BOE Report

Deloitte Canada predicts higher Canadian crude prices in 2024

WCS price differentials expected to narrow as TMX pipeline comes online CALGARY, AB, Oct. 4, 2023 /CNW/ - Canadian oil producers are likely to enjoy higher crude prices next year when the TMX pipeline begins transporting about 590,000 bbl/d for export, according to the latest forecast from Deloitte Canada's Resource Evaluation and Advisory (REA) group. Much of these additional exports will go to markets outside the United States, allowing Canadian producers to reduce their dependence on [Read more]

Waterous Energy Fund announces acquisition of shares of Strathcona Resources Ltd.

CALGARY, AB, Oct. 3, 2023 /CNW/ - Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Waterous Energy Fund (International) LP and Waterous Energy Fund II Aggregator LP (together with certain other limited partnerships managed by the WEF Manager, the "WEF Funds"), today announced that the WEF Funds were deemed under applicable law to [Read more]

InPlay Oil Corp. confirms monthly dividend for October 2023

CALGARY, AB, Oct. 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 October 31, 2023, to shareholders of record at the close of business on October 16, 2023. 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. [Read more]

Paramount Resources Ltd. announces October dividend

CALGARY, AB, Oct. 2, 2023 /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 October 31, 2023 to shareholders of record on October 16, 2023.  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]

Entropy Inc. provides corporate update and announces passing of Rick Bower

(TSX: AAV) CALGARY, AB, Sept. 28, 2023 /CNW/ - Entropy Inc. ("Entropy" or the "Corporation"), a subsidiary of Advantage Energy Ltd. ("Advantage"), provides a corporate update and announces with deep sympathy the passing of Rick Bower, Entropy's Chief Technology Officer. Corporate Update Entropy continues to expand our focus on the United States, with three projects advancing through engineering phase under commercial agreements. Preliminary front-end engineering and design ("pre-FEED") has [Read more]

Alphabow Energy demands review of the Alberta Energy Regulator’s unfair conduct

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CALGARY, AB, Sept. 28, 2023 /CNW/ - AlphaBow Energy Ltd. ("AlphaBow") is calling on the Alberta Ombudsman to review the Alberta Energy Regulator's ("AER") decision-making practices, which have deprived the company of its procedural fairness rights. In a complaint filed with the Alberta Ombudsman, AlphaBow alleges that the AER has demonstrated unfair, discriminatory, and intentional conduct toward AlphaBow, which could unnecessarily put it out of business. Earlier this year, the AER issued an [Read more]

TransAlta Renewables Inc. approves arrangement with TransAlta Corporation

CALGARY, AB, Sept. 26, 2023 /CNW/ - TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) held its Special Meeting of Shareholders ("the Meeting") on September 26, 2023.  The purpose of the Meeting was to seek shareholder approval in connection with the previously announced definitive arrangement agreement (the "Arrangement") whereby TransAlta Corporation ("TransAlta") will acquire all of the issued and outstanding common shares of the Company not already owned, directly [Read more]

Commission of the CER approves Trans Mountain’s route deviation application; reasons to follow

CALGARY, AB, Sept. 25, 2023 /CNW/ - Today, the Commission of the Canada Energy Regulator (CER) approved Trans Mountain's application for a route deviation in the Pípsell (Jacko Lake) area. The Commission will release its reasons for decision in the coming weeks. On August 10, 2023, Trans Mountain submitted an application to revise the route and method of construction for a 1.3 km section of the pipeline route, in the Pípsell (Jacko Lake) area. The company indicated that it had encountered [Read more]

Tidewater announces third quarter 2023 dividend

CALGARY, AB, Sept. 22, 2023 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater") (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the third quarter 2023 of $0.01 per common share payable on or about October 31, 2023 to shareholders of record on September 29, 2023. The ex-dividend date is September 28, 2023. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). ABOUT TIDEWATER Tidewater is traded [Read more]

Tamarack Valley Energy announces declaration of monthly dividend

TSX: TVE CALGARY, AB, Sept. 20, 2023 /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 October 13, 2023, to shareholders of record at the close of business on September 29, 2023. This monthly cash dividend is designated as an "eligible dividend" for [Read more]