CALGARY, AB - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into a non binding agreement with Tamarack Valley Energy Ltd. ("Tamarack") for the purchase of a newly created gross overriding royalty interest in the Peace River High area of Alberta for total purchase consideration of $32.0 million (the "Royalty Acquisition"). The Royalty Acquisition provides free cash flow growth and enhanced financial sustainability for Topaz while enabling [Read more]
Tamarack Valley Energy Ltd. announces the strategic acquisition of Anegada Oil Corp., a leading Charlie Lake light-oil producer, for total net consideration of $494 million
CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire Anegada Oil Corp. ("Anegada"), a privately held pure play Charlie Lake light-oil producer, for total net consideration of $494 million (the "Acquisition"), after deducting the proceeds from the sale of a 2% newly created gross overriding royalty (the "GORR") on the acquired assets (the "Assets"). The total net [Read more]
AltaGas Ltd. announces monthly dividend
CALGARY, AB - AltaGas Ltd. ("AltaGas or the Company") (TSX: ALA) announced today that the April dividend will be paid on May 17, 2021, to common shareholders of record on April 26, 2021. The ex-dividend date is April 23, 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 [Read more]
Enerplus to report first quarter 2021 results
CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the first quarter of 2021 prior to market open on Friday, May 7, 2021. A results conference call will be hosted by Enerplus' President & CEO, Ian C. Dundas, at 9 AM MST (11 AM EST) to discuss these results. Details of the conference call are noted below. First Quarter of 2021 Results Live Conference Call Details Date: Friday, [Read more]
Canada launches hydrogen strategy steering committee
OTTAWA, ON - The Government of Canada is committed to reaching net-zero emissions by 2050 while strengthening the economy, creating good jobs and supporting our proud energy workers. The Honourable Seamus O'Regan Jr., Minister of Natural Resources, today announced the Hydrogen Strategy Implementation Strategic Steering Committee, which will advance and measure the progress outlined in the Hydrogen Strategy for Canada launched in December 2020. The committee, co-chaired by Natural [Read more]
Inter Pipeline announces April 2021 cash dividend
CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today the declaration of a cash dividend of $0.04 per share for April 2021. This dividend will be paid on or about May 14, 2021 to shareholders of record on April 22, 2021. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $6.2 billion in cash payments to investors. Inter Pipeline's objective is to provide investors with [Read more]
AltaGas Ltd. to issue first quarter 2021 results and to hold virtual annual meeting of shareholders
CALGARY, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) will release its 2021 first quarter financial results on Thursday April 29, 2021 before markets open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments. Time: 8 a.m. MST (10 a.m. EST) Dial-in: 1-647-427-7450 or toll free at 1-888-231-8191 Webcast: https://www.altagas.ca/invest/events-and-presentations Shortly after the [Read more]
Enerplus to acquire strategic Williston Basin assets, updates 2021 guidance and provides five year outlook
CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced that it has entered into a definitive agreement to acquire assets in the Williston Basin from Hess Corporation for total cash consideration of US$312 million (the "Acquisition"). In connection with the Acquisition, the Company has updated its 2021 guidance including an increased production outlook due to operational outperformance year to date. The Company has also provided a five-year outlook [Read more]
Inter Pipeline announces changes to reporting structure and first quarter 2021 results conference call and webcast
CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today it will report first quarter 2021 operating and financial results under a new business structure to align with how it manages budgets and commercially operates its business. Inter Pipeline was previously organized into four businesses: oil sands transportation, conventional oil pipelines, NGL processing and bulk liquid storage. Effective January 1, 2021, these four segments have been repositioned into four new [Read more]
Pembina Pipeline Corporation announces redemption of Series 13 preferred shares, declares dividends, and announces first quarter 2021 results conference call and webcast
CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today its intention to redeem its issued and outstanding Cumulative Redeemable Minimum Rate Reset Class A Preferred Shares, Series 13 (TSX: PPL.PR.M) (the "Series 13 Shares") on June 1, 2021. The Company further announced that its Board of Directors has declared a common share cash dividend for April 2021 of $0.21 per share and quarterly dividends for the Company's preferred [Read more]
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