BOE Report

Vermilion Energy Inc. announces appointments of two new board members

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce the appointments of Ms. Manjit Sharma and Ms. Judy Steele to our Board of Directors. Ms. Sharma brings over 25 years of depth and experience in navigating a wide range of operational matters in a variety of industries.  She most recently served as Chief Financial Officer of WSP Canada, responsible for leading the finance, real estate, procurement, tax and [Read more]

Strathcona Resources Ltd. announces closing of its private offering of U.S. $500 million of senior notes

CALGARY, AB - Strathcona Resources Ltd. ("Strathcona") announced today that it has closed its previously announced private offering (the "Offering") under Rule 144A and Regulation S of the U.S. Securities Exchange Act of 1933, as amended (the "U.S. Securities Act"), to eligible purchasers, of U.S.$500 million in aggregate principal amount of 6.875% senior unsecured notes due in 2026 (the "Notes"). Strathcona used the net proceeds from this Offering to repay a portion of the outstanding [Read more]

Nisga’a Nation, Rockies LNG and Western LNG propose new LNG project

Innovative floating LNG design will produce 12 million tonnes per year of low-cost LNG World-leading GHG emissions performance, targeting net zero carbon emissions Strategic access to natural gas supplies and growing global LNG markets GITLAXT'AAMIKS - The Nisga'a Nation, Rockies LNG and Western LNG today announced the filing of the Initial Project Description for the Ksi Lisims LNG project with the Government of British Columbia and the Government of Canada. Ksi Lisims LNG [Read more]

Strathcona Resources Ltd. announces pricing of its private offering of U.S. $500 million of senior notes

CALGARY, AB - Strathcona Resources Ltd. ("Strathcona") announced today that it has priced a private offering (the "Offering") under Rule 144A and Regulation S of the U.S. Securities Exchange Act of 1933, as amended (the "U.S. Securities Act"), to eligible purchasers, of U.S.$500 million in aggregate principal amount of 6.875% senior unsecured notes due 2026 (the "Notes"). The Offering is expected to close on or about July 20, 2021 subject to customary closing conditions. Strathcona intends [Read more]

Perpetual Energy Inc. announces the creation of Rubellite Energy Inc., $73 MM in equity financings, settlement of its second lien term loan and new credit facilities

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce the creation of Rubellite Energy Inc. ("Rubellite"), a new high growth, pure play Clearwater oil company. Rubellite will: (i) acquire all of Perpetual's Clearwater lands, wells, roads and related facilities in northeast Alberta (the "Clearwater Assets") for total consideration of $60 million, including $58 million in cash and the issuance of an option to purchase four million common shares ("Rubellite [Read more]

Highwood Oil Company Ltd. announces name change to Highwood Asset Management Ltd., amendment to credit facility and filing of NI 43-101 technical report on Western Canada lithium brine project

CALGARY, AB - Highwood Oil Company Ltd. (TSXV: HOCL) ("Highwood" or the "Company") is pleased to announce that it is changing its name to Highwood Asset Management Ltd. (the "Name Change"). Name Change To better reflect the Company's diversified asset base and potential future opportunities, the Company found it suitable to rename itself Highwood Asset Management Ltd. The Name Change was unanimously approved by the Company's shareholders at the June 17, 2021 Annual General Meeting. The [Read more]

Whitecap Resources Inc. confirms monthly dividend for July of $0.01625 per share and announces second quarter 2021 results conference call / webcast

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01625 per common share in respect of July operations will be paid on August 16, 2021 to shareholders of record on July 31, 2021.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its second quarter 2021 results before market open on Thursday, July 29, 2021 and has scheduled a conference call [Read more]

Tourmaline announces closing of Black Swan Energy acquisition and a new long-term gas supply agreement with Cheniere Energy

CALGARY - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce the closing of two strategic North Montney transactions, a North Montney GORR transaction with Topaz Energy Corp. ("Topaz") and a significant long-term gas supply agreement with Cheniere Energy, Inc. ("Cheniere"). BLACK SWAN ENERGY CLOSING Tourmaline is pleased to announce the closing of its acquisition of Black Swan Energy Ltd. ("Black Swan"). Tourmaline will complete the ongoing Nig [Read more]

Topaz Energy Corp. announces strategic acquisition of additional Montney royalty assets in NEBC which provides 8% per share growth to 2022 free cash flow

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that in furtherance of its growth strategy of acquiring low-risk, premium royalty interests to generate free cash flow(1) growth, it has entered into definitive agreements with Tourmaline Oil Corp. ("Tourmaline") for the purchase of gross overriding royalty interests on approximately 296,000 gross acres in the NEBC Montney play area, for total cash consideration of $145.0 million (the "NEBC Montney [Read more]