BOE Report

InPlay Oil Corp. confirms monthly dividend for January 2024

CALGARY, AB, Jan. 2, 2023 /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 January 31, 2024, to shareholders of record at the close of business on January 15, 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 [Read more]

Keyera Corp. announces $250 million public note offering

CALGARY, AB, Jan. 2, 2024 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it has agreed to issue $250 million of 30 year senior unsecured medium term notes (the "Notes"). The Notes will have a fixed coupon of 5.663% per annum, paid semi-annually, and a maturity date of January 4, 2054. The offering of the Notes (the "Offering") is expected to close on January 4, 2024 and the net proceeds will be used to refinance short term indebtedness under Keyera's credit facility and for [Read more]

Paramount Resources Ltd. announces January dividend

CALGARY, AB, Jan. 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on January 31, 2024 to shareholders of record on January 15, 2024. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT  Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian [Read more]

Parkland announces Board of Directors changes

CALGARY, AB, Dec. 31, 2023 /CNW/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), today announced the departure of Simpson Oil Limited ("Simpson") nominees Michael Christiansen and Marc Halley from the Company's Board of Directors, effective December 31, 2023. "We would like to thank Michael and Marc for their contributions to the Board," stated Steven Richardson, the Chair of Parkland's Board of Directors. "We have an independent Board that has unwavering [Read more]

Tuktu Resources Ltd. announces escrow closing of oil assets in Southern Alberta

CALGARY, AB, Dec. 29, 2023 /CNW/ - Tuktu Resources Ltd. ("Tuktu" or the "Company") (TSXV: TUK) is pleased to announce that it has closed in escrow ("Escrow Closing") on the purchase of the southern Alberta oil assets (the "Assets") owned and operated by an arm's length public company (the "Vendor"), as further described in the Company's press release dated October 18, 2023. In connection with Escrow Closing, Tuktu paid the escrow trustee $1.38 million (representing the interim purchase price, [Read more]

Oil & gas employee pays $400,000 to ASC and agrees to 10-year trading ban for insider trading

CALGARY, AB, Dec. 27, 2023 /CNW/ - The Alberta Securities Commission announces that Behjat Haghshenas of Calgary admitted to illegal insider trading in the securities of Leucrotta Exploration Inc. before the March 28, 2022 public announcement that Vermillion Energy Inc. and Leucrotta had entered into an agreement pursuant to which Vermillion would acquire Leucrotta for $500 million. Haghshenas paid $400,000 to the Alberta Securities Commission and has undertaken to cease trading in or [Read more]

AltaGas closes acquisition of Alberta Montney infrastructure assets and declares positive FID on Pipestone Phase II

Acquisition Bolsters AltaGas' Midstream Value Chain, Strengthens Commercial Profile, Delivers Long-term LPG Supply, and Provides Meaningful Long-term Growth CALGARY, AB, Dec. 22, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) has closed the previously announced acquisition of the Pipestone Assets, including: 1) the Pipestone Natural Gas Processing Plant Phase I and Phase II expansion project (individually, "Pipestone Phase I" and "Pipestone Phase II"); 2) the adjacent [Read more]

Tidewater Midstream and Infrastructure Ltd. announces the closing of its Pipestone and Dimsdale asset sale to AltaGas Ltd. and provides corporate update

(TSX: TWM) CALGARY, AB, Dec. 22, 2023 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce the closing of the previously announced sale of its Pipestone natural gas plant, Pipestone expansion project and Dimsdale natural gas storage facility to AltaGas Ltd. ("AltaGas") (collectively the "Transaction"). As consideration for the Transaction, Tidewater received cash proceeds of $325 million and approximately 12.47 million [Read more]

Journey Energy provides update on 2023 capital program; provides 2024 preliminary guidance including staggered payment of term debt

CALGARY, AB, Dec. 21, 2023 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to provide an update on a highly successful 2023 capital program. The program results exceeded expectations and have resulted in Journey exceeding its last guidance. Journey is also pleased to provide preliminary guidance for 2024 with a focus on eliminating over 80% of remaining indebtedness, advancing its power business, and improving long term sustainability. 2023 [Read more]

Crescent Point completes strategic Alberta Montney consolidation and provides improved 2024 and five-year outlook

CALGARY, AB, Dec. 21, 2023 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has successfully completed its previously announced strategic acquisition of Hammerhead Energy Inc. ("Hammerhead"), an oil and liquids-rich Alberta Montney producer (the "Transaction"). The Company is also pleased to provide its formal 2024 guidance and five-year plan, which are significantly enhanced as a result of the Transaction. "Our [Read more]