BOE Report

AltaGas announces intention to redeem all outstanding Series I preferred shares

CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces its intention to redeem – in accordance with the terms of the Cumulative Redeemable 5-Year Minimum Rate Reset Preferred Shares, Series I (the "Series I Shares") as set out in the Company's articles – all of its 8,000,000 issued and outstanding Series I Shares on December 31, 2020 (the "Redemption Date") for a redemption price equal to $25.00 per Series I Share, together with all accrued and unpaid dividends to, but [Read more]

CAPP issues statement on Canadian Net-Zero Emissions Accountability Act

CALGARY, AB - In response to the Canadian Net-Zero Emissions Accountability Act introduced by the Government of Canada on November 19, 2020, CAPP issues the following statement: "The Canadian Association of Petroleum Producers is committed to working with the Canadian government to meet emissions reduction objectives, which includes the ambition to achieve net-zero by 2050. This is a 30-year challenge that will have significant impact on all Canadians and require collaboration across [Read more]

CER Recommends approval of NGTL’s Edson Mainline Expansion Project

CALGARY, AB - The Commission of the Canada Energy Regulator (Commission, CER) recommends that the federal Cabinet approve NOVA Gas Transmission Ltd.'s (NGTL) Edson Mainline Expansion Project (Project). The Project involves the construction and operation of approximately 85 km of natural gas pipeline loops in two sections, along with the associated facilities. The Project is needed to increase pipeline capacity and move gas from the Peace River Project Area to growing markets in central and [Read more]

Altura Energy Inc. announces Q3 2020 financial and operating results

CALGARY, AB - Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) announces its financial and operating results for the three and nine months ended September 30, 2020.  The unaudited interim condensed consolidated financial statements and related management's discussion and analysis ("MD&A") are available at www.sedar.com and www.alturaenergy.ca.  Selected financial and operating information for the three and nine months ended September 30, 2020 appear below and should be read in [Read more]

Ovintiv names Meg A. Gentle to Board of Directors

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced that Meg A. Gentle has been named as an independent member of its board of directors, effective December 16, 2020. Gentle, 46, currently serves as the president and chief executive officer of Tellurian, Inc. and as a member of its board of directors. Before joining Tellurian in 2016, she served as CFO and executive vice president of marketing for Cheniere Energy. Gentle graduated from James Madison University and holds an MBA from [Read more]

Headwater Exploration Inc. announces receipt of shareholder written consent for transaction with Cenovus Energy Inc.

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) announces it has received written consents from shareholders holding a majority of the issued and outstanding common shares (the "Common Shares") of Headwater approving the Company's previously announced transaction (the "Transaction") with Cenovus Energy Inc. ("Cenovus"). Pursuant to the Transaction, Headwater will acquire 100% of Cenovus' assets in the Marten Hills area of Alberta. Headwater will issue 50 [Read more]

Surge Energy Inc. announces closing of $40 Million, 4 Year BDC term facility; confirms extension of credit facility maturity to December 31, 2021; receipt of $50.6 Million EDC credit facility commitment

CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has executed definitive agreements with the Business Development Bank of Canada ("BDC"), in partnership with the Company's syndicate of lenders (the "Syndicate"), for a non-revolving facility of $40 million, providing attractive interest rates over a four year term (the "Term Facility"). Surge is also pleased to announce that it has closed an extension of the Company's existing $335 million [Read more]

Vermilion Energy Inc. announces senior leadership changes

CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) announces changes to its senior leadership team. Mr. Michael Kaluza has stepped down as Executive Vice President and Chief Operating Officer ("COO"), effective immediately. We would like to thank Mr. Kaluza for his many contributions to Vermilion over the past seven years. Mr. Dion Hatcher has been appointed to the newly created position of Vice President, North America. Mr. Hatcher [Read more]

Pembina Pipeline Corporation announces conversion results for series 9 preferred shares

CALGARY, AB - Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9 ("Series 9 Shares") (TSX: PPL.PR.I) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 10 of Pembina ("Series 10 Shares") on December 1, 2020. After taking into account all the conversion notices received from holders of its outstanding Series 9 Shares by the November [Read more]

Whitecap Resources Inc. confirms monthly dividend for November of $0.01425 per share

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of November operations will be paid on December 15, 2020 to shareholders of record on November 30, 2020.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is focused on [Read more]