Quebec - The announcement by the Quebec government that it plans to ban the exploration and production of hydrocarbons on its territory represents an historic error that will cost Quebecers dearly. "This decision is all the more ironic in that the Premier is offering Quebecers an economic nationalism that encourages the production and purchase in Quebec of the goods we consume. I agree with Premier Legault on this subject: producing in Quebec is a win for Quebec. This is also true for oil [Read more]
Bonterra Energy Corp. announces brokered private placement debt financing, restructuring of credit facilities to fully conforming state and subordinated debt conversion
CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce that it has successfully closed a brokered private placement debt financing (the "Initial Offering"), enhancing financial flexibility and achieving its goal of restructuring all bank debt to a fully conforming revolving credit facility. The Initial Offering consists of an aggregate of 32,000 units (the "Units") of the Company, with each Unit being comprised of one [Read more]
TerraVest announces first renewable natural gas project
TORONTO - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") has been awarded its first manufacturing contract to supply a biogas upgrading system for a project located in Western Canada. The biogas upgrading system will have the capacity to process up to 1,200 Nm3/h of raw biogas and will remove impurities such as hydrogen sulfide and carbon dioxide to produce renewable natural gas (RNG) compliant with Canadian RNG specifications for pipeline injection. Dustin Haw, Chief Executive Officer [Read more]
Pembina Pipeline Corporation announces GHG reduction target and releases annual sustainability data update
CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) is pleased to announce its commitment to reduce the Company's greenhouse gas ("GHG") emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions. The GHG reduction target will help guide business decisions and improve overall emissions intensity performance while increasing Pembina's long-term value and ensuring Canadian energy is developed and delivered responsibly. "Pembina [Read more]
Vermilion Energy Inc. announces the appointment of a new board member
CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce the appointment of Mr. James J. Kleckner Jr. to our Board of Directors. Mr. Kleckner has more than 35 years of experience in various executive and senior leadership roles. He was most recently Chief Executive Officer of Jagged Peak Energy with a focus on production and development in the Permian Basin, achieving production of approximately 50,000 boe/d prior to [Read more]
Spartan Delta Corp. virtually opens the market
TORONTO - Fotis Kalantzis, President, Chief Executive Officer and Director, Spartan Delta Corp. ("Spartan'' or the "Company") (TSX: SDE) and his team joined Berk Sumen, Head of TSX Company Services, TMX Group, to celebrate the Company's graduation to Toronto Stock Exchange and to open the market. Spartan Delta is a new energy company led by an experienced team with a record of efficient capital discipline and value creation through consolidation and development. Sixteen months ago, it [Read more]
Vesta Energy Corp. announces offer to exchange new 10.000% second lien senior secured step-up notes due 2026 for its 8.125% senior unsecured notes due 2023 and related consent solicitation
CALGARY, AB - Vesta Energy Corp. ("Vesta") is pleased to announce that it has commenced an offer to exchange an equivalent aggregate principal amount of newly issued 10.000% second lien senior secured step-up notes due October 15, 2026 (the "New Notes") for properly tendered, and not validly withdrawn, 8.125% senior unsecured notes due July 24, 2023 (the "Existing Notes"), as more fully described in, and upon the terms and subject to the conditions set forth in, the Exchange Offer and Consent [Read more]
Altura Energy Inc. announces name change to Tenaz Energy Corp.
CALGARY, AB - Altura Energy Inc. (the "Company") (TSXV: ATU) is pleased to announce that it has completed its previously announced name change to "Tenaz Energy Corp." pursuant to a shareholders' resolution passed at the special meeting of shareholders held on October 7, 2021. Effective at the opening of trading on Tuesday, October 19, 2021, the common shares of the Company will trade under the new name and the new stock trading symbol of "TNZ." Shareholders are not required to take any steps to [Read more]
Whitecap Resources Inc. confirms monthly dividend for October of $0.0225 per share and announces third quarter 2021 results conference call / webcast
CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0225 per common share in respect of October operations will be paid on November 15, 2021 to shareholders of record on October 31, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its third quarter 2021 results before market open on Thursday, October 28, 2021 and has scheduled a [Read more]
49 North Resources Inc.’s rights offering documents mailed to shareholders
SASKATOON, SK - 49 North Resources Inc. ("FNR" or the "Company") (TSXV: FNR) announces it has completed the mail out of the materials for its previously announced rights offering (the "Rights Offering") to its shareholders. A copy of the documents are also available for download directly from FNR website at: www.fnr.ca or from the Company's profile on SEDAR at: www.sedar.com. Registered shareholders who wish to exercise their rights must forward the completed rights certificate, together [Read more]
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