BOE Report

Enerplus announces cash dividend for May 2021

CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on May 14, 2021 to all shareholders of record at the close of business on April 30, 2021. The ex-dividend date for this payment is April 29, 2021. The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7988. The U.S. dollar equivalent dividend [Read more]

Prairie Storm Resources Corp. announces 2020 reserve report and corporate governance updates

CALGARY, AB - Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm" or the "Company") is pleased to announce the results of its 2020 year-end reserves evaluation and to provide an update on corporate governance matters. RESERVES INFORMATION The Company retained independent reserve evaluators, Sproule Associates Limited ("Sproule") to evaluate the Company's petroleum and natural gas reserves as of December 31, 2020.  Reserves information contained herein, which is effective as of [Read more]

Altura announces fourth quarter and year end 2020 results and reserves

CALGARY, AB - Altura Energy Inc. ("Altura" or the "Company") (TSXV: ATU) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2020 and the independent evaluation of the Company's oil and natural gas reserves (the "McDaniel Report"), effective December 31, 2020, as prepared by McDaniel and Associates Consultants Ltd. ("McDaniel"). The audited consolidated financial statements and related management's discussion and analysis ("MD&A") for [Read more]

Whitecap Resources Inc. confirms monthly dividend for April of $0.01508 per share and announces first quarter 2021 results conference Call / webcast

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01508 per common share in respect of April operations will be paid on May 17, 2021 to shareholders of record on April 30, 2021.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). In addition, Whitecap announces that it intends to release its first quarter 2021 results before market open on Thursday, April 29, 2021 and has scheduled a conference call and [Read more]

On eve of mediation, Unifor says Line 5 is critical infrastructure for Canada and the U.S.

TORONTO - As the State of Michigan and Enbridge Inc. enter mediation about the Line 5 pipeline, Unifor argues that the pipeline is a safe and stable source of good jobs in Ontario and Québec. "What the Governor of Michigan has proposed is reckless and irresponsible, for both sides of the border," said Jerry Dias, Unifor National President, referring to Michigan Governor Gretchen Whitmer's campaign promise to revoke Line 5's easement. "If she thinks repairs are needed, that's one thing. To [Read more]

Spartan Delta Corp. provides first quarter 2021 operational update

CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE) is pleased to provide an update on the Company's operations following the successful completion of its winter drilling program in its West Central Alberta core area. For the first quarter of 2021, based on field estimates, Spartan's average production was approximately 31,500 BOE/d (135.6 mmcf/d natural gas, 600 bbls/d crude oil, 1,300 bbls/d condensate, and 7,000 bbls/d NGLs) including 14 days of production from the [Read more]

Tamarack Valley Energy Ltd. announces exercise of over-allotment option

CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that, further to its recently completed bought deal equity financing of common shares of Tamarack ("Common Shares") at a price of $2.25 per Common Share, the over-allotment option granted to the underwriters has been exercised in full, resulting in the issuance of 3,030,300 Common Shares on April 15, 2021 for gross proceeds of $6,818,175.  The syndicate of underwriters was led by National [Read more]

Ontario Energy Association releases report examing the implcations of shutting down Ontario’s natural gas-fired generators by 2030

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TORONTO - Today, the Ontario Energy Association (OEA), released a report produced by Power Advisory LLC examining the implications for Ontarians of shutting down all of Ontario's natural gas-fired generators by 2030. The OEA is committed to Canada's goal of achieving net zero GHG emissions by 2050 (NZ2050). Seventy-six per cent of Ontario's GHG emissions stem from energy use.  However, only 2.3 per cent of emissions currently come from the electricity system.  Therefore, the path to NZ2050 [Read more]

Bonterra Energy Corp. announces appointment of new board chair and adoption of advance notice by-law

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") today announces that Mr. D. Michael G. Stewart has been appointed Chair of the Board of Directors (the "Board") effective immediately, assuming the role from Mr. George Fink, who remains an active Director on the Board and the Company's Chief Executive Officer. In addition, Bonterra's Board has approved certain amendments to the Company's by-laws (the "By-Law Amendments"), including the adoption [Read more]