BOE Report

AltaGas Ltd. announces monthly dividend

CALGARY, AB - AltaGas Ltd. ("AltaGas or the Company") (TSX: ALA) announced today that the October dividend will be paid on November 15, 2021, to common shareholders of record on October 25, 2021. The amount of the dividend will be $0.0833 for each common share. This dividend is an eligible dividend for Canadian income tax purposes. ABOUT ALTAGAS AltaGas is a leading North American energy infrastructure company that connects NGLs and natural gas to domestic and global markets. The Company [Read more]

Entropy Inc. announces five new third party agreements, increasing total project pipeline to approximately 1.5 million tonnes per annum

CALGARY, AB - Entropy Inc. ("Entropy" or the "Corporation", a subsidiary of Advantage Energy Ltd. or "Advantage") is pleased to announce new Memoranda of Understanding ("MOUs") with four additional emitting corporations to develop Carbon Capture and Storage ("CCS") projects, and with an industrial equipment manufacturer to develop integrated CCS solutions for new equipment. These MOUs represent further progress in the commercial deployment of Entropy's patent-pending technology, demonstrate [Read more]

Altura Energy Inc. announces closing of previously announced change of management transaction and receipt of proceeds from private placements

CALGARY, AB - Altura Energy Inc. ("Altura" or the "Company") (TSXV: ATU) is pleased to announce the closing of its previously announced change of management transaction (the "Change of Management") resulting in the appointment of a new management team and the reconstitution of its board of directors. The new management team is led by Anthony Marino (President and Chief Executive Officer), Michael Kaluza (Chief Operating Officer) and Bradley Bennett (Chief Financial Officer), and includes David [Read more]

Ovintiv announces achievement of key sustainability milestones

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced the achievement of several sustainability milestones related to emissions reductions, social responsibility and corporate governance. In addition, the Company has launched a new dynamic sustainability website, highlighting Ovintiv's data-driven approach to environmental, social and governance (ESG) performance matters. "Ovintiv is at the forefront of driving innovation to both profitably and sustainably produce oil and gas," said [Read more]

Topaz Energy Corp. announces increase to previously announced bought deal equity financing

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has agreed with the syndicate of underwriters co-led by Peters & Co. Limited and National Bank Financial Inc. to increase the size of the previously announced bought-deal equity financing (the "Equity Financing"). Topaz will now issue 8,800,000 common shares (the "Common Shares") at a price of $17.10 per Common Share for gross proceeds of $150.5 million pursuant to the Equity [Read more]

Rubellite Energy Inc. financings

CALGARY, AB - Dreamworks Investment Holdings Ltd. ("Dreamworks") has acquired an aggregate of 11,834,497 common shares ("Common Shares") of Rubellite Energy Inc. ("Rubellite"), all priced at $2.00 per Common Share, for aggregate consideration of $23,668,994.00 (the "Transaction"). The Common Shares were acquired pursuant to the Transaction through a combination of certain Rubellite financings consisting of: (i) a $33.5 million arrangement warrant financing whereby shareholders of Perpetual [Read more]

Pembina Pipeline Corporation declares October 2021 common share dividend, quarterly preferred share dividends and announces third quarter 2021 results conference call and webcast

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for October 2021 of $0.21 per share to be paid, subject to applicable law, on November 15, 2021 to shareholders of record on October 25, 2021. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]

Whitecap Resources Inc. announces sale of Weyburn royalty and achieves debt reduction target

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Topaz Energy Corp. for the sale of a newly formed 5% Gross Overriding Royalty ("GORR") on its working interest in the Weyburn CO2 Unit for cash proceeds of $188 million. The transaction is expected to close on or before October 31, 2021. Following the completion of the GORR sale, Whitecap will retain its operated 65.3% [Read more]

Topaz Energy Corp. announces agreement to acquire Weyburn royalty interest, 14% dividend increase, bought deal equity financing and complementary royalty acquisitions

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into a purchase and sale agreement with Whitecap Resources Inc. ("Whitecap") to acquire a newly-created 5% gross overriding royalty interest on Whitecap's working interest in the Weyburn Unit (the "Unit") for $188.0 million(2) in cash ("Weyburn Royalty Acquisition").  The Weyburn Royalty Acquisition will be funded through a $131.7 million bought deal equity financing ("Equity [Read more]

Perpetual Energy Inc. announces closing of Rubellite financings; second lien term loan repayment; and credit facility extension and provides operations update

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce the closing of the previously announced financings of Rubellite Energy Inc. ("Rubellite"), the repayment of its second lien term loan and credit facility extension, and provide an operations update. Rubellite Financings Rubellite has raised $83.5 million in equity, all priced at $2.00 per share, through a combination of: (i) a $33.5 million arrangement warrant financing (the "Arrangement Warrant [Read more]