BOE Report

Paramount Resources Ltd. announces January dividend

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 January 31, 2022 to shareholders of record on January 17, 2022.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. [Read more]

AltaGas announces consideration of hybrid subordinated debt securities offering

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced that it is considering an offering of hybrid subordinated debt securities under its short form base shelf prospectus dated February 22, 2021. If a successful offering is priced and completed, the Company intends to use the net proceeds of the offering to redeem or repurchase its outstanding cumulative redeemable five-year rate reset preferred shares, series K (TSX: ALA.PR.K). There is no certainty that AltaGas [Read more]

Entropy Inc. announces exclusive financing agreement with leading energy transition investor and provides corporate update

CALGARY, AB - Entropy Inc. ("Entropy" or the "Corporation", a subsidiary of Advantage Energy Ltd. or "Advantage") (TSX: AAV) is pleased to announce it has entered a non-binding strategic financing agreement with a leading energy transition investor, and to provide a year-end corporate development update. Highlights of the Strategic Financing Agreement Entropy and a leading energy transition investor have agreed to the terms of an exclusive, non-binding financing agreement expected to [Read more]

Headwater Exploration Inc. announces exercise of warrants held by Cenovus Energy Inc.

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces that it has issued a call notice to Cenovus Marten Hills Partnership ("CMHP"), a wholly-owned subsidiary of Cenovus Energy Inc. ("Cenovus"), requiring CMHP to exercise the 15,000,000 warrants (the "Warrants") to purchase common shares ("Common Shares") of the Company that CMHP holds. Each Warrant entitles CMHP to purchase one Common Share at an exercise price of $2.00. Headwater and CMHP have agreed that [Read more]

Surge Energy Inc. announces inaugural sustainability report

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has published its inaugural Sustainability Report. INAUGURAL SUSTAINABILITY REPORT Surge is pleased to present its inaugural Sustainability Report, outlining the Company's progress on environmental, social and governance ("ESG") practices and their impact on Surge's business and operating strategy. This Sustainability Report reaffirms the Company's commitment to be a leader in reducing [Read more]

Tenaz Energy Corp. announces closing of rights offering and effective date of share consolidation

CALGARY, AB - Tenaz Energy Corp. ("Tenaz" or the "Company") (TSXV: TNZ) is pleased to announce the closing of its previously announced (see the Company's news release dated November 8, 2021) rights offering (the "Rights Offering") of rights of the Company (the "Rights"), which expired at 4:00 p.m. (Calgary time) on December 13, 2021. Tenaz is also pleased to announce that it will now proceed with its previously announced Share Consolidation (as defined below). Rights Offering Under the [Read more]

Bonterra Energy Corp. announces fully-funded 2022 annual guidance

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announced today that the Company's Board of Directors has approved initial 2022 capital guidance ranging from $55 to $65 million, which incorporates measured capital allocation with the optionality to adjust spending dependent on the strength of the commodity markets as recovery from the COVID-19 pandemic continues. Fully Funded 2022 Capital Guidance Building off a successful development [Read more]

Whitecap Resources Inc. confirms monthly divided for December of $0.0225 per share

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0225 per common share in respect of December operations will be paid on January 17, 2022 to shareholders of record on December 31, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Our business is focused on profitable [Read more]

ARC Resources Ltd. Confirms Quarterly Dividend of $0.10 per Share for January 17, 2022

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.10 per share for January 17, 2022 to shareholders of record on December 31, 2021, representing a 52 per cent increase from ARC's previous quarterly dividend of $0.066 per share. The ex-dividend date is December 30, 2021. At December 15, 2021, the trailing 12-month payments to shareholders total $0.246 per share.   About ARC ARC Resources Ltd. is the largest pure-play Montney [Read more]

Tamarack Valley Energy Ltd. announces strategic Clearwater consolidation through the acquisition of Crestwynd Exploration Ltd. and transition to sustainability linked lending

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire Crestwynd Exploration Ltd. ("Crestwynd"), a privately held pure play Clearwater oil producer, for total consideration of $184.7 million (the "Acquisition"). The consideration consists of: (i) $92.6 million in cash, subject to adjustment; and (ii) the issuance of 26,298,396 common shares of Tamarack ("Tamarack Shares") at a [Read more]