BOE Report

Tamarack Valley Energy Ltd. Announces Closing of Previously Announced Deltastream Energy Corporation Acquisition and Leadership Changes

CALGARY, AB, Oct. 13, 2022 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced acquisition (the "Acquisition") of Deltastream Energy Corporation ("Deltastream"), a privately held pure-play Clearwater oil producer. Tamarack acquired all of the issued and outstanding common shares of Deltastream for total consideration of $1.425 billion comprised of 80 million common shares of Tamarack, $300 [Read more]

Gibson Energy Releases 2021 Sustainability Report Showcasing Sustainability Journey Progress

CALGARY, AB , Oct. 12, 2022 /CNW/ - Gibson's Sustainability Report will be available exclusively online and includes enhanced navigation features. The Sustainability Report includes a comprehensive overview of progress to date for all current and planned operations in Canada and the United States. It also focuses on some of the responsibilities and opportunities the Company has identified, as the world looks for sustainable and secure energy supplies, to execute on its business strategy safely [Read more]

Enerplus Appoints Sherri A. Brillon to its Board of Directors

CALGARY, AB, Oct. 11, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced the appointment of Ms. Sherri A. Brillon to its board of directors. Ms. Brillon has over 35 years of experience in the oil and gas industry. From 1985 to 2019, Ms. Brillon held various positions of increasing responsibility at Encana Corporation (now known as Ovintiv Inc.) which included serving as Executive Vice-President and Chief Financial Officer for a decade prior [Read more]

Deloitte Canada forecasts continuing high production levels for Canadian oil companies

Coming months likely to be more volatile for Canada's natural gas producers CALGARY, AB, Oct. 4, 2022 /CNW/ - Canada has an opportunity to pull to the front of the pack as a global leader in the hydrogen economy, while Canadian oil producers are achieving all-time production highs, according to the latest forecast from Deloitte Canada's Resource Evaluation and Advisory (REA) group. Canadian oil producers are generating record cash flow despite declining global crude oil prices and a widening [Read more]

Topaz Energy Corp. Closes Previously Announced Clearwater Royalty Acquisition and Publishes Annual Sustainability Report

CALGARY, AB, Oct. 3, 2022 /CNW/ - Topaz Energy Corp. (TSX:TPZ) ("Topaz" or the "Company") is pleased to announce it has completed the acquisition of a newly-created 5% gross overriding royalty interest on Deltastream Energy Corporation's entire Clearwater acreage in Alberta, for total cash consideration of $265.3 million, before customary closing adjustments. Topaz has published its 2021 Sustainability Report which outlines the Company's sustainable investment strategy that is focused on [Read more]

Entropy Inc. provides operational update on Glacier CCS project

CALGARY, AB - Entropy Inc. ("Entropy" or the "Corporation"), a subsidiary of Advantage Energy Ltd. ("Advantage"), is pleased to provide an operational update on its first post-combustion carbon capture and storage ("CCS") project at the Glacier Gas Plant in Alberta, Canada. Commissioning of Phase 1 (47,000 tonnes per annum of CO2e ("TPA")) has been completed as expected with "first carbon" injected into permanent geological storage during August. Entropy believes this is the world's first [Read more]

Enbridge and Indigenous communities announce landmark equity partnership for $1.12 billion

  EDMONTON, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and 23 First Nation and Métis communities today announced an agreement whereby the communities will acquire, collectively, an 11.57% non-operating interest in seven Enbridge-operated pipelines in the Athabasca region of northern Alberta for $1.12 billion. A newly created entity, Athabasca Indigenous Investments (Aii), will steward this investment, which represents the largest energy-related [Read more]

Tamarack Valley Energy Ltd. announces closing of previously announced equity financing

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the closing of the previously announced bought-deal financing (the "Financing") of 33,334,000 common shares of Tamarack ("Common Shares") at a price of $3.75 per Common Share for gross proceeds of approximately $125 million. In addition, the overallotment option was exercised in full by the underwriting syndicate adding 5,000,100 Common Shares and additional gross proceeds of [Read more]

Tidewater announce third quarter 2022 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 third quarter 2022 of $0.01 per common share payable on or about October 31, 2022 to shareholders of record on September 30, 2022. The ex-dividend date is September 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 "TWM". [Read more]

Tamarack Valley Energy announces closing of supplemental $100 million addition to first sustainability-linked note issuance in the North American oil & gas producer space

CALGARY, AB, - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces that it has successfully closed the previously announced private placement offering (the "Private Placement") of $100 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the "Notes"). The Company intends to use the net proceeds of the Private Placement to fund a portion of the purchase price for Tamarack's previously announced acquisition of [Read more]