CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces the results of voting on matters submitted to shareholders at the Company's annual meeting held today. Election of Directors At the meeting, each of Patrick McDonald, Mimi Lai, Derek Petrie, Ajay Sabherwal and Rob Wonnacott was nominated for election as a director of the Company for the ensuing year. Each such nominee was elected by ordinary resolution, for a term of office ending at the [Read more]
Petrus Resources announces addition to Board of Directors
CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces that Mr. Peter Verburg has joined the Petrus Board as an independent director. Mr. Verburg previously served on the Company's board from 2010 to 2017. He is a Calgary businessman with extensive experience in the Canadian Energy sector, and has a diverse business background, with experience as a journalist, investment banker and entrepreneur. Most recently, Mr. Verburg is the founder and CEO of a [Read more]
Pipestone Energy Corp. reports voting results of annual shareholder meeting and issues inaugural ESG report
CALGARY, Alberta - Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report the results of its annual shareholder meeting and announce the release of its inaugural Environment, Social and Governance (“ESG”) report. SHAREHOLDER MEETING RESULTS The Company held its 2021 annual and special meeting (the “Meeting”) of the shareholders of Pipestone Energy (the “Shareholders”) today at 9:00 a.m. (Calgary time) virtually. A total of 234,817,972 votes were cast, [Read more]
Cenovus releases 2020 environmental, social & governance data report
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has published its 2020 environmental, social & governance (ESG) data report, the first for the company following its combination with Husky Energy Inc. on January 1, 2021. This report is one of several important sustainability milestones for Cenovus this year and highlights the ESG metrics for each legacy company enabling investors, the financial community, and rating agencies to assess our ongoing performance. Following the [Read more]
Kiwetinohk Resources and Distinction Energy announce agreement to combine
CALGARY, Alberta - The Boards of Directors and the largest shareholders of each of Kiwetinohk Resources Corp. (“Kiwetinohk”) and Distinction Energy Corp. (“Distinction”) have agreed to combine the businesses of Kiwetinohk and Distinction under a plan of arrangement pursuant to applicable corporate law (the “Arrangement”). Through the Arrangement, Kiwetinohk will acquire all shares of Distinction that it does not already own (approximately 50%) by way of an exchange of 20 Kiwetinohk shares for [Read more]
TransGlobe Energy Corporation announces operations update
CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. OPERATIONS UPDATE PRODUCTION Production Summary (WI before royalties and taxes): (Boepd) Q1 2021 Apr 2021 May 2021 Jun 2021 (to Jun 21st) YTD [Read more]
Bellatrix announces court-approved transaction
CALGARY, Alberta - Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the “Purchased Shares”), which would represent approximately 45% of the aggregate issued and outstanding common shares of Bellatrix upon implementation of the Transaction. The Transaction was approved today by [Read more]
Pieridae releases its inaugural ESG report
CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) is pleased to release its inaugural ESG Report. This announcement is the culmination of more than 14 months of effort to develop an ESG framework and strategy before producing and finalizing our inaugural report. We have defined the top material ESG risks and opportunities to be prioritized over the coming months, and have made a number of commitments the Company will focus on delivering. Our Commitments: [Read more]
Suncor Energy and Terra Nova co-owners reach agreement in principle on Terra Nova
CALGARY, Alberta - Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, with the intent to move to a sanction decision in the Fall. A subset of owners will increase their ownership of the [Read more]
Birchcliff Energy Ltd. releases 2020 ESG Report
CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the release of its 2020 ESG Report, which details the Corporation’s environmental, social and governance (“ESG”) activities and performance metrics for the year ended December 31, 2020. Birchcliff is committed to remaining a leader in all aspects of ESG performance. In 2020, Birchcliff continued to find innovative ways to improve emissions performance and protect the environment, [Read more]
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