BOE Report

Enbridge provides notice of Series 1 preferred shares conversion right and announces reset dividend rates

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 1 (Series 1 Shares) (TSX: ENB.PR.V) on June 1, 2023. As a result, subject to certain conditions, the holders of the Series 1 Shares have the right to convert all or part of their Series 1 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 2 of [Read more]

Canada Energy Partners Inc. announces amendment to terms of convertible debentures

VANCOUVER, BC - Canada Energy Partners Inc. (NEX: CE.H) (the "Corporation"). The Corporation announces an amendment to the terms of the previously announced private placement of convertible debentures to secure up to $150,000 to reflect market conditions. The amended terms of the convertible debentures provide that the principal amount may at the option of a holder be converted into units consisting of a common share at an issuance price of $0.03 and a share purchase warrant entitling the holder [Read more]

MEG Energy reports 2023 director election voting results

CALGARY, AB, May 1, 2023 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) is pleased to announce that at its annual meeting of shareholders held on May 1, 2023 (the "Meeting"), all resolutions were approved as follows: Election of Directors Each of the nine (9) nominees listed in its Management Information Circular dated March 15, 2023, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. [Read more]

MEG Energy announces first 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]

InPlay Oil Corp. confirms monthly dividend for May 2023

CALGARY, AB, May 1, 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 May 31, 2023, to shareholders of record at the close of business on May 15, 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. InPlay [Read more]

Topaz announces first quarter 2023 results, achieves record royalty production and declares quarterly dividend

CALGARY, AB, May 1, 2023 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide first quarter 2023 financial results and confirm the Company's 2023 guidance estimates.  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 ("MD&A") as at and for the three months ended March 31, 2023, which are available on SEDAR at [Read more]

AltaGas announces election of directors

CALGARY, AB, April 28, 2023 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce the final director election results from its 2023 Annual General Meeting of Shareholders held on April 28, 2023 (the "Meeting"). All nominees recommended by management for election were elected for a term ending at the next annual meeting of shareholders or until their successors are duly elected or appointed. The detailed results of the vote are set out [Read more]

Highwood Asset Management Ltd. announces 2022 fourth quarter and year end results, 2022 year end reserves along with operational update

CALGARY, AB, April 28, 2023 /CNW/ - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three months and twelve months ended December 31, 2022 and to provide the results of its independent oil and gas reserves evaluation as of December 31, 2022, prepared by GLJ Petroleum Consultants Ltd. ("GLJ").  The Company also announces that its audited financial statements and associated Management's Discussion and Analysis [Read more]

On target: 2022 sustainability report shows ATCO’S continuing strong environmental, social, and governance performance

CALGARY, AB - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) / Canadian Utilities Limited (TSX: CU) (TSX: CU.X) Today, ATCO released its 2022 Sustainability Report highlighting the company's sustainability and environmental, social, and governance (ESG) performance including strategies, initiatives, targets, and metrics.  The report focuses on the transition to low-carbon energy; climate change and environmental stewardship; operational reliability and resilience; community and Indigenous relations; [Read more]

Lycos Energy Inc. announces 2022 year end reserves and operating and financial results

CALGARY, AB, April 27, 2023 /CNW/ - Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce its operating and financial results for the three months and year ended December 31, 2022 and the results of Lycos' year-end independent oil and gas reserves evaluation as of December 31, 2022 (the "Reserve Report"), prepared by Sproule Associates Limited ("Sproule"), the Company's independent qualified reserves evaluator.  Selected financial, operating and reserves information is [Read more]