BOE Report

Pipestone Energy Corp. enters into agreement to be acquired by Strathcona Resources Ltd. in an all-share transaction, creating a new public Canadian oil & gas champion

CALGARY, AB , Aug. 1, 2023 /CNW/ - Strathcona Resources Ltd. ("Strathcona") and Pipestone Energy Corp. (TSX: PIPE) ("Pipestone") are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement"), pursuant to which Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration (the "Transaction"). Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Upon closing [Read more]

Gibson Energy declares dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB, July 31, 2023 /CNW/ - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.39 per common share payable on October 16, 2023, to shareholders of record at the close of business September 29, 2023.  This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian [Read more]

Gibson Energy announces 2023 second quarter results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, AB, July 31, 2023 /CNW/ - Gibson Energy Inc. announced today its financial and operating results for the three months ended June 30, 2023. "Exiting the first half of 2023, we are pleased to report strong results from both the Infrastructure and Marketing segments, with Marketing segment profit above previously communicated expectations," said Steve Spaulding, President and Chief Executive Officer. "Beyond our [Read more]

Topaz announces second quarter 2023 financial results, declares increased third quarter dividend and closing of tuck-in core area acquisition

CALGARY, AB, July 31, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce financial results for the second quarter of 2023 as well as a $0.04 per share increase to its annual dividend which is attributed to the sustainable growth of the Company's revenue streams.  Select financial information is outlined below and should be read in conjunction with Topaz's interim consolidated financial statements and related management's discussion and analysis [Read more]

AltaGas reports second 2023 results

First Half of 2023 Results in Line with Expectations; Second Quarter Negatively Impacted by Wildfires and Hedge and Ship Timing Impacts; Reiterating 2023 Full-year Guidance CALGARY, AB, July 28, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported second quarter 2023 financial results and provided an update on the Company's operations and other corporate developments. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise [Read more]

MEG Energy announces second quarter 2023 financial and operating results

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted [Read more]

Keyera announces timing of 2023 second quarter results conference call and webcast

CALGARY, AB, July 27, 2023 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its second quarter 2023 results before markets open on Thursday, August 10, 2023. The release will be followed by a conference call and webcast that have been scheduled for Thursday August 10, 2023, at 8:00 AM Mountain Time (10:00 AM Eastern Time). The conference call dial-in number is 888-664-6392 or 416-764-8659. A recording of the conference call will be available for replay [Read more]

Advantage announces second quarter 2023 financial and operating results

CALGARY, AB, July 27, 2023 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report its second quarter 2023 results, including continued strong well performance and a successful major planned production outage while net debta remained on-target. Development operations continued at a steady pace with a focus on our liquids-weighted assets at Wembley, Valhalla and Progress. Second Quarter 2023 Financial Highlights Cash provided by operating activities of $38.0 [Read more]

Highwood Asset Management Ltd. announces closing of subscription receipt financing

CALGARY, AB, July 27, 2023 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce that, further to the Company's press releases dated July 5, 2023 and July 10, 2023, it has closed its previously announced ‎"best efforts" marketed offering of subscription receipts (the "Offering"). Pursuant to the Offering, the Company issued and sold a total of 5,833,333 subscription receipts ("Subscription Receipts") at a price of $6.00 per Subscription Receipt [Read more]

Topaz announces tuck-in acquisition of infrastructure and royalty assets in core operating areas

CALGARY, AB, July 27, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into definitive agreements to acquire a 49.9% working interest in a newly constructed and commissioned sweet natural gas processing facility and associated crude oil battery in the Wembley area (the "Facility Interests") in addition to gross overriding royalty interests in the Clearwater and Charlie Lake operating areas in Alberta which includes 17,000 gross [Read more]