BOE Report

Whitecap Resources Inc. demonstrates continued operational momentum and increases dividend 8%

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has successfully closed the previously announced acquisition of Kicking Horse Oil & Gas Ltd. ("Kicking Horse"). Whitecap acquired all of the issued and outstanding common shares of Kicking Horse for consideration consisting of 34.5 million Whitecap common shares, $56 million in cash and also assumed Kicking Horse's net debt (the "Acquisition"). Montney Resource Play Update [Read more]

Surge Energy Inc. announces first quarter financial & operating results and ESG update

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter ended March 31, 2021. MACRO OVERVIEW – CRUDE PRICES CONTINUE TO STRENGTHEN Pre-COVID-19, world oil demand was more than 100 million barrels per day; growing by approximately one million barrels per day each year. Without significant capital investment, world oil production has been estimated to have an annual decline of 5-6 million barrels per [Read more]

Canadian biogas experiences decade of rapid growth, with signs of steeper growth in the 2020s

OTTAWA -  Canadian biogas experienced a decade of rapid growth from 2011 to 2020, with an almost 50% jump in operating biogas projects across the country. That's the key takeaway from the Canadian 2020 Biogas Market Report just released by the Canadian Biogas Association that provides a comprehensive analysis of trends in the production and use of biogas energy in Canada. Canada now has 279 biogas projects from coast to coast. These projects are capturing waste methane from agricultural [Read more]

Headwater Exploration Inc. announces results of directors vote

CALGARY, AB - Headwater Exploration Inc. (TSX: HWX) ("Headwater") is pleased to announce that the nominees listed in the management information circular dated March 29, 2021 were elected as directors of Headwater at Headwater's annual and special meeting of shareholders (the "Meeting") held today, May 13, 2021. The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by ballot, each of the following nine [Read more]

Prairie Storm Resources Corp. announces proposed changes in accordance with new CPC policy and proposed changes to its stock option plan

CALGARY, AB - Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm" or the "Company") announces that in connection with recent changes to Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the "Exchange"), which became effective on January 1, 2021 (the "New CPC Policy"), the Company intends to seek the approval of the holders (the "Shareholders") of common shares of the Company (the "Common Shares") to implement certain contractual amendments to align with the New CPC Policy. [Read more]

Surge Energy Inc. announces completion of upsized bought deal flow-through financing; extension of first lien credit facilities into the second half of 2022; preliminary 2022 guidance

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce it has closed the previously announced bought deal public offering (the "Offering") of flow-through common shares ("Flow-Through Shares"). Surge is also pleased to announce that its first lien credit facilities have been extended through to July 1, 2022. Additionally, the Company is announcing 2021 production exit guidance and preliminary 2022 capital and operating guidance. EQUITY FINANCING [Read more]

Surge Energy Inc. announces annual general meeting voting results

CALGARY, AB - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 12, 2021 the following nine director nominees were elected: Votes For Votes Withheld # % # % James Pasieka Marion Burnyeat 83,900,344 83,817,897 98.29% 98.20% 1,457,797 1,540,244 1.71% 1.80% Paul Colborne Daryl Gilbert Michelle [Read more]

Tamarack Valley Energy Ltd. reports voting results of annual general and special meeting of shareholders

CALGARY, AB - Tamarack Valley Energy ("Tamarack" or the "Company") announces that at the annual general and special meeting of shareholders held on May 12, 2021 (the "Meeting"), the following individuals, being the eight nominees listed in the management information circular of the Company dated March 30, 2021 (the "Circular"), were elected by way of ballot as directors of Tamarack to hold office until the next annual meeting of shareholders or until their successors are duly elected or [Read more]

Vertex Resource Group Ltd. reports first quarter 2021 results

SHERWOOD PARK - (TSXV: VTX) - Vertex Resource Group Ltd. ("Vertex" or the "Company") reports its financial and operational results for the first quarter ending March 31, 2021.  The following should be read in conjunction with the Management Discussion and Analysis ("MD&A") and the condensed consolidated interim financials statements of Vertex for three months ended March 31, 2021, which are available on SEDAR at www.sedar.com. Key financial results for the three months ended March 31, [Read more]

Keyera announces voting results from annual meeting

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today the voting results from its Annual Meeting of Shareholders held on May 11, 2021 in a virtual only format. All nominees listed in its Notice of Meeting and Management Information Circular dated March 25, 2021, were elected as directors of Keyera. The results of the votes are as follows: Nominee Votes For Votes Withheld Number % Number % Jim [Read more]