BOE Report

Waterous Energy Fund successfully completes take-over bid for 57 million shares of Osum Oil Sands Corp.

CALGARY, AB - Waterous Energy Fund ("WEF") is pleased to announce that it has successfully completed the offer (the "Offer") by its subsidiary, WEF Osum Acquisition Corp. (the "Offeror"), to acquire up to 57,000,000 common shares ("Osum Shares") of Osum Oil Sands Corp. ("Osum") at a price of $3.00 per share, following the expiry of the mandatory 10-day extension period at 11:59 pm (Vancouver time) on March 12, 2021. 21,531,295 additional Osum Shares were deposited and not withdrawn during the [Read more]

PetroShale announces year end 2020 financial, operating and reserves highlights

CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to provide preliminary unaudited financial and operating results for the three and twelve month periods ended December 31, 2020, as well as summary highlights from our independent corporate reserves evaluation prepared by Netherland, Sewell & Associates, Inc. ("NSAI") with an effective date of December 31, 2020 (the "NSAI Report"). The Company anticipates issuing and filing on SEDAR its full [Read more]

Spartan Delta Corp. announces year-end 2020 financial results and reserves and provides updated 2021 guidance

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE); (TSXV: SDE.R) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2020, as well as its independent oil and gas reserves evaluation as of December 31, 2020, prepared by McDaniel & Associates Consultants Ltd. (the "McDaniel Report"). Corporate Milestones Achieved Since the Recapitalization of Spartan Delta Corp. in December 2019 Completed a [Read more]

AltaGas Ltd. announces aggregate $550 million medium term note offering

Calgary, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has agreed to issue $350 million of senior unsecured medium term notes (the "3 Year Notes") with a coupon rate of 1.227 percent, maturing on March 18, 2024 and $200 million of senior unsecured medium term notes (the "6 Year Notes") with a coupon rate of 2.166 percent, maturing on March 16, 2027 (the "Offering"). The Offering is expected to close on or about March 16, 2021. The net proceeds resulting from the Offering [Read more]

Crew Energy Inc. announces 2020 financial results and provides operations update highlighted by significant progress on asset development plan

CALGARY, AB - Crew Energy Inc. (TSX: CR) ("Crew" or the "Company") today announced our operating and financial results for the three and twelve month periods ended December 31, 2020. Crew's full audited consolidated Financial Statements, as well as Management's Discussion and Analysis ("MD&A") for the three and 12-month periods ended December 31, 2020 are available on Crew's website and filed on SEDAR at www.sedar.com. While 2020 proved to be one of the most challenging years in recent [Read more]

Tidewater Midstream and Infrastructure Ltd. announces fourth quarter 2020 results and operational update

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has filed its annual consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2020. FOURTH-QUARTER 2020 HIGHLIGHTS The Corporation's full year performance continues to highlight the resiliency and stability of its integrated business model, given the challenges faced due to the global [Read more]

Tidewater Midstream and Infrastructure provides an update on renewable energy initiatives

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") is pleased to provide an update on various renewable energy initiatives it has been undertaking over the past 6-12 months.  These initiatives include opportunities in renewable diesel, co-processing, renewable hydrogen, blue hydrogen, renewable natural gas, carbon capture, and other various renewable energy projects (together the "Renewable Initiatives"). Renewable Diesel and Renewable Hydrogen [Read more]

Keyera announces March 2021 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for March 2021 of 16.00 cents per common share. The dividend will be payable on April 15, 2021, to shareholders of record on March 22, 2021. The ex-dividend date is March 19, 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) operates [Read more]

Tourmaline delivers earnings of $618.3 million in 2020, adds 826 MMboe of 2P reserves and increases dividend for Q1 2021

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2020 as well as 2020 reserves. HIGHLIGHTS Achieved record production in Q4 2020, exiting 2020 producing in excess of 400,000 boepd. Achieved a record 2P reserve addition of 826.0 mmboe in 2020 with finding, development and acquisition ("FD&A") costs of $3.80/boe, including changes in future development capital [Read more]

Headwater Exploration Inc. announces 2020 reserves, fourth quarter and year end 2020 operating and financial results and operations update

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX:HWX) announces its operating and financial results for the three months and year ended December 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management's discussion and analysis ("MD&A").  These filings will be available at www.sedar.com and the Company's website at www.headwaterexp.com. In addition, [Read more]