BOE Report

ARC Resources Ltd. Updates Its 2019 and 2020 Capital Expenditure Plans

CALGARY, June 20, 2019 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Company") announced that its board of directors has approved a reduction to the Company's 2019 capital expenditure program, from $775 million to $700 million. 2020 capital expenditures are expected to be in the range of $550 million to $625 million. "ARC's reduced capital investment levels are consistent with our long-held principles of stewarding low debt, sustainable dividends, and investing capital when it is [Read more]

Trans Mountain Expansion will fund Canada’s future clean economy

OTTAWA, June 18, 2019 /CNW/ - The Prime Minister, Justin Trudeau, today announced that the Government of Canada has approved the Trans Mountain Expansion (TMX) and that every dollar the federal government earns from this project will be invested in Canada's clean energy transition. The environment and the economy go hand-in-hand. When we create prosperity today, we can invest in the clean jobs, technologies, and infrastructure of the future –– and help Canadians benefit from opportunities [Read more]

Trans Mountain approval paves the way for Canada to start competing on the world stage

CALGARY, June 18, 2019 /CNW/ - The Government of Canada's new approval to build the Trans Mountain Expansion Project (TMEP) means Canadian oil will finally gain some access to growing overseas markets. This will enable Canada to receive full value for our natural resources while helping to reduce net global greenhouse gas (GHG) emissions, according to the Canadian Association of Petroleum Producers (CAPP).  TMEP is critical infrastructure that will diversify [Read more]

First Nations Will Ensure Their Rights, Title and Jurisdiction Are Respected in TransMountain Expansion Project – AFN National Chief Bellegarde

OTTAWA, June 18, 2019 /CNW/ - Following the federal government's decision today on the TransMountain pipeline expansion project, Assembly of First Nations (AFN) National Chief Perry Bellegarde says First Nations will ensure their rights, title and jurisdiction are respected and the federal government must respect these rights. "First Nations are not mere stakeholders. We are the rights and title holders and our rights, title and jurisdiction must be respected," said AFN National Chief Perry [Read more]

Eagle Energy Inc. Reports Voting Results from Annual Shareholders’ Meeting

CALGARY, June 18, 2019 /CNW/ - (TSX: EGL):  Eagle Energy Inc. ("Eagle") is pleased to announce that all of the nominees listed in Eagle's management information circular dated May 9, 2019 were elected as directors of Eagle at its annual meeting held today. The detailed results of the vote for the election of directors are as follows: Votes For Votes Withheld Director Number Percentage Number Percentage Richard W. Clark 9,300,417 77.01% 2,776,440 22.99% F. Wayne [Read more]

Canada Action, National Coalition of Chiefs and Progressive Contractors Association of Canada to co-Host tomorrow's Vancouver Rally for TMX Pipeline Approval

CALGARY, June 17, 2019 /CNW/ - Three key organizations will hold a rally in downtown Vancouver tomorrow to support the Trans Mountain Pipeline expansion project (TMX) as the federal cabinet announces its decision on its future. Leading tomorrow's rally will be the National Coalition of Chiefs, whose President, Dale Swampy, describes the group as made up of "pro-development, industry-friendly chiefs… who want to work with industry in order to lift their people [Read more]

TORC Oil & Gas Ltd. Confirms Monthly Dividend for June 2019

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, June 17, 2019 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to confirm that a dividend of $0.025 per common share will be paid on July 15, 2019 to common shareholders of record on June 30, 2019. The ex-dividend date is June 27, 2019, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to [Read more]

ARC Resources Ltd. Confirms Monthly Dividend Amount of $0.05 per Share for July 15, 2019

CALGARY, June 17, 2019 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a monthly dividend amount of $0.05 per share for July 15, 2019 to shareholders of record on June 28, 2019. The ex-dividend date is June 27, 2019. As at June 17, 2019, the trailing 12-month payments to shareholders total $0.60 per share. ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $3.2 billion. ARC's common shares trade on the TSX under the symbol [Read more]

Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for July 15, 2019 Payment Date

CALGARY, June 17, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on July 15, 2019 to all shareholders of record on June 28, 2019. The ex-dividend date for this payment is June 27, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Vermilion Vermilion is an international energy producer that seeks to create value through the [Read more]

Say Yes to TMX and Make it a Pipeline to Reconciliation

CALGARY, June 17, 2019 /CNW/ - An Indigenous-led group that wants to buy a majority interest in the Trans Mountain pipeline and expansion project says the federal government must let the expansion proceed. A decision is expected to be delivered tomorrow. Project Reconciliation says the government should also ensure Indigenous Peoples are included when the time comes to sell the pipeline. "The Trans Mountain pipeline can become a pipeline to reconciliation," said [Read more]