BOE Report

Saturn Oil & Gas Inc. announces strategic acquisition, debt consolidation and bought public offering

CALGARY, AB - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to announce that the Company has: (i) entered into an arms-length agreement to acquire certain synergistic oil & gas assets in West-central Saskatchewan (the "Strategic Acquisition") for total consideration of approximately $8.3 million (the "Transaction Value" or "TV"), (ii) given notice to repay its second-lien senior secured term notes (the "Term Notes") in the amount of approximately [Read more]

AltaGas announces intention to redeem all outstanding Series K preferred shares

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its intention to redeem – in accordance with the terms of the Cumulative Redeemable 5-Year Minimum Rate Reset Preferred Shares, Series K (the "Series K Shares") as set out in the Company's articles – all of its 12,000,000 issued and outstanding Series K Shares on March 31, 2022 (the "Redemption Date") for a redemption price equal to $25.00 per Series K Share, together with all accrued and unpaid dividends to, but [Read more]

Spartan Delta Corp. announces year-end 2021 reserves, provides operational and corporate update and updates 2022 guidance

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce certain unaudited financial and operating highlights for the fourth quarter and year-end 2021, updated guidance for 2022, and select highlights of Spartan's independent oil and gas reserves evaluation prepared by McDaniel & Associates Consultants Ltd. as of December 31, 2021 (the "McDaniel Report"). Fotis Kalantzis, President and Chief Executive Officer of Spartan, commented, "We are pleased [Read more]

Keyera Corp. Announces 2021 Year End Results

CALGARY, AB, Feb. 16, 2022 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced its 2021 year-end financial results today, the highlights of which are included in this news release. To view the MD&A and financial statements, visit either Keyera's website or Keyera's filings on SEDAR at www.sedar.com. Fourth Quarter and Year-end Financial Highlights Keyera delivered fourth quarter adjusted earnings before interest, taxes, depreciation, and amortization ("adjusted EBITDA" 1) of $294 [Read more]

Tamarack Valley Energy Ltd. announces closing of previously announced Crestwynd Exploration Ltd. acquisition

CALGARY, AB, Feb. 15, 2022 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has successfully closed the previously announced acquisition (the "Acquisition") of Crestwynd Exploration Ltd. ("Crestwynd"), a privately held pure play Clearwater oil producer. Tamarack acquired all of the issued and outstanding common shares of Crestwynd for total net consideration of 26.3 million common shares of Tamarack and $92 million in cash. Cash [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 March 15, 2022, to shareholders of record at the close of business on February 28, 2022. This monthly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. [Read more]

MEG Energy announces 2021 annual results and conference call

  2021 Annual Results Release: Thursday, March 3, 2022 after market close Conference Call Details: Friday, March 4, 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 March 4, 2022 at:  [Read more]

Enbridge reports strong 2021 financial results and advances strategic priorities

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported strong full year 2021 financial results, reaffirmed its 2022 financial outlook, and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to "Non-GAAP Reconciliations Appendices" section of this news release.) Full year GAAP earnings of $5.8 billion or $2.87 [Read more]

Bonterra Energy Corp. announces 2021 reserves and provides operational update

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce the summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, 2021, while also providing an operational update on key fourth quarter highlights and recent activities. The Company has not released its audited 2021 financial results, and therefore the financial figures [Read more]

Tamarack Valley Energy announces closing of first sustainability-linked note issuance in the North American oil & gas producer space

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces that it has successfully closed the previously announced private placement offering (the "Offering") of $200 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the "Notes"). The Company intends to use the net proceeds of the Offering to fund a portion of the purchase price for Tamarack's previously announced acquisition of Crestwynd Exploration Ltd. [Read more]