BOE Report

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]

InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors

CALGARY, AB , June 25, 2025 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announced today the voting results for the election of directors at its annual meeting of shareholders held on June 25, 2025 (the "Meeting"). The following eight nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of individual [Read more]

Kiwetinohk announces formal business strategy review

CALGARY, AB, June 23, 2025 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) ("Kiwetinohk" or the "Company") announces that it has launched a formal business strategy review to evaluate a range of potential value enhancing opportunities with a focus on the Company's upstream assets and an orderly exit from its power business. There can be no assurance that this process will result in any transaction or other strategic outcome. Kiwetinohk does not intend to disclose further developments [Read more]

Competition Bureau reaches agreement with Canadian energy company to preserve competition in the oil and natural gas industry

GATINEAU, QC, June 20, 2025 /CNW/ - The Competition Bureau has reached a consent agreement with Canadian Natural Resources Limited to address competition concerns related to its proposed acquisition of Schlumberger N.V.'s (SLB) interest in the Palliser Block joint venture. These assets include SLB's 87.5% interest in 16 natural gas processing plants in southeastern Alberta. The Bureau found that the proposed transaction would likely result in a significant increase in market concentration in [Read more]