CALGARY, AB, July 7, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to provide an operations update on its first half of 2025. OPERATIONS UPDATE Spartan continues to execute on its corporate strategy by significantly growing corporate liquids production as it develops its West Shale Basin Duvernay (the "Duvernay") asset, while generating Free Funds Flow from its liquid-rich natural gas asset in the Deep Basin. In the first half of 2025 the Company ran a [Read more]
Highwood Asset Management Ltd. announces expanded credit facility to $140 million, operational and guidance update and commencement of 2H2025 drilling program
CALGARY, AB, July 3, 2025 /CNW/ - Credit Facility Update Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. As a result of another successful drilling program that delivered significant PDP reserves growth, the borrowing base has been increased from $120 million to $140 million, comprised of a $10 million operating facility and $130 [Read more]
Tidewater Midstream and Infrastructure Ltd. announces agreement to sell Sylvan Lake Gas Processing Facility to Parallax Energy Operating Inc.
(TSX: TWM) CALGARY, AB, July 3, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has entered into a definitive agreement with Parallax Energy Operating Inc. ("Parallax") for the sale of its Sylvan Lake gas plant and associated gas gathering infrastructure (collectively, the "Sylvan Lake Gas Processing Facility") for total proceeds of approximately $5.5 million, subject to customary adjustments (the [Read more]
Strathcona Resources Ltd. Confirms Closing of Sale of Montney Business and Provides Update on MEG Strategic Alternatives Process
CALGARY, AB, July 2, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) is pleased to confirm the closing of its previously announced Montney asset sales, for total value of approximately $2.86 billion including closing adjustments(1). The sale of its Groundbirch asset closed on June 1, 2025, and the sale of its Kakwa and Grande Prairie assets closed today. Strathcona is now a pure-play heavy oil company producing approximately 120 Mbbls / d (100% [Read more]
ARC Resources Ltd. announces the closing of its Montney acquisition
CALGARY, AB, July 2, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announces that it has closed its previously announced agreement to acquire condensate-rich Montney assets in the Kakwa region in Alberta (the "Assets") from Strathcona Resources Ltd. in an all-cash transaction valued at approximately $1.6 billion(1) (the "Transaction"). The Assets are underpinned by a substantial drilling inventory and include owned and operated infrastructure, reinforcing [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for July 2025
CALGARY, AB, July 2, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to confirm that its Board of Directors has declared a monthly cash dividend of $0.09 per common share payable on July 31, 2025, to shareholders of record at the close of business on July 15, 2025. The monthly cash dividend is expected to be designated as an "eligible dividend" for Canadian federal and provincial income tax purposes. About InPlay Oil Corp. InPlay [Read more]
Paramount Resources Ltd. Announces Renewal of Normal Course Issuer Bid and July Dividend
CALGARY, AB, July 2, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice to renew its normal course issuer bid ("NCIB") for its class A common shares ("Common Shares"). The renewal of the NCIB provides the Company with the continued flexibility to increase shareholder returns through the repurchase of Common Shares at times when management believes that the market [Read more]
First cargo leaves LNG Canada
CALGARY, AB, June 30, 2025 /CNW/ -- Shell Canada Energy, an affiliate of Shell plc ("Shell"), announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has the largest working interest in the LNG Canada joint venture. Located in Kitimat, British Columbia, the facility will export LNG from two processing units or "trains" with total capacity of 14 million tonnes per annum (mtpa). "LNG Canada grows our [Read more]
First Cargo Puts Canada on the Map of LNG Exporting Nations
KITIMAT, BC, June 30, 2025 /CNW/ - LNG Canada has successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada's first large-scale LNG export facility. The new LNG Canada export facility is located in Kitimat, British Columbia, in the traditional territory of the Haisla Nation. It is a long-life asset that will initially export LNG from two processing units or "trains" with a total capacity of 14 million tonnes [Read more]
Fiddlehead Resources announces amended credit agreement, Ferrier adjusted purchase price reduction and Cynthia acquisition update
CALGARY, AB, June 26, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead" or the "Company") (TSXV: FHR), is pleased to announce the amendment and extension of its existing credit agreement with its current lender. The credit agreement has been amended, effective June 24, 2025, to refinance the current outstanding debt of C$12.6 million, previously set to mature November 30, 2025 for a term of eighteen months, with monthly interest payments and no fixed required amortization or principal [Read more]
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