CALGARY, AB, June 13, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend and extension of its Credit Facility. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares of $0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on July 15, 2025, to shareholders of record at the close of [Read more]
Canada Announces Major Investments to Improve Resilience Against Wildfires
OTTAWA, ON, June 12, 2025 /CNW/ - Wildfire season is in full effect across much of Canada, with many Canadians currently facing severe wildfire conditions. The Government of Canada, along with the provinces, territories and the Canadian Interagency Forest Fire Centre (CIFFC), is seized with the importance of supporting Canadians whose lives and livelihoods are at stake. Today, the Governments of Canada, British Columbia, Alberta, Newfoundland and Labrador, Yukon, Nova Scotia, Prince Edward [Read more]
MEG Energy Begins Ramp-Up to Full Operations at Christina Lake Regional Project Following Wildfire Response
CALGARY, AB, June 11, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) is providing an update on operations at its Christina Lake Regional Project (CLRP) following recent regional wildfires south of the facility. MEG has safely returned all personnel to site and restored its connection to Alberta's electric grid. In addition, MEG has commenced restarting Phase 2B operations after successful completion of the turnaround. "We are deeply grateful for the [Read more]
AltaGas announces long-term global exports tolling agreement
CALGARY, AB, June 9, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce an incremental long-term tolling agreement that advances the Company's commercial de-risking and continues to reduce long-term commodity exposure across the enterprise. Keyera Corp. ("Keyera") will flow an additional 12,500 Bbls/d of liquified petroleum gases ("LPGs") through AltaGas' west coast export facilities. The incremental tolling volumes will commence in 2028, post the Keyera [Read more]
Keyera Announces Sanctioning of KAPS Zone 4 and Provides Other Commercial Updates
CALGARY, AB, June 9, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today the formal sanctioning of KAPS Zone 4, a strategic extension of its integrated system. This expansion strengthens Keyera's connectivity to the growing liquids-rich Montney regions of northeast British Columbia and northwest Alberta, some of the most active and resource-rich areas in North America. "The sanctioning of KAPS Zone 4 marks another important milestone in the execution of our strategy to grow and [Read more]
Vermilion Energy Inc. Announces Agreement to Sell United States Assets and Provides Updated 2025 Guidance
CALGARY, AB, June 5, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that it has entered into a definitive agreement for the sale of its United States assets (the "Assets") for cash proceeds of $120 million (the "Transaction"). Net proceeds from the Transaction will be directed towards debt repayment to further accelerate deleveraging efforts and strengthen Vermilion's balance sheet. Based on current strip commodity [Read more]
Tourmaline declares quarterly dividend and announces election of Directors
CALGARY, AB, June 4, 2025 /CNW/ - 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$0.50 per share. The dividend will be payable on June 30, 2025 to shareholders of record at the close of business on June 16, 2025. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. ELECTION OF DIRECTORS Tourmaline [Read more]
ARC Resources Ltd. announces offering of Senior Unsecured Notes
CALGARY, AB, June 3, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today an offering of C$1.0 billion aggregate principal amount of senior unsecured notes (the "Offering"), consisting of C$550 million aggregate principal amount of 3.577% Senior Unsecured Notes, Series 3 due 2028 (the "Series 3 Notes") and C$450 million aggregate principal amount of 4.409% Senior Unsecured Notes, Series 4 due 2032 (the "Series 4 Notes", together with the Series 3 Notes, the [Read more]
First Ministers’ statement on building a strong Canadian economy and advancing major projects
SASKATOON, SK, June 2, 2025 /CNW/ - "Today, Canada's First Ministers met in Saskatoon, Saskatchewan, to build a stronger, more competitive, and more resilient Canadian economy. This marks the first time that a First Ministers' Meeting has taken place in Saskatchewan in over 40 years. "First Ministers expressed their deep concern regarding the wildfire situations across Canada, including in Manitoba, Saskatchewan, and Alberta, and pledged to continue to provide assistance and support to [Read more]
Source Rock Royalties announces first quarter 2025 results
CALGARY, AB, June 2, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil focused royalties, announces results for the three-month period ended March 31, 2025. First Quarter Highlights: Quarterly royalty production of 232 boe/d (92% oil and NGLs), a decrease of 4% over Q1 2024. Quarterly royalty revenue of $1,676,388, a decrease of 3% over Q1 2024. Quarterly adjusted EBITDA(1) [Read more]
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