BOE Report

Paramount Resources Ltd. announces February divided

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on February 28, 2022 to shareholders of record on February 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. [Read more]

Canada Energy Partners Inc. announces completion of private placement

VANCOUVER, BC - Canada Energy Partners Inc. (NEX: CE.H) (the "Corporation") today announced that it has completed the previously announced non-brokered private placement of units ("Units") for gross aggregate proceeds of $404,200. Each Unit consists of a common share at an issuance price of $0.08 and a non-transferrable share purchase warrant ("Warrant") entitling the holder to purchase an additional common share at a purchase price of $0.12 for a period of 12 months. In connection with the [Read more]

Tamarack Valley Energy Ltd. announces year end 2021 reserves and fourth quarter highlights

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce certain unaudited financial and operating results for the three months and year ended December 31, 2021 and the results of Tamarack's year end independent oil and gas reserves evaluation as of December 31, 2021 (the "GLJ Report"), prepared by Tamarack's independent qualified reserves evaluator, GLJ Ltd. ("GLJ"). Selected reserves information is outlined below. The Company anticipates announcing its [Read more]

Enbridge and Lehigh Cement agree to advance a CO2 storage solution in Alberta

CALGARY, AB - Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) and Lehigh Cement, a division of Lehigh Hanson Materials Limited (Lehigh), are pleased to announce a memorandum of understanding to collaborate on a carbon solution for Lehigh's cement manufacturing facility in Edmonton, Alberta. Lehigh is developing North America's first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry at its Edmonton plant, with the goal of capturing approximately 780,000 [Read more]

Gibson Energy confirms 2021 fourth quarter and year-end earnings release date and provides conference call & webcast details

CALGARY, AB - Gibson Energy Inc. announced today that it expects to release its 2021 fourth quarter and year-end financial and operating results on Tuesday, February 22, 2022 after the close of North American markets.  The 2021 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A [Read more]

CAPP projects investment in Canada’s natural gas and oil sector will rise to $32.8 billion in 2022

CALGARY, AB - The Canadian Association of Petroleum Producers (CAPP) is forecasting a 22 per cent increase in natural gas and oil investment in 2022. Capital spending in the sector is expected to grow by $6.0 billion to reach $32.8 billion, compared to an estimated total investment of $26.9 billion in 2021. (All figures in Canadian dollars.) The expected growth in spending for 2022 would mark the second straight year of significant increases in investment as Canadian producers look to [Read more]

Enbridge announces executive leadership changes

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced the following executive leadership changes. Bill Yardley, Executive Vice President and President, Gas Transmission and Midstream, has decided to retire on May 31, 2022. Al Monaco, President and CEO, said "Bill has led a top-notch gas transmission business, significantly expanded our franchises, and executed our LNG gas pipeline export strategy. Equally important, he's advanced our mission to bring [Read more]

$0.40 per share return of capital for Pan Orient Energy Corp.

CALGARY, AB - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSXV: POE) is pleased to announce that it received shareholder approval today for its previously announced capital reorganization. Over 99% of the votes cast were in favor of the required special resolution. Shareholder approval allowed Pan Orient's directors to set the effective date for the reorganization and the record and payment dates for the resulting $0.40 per common share return of capital to shareholders. The [Read more]

Enerplus to report fourth quarter and full-year 2021 results & reserves February 24

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the fourth quarter and full-year 2021 after market close on Thursday, February 24, 2022. A results conference call will be hosted by Enerplus' President & CEO, Ian C. Dundas on February 25, 2022, at 9:00 AM MT (11:00 AM ET) to discuss these results. Details of the conference call are noted below. Fourth Quarter & Full-Year 2021 Results Live [Read more]

Tourmaline increases quarterly dividend by 11%, declares a $1.25/share special dividend and provides operational update

CALGARY, AB, Jan. 17, 2022 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce a quarterly dividend increase and special cash dividend and provide an operational update. QUARTERLY DIVIDEND INCREASE AND SPECIAL DIVIDEND Tourmaline is pleased to announce both a quarterly base dividend increase of 11% and the declaration of a special cash dividend of $1.25/share, given the continued strong financial performance and outlook for the Company.  The [Read more]