BOE Report

Tidewater Midstream and Infrastructure provides an update on renewable energy initiatives

CALGARY, AB - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") is pleased to provide an update on various renewable energy initiatives it has been undertaking over the past 6-12 months.  These initiatives include opportunities in renewable diesel, co-processing, renewable hydrogen, blue hydrogen, renewable natural gas, carbon capture, and other various renewable energy projects (together the "Renewable Initiatives"). Renewable Diesel and Renewable Hydrogen [Read more]

Keyera announces March 2021 dividend

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today a cash dividend for March 2021 of 16.00 cents per common share. The dividend will be payable on April 15, 2021, to shareholders of record on March 22, 2021. The ex-dividend date is March 19, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX:KEY) operates [Read more]

Tourmaline delivers earnings of $618.3 million in 2020, adds 826 MMboe of 2P reserves and increases dividend for Q1 2021

CALGARY, AB - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth quarter of 2020 as well as 2020 reserves. HIGHLIGHTS Achieved record production in Q4 2020, exiting 2020 producing in excess of 400,000 boepd. Achieved a record 2P reserve addition of 826.0 mmboe in 2020 with finding, development and acquisition ("FD&A") costs of $3.80/boe, including changes in future development capital [Read more]

Headwater Exploration Inc. announces 2020 reserves, fourth quarter and year end 2020 operating and financial results and operations update

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX:HWX) announces its operating and financial results for the three months and year ended December 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with the audited 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 website at www.headwaterexp.com. In addition, [Read more]

Enerplus closes acquisition of Bruin

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced that it has closed its previously announced acquisition of Bruin E&P HoldCo, LLC ("Bruin"), a pure play Williston Basin private company, for a total cash purchase price of US$465 million, subject to normal purchase price adjustments. The purchase price was funded by Enerplus fully drawing its new three-year US$400 million term facility, along with a portion of the proceeds from Enerplus' [Read more]

Keyera Corp. announces closing of $350 million hybrid note offering

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it has closed its previously announced Canadian offering of $350 million of 5.95% fixed-to-fixed rate subordinated notes due March 10, 2081. The offering was announced on March 8, 2021.  The notes were offered through an underwriting syndicate co-led by CIBC Capital Markets and RBC Dominion Securities Inc. under Keyera's Short Form Base Shelf Prospectus dated November 15, 2019, as supplemented by a Prospectus Supplement [Read more]

ARC Resources Ltd. announces the closing of its offering of senior unsecured notes

CALGARY, AB  - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Company") announced today it has successfully closed its previously announced offering of Cdn$1.0 billion aggregate principal amount of senior unsecured notes (the "Offering"), consisting of Cdn$450 million aggregate principal amount of 2.354% Senior Unsecured Notes, Series 1 due 2026 (the "Series 1 Notes") and Cdn$550 million aggregate principal amount of 3.465% Senior Unsecured Notes, Series 2 due 2031 (the "Series 2 Notes", together [Read more]

Journey Energy Inc. reports its 2020 year-end results

CALGARY, AB - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its 2020 reserves, operating and financial results.  The complete set of financial statements and management discussion and analysis for the year ended December 31, 2020 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for 2020: Produced 8,074 boe/d (46% oil and NGL's) in the fourth quarter and 8,379 boe/d (46% oil and NGL's) for the [Read more]

Bonterra Energy Corp. announces fourth quarter and year end 2020 results and reserves

CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2020 and provide summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, 2020.  The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year [Read more]

Perpetual Energy Inc. announces extension of term loan

CALGARY, AB – Perpetual Energy Inc. ("Perpetual" or the "Company") announced today that the maturity date applicable to the Company's second lien Term Loan has been extended to May 14, 2021. The extension of the second lien Term Loan, and the previously announced extension of the Company's first lien revolving credit facility, provides additional time to finalize negotiations with its lenders and for the Company to explore opportunities to enhance its liquidity. If the Company's revolving credit [Read more]