BOE Report

Whitecap Resources Inc. confirms monthly dividend for June of $0.01625 per share

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01625 per common share in respect of June operations will be paid on July 15, 2021 to shareholders of record on June 30, 2021.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is focused on profitable [Read more]

Pembina highlights growing momentum with business update and extensive opportunity portfolio

All financial figures are approximate and presented in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"), which is a financial measure that is not defined by Generally Accepted Accounting Principles ("GAAP"). For more information, see "Non-GAAP Measures" herein. CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced a mid-year [Read more]

Unifor slams government for undermining NL oil and gas sector

ST. JOHN'S, NL, June 11, 2021 /CNW/ - The Newfoundland and Labrador government's refusal to fulfil its commitment to the Terra Nova project will kill hundreds of good local jobs and undermine the province's entire oil and gas sector, says Unifor. "The Furey government has betrayed Newfoundland and Labrador's energy workers," said Jerry Dias, Unifor National President. "It must live up to its commitments and ensure Terra Nova continues to serve the province as it has for 19 years. It's not [Read more]

Tourmaline continues North Montney consolidation with the acquisition of Black Swan Energy

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has entered into a definitive agreement to acquire privately owned Black Swan Energy Ltd. ("Black Swan") for a total consideration of approximately $1.1 billion Cdn, consisting of 26 million Tourmaline common shares and the assumption of net debt(1) up to a maximum of $350 million, including all transaction costs. The transaction is expected to close in the second half of July 2021, [Read more]

Waterous Energy Fund announces the amalgamation of Strathcona Resources Ltd. and Osum Oil Sands Corp. and the closing of a new C$1.0 billion covenant-based credit facility

CALGARY, AB - Waterous Energy Fund ("WEF") today announced the closing of the amalgamation of its two portfolio companies, Strathcona Resources Ltd. ("Strathcona") and Osum Oil Sands Corp. ("Osum"). The amalgamated entity will continue in business under the name Strathcona Resources Ltd. and will remain 100% owned by WEF, WEF co-investors and Strathcona employees. Strathcona is the product of nine separate transactions completed by WEF since 2017, including three take-private transactions and [Read more]

Prairie Storm Resources Corp. announces results of annual general and special meeting of shareholders

CALGARY, AB, June 10, 2021 /CNW/ - Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm" or the "Company") is pleased to announce that holders ("Shareholders") of common shares of the Company ("Common Shares") approved all matters voted upon at the Company's annual general and special meeting of Shareholders held earlier today (the "Meeting"). Detailed information regarding each of the matters voted upon at the Meeting is provided in the Company's management information circular dated May [Read more]

AltaGas Ltd. announces monthly dividend

CALGARY, AB - AltaGas Ltd. ("AltaGas or the Company") (TSX: ALA) announced today that the June dividend will be paid on July 15, 2021, to common shareholders of record on June 25, 2021. The ex-dividend date is June 24, 2021. The amount of the dividend will be $0.0833 for each common share. This dividend is an eligible dividend for Canadian income tax purposes. AltaGas is a leading North American energy infrastructure company that connects NGLs and natural gas to domestic and global markets. [Read more]

Inter Pipeline reconfirms support for strategic combination with Pembina; rejection of revised Brookfield offer

CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline" or the "Company") (TSX: IPL) today reconfirms that the Board of Directors (the "Board") unanimously recommends that Shareholders support the strategic share-exchange transaction with Pembina Pipeline Corporation ("Pembina") and reject the revised hostile takeover offer (the "Revised Brookfield Offer") proposed by an affiliate of Brookfield Infrastructure Partners L.P. ("Brookfield"). The Board's determination followed careful [Read more]

Enbridge expands natural gas access to Ontario communities

CALGARY, AB, June 9, 2021 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that in collaboration with the Government of Ontario it is expanding natural gas access to rural, northern and Indigenous communities in Ontario, Canada. Enbridge will access Ontario's Natural Gas Expansion Program to support 27 projects to expand natural gas access across the province, helping to keep the cost of energy low for families, businesses and farmers. The average [Read more]

Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

CALGARY, AB - Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada's oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement [Read more]