BOE Report

Keyera Corp. announces closing of $250 million public note offering

CALGARY, AB, Jan. 4, 2024 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it has closed its previously announced offering of $250 million of 30 year senior unsecured medium term notes (the "Notes"). The Notes 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") was announced on January 2, 2024 and the net proceeds will be used to refinance short term indebtedness under Keyera's credit [Read more]

Simpson Oil Limited announces waiver of Nomination Agreement with Parkland Corporation

GRAND CAYMAN, Cayman Islands, Jan. 3, 2024 /CNW/ - This press release is being issued by Simpson Oil Limited ("Simpson Oil") pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers ("NI 62-103"). As reported by Parkland Corporation ("Parkland") by press release on December 31, 2023, Marc Halley and Michael Christiansen who had served as nominees of Simpson Oil pursuant to a board nomination agreement (the "Nomination Agreement") [Read more]

AltaGas Ltd. announces $400 million medium term note offering

CALGARY, AB, Jan. 3, 2024 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has agreed to issue $400 million of senior unsecured medium term notes (the "Offering") with a coupon rate of 4.672 percent, maturing on January 8, 2029. The Offering is expected to close on or about January 8, 2024. The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facilities, to fund working capital, and for general corporate [Read more]

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]