BOE Report

Highwood Oil Company Ltd. announces change to its Board of Directors

CALGARY, AB - Highwood Oil Company Ltd (TSXV: HOCL) ("Highwood" or the "Company") is pleased to provide the below updates. Independent Director Appointment The Board of Directors is pleased to have appointed Mr. Ryan Mooney to the Company's Board of Directors as an Independent Director.  Mr. Mooney brings with him an extensive resume and experience in the energy sector and capital markets, having worked in senior roles in industry, research, institutional sales and investment banking. Mr. [Read more]

Journey Energy Inc. announces private company acquisition and amendments to term debt

CALGARY, AB - Journey Energy Inc. (TSX; JOY) (OTCQX: JRNGF) ("Journey" or the "Company") reports that it has today entered into a definitive agreement for the acquisition of a private company. ACQUISITION OF PRIVATE COMPANY Journey today entered into a definitive agreement to purchase a private company producing approximately 610 boe/d (76% natural gas) primarily in the Nordegg and Grande Cache areas of Alberta.  The acquisition price will be paid for through the issuance of 3.5 million [Read more]

Gear Energy Ltd. announces successful completion of annual borrowing base redetermination and May update to shareholders

CALGARY, AB - Gear Energy Ltd. ("Gear") (TSX: GXE) is pleased to announce that it has successfully completed its annual borrowing base redetermination with the maturity date extending to May 27, 2023. Annual Borrowing Base Redetermination Over the last year and a half, Gear has focused on substantially improving its balance sheet. This has translated into continuous and significant debt reductions which have provided Gear with top decile leverage metrics in its peer group. The existing [Read more]

Topaz Energy Corp. announces results of its annual meeting of shareholders

CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on June 23, 2021 (the "Meeting").  A report of voting results will be available on SEDAR at www.sedar.com. The resolution to appoint the nine (9) nominees as directors of the Company was passed on a vote by poll and each of the directors received the following votes for their election: [Read more]

Amazon announces major renewable energy agreement in Canada

SEATTLE - Amazon (NASDAQ: AMZN) today announced 14 new renewable energy projects in Canada, Finland, Spain, and the U.S. to advance its ambition to power 100% of company activities with renewable energy by 2025—five years ahead of the original target of 2030. The new projects bring Amazon's total renewable energy investments to date to 10 gigawatts (GW) of electricity production capacity—enough to power 2.5 million U.S. homes. Amazon is now the largest corporate buyer of renewable energy in the [Read more]

Tidewater announces second quarter 2021 dividend

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater") (TSX: TWM) is pleased to announce that its Board of Directors has declared a dividend for the second quarter 2021 of $0.01 per common share payable on or about July 30, 2021 to shareholders of record on June 30, 2021.  The ex-dividend date is June 29, 2021. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada). About Tidewater Tidewater is traded on the TSX under the symbol "TWM". [Read more]

Enerplus releases its 2021 ESG report

CALGARY, AB - Enerplus Corporation ("Enerplus", or the "Company") (TSX: ERF & NYSE: ERF) today announced the release of its 2021 ESG report, which provides an update on the Company's progress relative to its environmental, social and governance ("ESG") initiatives. Enerplus continues to prioritize ESG focus areas that have the greatest financial impact, or which are operationally important to the organization in reducing risk, enhancing long-term business resilience and profitability, and [Read more]

Surge Energy Inc. announces strategic $160 million Southeast Saskatchewan light oil acquisition; new $215 million credit facility; and upward revision to 2021 exit rate and 2022 production guidance

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) and Astra Oil Corp. ("Astra") announce that they have entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which Surge has agreed to acquire all of the issued and outstanding common shares of Astra ("Astra Shares") by way of a statutory arrangement (the "Transaction") for total consideration of approximately $160 million. The Transaction is to be funded by the issuance of Surge common shares ("Surge [Read more]

ARC Resources Ltd. announces approval of resolutions at annual and general meeting of shareholders

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on June 22, 2021. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1.     Resolution to appoint 11 board members, with 96.20 per cent to 99.35 per cent of shares represented at the Meeting voting in favour of individual [Read more]

Crescent Point releases 2021 sustainability report

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the release of its 2021 Sustainability Report (the "Report"). The Report is highlighted by the Company's increased target for emissions intensity reduction, an increase from 30 to 50 percent by 2025, including a 70 percent reduction in absolute methane emissions. The Report also outlines the Company's latest progress and commitment to strong environmental, social and [Read more]