BOE Report

Keyera Announces June 2022 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for June 2022 of 16.00 cents per common share. The dividend will be payable on July 15, 2022, to shareholders of record on June 22, 2022. The ex-dividend date is June 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.   [Read more]

Tamarack Valley Energy Ltd. announces closing of previously announced Rolling Hills Energy Ltd. acquisition and extension of existing sustainability-linked lending

CALGARY, AB - 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 Rolling Hills Energy Ltd. ("Rolling Hills"), a privately held pure play Clearwater oil producer. Tamarack acquired all of the issued and outstanding common shares of Rolling Hills for total net consideration of 9.3 million common shares of Tamarack and $46.5 million in cash. Tamarack has now [Read more]

Avatar Innovations, industry & academic partners launch CarbonTech accelerator

CALGARY, AB - Avatar Innovations is excited to announce the launch of its second CarbonTech accelerator, showcasing a 85 per cent increase in the number of breakthrough technologies compared with the 2021 accelerator cohort. This group is comprised of 13 technology projects sponsored by industry, led by 58 emerging leaders employed at 21 different oil and gas companies from across Canada and the USA. The Avatar 2022 Accelerator represents the energy industry's firm commitment to shaping the [Read more]

Perpetual Energy Inc. announces expanded credit facility

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") announced today that the semi-annual borrowing base redetermination of the Company's first lien credit facility has been completed and the previous $17.0 million borrowing limit has been increased to $30.0 million with an initial term to May 31, 2023 and which which may be extended for a further twelve months to May 31, 2024 subject to lender approval. If not extended by May 31, 2023, all outstanding advances would be repayable [Read more]

Keyera appoints new director to its board

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today the appointment of Isabelle Brassard to the company's Board of Directors, effective immediately. With over 27 years of global experience in the mining and metals industries spanning North America, Asia, the Middle East, and Europe, Ms. Brassard currently serves as Senior Vice President, Logistics and Sustainable Development at Fednav Limited, Canada's largest international bulk shipping company headquartered in Montreal. Prior [Read more]

Chiefs to meet with banks and investors to attract capital to Indigenous energy projects

TORONTO - The Indian Resource Council, an organization representing over 130 First Nations who produce or have a direct interest in the oil and gas industry, is leading a delegation of Chiefs to Toronto on June 9, 2022 to meet with the investment community. Their objective is to attract capital for Indigenous energy projects and ensure First Nations have equity opportunities going forward. "There is an idea in some corners of Canada that First Nations are opposed to oil and gas development. [Read more]

Pan Orient Energy Corp. – sale to DIALOG Group Berhad and transfer of non-Thailand business to new company

CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient") (TSXV: POE) announced today that it has entered into an agreement to be acquired by a subsidiary of DIALOG Group Berhad (7277 – Bursa Malaysia) and for Pan Orient's non-Thailand business to be transferred to CanAsia Energy Corp. ("CanAsia"), a new company to be owned by Pan Orient shareholders. Pursuant to that agreement (the "Arrangement Agreement"), DIALOG Systems (Asia) Pte Ltd., a wholly-owned subsidiary of DIALOG Group Berhad, will [Read more]

GLJ celebrates 50th anniversary

CALGARY, AB - Calgary-based GLJ Ltd. is celebrating its 50th anniversary today. As a leading global energy consulting firm, GLJ has spent 50 years providing expertise to clients and helping meet the world's need for responsible, sustainable energy. Since 1972, GLJ has advised private and public sector clients on a wide variety of energy plays and projects around the world. GLJ's team of engineers, economists and geoscientists have become international leaders in both emerging and [Read more]

Tourmaline increases quarterly divided and announces election of directors

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. This represents an increase of C$0.10 per common share on an annualized basis.  The dividend will be payable on June 30, 2022 to shareholders of record at the close of business on June 15, 2022. This quarterly cash dividend is designated as an "eligible dividend" for Canadian [Read more]

B-32 Exploration closes $20.6 million financing

CALGARY, AB - B-32 Exploration Ltd. (the "Company") is pleased to announce the final closing of a series of non-brokered financings totaling $20.6 million. This last tranche was over-subscribed by over  $1 million and brings the total funds raised since inception to $28 million. Larry Evans, Chairman and Chief Executive Officer, commented "This is an amazing feat considering the difficult market conditions for emerging private companies and is a testament to the quality of our dominant Duvernay [Read more]