CALGARY, AB - Advantage Energy Ltd. ("Advantage" or the "Corporation") announces that, in connection with the Corporation's ongoing substantial issuer bid (the "Offer"), the Alberta Securities Commission (the "ASC") has granted an order (the "Relief Order") permitting Advantage to extend the Offer, in certain circumstances, without first taking up any common shares ("Shares") previously deposited under the Offer. Under applicable securities laws, the Offer could not be extended in such [Read more]
Pulse Oil Corp. announces AER approval for Bigoray EOR
Vancouver, British Columbia – Pulse Oil Corp., (“Pulse” or the “Company”) (TSXV: PUL) is pleased to announce that the Company has received Final Approval from the Alberta Energy Regulator (“AER”) to move forward with the Company’s Bigoray Enhanced Oil Recovery (“EOR”) project, located in Alberta. Pulse is also happy to announce that the final facility construction and commissioning operations are completed at Bigoray with the solvent injection about to be initiated into Pulse’s two Nisku [Read more]
AltaGas announces 2023 guidance, six per cent dividend increase, update on strategic priorities and progress on sustainability goals
CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its 2023 guidance and outlook, a six percent increase to the Company's common share dividends, provides updates on its strategic priorities, and progress update on its long-term Environment, Social and Governance (ESG) goals. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) 2023 normalized EPS1 guidance of $1.85 - $2.05 represents approximately four percent [Read more]
Advantage announces 2023 budget and three-year strategic plan
CALGARY, AB - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to announce its 2023 budget and three-year strategic plan. Advantage's 2023 capital program is focused on prudent cash flow per share growth via high rate-of-return development drilling into existing infrastructure. Top-line production is planned to grow by 11% year-over-year, and all free cash flow ("FCF")(a) will remain allocated to the Corporation's share buyback program. 2023 Budget Highlights [Read more]
InPlay Oil Corp. confirms monthly dividend for December 2022
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 December 30, 2022, to shareholders of record at the close of business on December 15, 2022. 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]
Tourmaline declares quarterly dividend
CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.25 per common share. The dividend will be payable on December 30, 2022 to shareholders of record at the close of business on December 15, 2022. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader Advisories CURRENCY All amounts in this [Read more]
Pulse Oil Corp. announces Q3 results
Vancouver, British Columbia – Pulse Oil Corp., (“Pulse” or the “Company”) (TSXV: PUL) is pleased to announce that the Company has filed its Q3 2022 unaudited interim financial statements and management discussion and analysis for the three-month period ending September 30, 2022. Quarterly Financials for September 30, 2022 (CDN$): Some of the financial highlights of the third quarter results are provided as well as second quarter results of 2022 and the comparable results for the [Read more]
Paramount Resources Ltd. announces December 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 December 30, 2022 to shareholders of record on December 15, 2022. 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]
Spartan Delta Corp. announces strategic repositioning process and preliminary guidance for 2023
CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce that its Board of Directors (the "Board") has commenced a formal process to evaluate strategic repositioning alternatives in an effort to enhance shareholder value (the "Repositioning Process"). Spartan has been one of the most active consolidators in the Canadian oil and gas industry since April of 2020, building dominant positions in both the oil window of the Alberta Montney and the [Read more]
Enbridge announces 2023 financial guidance and dividend increase
CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today its 2023 financial guidance and an annualized common share dividend increase from $3.44 to $3.55 per share, or 3.2%, effective March 1, 2023. HIGHLIGHTS (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release) Reaffirmed 2022 full year guidance for [Read more]
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