BOE Report

AltaGas announces intention to redeem all outstanding Series C preferred shares

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its intention to redeem – in accordance with the terms of the Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series C (the "Series C Shares") as set out in the Company's articles – all of its 8,000,000 issued and outstanding Series C Shares on September 30, 2022 (the "Redemption Date") for a redemption price equal to US$25.00 per Series C Share, together with all accrued and unpaid dividends to, but [Read more]

AltaGas announces closing of hybrid note offering

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced that it has closed its previously announced offering of $250 million of 7.35% Fixed-to-Fixed Rate Subordinated Notes, Series 2 due August 17, 2082 (the "Offering"). The Company intends to use the net proceeds of the offering to redeem or repurchase its outstanding cumulative redeemable five-year rate reset preferred shares, series C (TSX: ALA.PR.U). The subordinated notes are being offered through a [Read more]

Tidewater Midstream announces closing of unit financing and refinancing plan

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") (TSX: TWM) is pleased to announce the successful closing of its previously announced refinancing plan, consisting of a $130 million increase in the size of its Senior Credit Facility to $550 million and an approximately $92.5 million equity offering, fully funding the redemption of  its $125 million senior unsecured notes due December 19, 2022 and repayment of its $20 million second lien term loan due [Read more]

Tamarack Valley Energy announces declaration of monthly dividend

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that the Board of Directors has declared a monthly cash dividend on its common shares of C$0.0100 per share in accordance with the Company's dividend policy. The dividend will be payable on September 15, 2022, to shareholders of record at the close of business on August 31, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. About [Read more]

Surge Energy Inc. confirms September 2022 dividend

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on September 15, 2022, in respect of August 2022 production, for the shareholders of record on August 31, 2022 will be $0.035 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined [Read more]

Tourmaline completes Rising Star acquisition and files early warning report

Calgary, Alberta – Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce the completion of its previously announced acquisition of Rising Star Resources Ltd. (the "Transaction"). The purchase price for the Transaction included 6,000,000 common shares ("Topaz Shares") of Topaz Energy Corp. ("Topaz") currently owned by Tourmaline and $67,770,000. In connection with this disposition of Topaz Shares, Tourmaline has filed an Early Warning Report as required by [Read more]

Tidewater Renewables Ltd. announces second quarter 2022 results

CALGARY, AB - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) is pleased to announce that it has filed its condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the three and six month periods ended June 30, 2022. SECOND-QUARTER 2022 HIGHLIGHTS Tidewater Renewables generated another solid quarter of Adjusted EBITDA(1) of $16.9 million and net income of $4.4 million during the second quarter of 2022. [Read more]

Kiwetinohk reports second quarter results, achieves record production and cash flow while advancing Green Energy projects

CALGARY, AB, Aug. 11, 2022 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC), an energy transition company, today announced its second quarter 2022 results. The Company achieved record quarterly adjusted funds flow from operations1 of $76.2 million, reflecting both the strong commodity price environment and new record quarterly average production. Kiwetinohk, as a shipper on Alliance Pipeline, is uniquely positioned with approximately 90% of its natural gas anticipated to be sold into the currently [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2022 Results and Operational Update

ANNOUNCES SECOND QUARTER 2022 RESULTS AND OPERATIONAL UPDATE CALGARY, AB, Aug. 11, 2022 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater Midstream" or the "Corporation") (TSX: TWM) has filed its condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the three and six month periods ended June 30, 2022. SECOND-QUARTER 2022 HIGHLIGHTS Strong downstream performance and realized refining margins in excess of $100/bbl [Read more]

Rubellite Energy Inc. reports second quarter 2022 financial and operating results and provides operations and land acquisition update

CALGARY, AB – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to report second quarter 2022 financial and operating results and provide an operations and land acquisition update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim financial statements and related Management's Discussion and Analysis ("MD&A") for the [Read more]