BOE Report

Rubellite Energy Inc. announces election of directors

CALGARY, AB – Rubellite Energy Inc. ("Rubellite" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 22, 2022 were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a director of [Read more]

AltaGas announces agreement to monetize Alaskan utilities

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced an agreement to sell its Alaskan Utilities to TriSummit Utilities Inc. ("TriSummit") for US$800 million (approximately CAD$1.025 billion). The sale price represents 2.3x 2021 rate base and 29x 2021 allowed earnings. The transaction is anticipated to close no later than the first quarter of 2023 and will be subject to customary closing conditions, including State regulatory approvals. "We are pleased to have [Read more]

Enbridge advancing construction of natural gas pipeline to Venture Global’s plaquemines LNG facility

HOUSTON, TX - Enbridge Inc. (TSX: ENB) (NYSE: ENB) is pleased to announce the advancement of its Venice Extension Project and Gator Express Meter Project to deliver 1.5 billion cubic feet per day of natural gas to Venture Global's Plaquemines LNG facility located in Plaquemines Parish, LA. The Projects generally will involve 36-inch diameter pipe, metering, and compressor station additions and improvements. The Gator Express Meter Project is expected to be in service in 2023 and Venice [Read more]

Countering cyber attacks in the Canadian energy sector

OTTAWA, ON - The need to strengthen the reliability and resiliency of Canada's energy systems from cyber attacks has never been greater as cyber threats grow more frequent, complex, and costly. Protecting the energy sector remains critical for the economy, the environment, and national security, and is essential for ensuring the secure adoption of the technologies contributing to Canada's commitment to reach net zero by 2050. The Honourable Jonathan Wilkinson, Minister of Natural Resources, [Read more]

CER Commission recommends approval of the West Path Delivery 2023 Project

CALGARY, AB - The Commission of the Canada Energy Regulator (CER) recommends approval of NOVA Gas Transmission Ltd.'s (NGTL) West Path Delivery 2023 Project. The approximately 39-kilometre (km) pipeline is needed to increase the connection of Western Canada Sedimentary Basin supply with long-term markets. The Commission set out 34 conditions related to safety and integrity, employment and training, environmental protection and Indigenous Peoples' involvement in monitoring. NGTL must also [Read more]

Tenaz Energy Corp. announces agreement to acquire the shares of SDX Energy PLC in an all-share transaction

CALGARY, AB - Tenaz Energy Corp. ("Tenaz", "we", "our", "us" or the "Company") (TNZ: TSX) is pleased to announce it has reached an agreement to acquire all of the issued and to be issued share capital of SDX Energy PLC ("SDX") in an all-share transaction (the "Transaction"). In the Transaction, SDX shareholders will receive 0.075 common shares of Tenaz ("Tenaz Shares") for each SDX share ("SDX Share") held, valuing SDX at $34.3mm based on the May 24, 2022 closing price of Tenaz Shares, [Read more]

Enbridge announces conversion results for Series B and Series C preferred shares

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that, after taking into account all election notices received prior to 5:00 p.m. (EST) on May 17, 2022, 107,904 of its 18,269,812 Cumulative Redeemable Preference Shares, Series B (Series B Shares) were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Preference Shares, Series C of Enbridge (Series C Shares) and 1,188,789 of its 1,730,188 Series C Shares were tendered for [Read more]

Whitecap Resources Inc. announces results of shareholders’ meeting

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that all matters presented for approval at the annual and special meeting of shareholders held today have been fully authorized and approved. A total of 235,006,578 common shares representing 37.52% of Whitecap's issued and outstanding common shares were voted in connection with the meeting. At the meeting, by ordinary resolution, the number of directors to be elected at the meeting was fixed at ten. The [Read more]

Bonterra Energy Corp. announces approval of all resolutions at annual meeting of shareholders and Voting Results

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announced that at its annual meeting of shareholders held on May 18, 2022, a total of 18,125,596 shares, representing 50.69% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 13, 2022, including the election of each of the six nominees proposed as directors. The detailed results of [Read more]

Perpetual Energy In.c announces election of directors

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 22, 2022 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a director of [Read more]