BOE Report

An overwhelming majority of Quebecers, and Canadians, want to supply Europe with energy

MONTREAL - The Russian invasion of Ukraine has upset the international political chessboard, with the ramifications of this war reaching as far as Canada. Indeed, according to an Ipsos poll commissioned by the Montreal Economic Institute, a strong majority of Canadians (72%) want us to export our vast energy resources to European countries, like Germany, that depend in large part on Russia for their supply, while only 17% are opposed to this. In Quebec, support remains very high, at 65%. [Read more]

Independent proxy advisory firms, ISS and Glass Lewis, recommend Vermilion shareholders vote FOR All Proposed Items at the upcoming annual general meeting of shareholders

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have each recommended Vermilion shareholders ("Vermilion Shareholders") vote "FOR" all the proposed resolutions at the upcoming Annual General Meeting of Shareholders (the "Meeting") to be held on May 11, 2022 at 3:00 pm MT. The [Read more]

MEG Energy announces first quarter of 2022 results and conference call

CALGARY, AB, April 25, 2022 /CNW/ - First Quarter Results Release : Monday, May 2, 2022 after market close Conference Call Details: Tuesday, May 3, 2022 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on May 3, 2022 at:  [Read more]

Tamarack Valley Energy Ltd. announces further strategic Clearwater consolidation and return of capital update, including a 20% monthly dividend increase

CALGARY, AB, April 21, 2022 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce it has entered into a definitive agreement (the "Agreement") to acquire Rolling Hills Energy Ltd. ("Rolling Hills"), a privately held pure play Clearwater oil producer, for total consideration of $93.0 million (the "Corporate Acquisition"). Tamarack has also entered into additional agreements to further consolidate its Clearwater position through the addition of undeveloped lands [Read more]

Vermilion Energy Inc. announces the pricing of its unsecured notes offering

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET), (NYSE: VET) today announced the pricing of its previously announced private offering of up to US$400 million of 8 year senior unsecured notes (the "New Notes"). The New Notes will be issued in the aggregate principal amount of US$400 million, and will have a maturity date of May 1, 2030 and a fixed coupon of 6.875% per annum, to be paid semi-annually. The notes were priced at 99.241% of par. The [Read more]

Vermilion Energy Inc. announces Q1 2022 financial and operational update

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to provide a financial and operational update for Q1 2022. Q1 2022 Highlights Production of approximately 86,200 boe/d exceeded the upper end of our initial 2022 guidance of 83,000 – 85,000 boe/d Strong commodity prices during the quarter, including premium European gas, resulted in an estimated operating netback(1) of $59.72/boe, including the impact from [Read more]

Spartan Delta Corp. announces annual general meeting & special meeting voting results

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce the voting results from its annual general and special meeting of shareholders held on April 14, 2022 (the "Meeting"). A total of 64,248,931 common shares, representing approximately 41.92% of Spartan's issued and outstanding shares, were representing at the Meeting. The following nominees were elected as directors of Spartan for the ensuing year, with the specific voting results being as [Read more]

Tamarack Valley Energy announces declaration of monthly dividend

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 May 13, 2022, to shareholders of record at the close of business on April 29, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Tamarack [Read more]

Enerplus posts Bakken update presentation for webcast and conference call today

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) posted a presentation to its website associated with its Bakken Update conference call and webcast, planned for today at 9:00 – 10:30 AM MT. To participate in the live webcast, please go to www.enerplus.com and click on "Analyst & Investor Update on the Bakken" or use the following link: Analyst & Investor Update on the Bakken. For those who wish to dial-in via conference call, the details are as [Read more]

Canada and Nova Scotia announce intent to expand the mandate of offshore energy regime to support the transition to a clean economy and create sustainable jobs

HALIFAX, NS - Canada's approach to creating sustainable jobs includes identifying and pursuing opportunities for regional economic transformation that will lead to sustained economic growth compatible with a net-zero economy. The Government of Canada is working with partners across the country to build a clean economy, advance economic reconciliation, support the energy sector, and ensure a just transition that creates sustainable, middle-class jobs for people and communities in every province [Read more]