BOE Report

Headwater Exploration Inc. announces first quarter 2021 financial results and increased guidance

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce increased guidance and its operating and financial results for the three months ended March 31, 2021.  Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim condensed financial statements and the related management's discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's [Read more]

Enbridge federal court case receives broad support from government, business and labour from Michigan, Canada, and throughout the region

CALGARY, AB and LANSING - The Government of Canada and entities representing hundreds of thousands of businesses and workers from across the Great Lakes region in the United States and Canada demonstrated support for Enbridge's case in federal court over the Line 5 easement in the Straits of Mackinac by submitting friend of the court briefs.  Entities that submitted briefs include: The Government of Canada Attorneys General of Ohio and Louisiana Chambers of Commerce from the U.S., [Read more]

Crescent Point announces Q1 2021 results

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2021. KEY HIGHLIGHTS  Reduced net debt by over $135 million in first quarter, driven by continued excess cash flow generation. Successfully closed accretive acquisition of Kaybob Duvernay assets, further enhancing free cash flow profile. Expect to generate significant excess cash flow of [Read more]

Crescent Point confirms quarterly dividend

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash dividend of CDN $0.0025 per share to be paid on July 2, 2021 for shareholders of record on June 15, 2021. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE [Read more]

Bonterra Energy Corp. announces first quarter 2021 results

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") today announces its operating and financial results for the three month period ended March 31, 2021.  The related unaudited condensed financial statements and notes, as well as management's discussion and analysis ("MD&A"), are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS As at and for the three months ended March [Read more]

Unifor welcomes Canada’s intervention on eve of line 5 closure

CALGARY, AB - Unifor is relieved the federal Minister of Natural Resources is intervening on the eve of tomorrow's deadline for Enbridge to shut down a key artery in the energy infrastructure between Canada and the U.S., providing vital energy needs for four provinces and four states. "The Governor of Michigan is recklessly messing with a critical piece of infrastructure that puts thousands of jobs at risk," said Jerry Dias, Unifor National President. "We are in full support of the Canadian [Read more]

Suncor and ATCO partner on a potential world-scale clean hydrogen project in Alberta

Our ATCO/Suncor decision to collaborate on this potential project follows welcome messages of support from both the Government of Canada and the Government of Alberta for emission-reduction projects and infrastructure. Such collaboration between governments and business and across sectors will be critical to progressing this project and achieving Canada's net zero by 2050 goals. Project would produce more than 300,000 tonnes per year of clean hydrogen using advanced technology to capture more [Read more]

Spartan Delta Corp. delivers record operating and financial results for the first quarter 2021

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE) is pleased to report its unaudited financial and operating results for the three months ended March 31, 2021. MESSAGE TO SHAREHOLDERS In the first quarter of 2021, Spartan delivered record average production of 31,914 BOE per day and generated Adjusted Funds Flow of $34.6 million. Production volumes were up 23% from the previous quarter and Adjusted Funds Flow more than doubled from $16.8 million in the fourth [Read more]

Journey Energy Inc. Returns to Profitability in the First Quarter of 2021

CALGARY, AB, May 7, 2021 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") announces its financial results for the first quarter of 2021.  The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2021 and 2020 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter are as follows: Produced 7,577 boe/d with 54% coming from natural gas production; [Read more]

Enbridge reports strong first quarter 2021 financial results; reaffirms 2021 financial outlook

CALGARY, AB - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2021 financial results, reaffirmed its 2021 financial outlook, and provided a quarterly business update. Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) First quarter GAAP earnings of $1.9 billion or $0.94 per common share, compared with GAAP loss of $1.4 billion or $0.71 per common share in 2020 Adjusted earnings of $1.6 billion [Read more]