BOE Report

Natural Law announces plan to seek compensation over Keystone expansion cancellation

Traditional Treaty Territory of 6, 7 & 4 - Natural Law, a sovereign organization which represents many sovereign members and Nations, intends to pursue a claim in challenging U.S. President Joe Biden's cancellation of the Keystone XL pipeline under the United States–Mexico–Canada Agreement (USMCA) or through their Treaty and other rights as original sovereign people. In September of 2020, after three seasons of hard work and traditional Governance with ceremonial engagement, Natural Law [Read more]

ROK Resources Announces Upsize To Bought Deal Public Offering To $15 Million

REGINA, SK, Feb. 4, 2022 /CNW/ - ROK Resources Inc. ("ROK" or the "Company") (TSXV: ROK) is pleased to announce that it has amended the terms of its previously announced offering of Subscription Receipts (as defined below), subject to TSX Venture Exchange (the "Exchange") approval and any conditions related thereto. Under the amended terms of the Offering (as defined below), a syndicate of underwriters led by Echelon Capital Markets (the "Underwriters") have agreed to purchase 83,334,000 [Read more]

AltaGas to issue fourth quarter and full year 2021 results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its 2021 fourth quarter and year-end financial results on Friday, March 4, 2022 before markets open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Time:                 9:00 a.m. MT (11:00 a.m. ET) Dial-in:              1-416-764-8659 or toll free at 1-888-664-6392 Webcast:           [Read more]

ROK Resources Inc. announces transformational $72 million acquisition of sustainable, producing, oil-weighted assets, including a strategic Interest in the world-class Weyburn CCUS EOR project, and $75 million in financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV: ROK) is pleased to announce that it has entered into an arms-length definitive agreement to acquire certain oil & gas assets (the "Assets"), primarily in Saskatchewan and Alberta, from Federated Co-operatives Limited and its wholly-owned subsidiary 2214896 Alberta Ltd. (collectively, "FCL"), for total consideration of approximately $72 million ("Transaction Value" or "TV"), before closing adjustments (the "Acquisition"). The [Read more]

Tamarack Valley Energy announces issuance and pricing of $200 million senior unsecured sustainability-linked notes

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces that it has entered into an underwriting agreement to sell, on a private placement basis, $200 million aggregate principal amount of 7.25% senior unsecured sustainability-linked notes due May 10, 2027 (the "Notes"). The Notes will be issued at par under a trust indenture and will be general unsecured obligations of Tamarack ranking pari passu with all of the Company's existing and future senior unsecured [Read more]

First Nation capital investment partnership teams up with Enbridge to advance CO2 storage solutions

EDMONTON, ALBERTA - Enbridge Inc. (TSX: ENB) (NYSE: ENB) and the First Nation Capital Investment Partnership (FNCIP) have reached an agreement to advance the proposed Open Access Wabamun Carbon Hub (the Hub) west of Edmonton. The Hub is being developed as an innovative combination of carbon transportation and storage solutions to support recently announced carbon capture projects from Capital Power Corporation (Capital Power), Lehigh Hanson Materials Limited (Lehigh Cement), and potentially [Read more]

Enerplus provides fourth quarter 2021 operational update; initiates divestment process for Canadian assets; announces a change in its reporting currency and the presentation of production volumes

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced preliminary fourth quarter and full year 2021 production and capital spending, along with plans to initiate a divestment process for its Canadian assets. In addition, the Company announced its intention to change its reporting currency to U.S. dollars and the future presentation of its production volumes to a "net", after deduction of royalty basis. FOURTH QUARTER 2021 OPERATIONS [Read more]

Yangarra announces financial and operations update & year end corporate reserves information

CALGARY, AB - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces financial and operations update and the results of its 2021 year-end oil and gas reserves evaluation. Financial Update (all numbers are unaudited and approximate) Fourth quarter production averaged 10,060 boe/d (44% liquids) generating funds flow from operations of $32 million ($0.38 per share).  Capital spending for the fourth quarter of $27 million was higher than previously forecast primarily due [Read more]

Inter Pipeline reports 2021 preliminary unaudited year-end results

CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") today announced its preliminary unaudited results for the three and twelve-month periods ended December 31, 2021. During 2021, Inter Pipeline's business achieved robust financial and operating results, reflecting the diligence and commitment of the commercial and operating teams, supported by a favourable commodity pricing environment. The results of 2021 have successfully positioned Inter Pipeline to continue optimizing the business and [Read more]

PetroShale announces closing of upsized equity financing

CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce that, further to the Company's news release dated January 13, 2022, PetroShale has closed the Company's oversubscribed non–brokered and brokered private placements raising gross proceeds of $54.5 million (together, the "Private Placements"). Pursuant to the non-brokered private placement, PetroShale issued 23,750,000 units (the "Units") at a price of $0.40 per Unit for total [Read more]