BOE Report

Whitecap Resources Inc. announces 2022 budget, 2021 guidance update and increased cash returns to shareholders

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce its 2022 budget, an accelerated fourth quarter 2021 capital program and 38% increase to its dividend. Highlights 2022 Budget. Capital spending of $470 - $490 million is expected to generate average production of 121,000 – 123,000 boe/d (73% liquids). The budget is $90 million lower than preliminary expectations, with approximately $55 million due to acceleration of capital into late [Read more]

Cenovus and Headwater announce the closing of $227.5 million bought deal secondary offering of Headwater common shares

CALGARY, AB - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) ("Cenovus") and Headwater Exploration Inc. (TSX: HWX) ("Headwater" or the "Company") have closed the previously announced bought deal secondary offering (the "Offering") of common shares of Headwater (the "Common Shares"). The Offering was completed on a bought deal basis, pursuant to an underwriting agreement dated effective September 27, 2021 among the Company, Cenovus, Cenovus Marten Hills Partnership, a wholly-owned subsidiary of [Read more]

Gibson Energy recognized as global leader in sustainability/ESG with AAA rating and solidifies leadership commitment to climate action with net zero by 2050 target

CALGARY, AB - Gibson Energy Inc. announced today that it has received the top "AAA" rating from MSCI ESG Ratings, being only one of three companies globally in the Oil & Gas Refining, Marketing, Transportation & Storage industry and the only company in North America in that industry, to receive this leadership rating.  In addition, building on  its recognized sustainability efforts, the Company is pleased to announce an ambitious Net Zero by 2050 target, which will become the Company's [Read more]

Vermilion Energy Inc. achieves responsible producer certification through equitable origin

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that it has achieved certification under the EO100™ Standard for Responsible Energy Development (2017) from Equitable Origin for three of its natural gas production sites in west-central Alberta: Granada, Eta Lake and Carrot Creek. Vermilion is the third producer of natural gas in Canada to have achieved this rigorous certification, which is based on an [Read more]

Perpetual Energy Inc. comments on trading activity at request of IIROC

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") is issuing this press release in response to a request from the Investment Industry Regulatory Organization of Canada ("IIROC") to comment on the recent trading activity of its stock. Perpetual is not aware of any material, undisclosed information related to the Company's operations and affairs that would account for the recent increase in the market price and level of trading volume of its shares. ADDITIONAL [Read more]

Reconciliation Energy Transition Inc. and Shell Canada Products execute MOU to co-develop the Polaris parbon capture and storage project

CALGARY, AB - Reconciliation Energy Transition Inc. ("RETI" or the "Corporation" an affiliate company of Project Reconciliation "PRI") is pleased to announce an executed Memorandum of Understanding ("MOU") with Shell Canada Products ("Shell") to collaborate on Shell's proposed Polaris carbon capture and storage ("CCS") project. Under terms of the MOU, RETI will work with its First Nations Partners to raise funds for a potential agreement to acquire an equity position in the Shell-led [Read more]

AltaGas to issue third quarter 2021 results

CALGARY, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) will release its 2021 third quarter financial results on Thursday October 28, 2021 before markets open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Time:                8:00 a.m. MT (10:00 a.m. ET) Dial-in:              1-416-764-8659 or toll free at 1-888-664-6392 Webcast:           https://www.altagas.ca/invest/events-and-presentations Shortly after the [Read more]

Keyera announces October 2021 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for October 2021 of 16.00 cents per common share. The dividend will be payable on November 15, 2021, to shareholders of record on October 22, 2021. The ex-dividend date is October 21, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX:KEY) [Read more]

Enerplus to report third quarter 2021 results November 4

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the third quarter of 2021 after market close on Thursday, November 4, 2021. A results conference call will follow on Friday, November 5, 2021, hosted by Enerplus' President & CEO, Ian C. Dundas, to discuss the results. Details of the conference call are noted below. Third Quarter of 2021 Results Live Conference Call [Read more]

Enbridge completes acquisition of North America’s premier crude export facility

CALGARY, AB and INGLESIDE, Texas - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced the closing of the acquisition of Moda Midstream Operating from Encap Flatrock Midstream for US$3 billion. The acquisition significantly advances the Company's U.S. Gulf Coast export strategy and connectivity to low-cost and long-lived reserves in the Permian and Eagle Ford basins. The transaction provides Enbridge with a 100 percent operating interest in the Ingleside Energy [Read more]