BOE Report

Topaz Energy Corp. acquires oil-focused fee mineral title acreage through the acquisition of Keystone Royalty Corp.

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into a definitive agreement with Keystone Royalty Corp. ("Keystone Royalty") for the purchase of its outstanding common shares, for $85.0 million, payable through the issuance of 4,187,193 Topaz shares (the "Keystone Royalty Acquisition"). The Keystone Royalty Acquisition is expected to close during the second quarter of 2022, subject to the satisfaction of customary closing [Read more]

Rubellite Energy Inc. announces closing of equity financings

CALGARY, AB, March 29, 2022 /CNW/ - (TSX: RBY) Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to announce it has closed its previously announced upsized bought deal and non-brokered private placement financings of common shares (the "Common Shares") for aggregate gross proceeds of $38,744,061. Pursuant to the bought deal offering (the "Offering"), Rubellite issued 7,130,000 Common Shares, including 930,000 [Read more]

Calgary: A world leading energy city

CALGARY, AB - It may be showing off, but it's well deserved. In a video released today, Modern Miracle Network (MMN) commemorates the beauty and accomplishments of the great city it's proud to call home – Calgary. The video, which tells the energy story of our city, will be hosted at the Calgary Tower on the observation deck. Here, thanks to MMN's partnership with the Calgary Tower, visitors will learn about the city – our history, our energy story, and our vision for the [Read more]

Clearview Resources Ltd. reports Dec. 31, 2021 corporate reserves information

CALGARY, AB - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its 2021 year end reserves information. HIGHLIGHTS Increased Proved Developed Producing ("PDP") reserves by 16% to 5.8 million barrels of oil equivalent ("MMboe"), while Total Proved ("TP") and Total Proved Plus Probable ("P+P") reserves increased by 20% to 12.6 MMboe and 12% to 21.7 MMboe, respectively; Increased net present values (discounted at 10%, before tax) in the PDP, TP, and P+P [Read more]

Keyera provides strategy and business update ahead of its Investor Day

CALGARY, AB - Today, Keyera Corp. (TSX: KEY) ("Keyera") will host its 2022 Investor Day which will be presented by members of Keyera's senior management team. The event will be webcast at www.keyera.com beginning at 8am MDT (10am EDT, 4pm GMT). "We are excited to show how Keyera is positioned to generate strong returns for decades to come and how we'll remain competitive as the world transitions to the energy sources of the future" said President and CEO, Dean Setoguchi, "Our focus will [Read more]

Keyera Corp. announces closing of $400 million public note offering

CALGARY, AB - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has closed its previously announced offering of $400 million of senior unsecured medium-term notes (the "Offering").  The Offering was conducted in a single tranche having a fixed coupon of 5.022% per annum, maturing on March 28, 2032 (the "Notes"). The Offering was announced on March 24, 2022.  The Notes were offered through a syndicate of dealers co-led by RBC Capital Markets and CIBC Capital Markets under Keyera's [Read more]

2022 Scotiabank CAPP Energy Symposium

CALGARY - The 2022 Scotiabank CAPP Energy Symposium will take place on April 5-6 in a virtual format. This year's keynote speakers, fireside chats and panels will be hosted again as a video webcast on the Zoom platform. Canada's premier energy investment conference connects the upstream oil and natural gas industry with the investment community. Presentations, discussions and keynote speakers will address how the upstream sector is managing through the current unprecedented market [Read more]

Entropy Inc. announces $300 million investment agreement with Brookfield Renewable

CALGARY, AB - Entropy Inc. ("Entropy" or the "Corporation"), a subsidiary of Advantage Energy Ltd. ("Advantage"), is pleased to announce a strategic $300 million investment agreement with Brookfield Renewable to scale up deployment of Entropy's carbon capture and storage ("CCS") technology globally. Highlights of the Strategic Investment Agreement The investment provides Entropy with a combination of strategic advantages: Capital commitment of $300 million to fund Entropy's [Read more]

Perpetual Energy Receives Court Of Appeal Judgment Relating To The Sequoia BIA Claim

ALGARY, AB, March 25, 2022 /CNW/ - (TSX: PMT) - Perpetual Energy Inc. ("Perpetual" or the "Company") today received the Alberta Court of Appeal (the "Court of Appeal") judgment with respect to the appeal heard on February 10, 2022 relating to the sale by Perpetual of legacy shallow gas properties in October 2016 to an arm's length third party purchaser after an extensive and lengthy marketing, due diligence and negotiation process (the "Sequoia Disposition"). As previously disclosed, on [Read more]

Tenaz Energy Corp. announces 2021 year-end results and reserves

CALGARY, AB - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSXV: TNZ) is pleased to announce its financial and operating results for the three months and year ended December 31, 2021 and to provide a 2021 year-end reserves summary of its independent reserve report (the "McDaniel Report") prepared by McDaniel and Associates Consultants Ltd. ("McDaniel") with an effective date of December 31, 2021. The related audited consolidated financial statements, as well as [Read more]