CALGARY, AB - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) is providing the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2021 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended (Cdn$ thousands, except per share, share and per boe amounts) Mar [Read more]
Crescent Point announces Q1 2021 conference call
CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its first quarter 2021 financial and operating results via press release prior to the opening of markets on Wednesday, May 12, 2021. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can [Read more]
Paramount Resources Ltd. announces Q1 2021 results, increased production guidance, preliminary 2022 guidance, fully funded Wapiti acceleration and $77 million non-core disposition
CALGARY, AB HIGHLIGHTS Sales volumes averaged 80,540 Boe/d (43% liquids) in the first quarter of 2021, well ahead of the Company's first half 2021 production guidance of 74,000 Boe/d to 76,000 Boe/d (43% liquids) due to significant outperformance at Karr as well as higher than expected field reliability corporately. (1) Sales volumes at Karr averaged 33,230 Boe/d (55% liquids) in the quarter compared to 26,914 Boe/d (56% liquids) in the fourth quarter of 2020. This [Read more]
Perpetual Energy Inc. reports first quarter 2021 financial and operating results
CALGARY, AB – Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to release its first quarter 2021 financial and operating results. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2021, which are available through the Company's website at [Read more]
Tamarack Valley Energy Ltd. announces first quarter financial results & clearwater winter drilling program update
CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2021 and related management's discussion and analysis ("MD&A") which are available on SEDAR at www.sedar.com [Read more]
Government of Canada approves the NOVA Gas Transmission Ltd. 2023 North Corridor System Expansion Project
OTTAWA, ON - Today, the Minister of Natural Resources, the Honourable Seamus O'Regan Jr., announced that the Government of Canada has approved the NOVA Gas Transmission Ltd. (NGTL) 2023 North Corridor System Expansion Project with 37 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 [Read more]
Entropy Inc. announces technology development and funding agreement with Clean Energy Technologies Research Institute
CALGARY, AB - Advantage Oil & Gas Ltd ("Advantage") is pleased to announce that its subsidiary Entropy Inc. ("Entropy" or the "Corporation") has signed a Technology Development and Funding Agreement (the "Agreement") with the University of Regina's Clean Energy Technologies Research Institute ("CETRI"), which secures exclusive ownership of a new generation of carbon capture solvents. Highlights of the Agreement include: Entropy has secured exclusive rights to a novel solvent designed [Read more]
Westcoast Energy declares dividend
CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company), announced today that Westcoast Energy Inc. declared the following quarterly dividend: A. CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on July 15, 2021 to shareholders of record at the close of business on July 1, 2021. Westcoast Energy Inc. is an indirect subsidiary of Enbridge Inc. Enbridge Inc. is a leading North [Read more]
MEG Energy announces strong first quarter operational and financial performance
CALGARY, AB - MEG Energy Corp. (TSX: MEG) ("MEG" or the "Corporation") reported its first quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges associated with the COVID–19 pandemic and remains committed to ensuring the health and safety of all of its personnel and the safe and reliable operation of the Christina Lake facility. "MEG's first quarter was strong from both a financial and operational perspective" said Derek Evans, [Read more]
Reserve Royalty Income Trust Enters Into Definitive Agreement with Topaz Energy Corp.
CALGARY, AB - Mr. Rick F. (Buck) Braund, Chairman and CEO, and Mr. Mark Munro, Vice President Finance & CFO (collectively "Management") on behalf of the Board of Directors (the "Board") of Reserve Royalty Income Management Inc., as administrator for the Trust (the "Administrator"), announce the following: DEFINITIVE AGREEMENT AND THE TRANSACTION Reserve Royalty announces that it has entered into a definitive sale agreement (the "Agreement") with Topaz Energy Corp. (the "Purchaser") [Read more]
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