BOE Report

Spartan Delta Corp. announces completion of $45 million bought deal financing

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE); (TSXV: SDE.R) is pleased to announce it has closed its previously announced bought deal public offering of 11,250,000 subscription receipts (the "Subscription Receipts") at a price of $4.00 per Subscription Receipt for aggregate gross proceeds of $45.0 million (the "Prospectus Offering"). The syndicate of underwriters for the Prospectus Offering was led by National Bank Financial Inc. and included Eight Capital, Stifel [Read more]

Tamarack Valley Energy announces update on strategic acquisition

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the execution of a definitive agreement with Woodcote Petroleum Inc. ("Woodcote") pursuant to which the Company will acquire all of the issued and outstanding shares of Woodcote, a private company with a 100% operated working interest in Greater Nipisi (the "Acquisition") for aggregate consideration of $43.0 million, comprised of $32.0 million in cash, subject to adjustment, and 4,888,889 [Read more]

Wolverine Energy and Infrastructure Inc. and Green Impact Partners Inc. announce the results of initial studies on hydrogen production

EDMONTON, AB - Wolverine Energy and Infrastructure Inc. ("Wolverine") (TSXV: WEII), and its wholly owned subsidiary Green Impact Partners Inc. ("GIP"), are pleased to announce the completion of the initial Hydrogen Front End Engineering Design "FEED" study (the "Study") conducted on Wolverine's current operating asset location in Alberta (the "Alberta Project"). The Alberta Project forms part of the clean energy and renewable natural gas ("RNG") assets proposed for sale in connection with [Read more]

Crescent Point receives approval for normal course issuer bid

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the Toronto Stock Exchange ("TSX") has accepted its notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 26,462,509 common shares, or five percent of the Company's public float, as at February 26, 2021. The NCIB is scheduled to commence on March 9, 2021 and is due to expire on March 8, 2022. Purchases of Crescent Point's common [Read more]

Topaz Energy Corp. announces strategic royalty acquisition in the Clearwater area of Alberta

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce it has entered into a non-binding agreement with Tamarack Valley Energy Ltd. ("Tamarack") for the purchase of a newly created gross overriding royalty interest underpinned by a multi-year minimum capital development commitment for total purchase consideration of $13.7 million (the "Royalty Acquisition"). The Royalty Acquisition demonstrates Topaz's strategy of generating free cash flow growth while [Read more]

Surge Energy Inc. announces successful 1H/21 drilling program; strategic $106 million asset sale; positive credit facility re-determination

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its successful 32 well 1H/21 drilling program, a strategic $106 million asset sale (the "Sale"), and a positive re-determination of its first lien and second lien credit facilities. SURGE ENERGY - VALUE CREATION AND DEBT REDUCTION Very Positive Macro Environment for Canadian Crude Oil 2020 was an extremely difficult year for the Canadian oil and gas industry managing through the COVID crisis, [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 March 2021 of $0.21 per share to be paid, subject to applicable law, on April 15, 2021 to shareholders of record on March 25, 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 "qualified [Read more]

Yangarra announces 2020 year end financials, operating results and reserves

CALGARY, AB - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financials,  operating results and reserves for the year ended December 31, 2020. 2020 was a volatile year with many challenges for the oil & gas industry in North America. Yangarra quickly responded to COVID-19 in early 2020 by reducing the capital program to zero until August 2020. Although this resulted in a decline in production, the Company worked to streamline operations and internalize [Read more]

ARC Resources Ltd. announces offering of senior unsecured notes

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today an offering of Cdn$1.0 billion aggregate principal amount of senior unsecured notes (the "Offering"), consisting of Cdn$450 million aggregate principal amount of 2.354% Senior Unsecured Notes, Series 1 due 2026 (the "Series 1 Notes") and Cdn$550 million aggregate principal amount of 3.465% Senior Unsecured Notes, Series 2 due 2031 (the "Series 2 Notes", together with the Series 1 Notes, the "Notes"). The Notes [Read more]

Inter Pipeline joins the Alliance to End Plastic Waste

CALGARY, AB, March - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today that it has joined the Alliance to End Plastic Waste (the Alliance), an international non-profit organization with the vision of ending plastic waste in the environment. "Being a responsible and conscientious operator has always been a top priority at Inter Pipeline," said Christian Bayle, President and Chief Executive Officer of Inter Pipeline. "Joining the Alliance is timely given our world-scale [Read more]