BOE Report

Spartan Delta Corp. announces pro forma budget, updated guidance for 2023 and annual meeting voting results

CALGARY, AB, May 17, 2023 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce that its Board of Directors (the "Board") has approved the pro forma capital expenditure budget and updated guidance for 2023, following the recent sale of the Company's Gold Creek and Karr Montney assets (the "Asset Sale"). The Company also announces the voting results from its annual general and special meeting of shareholders held on May 16, 2023 (the "Meeting"). 2023 BUDGET [Read more]

Tamarack Valley Energy announces declaration of monthly dividend

CALGARY, AB - 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 June 15, 2023, to shareholders of record at the close of business on May 31, 2023. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.   [Read more]

Ovintiv prices offering of senior notes

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has priced an offering (the "Notes Offering") of $600,000,000 in aggregate principal amount of 5.650% senior notes due 2025 (the "2025 Notes"), $700,000,000 in aggregate principal amount of 5.650% senior notes due 2028 (the "2028 Notes"), $600,000,000 in aggregate principal amount of 6.250% senior notes due 2033 (the "2033 Notes") and $400,000,000 in aggregate principal amount of 7.100% senior notes due 2053 [Read more]

Perpetual Energy Inc. announces election of directors

CALGARY, AB - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 30, 2023 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a director of [Read more]

Gibson Energy announces sanction of two new tanks at Edmonton and increased 2023 growth capital guidance

CALGARY, AB - Gibson Energy Inc. announced today it has sanctioned the construction of two tanks, representing 870,000 barrels of new tankage, at its Edmonton Terminal underpinned by a 15 year take-or-pay and stable fee-based contract agreement with Cenovus Energy Inc., an investment grade, senior integrated oil sands customer. "Gibson is very pleased with the sanction of two new tanks at our Edmonton Terminal, which will further increase our high-quality, long-term infrastructure revenues [Read more]

Kiwetinohk provides wildfire safety and operations update

CALGARY, AB, May 15, 2023 /CNW/ - Kiwetinohk today announced it is currently ramping up production from its Placid field as the 3rd party infrastructure suspended due to proximity to wildfire is now operational. At this time, approximately two-thirds of Kiwetinohk's Placid production has been restored. At Kiwetinohk's Simonette operations, a fire to the south of the 10-29 plant started on the weekend and is currently under control. A fire at the northern part of Kiwetinohk's land base continues [Read more]

AltaGas Ltd. closes aggregate $400 million medium term note offering

CALGARY, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has completed its issue of $400 million of senior unsecured medium term notes (the "Offering") with a coupon rate of 4.638 percent, maturing on May 15, 2026. The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facility and to refinance the senior unsecured medium-term note maturing in June 2023.  The Offering continues to stagger, extend and de-risk [Read more]

Source Rock Royalties declares monthly dividend

CALGARY, AB, May 15, 2023 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: SRR.WT) a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties, announces that its board of directors has declared a monthly dividend of $0.0055 per common share, payable in cash on June 15, 2023 to shareholders of record on May 31, 2023. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Source Rock Royalties [Read more]

Surge Energy Inc. confirms June 2023 dividend

CALGARY, AB, May 15, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2023, in respect of May 2023 production, for the shareholders of record on May 31, 2023 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]

Tenaz Energy Corp. announces Q1 2023 results

CALGARY, AB, May 15, 2023 /CNW/ - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce its financial and operating results for the three months ended March 31, 2023. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available on SEDAR at www.sedar.com and on Tenaz's website at www.tenazenergy.com. Selected financial and operating information for the [Read more]