BOE Report

Ksi Lisims LNG – Natural gas liquefaction and marine terminal Pproject – public comment period & virtual information sessions

OTTAWA, ON - Nisga'a Nation, Rockies LNG Limited Partnership and Western LNG LLC are proposing to jointly develop a floating natural gas liquefaction facility and marine terminal located at Wil Milit on Pearse Island on the northwest coast of British Columbia. The Ksi Lisims LNG – Natural Gas Liquefaction and Marine Terminal Project would produce up to 12 million tonnes per year of liquefied natural gas during an expected project life of at least 30 years. Comments Invited The project is [Read more]

TransAlta reports outstanding second quarter 2021 results and increases annual guidance

CALGARY, AB, Aug. 10, 2021 /CNW/ Second Quarter 2021 Highlights Comparable EBITDA(1) of $302 million, an increase of $85 million or 39 per cent compared to the same period in 2020 Free cash flow ("FCF")(1) of $138 million or $0.51 per share compared to $91 million or $0.33 per share, a 52 per cent increase over the same period in 2020 Hydro segment delivered $96 million of comparable EBITDA, an increase of $67 million compared to the same period in 2020 Alberta Thermal segment [Read more]

TransAlta Renewables reports second quarter 2021 results

CALGARY, AB, Aug. 10, 2021 /CNW/ Second Quarter 2021 Highlights Comparable EBITDA(1) of $97 million, an $18 million decrease to the same period in 2020 Adjusted funds from operations ("AFFO")(1) of $64 million, a $26 million decrease to the same period in 2020 Cash available for distribution ("CAFD")(1) of $40 million or $0.15 per share in the second quarter, a $27 million decrease to the same period in 2020 Significant & Subsequent Events Completed the previously [Read more]

Tourmaline Oil Corp. announces issuance of senior unsecured notes

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has agreed to issue $200 million aggregate principal amount of senior unsecured notes due February 12, 2029 (the "Notes").  The Notes will be issued at par for aggregate gross proceeds of $200 million and will bear interest at a fixed rate of 2.529% per annum, payable semi-annually on the 12th day of February and August of each year, commencing on February 12, 2022. Tourmaline [Read more]

Canada opens call for studies on carbon capture technologies

OTTAWA, ON - Developing clean technologies will drive our economy, lower emissions and create jobs. Through advancing clean technologies like carbon capture, utilization and storage (CCUS), the government is committed to building a clean energy future and achieving net-zero emissions by 2050. The Honourable Seamus O'Regan Jr., Minister of Natural Resources, announced a new call for expression of interest to support CCUS across the country. Funded under the Energy Innovation Program (EIP), [Read more]

Headwater Exploration Inc. announces second quarter operating and financial results, operations update and increased 2021 guidance

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce its operating and financial results for the three and six months ended June 30, 2021.  Selected financial and operational information is outlined below and should be read in conjunction with the unaudited condensed interim 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 [Read more]

Perpetual Energy Inc. announces filing of information circular for the plan of arrangement involving Rubellite Energy Inc.

CALGARY, AB - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce the management information circular (the "Information Circular") with respect to the previously announced Plan of Arrangement involving Rubellite Energy Inc. ("Rubellite") has been filed on SEDAR at www.sedar.com. On July 16, 2021, Perpetual announced the creation of Rubellite, approximately $73 million in equity financings, the settlement of the majority of its second lien term loan (the [Read more]

Enerplus announces quarterly cash dividend for September 2021; increases dividend by 15%

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced a 15% increase in its quarterly cash dividend, from CDN$0.033 per share to CDN$0.038 per share, payable on September 15, 2021 to all shareholders of record at the close of business on August 31, 2021. The ex-dividend date for this payment is August 30, 2021. The CDN$0.038 per share dividend is equivalent to approximately US$0.030 per share if converted using the current Canadian/US dollar exchange rate of [Read more]

Enerplus announces second quarter 2021 results; increases dividend by 15%

All financial information contained within this news release has been prepared in accordance with U.S. GAAP, except as noted under "Non-GAAP Measures". This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. A full copy of Enerplus' Second Quarter 2021 Financial Statements and MD&A are available on the Company's [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 August 2021 of $0.21 per share to be paid, subject to applicable law, on September 15, 2021 to shareholders of record on August 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]