CALGARY, AB, June 4, 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 share. The dividend will be payable on June 30, 2025 to shareholders of record at the close of business on June 16, 2025. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. ELECTION OF DIRECTORS Tourmaline [Read more]
ARC Resources Ltd. announces offering of Senior Unsecured Notes
CALGARY, AB, June 3, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") announced today an offering of C$1.0 billion aggregate principal amount of senior unsecured notes (the "Offering"), consisting of C$550 million aggregate principal amount of 3.577% Senior Unsecured Notes, Series 3 due 2028 (the "Series 3 Notes") and C$450 million aggregate principal amount of 4.409% Senior Unsecured Notes, Series 4 due 2032 (the "Series 4 Notes", together with the Series 3 Notes, the [Read more]
First Ministers’ statement on building a strong Canadian economy and advancing major projects
SASKATOON, SK, June 2, 2025 /CNW/ - "Today, Canada's First Ministers met in Saskatoon, Saskatchewan, to build a stronger, more competitive, and more resilient Canadian economy. This marks the first time that a First Ministers' Meeting has taken place in Saskatchewan in over 40 years. "First Ministers expressed their deep concern regarding the wildfire situations across Canada, including in Manitoba, Saskatchewan, and Alberta, and pledged to continue to provide assistance and support to [Read more]
Source Rock Royalties announces first quarter 2025 results
CALGARY, AB, June 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-month period ended March 31, 2025. First Quarter Highlights: Quarterly royalty production of 232 boe/d (92% oil and NGLs), a decrease of 4% over Q1 2024. Quarterly royalty revenue of $1,676,388, a decrease of 3% over Q1 2024. Quarterly adjusted EBITDA(1) [Read more]
InPlay Oil Corp. Confirms Monthly Dividend for June 2025
CALGARY, AB, June 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 June 30, 2025, to shareholders of record at the close of business on June 16, 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 is [Read more]
Paramount Resources Ltd. Announces June Dividend
CALGARY, AB, June 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 June 30, 2025 to shareholders of record on June 16, 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 Canadian energy [Read more]
MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires
CALGARY, AB, May 31, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) provided an update today on operations at its Christina Lake Regional Project (CLRP) production facilities in response to regional wildfires south of CLRP. As a precautionary measure, MEG Energy has proactively evacuated all non-essential personnel, ensuring the safety of our team while maintaining critical operating staff on site. The wildfire caused an outage to third-party power line [Read more]
Fiddlehead Resources Corp. announces Q1 2025 financial results
CALGARY, AB, May 30, 2025 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead," or the "Company") (TSXV: FHR), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2025. Selected financial and operating information should be read in conjunction with Fiddlehead's unaudited consolidated financial statements and related management's discussion and analysis ("MD&A") for the three months ended Mar. 31, 2025 and 2024 ("2025 Q1 [Read more]
MEG Energy Urges Shareholders to Take NO ACTION with Respect to Unsolicited Takeover Bid by Strathcona Resources
CALGARY, AB, May 30, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) acknowledges the commencement by Strathcona Resources Ltd. ("Strathcona") of a conditional, unsolicited takeover bid (the "Offer") to acquire all of the issued and outstanding MEG common shares not already owned by Strathcona or its affiliates. The MEG Board of Directors (the "Board"), together with its financial and legal advisors, will consider and evaluate the Offer and related takeover [Read more]
Logan Energy Corp. announces commissioning of Pouce Coupe Facility and closing of previously announced facility interest sale
CALGARY, AB, May 30, 2025 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan") is pleased to announce completion of construction and commissioning of its 40 mmcf/d Pouce Coupe 04-19 gas plant, compressor station and oil battery (the "Pouce Coupe Facility") as well as associated gas gathering and sales pipelines in the area. In connection with commissioning, the Company today closed the previously announced sale of a 35% non-operated working interest in the Pouce Coupe Facility to Topaz Energy Corp. [Read more]
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