BOE Report

Vermilion Energy Inc. announces 2023 budget and guidance, 25% dividend increase and resumption of share buybacks

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce its 2023 budget and guidance, a 25% dividend increase, and the resumption of our share buyback program. Highlights 2023 capital budget of $570 million reflects consistent investment levels in North America and increased capital allocation to continental European gas drilling 2023 production guidance of 87,000 – 91,000 boe/d represents a year-over-year [Read more]

Enbridge announces renewal of normal course issuer bid

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that the Toronto Stock Exchange (TSX) has approved the Company's new normal course issuer bid (NCIB) to purchase, for cancellation, up to 27,938,163 of its outstanding common shares to an aggregate amount of up to $1.5 billion. Purchases under the NCIB may be made through the facilities of the TSX, the New York Stock Exchange (NYSE) and other designated exchanges and alternative trading systems, [Read more]

InPlay Oil Corp. confirms monthly dividend for January 2023

CALGARY, AB - 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 30, 2023, to shareholders of record at the close of business on January 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. InPlay is a junior oil and [Read more]

Paramount Resources Ltd. announces January dividend

CALGARY, AB - 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, 2023 to shareholders of record on January 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-focused Canadian energy company that explores for and [Read more]

Yangarra announces 2023 guidance and banking update

CALGARY, AB - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) outlines 2023 guidance and provides a banking update. Capital Budget & 2023 Guidance The Company's Board of Directors has approved a capital budget of $125 million for 2023, which includes the drilling of 33 wells which will keep one drilling rig fully utilized for the year.  The budget is expected to increase the Company's annual 2023 average production to 13,000 boe/d with funds flow from operations of [Read more]

AltaGas receives regulatory commission of Alaska approval for divestiture of Alaskan utilities

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announced that the Regulatory Commission of Alaska (the "RCA") approved the joint application of its wholly-owned subsidiary, SEMCO Energy, Inc. ("SEMCO") and Alaska Utility Holdings Inc. ("AUHI"), a wholly-owned subsidiary of TriSummit Utilities Inc. ("TriSummit"), for AUHI to acquire AltaGas' Alaskan Utilities from SEMCO. (the "Divestiture"). As previously disclosed on May 26, 2022, AltaGas announced an agreement to sell [Read more]

Tidewater announces fourth quarter 2023 dividend

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater") (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the fourth quarter 2022 of $0.01 per common share payable on or about January 31, 2023 to shareholders of record on December 30, 2022.  The ex-dividend date is December 29, 2022. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). ABOUT TIDEWATER Tidewater is traded on the TSX under the symbol [Read more]

Advantage Announces Final Results of Substantial Issuer Bid

CALGARY, AB, Dec. 20, 2022 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") announces the final results of its substantial issuer bid (the "Offer"), pursuant to which the Corporation offered to purchase for cancellation up to $100,000,000 of its common shares (the "Shares").  In accordance with the terms and conditions of the Offer, Advantage has taken up 8,928,571 Shares at a price of $11.20 per Share (the "Purchase Price"), representing an aggregate purchase of approximately [Read more]

Keyera announces closing of $230 million bought deal equity offering and exercise of over-allotment option

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera" or the "Corporation") today announced that it has completed its previously announced bought deal public offering (the "Offering") of common shares of the Company (the "Common Shares"). The Offering was announced on December 14, 2022 when Keyera entered into an agreement with RBC Dominion Securities Inc., acting on behalf of a syndicate of underwriters (collectively, the "Underwriters"). Under the Offering, Keyera issued an aggregate of [Read more]

Tamarack Valley Energy Ltd. releases 2022 sustainability report

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce the release of its third annual Sustainability Report, outlining the Company's progress on environmental, social and governance (ESG) practices in 2021 and early 2022 and how these factors help guide Tamarack's strategy. The Company has made significant advancements on commitments and goals related to the focus areas of ethical governance; stakeholder engagement; biodiversity and water management; and [Read more]