BOE Report

Crescent Point Confirms Quarterly Dividend

CALGARY, AB, July 28, 2021 /CNW/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash dividend of CDN $0.0025 per share to be paid on October 1, 2021 for shareholders of record on September 15, 2021. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." FOR MORE INFORMATION ON [Read more]

Tamarack Valley Energy Ltd. announces second quarter financial results, operational update & executive changes

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating 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 Tamarack's unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2021 and related management's discussion and analysis ("MD&A") which are available on SEDAR at [Read more]

Pembina terminates Inter Pipeline acquisition

Pembina to Receive $350 Million Cash Termination Fee CALGARY, AB - Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) today announced that it has terminated the arrangement agreement with Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) providing for the proposed acquisition by Pembina of Inter Pipeline, in accordance with its terms. In connection with the termination, Inter Pipeline has agreed to pay Pembina the C$350 million termination fee provided for in the [Read more]

Westcoast Energy declares dividend

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividend: A. CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on October 15, 2021 to shareholders of record at the close of business on October 1, 2021. Westcoast Energy Inc. is an indirect subsidiary of Enbridge Inc. Enbridge Inc. is a leading North [Read more]

MEG Energy announces strong second quarter results, further debt repayment, non-core asset sale and revised full year guidance

CALGARY, AB - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its second quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with the COVID–19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility. "The second quarter was another strong operational quarter for MEG, giving us the confidence to increase [Read more]

MEG Energy announces US $100 million debt repayment

CALGARY, AB - MEG Energy Corp. ("MEG" or the "Company") (TSX: MEG) announced today that it has issued a notice to redeem US$100 million aggregate principal amount of its 6.50% senior secured second lien notes due 2025 (the "Second Lien Notes") at a redemption price of 103.25%, plus accrued and unpaid interest to, but not including, the redemption date.  The redemption is expected to be completed on or about August 23, 2021. Inclusive of the redemption, MEG will have redeemed US$354 million of [Read more]

Gear Energy Ltd. announces commencement of trading on OTCQX

CALGARY, AB - Gear Energy Ltd. ("Gear") (TSX: GXE) is pleased to announce that its common shares have qualified for trading on the OTCQX Market operated by the OTC Markets Group Inc. ("OTC"). Gear's common shares previously traded through the OTC's Pink market. Upgrading to the OTCQX Market is expected to provide more transparent trading for Gear's U.S. investors.  Gear's common shares begin trading today on the OTCQX under the symbol "GENGF." U.S. investors can find current financial [Read more]

Tidewater Midstream announces the creation of Tidewater Renewables and capitalization via initial public fffering

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater Midstream") is pleased to announce the creation of Tidewater Renewables Ltd. ("Tidewater Renewables") as a wholly owned subsidiary. Tidewater Renewables has been formed to become a multi-faceted, energy transition company focusing on the production of low carbon fuels. The creation of and the initial public offering of Tidewater Renewables is a result of a thorough evaluation of financing alternatives with the goal of funding [Read more]

Crescent Point announces Q2 2021 conference call

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its second quarter 2021 financial and operating results via press release prior to the opening of markets on Wednesday, July 28, 2021. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call [Read more]

Canada’s oil and natural gas industry demonstrates transparency and performance with report on emissions

CAPP report first in a series of planned industry ESG disclosures CALGARY, AB - The Canadian Association of Petroleum Producers (CAPP) released a new report titled, Canada's Natural Gas and Oil Emissions: Ongoing Reductions, Demonstrable Improvement. The report, which lays out the means to a lower-carbon future through innovation and new technology and illustrates the industry's proven track record of lowering emissions-intensity, is the first in a series of planned Environment, Social and [Read more]