BOE Report

Spartan Delta Corp. announces strategic acquisitions and provides operational update

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE) is pleased to announce strategic asset acquisitions in the Gold Creek and Simonette areas. Total consideration for the acquisitions is approximately $10.1 million in cash, subject to certain closing adjustments. In addition, Spartan is also pleased to provide an update on the Company's operations. ACQUISITION HIGHLIGHTS The acquired assets include 33,500 net acres of Montney rights, 100 net Montney locations, 300 [Read more]

Minister O’Regan launches Call for proposals under $1.5-billion clean fuels fund to grow clean fuels market across Canada

OTTAWA, ON - The Government of Canada is building a low-emissions energy future to strengthen the economy, create good, middle-class jobs and support workers in our natural resource sectors. Producing and using cleaner fuels in our buildings, vehicles and industries is a key step to exceeding our 2030 climate target and reaching net-zero by 2050. That's why today the Honourable Seamus O'Regan Jr., Minister of Natural Resources, officially launched the $1.5-billion Clean Fuels Fund with a [Read more]

Pembina joins Inter Pipeline in filing cross-applications with Alberta Securities Commission to remedy Brookfield’s lack of disclosure and protect shareholder rights

CALGARY, AB - Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) today announced that Pembina and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) have filed cross-applications with the Alberta Securities Commission (the "ASC") to remedy disclosure issues and coercive tactics by Brookfield Infrastructure Partners L.P. and its affiliates (collectively, "Brookfield") in relation to its inferior hostile take-over offer of Inter Pipeline (the "Take-Over Offer"). Pembina's President [Read more]

Inter Pipeline acknowledges Brookfield’s intention to revise its unsolicited offer; Board reconfirms support for strategic combination with Pembina

Inter Pipeline Asks Alberta Securities Commission to Address Inadequate Brookfield Disclosure CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline" or the "Company") (TSX: IPL) is responding to the news release issued June 18, 2021 (the "Brookfield Release") by Brookfield Infrastructure Partners L.P. together with its institutional partners (collectively, "Brookfield") announcing its intention to file another variation to its offer (the "Proposed June 18 Brookfield Offer") to acquire Inter [Read more]

Government of Canada approves the NOVA Gas Transmission Ltd. Edson Mainline Expansion Project

OTTAWA, ON - Today, the Honourable Seamus O'Regan Jr., Minister of Natural Resources, announced that the Government of Canada has approved the NOVA Gas Transmission Ltd. (NGTL) Edson Mainline Expansion Project with 25 conditions. This decision was based on facts, science, Indigenous knowledge, the public interest and careful consideration of the concerns of potentially impacted Indigenous communities. Reconciliation with Indigenous Peoples is a top priority for the Government of Canada. [Read more]

Enbridge publishes sustainability-linked bond framework

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today it has published the first Sustainability-Linked Bond Framework (the Framework) in the North American midstream sector, which links its Environment, Social and Governance (ESG) goals to the Company's funding strategy. With this Framework, Enbridge further strengthens its commitment to achieving the ESG goals it announced on November 6, 2020. These goals include achieving net-zero greenhouse gas [Read more]

Paramount Resources Ltd. announces implementation of monthly dividend, settlement of Strath dissent and normal course issuer bid

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce the implementation of a monthly dividend program with respect to its class A common shares (the "Common Shares"). The Board of Directors has declared an inaugural cash dividend of $0.02 per Common Share that will be payable on July 30, 2021 to shareholders of record on July 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. While the Company [Read more]

Pembina and TC Energy partner to create world-scale carbon transportation and sequestration solution: the Alberta carbon grid

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or "PPL") (TSX: PPL) (NYSE: PBA) and TC Energy Corporation ("TC Energy") (TSX, NYSE: TRP) are pleased to share their plan to jointly develop a world-scale carbon transportation and sequestration system which, when fully constructed, will be capable of transporting more than 20 million tonnes of CO2 annually. By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid ("ACG" or the "Project") represents [Read more]

MEG Energy reports director election voting results

CALGARY, AB - MEG Energy Corp. ("MEG") (TSX: MEG) is pleased to announce that at its annual meeting of shareholders held on June 16, 2021 (the "Meeting"), each of the ten (10) nominees listed in its Management Information Circular dated May 3, 2021, were elected as directors. The results of the shares voted in respect of the election of each director are set out below. Nominee Votes For Votes Withheld # % # % Grant D. [Read more]

Perpetual Energy Inc. announces extension of credit facility

CALGARY, AB, June 15, 2021 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") announced today that the maturity date applicable to the Company's first lien credit facility has been extended to June 30, 2021 and the $20 million borrowing limit maintained. The borrowing limit is scheduled to be redetermined and the revolving credit period extended on or before June 30, 2021. The extension of the revolving credit period provides additional time to finalize negotiations with [Read more]