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$0.0083 per share in accordance with the Company's dividend policy. The dividend will be payable on June 15, 2022, to shareholders of record at the close of business on May 31, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Tamarack [Read more]
Inter Pipeline announces issuance of senior unsecured notes
CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") announced today that it has agreed to issue $550 million of senior unsecured notes (the "Notes"). The Notes will have a fixed interest rate of 5.849% per annum, payable semi annually, and will mature on May 18, 2032. The Notes will be senior unsecured debt of Inter Pipeline and will rank equally in right of payment with all other existing and future senior unsecured debt of Inter Pipeline. The Notes are being offered in Canada on a [Read more]
Headwater Exploration Inc. announces first quarter financial results, operations update and increased 2022 guidance
CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX:HWX) is pleased to announce increased guidance and its operating and financial results for the three months ended March 31, 2022. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim condensed financial statements and the related management's discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's [Read more]
Headwater Exploration Inc. announces results of directors vote
CALGARY, AB - Headwater Exploration Inc. ("Headwater") (TSX: HWX) is pleased to announce that the nominees listed in the Corporation's management information circular dated April 1, 2022 were elected as directors of Headwater at Headwater's annual and special meeting of shareholders (the "Meeting") held today, May 12, 2022. The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by ballot, each of the following [Read more]
Crescent Point announces Q1 2022 results and increases quarterly dividend
CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2022 and an increase to its quarterly dividend. KEY HIGHLIGHTS Increasing quarterly dividend by over 40 percent to $0.065 per share, representing an annualized dividend of $0.26 per share. Repurchased approximately 13.5 million shares since December 2021 for total consideration of approximately [Read more]
Rubellite Energy Inc. reports first 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 first 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]
Kiwetinohk reports first quarter results, increases guidance and achieves key Green Energy regulatory milestones
CALGARY, AB - Kiwetinohk Energy Corp. (TSX: KEC) today announced its first quarter 2022 results, including record quarterly adjusted funds flow from operations 1 of $37.0 million and average quarterly production of 13,253 boe/d, ahead of previously communicated guidance and above the Company's Q1 2022 budget and plan. Given strong Fox Creek production during the first quarter, Kiwetinohk has increased its 2022 annual production guidance by 500 boe/d to 13,500-15,500 boe/d. Kiwetinohk also [Read more]
Pan Orient Energy Corp. – 2022 first quarter financial & operating results
CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSXV: POE) reports 2022 first quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated, BOPD refers to barrels of oil per day and BOPD for Thailand operations represents volumes net to Pan Orient's 50.01% equity interest in the Thailand Joint Venture. The Company is today filing its unaudited consolidated financial statements as at and for the [Read more]
Tidewater Midstream and Infrastructure Ltd. announces first quarter 2022 results and operational update
CALGARY, AB - 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 months ended March 31, 2022. FIRST-QUARTER 2022 HIGHLIGHTS Tidewater Midstream delivered its twelfth consecutive quarter of consolidated Adjusted EBITDA growth generating $57.4 million in the first quarter of 2022, representing an approximate [Read more]
Tidewater Renewables Ltd. announces first 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 months ended March 31, 2022. FIRST-QUARTER 2022 HIGHLIGHTS Tidewater Renewables generated strong Adjusted EBITDA(1) of $12.7 million and net income of $17.5 million during the first quarter of 2022. Net cash provided by operating [Read more]
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