BOE Report

Secure announces $300 million senior unsecured note financing

(All financial figures are in Canadian dollars unless otherwise noted) CALGARY, AB, March 19, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE") (TSX: SES), announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement (the "Offering"), $300 million aggregate principal amount of 6.75% senior unsecured notes due March 22, 2029 (the "Notes"). The Offering is being underwritten by BMO Capital Markets and National Bank Financial Markets as joint [Read more]

Logan Energy Corp. announces 2023 financial results and reserves, operations update, and upsized credit facility

CALGARY, AB, March 18, 2024 /CNW/ - Logan Energy Corp. ("Logan" or the "Company") announces its financial and operating results for the period ended December 31, 2023, and the results of the 2023 year end reserves evaluation and provides an operations update and details of the Company's upsized revolving credit facility. Selected financial and operational information set out below highlights results from the fourth quarter and second half of 2023 ("H2 2023"), the first full period of [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.17 per share for April 15, 2024

CALGARY, AB, March 15, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.17 per share for April 15, 2024 to shareholders of record on March 28, 2024. At March 15, 2024, the trailing 12-month payments to shareholders total $0.66 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG performance. ARC's [Read more]

763997 Alberta Ltd. (formerly Target Capital Inc.) and Grafton Ventures Energy Holdings Corp. announce closing of brokered private placement

CALGARY, AB, March 15, 2024 /CNW/ - 763997 Alberta Ltd. (formerly Target Capital Inc.) ("TCI") (NEX: TCI.H) and Grafton Ventures Energy Holdings Corp. ("Grafton") are pleased to announce the closing of a brokered private placement of 24,333,901 subscription receipts of Grafton (the "Subscription Receipts") for gross proceeds of $3,650,085 (the "Private Placement") in accordance with the terms of an agency agreement dated the date hereof among Grafton, Eight Capital (the "Lead Agent"), Haywood [Read more]

Secure announces quarterly dividend and timing of first quarter results and conference call

CALGARY, AB, March 15, 2024 /CNW/ - SECURE ENERGY Services Inc. ("SECURE" or the "Corporation"), a leading waste management and energy infrastructure company, is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.10 per common share payable on or about April 15, 2024, to shareholders of record on April 1, 2024. This dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar applicable provincial [Read more]

763997 Alberta Ltd. (Formerly Target Capital Inc.) and Grafton Ventures Energy Holdings Corp. announce amalgamation agreement

CALGARY, AB, March 15, 2024 /CNW/ - Further to the press release issued January 11, 2024 by 763997 Alberta Ltd. (formerly Target Capital Inc.) ("TCI") (NEX: TCI.H) and Grafton Ventures Energy Holdings Corp. ("Grafton"), TCI and Grafton are pleased to announce that they, together with 2595456 Alberta Ltd. ("Subco"), a wholly-owned subsidiary of TCI, have entered into an amalgamation agreement dated March 14, 2024 (the "Amalgamation Agreement") to complete the previously announced business [Read more]

Tamarack Valley Energy announces declaration of monthly dividend

CALGARY, AB, March 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 April 15, 2024, to shareholders of record at the close of business on March 29, 2024. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax [Read more]

Surge Energy Inc. confirms April 2024 dividend

CALGARY, AB, March 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on April 15, 2024, in respect of March 2024 production, for the shareholders of record on March 31, 2024, will be $0.04 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's [Read more]

Rubellite Energy Inc. reports fourth quarter and full year 2023 financial and operating results and year-end 2023 reserves and provides operations update and first quarter and full year 2024 guidance

CALGARY, AB, March 14, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to report fourth quarter and full year 2023 financial and operating results, select information from the Company's independent year-end 2023 reserve report, evaluated by McDaniel and Associates Consultants Ltd. ("McDaniel"), provides an operations update for the first quarter of 2024 and provides first quarter and full [Read more]

AltaGas closes aggregate $600 million medium term note offerings

CALGARY, AB, March 14, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has closed its previously announced issuance of $350 million of senior unsecured medium term notes (the "10 Year Notes") with a coupon rate of 5.141 percent, maturing on March 14, 2034 and $250 million of senior unsecured medium term notes (the "30 Year Notes") with a coupon rate of 5.597 percent, maturing on March 14, 2054 (the "Offering"). The net proceeds resulting from the Offering will be used [Read more]