BOE Report

Crescent Point announces Q3 2021 results

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2021. KEY HIGHLIGHTS  Generated over $180 million of excess cash flow, or over $580 million year-to-date, further enhancing balance sheet strength. Successfully commenced Kaybob Duvernay drilling program, with completions expected in fourth quarter 2021. Entered into farm-in agreement [Read more]

AltaGas announces strong third quarter results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today reported third quarter 2021 financial results and provided an update on the Company's operations. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Normalized FFO per share1 of $0.61 in the third quarter of 2021 compared to $0.40 in the third quarter of 2020, representing 53% year-over-year growth and continues to provide the foundation for increased returns of [Read more]

Tamarack Valley Energy Ltd. Announces Third Quarter Financial Results, Dividend Policy & Return of Capital Framework and Operational & Guidance Updates

CALGARY, AB, Oct. 27, 2021 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2021 and related management's discussion and analysis [Read more]

Vermilion Energy Inc. announces third quarter 2021 release date and conference call and webcast details

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) will release its 2021 third quarter operating and condensed financial results on Tuesday, November 9, 2021 after the close of North American markets. The unaudited financial statements and management discussion and analysis for the three and nine months ended September 30, 2021 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on [Read more]

Topaz Energy Corp. closes previously announced Weyburn Royalty acquisition and equity financing including exercise in full of over-allotment option

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce it has completed its previously announced bought-deal equity financing (the "Equity Financing") of common shares ("Common Shares") and acquisition of a newly-created 5% gross overriding royalty interest on Whitecap Resources Inc.'s working interest in the Weyburn Unit for $188.0 million in cash (the "Weyburn Royalty Acquisition"). Pursuant to the Equity Financing, Topaz issued 10,120,000 Common [Read more]

Establishment of B.C. Centre for Innovation and Clean Energy

Executive team and board of directors announced VANCOUVER, BC - The British Columbia Centre for Innovation and Clean Energy (CICE), is now operational with the appointment of an executive team and board of directors. The CICE was founded by the Government of British Columbia, Government of Canada and Shell Canada and will bring together innovators, industry, governments and academics to accelerate the commercialization and scale-up of B.C.-based clean energy technologies. It is also [Read more]

Crescent Point announces Q3 2021 conference call

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its third quarter 2021 financial and operating results via press release prior to the opening of markets on Thursday, October 28, 2021. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call [Read more]

Whitecap Resources Inc. partners with Federated Co-operatives limited to reduce CO2 emissions in Saskatchewan

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has signed a memorandum of understanding ("MOU") with Federated Co-operatives Limited ("FCL") to use Whitecap's expertise in carbon capture utilization and storage ("CCUS") to assist FCL in achieving their emissions targets in Saskatchewan. The MOU contemplates the capture of CO2 by FCL from the Co-op Refinery Complex in Regina and the Co-op Ethanol Complex near Belle Plaine, [Read more]

Oil Sands Pathways alliance outlines three-phase plan to achieve goal of net zero emissions

CALGARY, AB - The Oil Sands Pathways to Net Zero initiative, an alliance between Canada's five largest oil sands producers, has announced additional details of its plan to achieve the goal of net-zero greenhouse gas (GHG) emissions from oil sands operations. "As a significant source of Canada's GHG emissions, we know we must also be part of the solution," says Pathways Director Al Reid. "That's why we're working together on innovative approaches to achieve our shared vision of net zero [Read more]

Bonterra Energy Corp. announces increase to previously announced brokered private placement debt financing

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce an increase to its previously announced $5 million follow on brokered private placement debt financing (the "Follow On Offering") to an aggregate of $7.5 million of units (the "Units"). Each Unit will be comprised of one senior unsecured debenture with a face value of $1,000 (each a "Debenture") which will bear interest at 9.0% per annum and have a four-year term plus 56 [Read more]