BOE Report

Keyera Corp. announces 2020 year end results

CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced its 2020 year-end financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera's website at www.keyera.com. To view the MD&A and financial statements, visit either Keyera's website or Keyera's filings on SEDAR at www.sedar.com. Corporate Highlights   Keyera delivered adjusted earnings before interest, taxes, depreciation, and amortization [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 April 15, 2021 to shareholders of record at the close of business on April 1, 2021. Westcoast Energy Inc. is an indirect subsidiary of Enbridge Inc. Enbridge Inc. is a [Read more]

Inter Pipeline announces February 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 February 2021. This dividend will be paid on or about March 15, 2021 to shareholders of record on February 23, 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 [Read more]

Crew Energy announces year end 2020 reserves highlighted by strong metrics for proved developed producing category

CALGARY, AB - Crew Energy Inc. (TSX: CR) (OTC: CWEGF) of Calgary, Alberta ("Crew" or the "Company") is pleased to provide highlights from our independent corporate reserves evaluation prepared by Sproule Associates Ltd. ("Sproule") with an effective date of December 31, 2020 (the "Sproule Report"). 2020 RESERVES HIGHLIGHTS Highlights of our proved developed producing ("PDP"), total proved ("1P") and total proved plus probable ("2P") reserves from the Sproule Report are provided below. [Read more]

Paramount Resources Ltd. provides production & operations update and announces non-core asset dispositions

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to report that fourth quarter 2020 sales volumes averaged approximately 73,000 Boe/d (42% liquids), ahead of guidance of 70,000 Boe/d to 72,000 Boe/d. December 2020 sales volumes averaged approximately 78,000 Boe/d (43% liquids). At Karr, fourth quarter sales volumes benefitted from the addition of five new wells (three Upper Montney and two Middle Montney) at the 5-16 West pad, which were brought [Read more]

Journey Energy Inc. Announces Revised Closing Date for Countess Asset Sale

CALGARY, AB, Feb. 5, 2021 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") reports that its previously announced disposition (see press release dated October 30, 2020) of its Countess area assets has been mutually deferred with the purchaser to a new closing date of February 16, 2021.  In addition, an amendment to the credit agreement with Alberta Investment Management Corporation has been executed to extend the maturity date of the $15 million tranche of term [Read more]

AltaGas Ltd. to issue fourth quarter and full year 2020 results

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) will release its 2020 fourth quarter and year-end financial results on Friday, February 26, 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: 9 a.m. MST (11 a.m. ET) Dial-in: 1-647-427-7450 or toll free at [Read more]

Osum updates timeline for independent valuation and corporate sale process and reminds shareholders there is no need to tender at this time

CALGARY, Feb - Osum Oil Sands Corp. ("Osum" or the "Company") wishes to update shareholders on matters related to the hostile bid for the Company announced by Waterous Energy Fund ("Waterous" or "WEF") on November 2, 2020 (the "Hostile Bid" or "WEF Offer"). Specifically, Osum anticipates: The results of the independent valuation will be available to be released to shareholders on or about February 16, 2021. The outcome of the corporate sale process is expected to be known within a [Read more]

Waterous Energy Fund addresses Osum’s press release and reaffirms strong shareholder support

CALGARY, AB - Waterous Energy Fund ("WEF") addresses the continued efforts taken by Osum Oil Sands Corp. ("Osum", or the "Company") to obstruct the ability of Osum's shareholders to achieve liquidity through WEF's offer (the "Bid", or the "Offer") as outlined in Osum's press release on February 1, 2021. WEF Reaffirms the Strong Shareholder Support It Has Received Shareholder support for WEF's bid has increased since the ruling of the Alberta Securities Commission ("ASC") dismissing [Read more]

Pembina Pipeline Corporation declares common share dividend

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for February 2021 of $0.21 per share to be paid, subject to applicable law, on March 15, 2021 to shareholders of record on February 25, 2021. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified [Read more]