughes' anti-vibration drilling technology, resulting in record performance, with the fastest horizontal section drilled in the Mid Velkerri B Shale reaching over 1,100 meters (3,603 feet) in a single day [3][6] Future Plans - The SS-4H well is scheduled for stimulation in the fourth quarter of 2025, with the remaining two wells and the reinforced SS-3H well to be stimulated in the first half of 2026 [4][6] - A 60-stage stimulation program is planned for the SS-4H well, with a 30-day flow test anticipated before being shut-in for future gas sales [4][6] Company Overview - Tamboran Resources is the largest acreage holder and operator in the Beetaloo Sub-basin, with approximately 1.9 million net prospective acres [7][8] - The company has secured around 420 acres (170 hectares) at the Middle Arm Sustainable Development Precinct in Darwin for its proposed NTLNG project [9]

Core Viewpoint - Sable Offshore Corp. is currently involved in litigation with the California Coastal Commission, with a tentative ruling indicating the denial of Sable's claims against the Commission, which the company intends to appeal [1][2][3]. Legal Proceedings - The Santa Barbara Superior Court's tentative ruling, released on October 14, 2025, suggests that Sable's claims will be denied, but this ruling will not affect the resumption of petroleum transportation through the Las Flores Pipeline System [1]. - Sable is pursuing damages exceeding approximately $347 million due to cease and desist orders issued during its anomaly repair program on the Las Flores Pipeline System [2]. Business Strategy - Despite the disappointing ruling, Sable's business strategy remains focused on resuming petroleum transportation through the Las Flores Pipeline System and selling production from the Santa Ynez Unit via an Offshore Storage & Treating Vessel (OS&T) [3]. - Sable emphasizes the importance of resuming operations to mitigate the economic impact on California's energy sector and to lower gasoline prices for residents [3]. Production and Operations - The anomaly repair program and hydrotesting of the Las Flores Pipeline System were completed in May 2025, in compliance with the Federal Consent Decree [2]. - Sable plans to continue pursuing the OS&T strategy, which was previously used from 1981 to 1994, to process production from the Santa Ynez Unit, which produced over 160 million barrels of oil equivalent during that period [3]. Company Overview - Sable Offshore Corp. is an independent oil and gas company based in Houston, Texas, focused on the responsible development of the Santa Ynez Unit in federal waters offshore California [4].

Core Insights - TotalEnergies has entered into a Farm-Down Agreement with CarbonVault, granting TotalEnergies E&P Denmark a 45% interest in the Bifrost Carbon Capture and Storage (CCS) Project, with CarbonVault holding 35% and Nordsøfonden 20% [1][10]. Project Overview - The Bifrost Project consists of two CO2 offshore storage licenses located approximately 200 kilometers west of the Danish coast and is part of TotalEnergies' North Sea CCS portfolio [2]. Partnership and Decarbonization Efforts - SCHWENK, the German cement producer, has selected the Bifrost Project as its preferred solution for future emissions storage, highlighting TotalEnergies' role in aiding customers' emissions reduction through its CCS capabilities [3]. - TotalEnergies aims to support the decarbonization of European businesses through various projects, including Bifrost, by implementing the best available technologies for carbon storage [5]. Strategic Importance - The Bifrost Project is considered a cornerstone of Denmark's ambition to establish a European hub for CO2 storage, emphasizing the project's significance in the broader context of carbon neutrality [4].

Core Viewpoint - Tamboran Resources Corporation is acquiring Falcon Oil & Gas Ltd. to consolidate their positions in the Beetaloo Basin, creating a leader with approximately 2.9 million net prospective acres and a pro forma market capitalization exceeding US$500 million [2][4][10]. Transaction Details - The acquisition involves Tamboran acquiring all subsidiaries of Falcon in exchange for 6,537,503 shares of Tamboran NYSE Common Stock and US$23.7 million in cash [4][7]. - Falcon shareholders will receive shares of Tamboran at an exchange ratio of 0.00687 shares for each Falcon Common Stock, resulting in Falcon shareholders owning approximately 26.8% of the combined entity [4][8]. - The transaction values Falcon's subsidiaries at C$239 million (US$172 million), reflecting a 19.7% premium over Falcon's closing price on September 29, 2025, and a 53.2% premium to the 90-day traded VWAP [4][10]. Strategic Implications - The acquisition is expected to enhance Tamboran's working interest in the Phase 2 Development Area to 80.62%, aligning further with Daly Waters Energy, LP across the entire EP 76, 98, and 117 acreage [3][4]. - The transaction is seen as a logical consolidation of two leading companies in the Beetaloo Basin, strengthening Tamboran's position in the region [2][4]. Approval and Timeline - The transaction has been unanimously approved by the Boards of Directors of both companies and is anticipated to close in the first quarter of 2026, pending shareholder approvals and other closing conditions [10][11]. - An indicative timeline for the transaction includes key dates such as the filing of the preliminary proxy statement with the SEC on October 30, 2025, and the expected closing date on February 1, 2026 [12][13].