BOE Report

MEG Energy reports director election voting results

CALGARY, AB  - MEG Energy Corp. ("MEG") (TSX: MEG) is pleased to announce that at its annual meeting of shareholders held on May 3, 2022 (the "Meeting"), each of the nine (9) nominees listed in its Management Information Circular dated March 18, 2022, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. Nominee Votes For Votes Withheld # % # % Grant D. [Read more]

Enbridge announces redemption of cumulative redeemable preference shares, series J

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it has exercised its right to redeem all of its outstanding Cumulative Redeemable Preference Shares, Series J ("Series J Shares") (TSX: ENB.PR.U) on June 1, 2022 at a price of US$25.00 per Series J Share, together with all accrued and unpaid dividends, if any. Beneficial holders who are not directly the registered holders of the Series J Shares should contact the financial institution, broker [Read more]

ATCO Group to construct two hydrogen production & fuelling stations in Alberta for Canadian Pacific’s hydrogen locomotive program

CALGARY, AB - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) / Canadian Utilities Limited (TSX: CU) (TSX: CU.X) ATCO Group, through its investment in Canadian Utilities Limited, today announced an agreement to provide Canadian Pacific (NYSE: CP) (TSX: CP) with engineering, procurement and construction services for two hydrogen production and refuelling facilities in Alberta. ATCO is actively developing several hydrogen projects in Canada and Australia, including production, blending and refuelling [Read more]

Enbridge declares quarterly dividends

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.860 per common share, payable on June 1, 2022 to shareholders of record on May 13, 2022. The amount of the dividend is consistent with the March 1, 2022 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on June 1, 2022 to shareholders of record on May 13, [Read more]

Topaz first quarter 2022 financial results deliver 91% free cash flow margin and four times higher total liquids production

CALGARY,  AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide first quarter financial results and increased 2022 guidance estimates.  Select financial information is outlined below and should be read in conjunction with Topaz's interim condensed consolidated financial statements and related management's discussion and analysis as at and for the three months ended March 31, 2022 and 2021 ("Interim Consolidated Financial Statements"), which are available on SEDAR at [Read more]

Source Rock Royalties announces record quarterly & annual royalty revenue, adjusted EBITDA and funds from operations

CALGARY, AB - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: 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 results for the three month period and year ended December 31, 2021. Fourth Quarter Highlights: Record quarterly royalty revenue of $1,247,171, an increase of 169% over Q4 2020. Record quarterly Adjusted EBITDA1 of $1,103,542 ($0.037 per share), an [Read more]

Highwood Asset Management Ltd. announces 2021 fourth quarter and year-end financial and operating results, 2021 year-end reserves along with lithium-brine and 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 and twelve months ended December 31, 2021 and to provide the results of its independent oil and gas reserves evaluation as of December 31, 2021, prepared by GLJ Petroleum Consultants Ltd. ("GLJ").  The Company also announces that its audited financial statements and associated Management's Discussion and Analysis ("MD&A") for the [Read more]

Smartpipe Technologies receives US$6.6 million investment from Enbridge to develop innovative pipeline technology

HOUSTON - Smartpipe Technologies announced today that Enbridge Inc. has invested US$6.6 million in Smartpipe's innovative pipeline technology, designed to improve the safety and versatility of existing pipeline infrastructure. With Smartpipe's patented technology, a high-strength, composite internal pipeline liner is pulled through an existing pipeline to increase its structural integrity and allow for improved monitoring through the use of an embedded fiber optics line that allows for [Read more]

Enbridge provides notice of Series B and C preferred shares conversion right and announces reset dividend rates

CALGARY, AB -Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series B (Series B Shares) (TSX:  ENB.PR.B) or its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series C (Series C Shares) (TSX: ENB.PR.C) on June 1, 2022. As a result, subject to certain conditions, the holders of the Series B Shares have the [Read more]

MEG Energy announces record first quarter operational and financial results and updated capital allocation strategy

CALGARY, AB - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its first quarter 2022 operational and financial results. "The first quarter was a record quarter for MEG from both an operational and financial perspective" said Derek Evans, President and Chief Executive Officer. "The team achieved record quarterly production, which together with strong benchmark pricing and low differentials drove record free cash flow in the quarter, setting us up to be able to accelerate [Read more]