BOE Report

Bonterra Energy Corp. announces fourth quarter and year end 2020 results and reserves

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2020 and provide summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, 2020.  The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year [Read more]

Perpetual Energy Inc. announces extension of term loan

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") announced today that the maturity date applicable to the Company's second lien Term Loan has been extended to May 14, 2021. The extension of the second lien Term Loan, and the previously announced extension of the Company's first lien revolving credit facility, provides additional time to finalize negotiations with its lenders and for the Company to explore opportunities to enhance its liquidity. If the Company's revolving credit [Read more]

Surge Energy Inc. announces 2020 fourth quarter and year-end financial and operating results and 2020 year-end reserves

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter and year ended December 31, 2020, and its year-end 2020 reserves, as independently evaluated by Sproule Associates Limited ("Sproule"). 2020 FINANCIAL, OPERATIONAL, AND RESERVES HIGHLIGHTS Achieved an all-in payout ratio1 of less than 100 percent for 2020 while oil averaged less than US$40 WTI per barrel, generating cash flow from operating [Read more]

Canada celebrates Enhance Energy’s and Alberta Carbon Trunk Line’s major carbon transportation and storage milestone

CALGARY, AB - Innovation and the continued development of clean technologies will help to drive our economy, reduce our environmental impacts and create jobs. This will be more important than ever as we work toward our recovery from the COVID-19 pandemic. Canada's Minister of Natural Resources, the Honourable Seamus O'Regan Jr., today celebrated the milestone of permanently storing one-million tonnes of carbon dioxide (CO2) through the Alberta Carbon Trunk Line (ACTL), the world's largest [Read more]

New Government of Canada online platform will improve understanding of impacts on environment

OTTAWA, ON - Even during a pandemic, Canada continues to strengthen the economy while protecting and conserving our natural environment, supporting our natural resource sectors and mitigating the impacts of climate change. Increasing our understanding of the long-term cumulative effects from human activities is essential in making decisions that impact our future well-being. This is why Natural Resources Canada, in partnership with Environment and Climate Change Canada, has launched the [Read more]

SECURE Energy Services Inc. and Tervita Corporation merge to create a stronger midstream infrastructure and environmental solutions business

CALGARY, AB - SECURE Energy Services Inc. ("SECURE") (TSX: SES) and Tervita Corporation ("Tervita") (TSX: TEV) are pleased to announce a transaction to create a stronger midstream infrastructure and environmental solutions business that is expected to provide enhanced free cash flow generation resulting from greater scale and significant annual integration cost savings of $75 million, unlocking value for all shareholders. The combined company will have an implied total enterprise value of [Read more]

Inter Pipeline board of directors unanimously recommends shareholders reject Brookfield’s hostile bid

CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline" or the "Company") (TSX: IPL) today announced that the Board of Directors (the "Board") has unanimously determined that Brookfield's hostile takeover bid (the "Hostile Bid") is not in the best interests of the Company or its shareholders ("Shareholders"). The Board's determination followed careful consideration, including advice from its financial and legal advisors, and the recommendation of a Special Committee of independent directors. [Read more]

Keyera Corp. announces $350 million hybrid note offering

CALGARY, AB, March 8 - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it has priced a Canadian offering of $350 million of 5.95% fixed-to-fixed rate subordinated notes due March 10, 2081. The offering is expected to close on March 10, 2021 and the net proceeds will be used to refinance indebtedness under Keyera's revolving credit facility, to fund its capital projects, including its ownership interest in KAPS, and for other general corporate purposes. All approvals are in place and [Read more]

Vermilion Energy Inc. announces results for the year ended December 31, 2020 and 2020 reserves information

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and financial results for the year ended December 31, 2020 along with our 2020 reserves information. The audited financial statements, management discussion and analysis and annual information form for the year ended December 31, 2020 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

Inter Pipeline announces March 2021 cash dividend

CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today the declaration of a cash dividend of $0.04 per share for March 2021. This dividend will be paid on or about April 15, 2021 to shareholders of record on March 22, 2021. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $6.2 billion in cash payments to investors. Inter Pipeline's objective is to provide investors with [Read more]