CALGARY, AB, July 10, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to confirm the closing of the previously announced sale of Saskatchewan assets for gross proceeds of $415 million. The assets are comprised of approximately 10,500 boe/d (86% oil and liquids) of non-core light oil production in Saskatchewan and Manitoba. This transaction marks another significant step in Vermilion's strategic plan to high-grade the asset portfolio that began [Read more]
Vermilion Energy Inc. Announces TSX Approval for Renewal of Normal Course Issuer Bid and Confirms Q2 2025 Release Date and Conference Call Details
CALGARY, AB, July 9, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the notice of Vermilion's intention to commence a normal course issuer bid ("NCIB") through the facilities of the TSX, New York Stock Exchange and other alternative trading platforms in Canada and the United States. The NCIB allows Vermilion to purchase up to 15,259,187 common shares, [Read more]
Spartan Delta Corp. announces operations update
CALGARY, AB, July 7, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to provide an operations update on its first half of 2025. OPERATIONS UPDATE Spartan continues to execute on its corporate strategy by significantly growing corporate liquids production as it develops its West Shale Basin Duvernay (the "Duvernay") asset, while generating Free Funds Flow from its liquid-rich natural gas asset in the Deep Basin. In the first half of 2025 the Company ran a [Read more]
Highwood Asset Management Ltd. announces expanded credit facility to $140 million, operational and guidance update and commencement of 2H2025 drilling program
CALGARY, AB, July 3, 2025 /CNW/ - Credit Facility Update Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. As a result of another successful drilling program that delivered significant PDP reserves growth, the borrowing base has been increased from $120 million to $140 million, comprised of a $10 million operating facility and $130 [Read more]
Tidewater Midstream and Infrastructure Ltd. announces agreement to sell Sylvan Lake Gas Processing Facility to Parallax Energy Operating Inc.
(TSX: TWM) CALGARY, AB, July 3, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has entered into a definitive agreement with Parallax Energy Operating Inc. ("Parallax") for the sale of its Sylvan Lake gas plant and associated gas gathering infrastructure (collectively, the "Sylvan Lake Gas Processing Facility") for total proceeds of approximately $5.5 million, subject to customary adjustments (the [Read more]
Strathcona Resources Ltd. Confirms Closing of Sale of Montney Business and Provides Update on MEG Strategic Alternatives Process
CALGARY, AB, July 2, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) is pleased to confirm the closing of its previously announced Montney asset sales, for total value of approximately $2.86 billion including closing adjustments(1). The sale of its Groundbirch asset closed on June 1, 2025, and the sale of its Kakwa and Grande Prairie assets closed today. Strathcona is now a pure-play heavy oil company producing approximately 120 Mbbls / d (100% [Read more]
ARC Resources Ltd. announces the closing of its Montney acquisition
CALGARY, AB, July 2, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announces that it has closed its previously announced agreement to acquire condensate-rich Montney assets in the Kakwa region in Alberta (the "Assets") from Strathcona Resources Ltd. in an all-cash transaction valued at approximately $1.6 billion(1) (the "Transaction"). The Assets are underpinned by a substantial drilling inventory and include owned and operated infrastructure, reinforcing [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for July 2025
CALGARY, AB, July 2, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on July 31, 2025, to shareholders of record at the close of business on July 15, 2025. The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. InPlay [Read more]
Paramount Resources Ltd. Announces Renewal of Normal Course Issuer Bid and July Dividend
CALGARY, AB, July 2, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice to renew its normal course issuer bid ("NCIB") for its class A common shares ("Common Shares"). The renewal of the NCIB provides the Company with the continued flexibility to increase shareholder returns through the repurchase of Common Shares at times when management believes that the market [Read more]
First cargo leaves LNG Canada
CALGARY, AB, June 30, 2025 /CNW/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has the largest working interest in the LNG Canada joint venture. Located in Kitimat, British Columbia, the facility will export LNG from two processing units or "trains" with total capacity of 14 million tonnes per annum (mtpa). "LNG Canada grows our [Read more]
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