BOE Report

Tenaz Energy Corp. announces agreement to acquire NAM Offshore B.V.

CALGARY, AB, July 18, 2024 /CNW/ - Tenaz Energy Corp. ("Tenaz", "our", "we", or the "Company") (TSX: TNZ) has entered into an agreement with Nederlandse Aardolie Maatschappij B.V. ("NAM"), a 50/50 joint venture between Shell PLC and ExxonMobil Corporation, to acquire all of the issued and outstanding shares of NAM Offshore B.V. ("NOBV", or the "Acquisition") for base consideration of €165 million ($246 million), prior to closing adjustments and contingent payments. The transaction has an [Read more]

MEG Energy responds to regional wildfires with evacuation of non-essential personnel at Christina Lake regional project

CALGARY, AB, July 17, 2024 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation" (TSX: MEG) reports that the Corporation has proactively initiated a controlled evacuation of non-essential personnel from MEG's Christina Lake Regional Project (CLRP) as a result of nearby wildfires. "Our first operating priority is to care for ourselves and all others," said Darlene Gates, President and CEO. "Out of an abundance of caution, we are taking precautions to ensure the safe and orderly [Read more]

Source Rock Royalties declares monthly dividend & grants incentive securities

CALGARY, AB, July 15, 2024 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on August 15, 2024 to shareholders of record on July 31, 2024. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. GRANTS OF INCENTIVE SECURITIES Source Rock [Read more]

Surge Energy Inc. confirms increased August 2024 dividend

CALGARY, AB, July 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on August 15, 2024, in respect of July 2024 production, for the shareholders of record on July 31, 2024 will be $0.043 per share. The $0.52 per share dividend represents an 8 percent increase in the Company's dividend, from $0.48 per share per year ($0.040 per share per month) to $0.52 per share per year ($0.043 per share per month). On an annualized [Read more]

Tamarack Valley Energy Announces Declaration of Monthly Dividend

CALGARY, AB, July 15, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0125 per share in accordance with the Company's dividend policy. The dividend will be payable on August 15, 2024, to shareholders of record at the close of business on July 31, 2024. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax [Read more]

Ensign Energy Services Inc. – Second Quarter 2024 Earnings Conference Call and Webcast

CALGARY, AB, July 12, 2024 /CNW/ - Ensign Energy Services Inc. ("Ensign" or "the Company") is scheduled to release its second quarter 2024 results before the markets open on Friday, August 2, 2024.  A conference call and webcast has been scheduled for 10:00 AM MST (12:00 PM EST) on Friday, August 2, 2024. The conference participant call in numbers are as follows: US/Canada Dial-in #: (888) 664-6392 or Local/Int'l Dial-In #: (416) 764-8659 Conference ID #: 14304699 A live [Read more]

AltaGas to issue second quarter 2024 results

CALGARY, AB, July 11, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its second quarter 2024 results on Thursday, August 1, 2024, before market open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Conference Call and Webcast Details: Date: Thursday, August 1, 2024 Time: 8:00 a.m. MT (10:00 a.m. [Read more]

Canada Growth Fund announces up to $2 billion carbon capture and sequestration partnership with Strathcona Resources

CALGARY, AB, July 10, 2024 /CNW/ - Canada Growth Fund Inc. ("CGF") is pleased to announce a strategic partnership (the "SAGD CCS Partnership") with Strathcona Resources Ltd. ("Strathcona") (TSX: SCR), to build carbon capture and sequestration ("CCS") infrastructure on Strathcona's steam-assisted gravity drainage ("SAGD") oil sands facilities across Saskatchewan and Alberta. Through the SAGD CCS Partnership, Strathcona will seek to capture and permanently store up to two million tonnes of carbon [Read more]

Strathcona Resources announces up to $2 billion carbon capture partnership with Canada Growth Fund

CALGARY, AB, July 10, 2024 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today announced a strategic partnership with Canada Growth Fund ("CGF"), a $15 billion arm's-length public investment vehicle, for the development of carbon capture and sequestration (CCS) infrastructure on Strathcona's steam-assisted gravity drainage (SAGD) oil sands facilities across Saskatchewan and Alberta. Under the terms of the arrangement, CGF will invest up to $1 billion [Read more]

AltaGas closes additional medium term note offering

CALGARY, AB, July 9, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has closed its previously announced additional offering of $250 million aggregate principal amount of its 5.597% Medium Term Notes, Series 29, due March 14, 2054 (the "Notes") issued at a price of $96.379 plus accrued interest. Including the additional Notes, there will be $500 million aggregate principal amount of Notes outstanding. The net proceeds from the offering will be used to repay amounts [Read more]