BOE Report

Enerplus closes previously announced bought deal offering of common shares

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) is pleased to announce that it has closed the equity offering (the "Offering") previously announced on January 25, 2021. Upon closing of the Offering, a total of 33,062,500 Common Shares ("Common Shares") were issued at a price of C$4.00 per Common Share for gross proceeds of C$132,250,000. This includes 4,312,500 Common Shares issued pursuant to the exercise by the underwriters of the over-allotment option [Read more]

MEG Energy announces closing of its offering of senior unsecured notes

CALGARY, AB  - MEG Energy Corp. ("MEG" or the "Company") (TSX: MEG) today announced that it has successfully closed its previously announced offering (the "offering") of US$600 million in aggregate principal amount of 5.875% senior unsecured notes due February 2029 (the "notes"). MEG intends to use the net proceeds of the offering, together with cash on hand, (i) to redeem in full US$600 million in aggregate principal amount of its 7.00% senior unsecured notes due March 2024 (the "2024 [Read more]

AltaGas announces Board of Director transition

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces the appointment of a new Independent Director, Jon-Al Duplantier, effective today and the planned retirement of Allan Edgeworth from the Board effective upon the conclusion of AltaGas' next Annual General Meeting of shareholders, to be held in late April of this year. Mr. Duplantier is a recently retired executive who comes with more than 25 years of experience across the energy value chain. Most recently Jon-Al [Read more]

Osum provides update on steps to maximize value and addresses Waterous press release

CALGARY, AB - 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"), as well as address misleading statements in a recent press release issued by WEF. Gap Between the Hostile Bid and the Value of Osum's Shares has Widened As set out in the Directors' Circular dated November 18, 2020, Osum's special [Read more]

Crew Energy Inc. provides operations update highlighted by strong production gains and robust capital efficiencies

CALGARY, AB - Crew Energy Inc. (TSX: CR) ("Crew" or the "Company") is pleased to provide an update on the progress and achievements realized following the announcement of our innovative 2021 and 2022 asset development plan, released on Dec. 10, 2020. We are also pleased to provide production estimates for Q4/20 and full year 2020, along with current production levels and details on our recent drilling and completion activities. Crew's pivotal two-year plan is designed to expand margins and [Read more]

Altura Energy Inc. announces the closing of a previously announced asset disposition, operational update and 2021 capital program

CALGARY, AB - Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) is pleased to announce a January 29, 2021 asset disposition, an operational update and its capital program for 2021. ASSET DISPOSITION Altura has agreed to amend the payment schedule in respect to the previously announced disposition to a private company and divested of a 0.6875% working interest for $437,500 on January 29, 2021.  The payment schedule is as follows: Stage Closing [Read more]

Waterous Energy Fund announces that the Alberta Securities Commission dismissed Osum’s application in its entirety and reports that its take-over bid for Osum has received overwhelming shareholder support

CALGARY, AB - Waterous Energy Fund ("WEF") is very pleased to announce three important updates with respect to WEF's take-over bid (the "Bid", or the "Offer") of Osum Oil Sands Corp. ("Osum", or the "Company"): The Alberta Securities Commission ("ASC") Ruled in Favor of WEF and Against Osum Today, the Alberta Securities Commission dismissed, in its entirety, the application of Osum for a cease-trade order made on December 3, 2020. The Offer remains open in accordance with its terms and [Read more]

Enerplus to report fourth quarter and full-year 2020 results & reserves

CALGARY, AB - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the fourth quarter and full-year 2020 prior to market open on Friday, Feb. 19, 2021. A results conference call will be hosted by Enerplus' President & CEO, Ian C. Dundas, at 9 a.m. MST (11 a.m. ET) to discuss these results. Details of the conference call are noted below. Fourth Quarter & Full-Year 2020 Results Live Conference Call [Read more]

Bonterra Energy Corp. reiterates recommendation for shareholders to reject the hostile bid by taking no action

Custodians reporting holdings indicated under 1% of Bonterra's shares have been tendered Close to 40% of Bonterra shareholders continue to advise the Company they will NOT tender their shares Second amendment to extend the offer demonstrates the continued failure of the Hostile Bid Shareholders need to take no action to REJECT the offer CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") and its Board of Directors reiterates the [Read more]

Inter Pipeline announces 2020 year end conference call and webcast

CALGARY, AB - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) will announce its year-end and fourth quarter 2020 financial and operating results on February 18, 2021. A conference call and webcast have been scheduled for February 19, 2021 at 11:00 a.m. MT (1:00 p.m. ET) for interested shareholders, analysts, and media representatives. To participate in the conference call, please dial 1 (888) 231-8191. The conference ID is 5296602. A replay of the conference call will be available until [Read more]