CALGARY, AB, Sept. 4, 2025 /CNW Telbec/ - Strathcona Resources Ltd. ("Strathcona") confirmed that it has purchased 6,035,600 common shares ("MEG Shares") of MEG Energy Corp. ("MEG") today for aggregate consideration of approximately $172.7 million, in accordance with applicable securities laws. The average price paid for all MEG Shares purchased by Strathcona since the commencement of the Offer (as defined below) in accordance with applicable securities laws is $28.63 per MEG Share. The [Read more]
Westgate Energy provides acquisition update
CALGARY, AB, Sept. 4, 2025 /CNW/ - Westgate Energy Inc. ("Westgate" or the "Company") (TSXV: WGT), is providing an update on the previously announced acquisition of assets in East-Central Alberta (the "Moonshine Acquisition") from a private oil and gas company (the "Vendor"). Acquisition Update The Company has not obtained certain third-party approvals and consents required to close the Moonshine Acquisition. Accordingly, the Company has notified the Vendor that it was unable [Read more]
ARC Resources Ltd. receives TSX approval for renewal of Normal Course Issuer Bid
CALGARY, AB, Sept. 4, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today that the Toronto Stock Exchange ("TSX") has accepted the notice filed by ARC to commence a normal course issuer bid ("NCIB"). The NCIB allows ARC to purchase up to 57,967,896 of its outstanding common shares ("Common Shares"), representing 10 per cent of its public float, over a 12-month period, commencing September 8, 2025. The NCIB complements ARC's sustainable and growing [Read more]
Strathcona Resources Ltd. Provides Update on Form of $2.1 Billion Special Distribution
CALGARY, AB, Sept. 3, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona") announced today the anticipated form of the previously disclosed $2.142 billion special distribution (the "Special Distribution") on all of the issued and outstanding Strathcona common shares ("Strathcona Shares"). The Special Distribution is expected to be completed as part of a statutory plan of arrangement that would entitle Strathcona shareholders to receive the Special Distribution as a dividend or, [Read more]
Tourmaline declares quarterly dividend
CALGARY, AB, Sep. 2, 2025 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.50 per common share. The dividend will be payable on September 29, 2025 to shareholders of record at the close of business on September 15, 2025. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader [Read more]
Source Rock Royalties announces second quarter 2025 results
CALGARY, AB, Sept. 2, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil focused royalties, announces results for the three and six month periods ended June 30, 2025. Second Quarter Highlights: Quarterly royalty production of 237 boe/d (93% oil and NGLs), a decrease of 6% over Q2 2024. Quarterly royalty revenue of $1,526,025, a decrease of 27% over Q2 2024. Quarterly adjusted [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for September 2025
CALGARY, AB, September 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 September 30, 2025, to shareholders of record at the close of business on September 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 [Read more]
Enbridge Announces Two Gas Transmission Projects as it Continues to Capitalize on Growing Natural Gas Demand
CALGARY, AB, Sept. 2, 2025 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it has reached a final investment decision on two attractive Gas Transmission projects. The Company signed commercial agreements for the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement) which is expected to increase deliveries on Algonquin Gas Transmission pipeline to existing Local Distribution Company (LDC) customers in the U.S. Northeast. In [Read more]
Paramount Resources Ltd. Announces September Dividend
CALGARY, AB, Sept. 2, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on September 29, 2025 to shareholders of record on September 15, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-rich natural gas focused [Read more]
AltaGas announces intention to redeem all outstanding Series A and Series B Preferred Shares
CALGARY, AB, Aug. 29, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA.PR.A) (TSX: ALA.PR.B) announces its intention to redeem all of its 6,746,679 issued and outstanding Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A (the "Series A Shares") and all of its 1,253,321 issued and outstanding Cumulative Redeemable Floating Rate Preferred Shares, Series B (the "Series B Shares" and, together with the Series A Shares, the "Preferred Shares") in accordance with the [Read more]
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