BOE Report

West Lake Energy announces strategic acquisition of new core area that adds significant reserves and growth upside

CALGARY, AB - WEST LAKE ENERGY CORP. ("West Lake" or the "Corporation") is pleased to announce the closing of its acquisition of Boulder Energy Ltd. ("Boulder"), a privately held primarily light-oil producer with assets in the Brazeau area of West Central Alberta. The Boulder acquisition provides a new core area for the Corporation that targets the Belly River formation, characterized as low decline, high netback, assets with substantial development upside and low asset retirement obligations [Read more]

Vermilion Energy Inc. announces senior leadership changes

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces today the appointment of Dion Hatcher as President effective January 1, 2022. He will replace Curtis Hicks, Vermilion's current President, who will step down and continue as an advisor to the Company until April 1, 2022. Lorenzo Donadeo will continue in his current role as Executive Chairman. Vermilion would like to thank Mr. Hicks for his significant contributions to the [Read more]

Pembina Pipeline Corporation declares common share dividend

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for September 2021 of $0.21 per share to be paid, subject to applicable law, on October 15, 2021 to shareholders of record on September 24, 2021. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered [Read more]

Brookfield Infrastructure and Inter Pipeline announce subsequent acquisition transaction and completion of offer

Brookfield Infrastructure and Inter Pipeline Ltd. ("Inter Pipeline") are pleased to announce that they have entered into an arrangement agreement regarding a statutory plan of arrangement, under which Brookfield Infrastructure will acquire all remaining Inter Pipeline common shares (the "Subsequent Acquisition Transaction") Brookfield Infrastructure also announces the expiry of its take-over bid dated February 22, 2021 (as amended, the "Offer") to acquire all of the common shares of Inter [Read more]

Rubellite Energy Inc. provides capitalization, governance and operations update and 2022 guidance

CALGARY, AB – Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to provide a capitalization, governance and operations update and release 2022 guidance following the completion on September 3, 2021 of the plan of arrangement (the "Plan of Arrangement") involving Perpetual Energy Inc. ("Perpetual"), Rubellite and the shareholders of Perpetual. Capitalization Update The common shares ("Common Shares") and warrants [Read more]

Enbridge advances U.S. Gulf Coast strategy with 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 that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC (Moda) for U.S. $3.0 billion in cash, subject to closing adjustments. The acquisition will significantly advance 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 [Read more]

Tourmaline declares quarterly dividend

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.17 per common share. The dividend will be payable on September 29, 2021 to shareholders of record at the close of business on September 15, 2021. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader Advisories CURRENCY All amounts in [Read more]

Perpetual Energy Inc. and Rubellite Energy Inc. announce completion of Plan of Arrangement

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") and Rubellite Energy Inc. ("Rubellite") are pleased to announce that the previously announced Plan of Arrangement under the Business Corporations Act (Alberta) (the "Plan of Arrangement") involving Perpetual, the shareholders of Perpetual, and Rubellite was completed on September 3, 2021 (the "Effective Date"). The completion of the Plan of Arrangement followed the overwhelming support of the Plan of Arrangement by the [Read more]

Paramount Resources Ltd. announces September 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 $0.02 per Common Share that will be payable on September 30, 2021 to shareholders of record on September 15, 2021.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for [Read more]

Enbridge announces executive leadership changes

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced the following executive leadership changes, effective October 1, 2021. Vern Yu is appointed Executive Vice President & Chief Financial Officer taking over from Colin Gruending. Vern will be accountable for all the Company's financial affairs including Budgeting, Financial Planning & Reporting, Treasury, Investor Relations, Tax, Risk, Insurance and Audit management functions as well as [Read more]