BOE Report

Advantage announces strategic asset acquisition and concurrent financing

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days (TSX: AAV) CALGARY, AB, June 10, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation"), is pleased to announce that it has entered into a definitive asset purchase agreement to acquire high-quality, synergistic Charlie Lake and Montney assets (the "Assets") from a private seller for cash [Read more]

SECURE announces final results of its substantial issuer bid

CALGARY, AB, June 10, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE") (TSX: SES) announced today the final results of its substantial issuer bid (the "Offer"), pursuant to which it has taken up and will pay for 21,929,818 common shares (the "Shares") that were validly deposited to the Offer and not withdrawn at a price of $11.40 per Share (the "Purchase Price"). The Shares to be purchased under the Offer represent an aggregate purchase price of approximately $250 million and 8.33% of [Read more]

Rubellite Energy Inc. announces expanded credit facility to $60 million

CALGARY, AB, June 6, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. The borrowing base has been increased to $60 million, until the next scheduled semi-annual borrowing base redetermination, an increase from $52.0 million and which was previously scheduled to reduce, by $5.0 [Read more]

Regional assessment of offshore oil and gas exploratory drilling east of Newfoundland and Labrador

Public Comments Invited on the Follow-up Program Report for 2023-2024 What is happening? OTTAWA, ON, June 6, 2024 /CNW/ - The Government of Canada has proceeded with the implementation of a follow-up program for the Regional Assessment (RA) of Offshore Oil and Gas Exploratory Drilling East of Newfoundland and Labrador, which tracks and reports on the progress of the commitments outlined in the Ministerial Response to the Regional Assessment Committee's Report. As per the Terms of [Read more]

SECURE announces preliminary results of its substantial issuer bid

CALGARY, AB, June 6, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE") (TSX: SES) announced today the preliminary results of its substantial issuer bid (the "Offer"), pursuant to which SECURE offered to purchase for cancellation up to $250 million of its outstanding common shares (the "Shares") from holders of Shares (the "Shareholders") for cash. The Offer expired at 5:00 p.m. (Eastern time) on June 5, 2024. In accordance with the terms and conditions of the Offer and based on the [Read more]

Tourmaline declares quarterly dividend and announces election of Directors

CALGARY, AB, June 5, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.32 per share. The dividend will be payable on June 28, 2024 to shareholders of record at the close of business on June 14, 2024. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. ELECTION OF DIRECTORS Tourmaline [Read more]

Parkland enters into agreement to sell its Canadian propane business

CALGARY, AB, June 5, 2024 /CNW/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), announced today it has entered into an agreement with Avenir Energy Ltd. to divest its Canadian commercial propane business for cash consideration of approximately $115 million, and to exclusively supply fuel for ten years (the "Divestment"). "This transaction is a big step toward achieving our target of $500 million from the divestment of non-core assets by the end of 2025," says [Read more]

InPlay Oil Corp. announces annual meeting voting results for election of directors

CALGARY AB, June 4, 2024 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announced today the voting results for the election of directors at its annual meeting of shareholders held on June 4, 2024 (the "Meeting"). The following six nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of individual nominees [Read more]

Tidewater Midstream completes $100 million convertible debenture underwritten offering and announces redemption of convertible debentures due September 30, 2024

CALGARY, AB, June 4, 2024 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") (TSX: TWM) announced today that it has completed its previously-announced public offering (the "Offering") of $100 million principal amount of convertible unsecured subordinated debentures (the "Debentures") (including $13 million principal amount of additional Debentures issued pursuant to the exercise in full of the over-allotment option) at a price of $1,000 per Debenture, with an [Read more]

InPlay Oil Corp. confirms monthly dividend for June 2024

CALGARY, AB, June 3, 2024 /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 $0.015 per common share payable on June 28, 2024, to shareholders of record at the close of business on June 14, 2024.  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 is a [Read more]