BOE Report

TransAlta Renewables announces rehabilitation plan for Kent Hills, executes 10-year contract extension with New Brunswick power, and receives waiver from project bondholders

CALGARY, AB - TransAlta Renewables Inc. (TSX: RNW) (the "Company" or "TransAlta Renewables") announced today that Kent Hills Wind LP ("KHLP"), the Company's indirect subsidiary, has amended and extended its current power purchase agreements ("PPAs") with New Brunswick Power Corporation ("NB Power") in respect of each of the Kent Hills 1, 2 and 3 facilities, representing total generating capacity of 167 MW.  The amending agreements provide for a blend-and-extend of the PPAs for an additional [Read more]

Clearview Resources Ltd. reports credit facility update

CALGARY, AB - Clearview Resources Ltd. ("Clearview" or the "Company") announces an update on its credit facility with ATB Financial ("ATB"), its lender. CREDIT FACILITY UPDATE On June 1, 2022, the Company entered into a new agreement with its lender, establishing a $10.0 million revolving operating facility.  The credit facility allows Clearview to repay its Export Development Canada Guarantee ("EDC") loan prior to the end of the term, thereby reducing interest costs on the principal amount [Read more]

Tenaz Energy Corp. announces 2022 annual meeting results and provides notice to shareholders regarding UK disclosure requirements

CALGARY, AB - Tenaz Energy Corp. ("Tenaz" or the "Company") (TSX: TNZ) is pleased to announce the results from its annual meeting of shareholders (the "Meeting") held on May 31, 2022. A total of 11,718,094 common shares, representing approximately 41% of the Company's issued and outstanding common shares, were represented in person or by proxy at the Meeting. All of the matters put forward before the shareholders, as set out in the Company's management information circular dated April 27, [Read more]

Vermilion Energy Inc. announces closing of the acquisition of Leucrotta Exploration Inc.

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that we have closed the acquisition of Leucrotta Exploration Inc. ("Leucrotta") pursuant to the terms of the previously announced arrangement agreement (the "Arrangement" or the "Leucrotta Acquisition") dated March 28, 2022, as amended, among Vermilion, Leucrotta and Coelacanth Energy Inc. ("Coelacanth"). The primary asset acquired pursuant to the Leucrotta [Read more]

Bonterra Energy Corp. provides operational update and announces credit facility redetermination

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to provide an operational update and confirm that it has finalized its credit facility redetermination with its syndicate of lenders. Operational Update Bonterra is pleased with the progress and success realized from its 2022 drilling program to date, targeting high rate-of-return, low-risk light oil opportunities. The Company brought on production 24 gross (19.6 net) wells [Read more]

Source Rock Royalties announces record quarterly & monthly royalty revenue

CALGARY, AB - Source Rock Royalties Ltd. ("Source Rock")(TSXV: SRR - SRR.WT), a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties in Saskatchewan and Alberta, announces financial and operating results for the three-month period ended March 31, 2022.   First Quarter Highlights: Record quarterly royalty revenue of $1,527,386, an increase of 89% over Q1 2021. Record monthly royalty revenue of $631,202 in March 2022 (40% [Read more]

Journey Energy Inc. reports on voting from the 2022 shareholders meeting

CALGARY, AB - Journey Energy Inc. (TSX: JOY) ("Journey", or the "Company") reports the voting results from its Annual General Meeting (the "Meeting") held on May 26, 2022 pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations.  Journey is pleased to report that all resolutions were approved by the shareholders and the details of the voting results are contained below. 1.                      Fixing the Number of Directors to be elected at the [Read more]

Tenaz Energy Corp. announces Q1 2022 results and corporate update

CALGARY, AB - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased to announce its financial and operating results for the three months ended March 31, 2022 and corporate update. The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available at www.sedar.com and www.tenazenergy.com. Selected financial and operating information for the three months ended March 31, 2022 appear below and [Read more]

Clearview Resources Ltd. reports first quarter results of 2022

CALGARY, AB - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results for the three months ended March 31, 2022. "Clearview maintained its focus on paying down bank debt during the first quarter while taking advantage of the higher commodity prices to undertake an additional capital program", commented Tony Angelidis, Clearview's CEO. "With the closing of our undeveloped land sale in April for $1.35 million and reducing [Read more]

Highwood Asset Management Ltd. announces 2022 first quarter financial and operating results along with operational update

CALGARY, AB - Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three months ended March 31, 2022. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2022, can be found at www.sedar.com and www.highwoodmgmt.com. Highlights Within the industrial metals and minerals business unit, the Company [Read more]