BOE Report

Tamarack Valley Energy announces issuance and pricing of upsized $100 Million 7.25% senior unsecured sustainability-linked notes due 2027

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces that it has entered into an underwriting agreement to sell, on a private placement basis (the "Private Placement"), $100 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the "Notes"). The Notes will be issued at $940 per $1,000 principal amount thereof (plus accrued interest from and including May 10, 2022 to but excluding the closing date of the [Read more]

Clearview Resources Ltd. announces management change

CALGARY, AB - Clearview Resources Ltd. ("Clearview" or the "Company") today announced that Mr. Tony Angelidis has retired, as President and Chief Executive Officer, effective September 1, 2022. Mr. Angelidis was instrumental in directing the Company to drill its first operated wells utilizing innovative drilling techniques to unlock the development potential of Clearview's assets. Of perhaps greater importance, he guided Clearview through extremely difficult times during the COVID-19 pandemic [Read more]

Tamarack Valley Energy Ltd. announces $125 million bought deal offering of common shares

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and National Bank Financial Inc. (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, for resale to the public, on a bought-deal basis, approximately 33 million common shares ("Common Shares") of Tamarack at a price of $3.75 per Common Share for gross proceeds of approximately $125.0 million (the [Read more]

Tamarack Valley Energy Ltd. solidifies position as the largest Clearwater producer with the acquisition of Deltastream Energy Corporation for $1.425 billion and announces 25% monthly dividend increase

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire Deltastream Energy Corporation ("Deltastream"), a privately held pure-play Clearwater oil producer, for total net consideration of $1.425 billion, consisting of $825 million in cash, $300 million in the form of a deferred acquisition payment ("DAP") and $300 million of equity comprised of approximately 80 million [Read more]

Tourmaline increases 2023 cash flow guidance and provides a production and marketing update

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide a production and marketing update. 2023 OUTLOOK Given improving 2023 natural gas strip pricing(1) at several sales hubs, 2023 cash flow(2)(3) guidance has been increased to $6.58 billion, up 28% from previous guidance of $5.14 billion. 2023 average production guidance remains at 545,000 boepd (2.5 bcf/day of natural gas and 126,000 bpd of oil, condensate, and NGLs). Tourmaline expects [Read more]

Topaz announces strategic acquisition of Clearwater royalty assets and 7% dividend increase

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that in continuing with its profitable and accretive acquisition growth strategy, it has entered into definitive agreements with Deltastream Energy Corporation ("Deltastream"), a privately held pure-play Clearwater Canadian oil producer, for the purchase of a newly created 5% gross overriding royalty on all current and future oil production from Deltastream's entire Clearwater acreage in Alberta (the [Read more]

Journey Energy Inc. updated corporate presentation

CALGARY, AB - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") reports that it has updated its Corporate Presentation and has posted the presentation on its website at www.journeyenergy.ca.  Alex Verge, Journey's President and CEO, will be presenting at the Peters and Company Energy Conference at 3:40 PM Eastern Standard Time on Tuesday September 13, 2022. The presentation will be webcast and a link to the recording of this presentation will be posted to Journey's [Read more]

Keyera Announces September 2022 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for September 2022 of 16.00 cents per common share. The dividend will be payable on October 17, 2022, to shareholders of record on September 22, 2022. The ex-dividend date is September 21, 2022. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX: KEY) [Read more]

Keyera shows emissions reduction progress of 12% in 2021 ESG report

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today the release of its  2021 environmental, social and governance (ESG) report. This report further demonstrates the company's efforts to provide transparency regarding its continued strong environmental stewardship, social responsibility, and corporate governance as it continues to meet the growing demand for responsibly-produced energy. "Advancing Keyera's ESG performance is critical to our success – it helps us unlock [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$0.225 per common share. The dividend will be payable on September 29, 2022 to shareholders of record at the close of business on September 15, 2022. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader Advisories Currency All amounts in this news [Read more]