BOE Report

Mining Association of Canada Responds to US Tariff Action Against Canada

OTTAWA, ON, Feb. 2, 2025 /CNW/ - Pierre Gratton, President & CEO of The Mining Association of Canada, issued the following statement in response to the decision by President Trump to impose tariffs on all Canadian products destined to the United States: "Canada has long been a dependable partner, providing certainty to U.S. manufacturing and defense industries by serving as a major supplier of minerals and metals. In 2022, 52% of Canada's mineral exports—valued at over $80 billion—were [Read more]

Secure announces timing of fourth quarter and year-end results

CALGARY, AB, Jan. 31, 2025 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE" or the "Corporation"), announced today that it expects to release its 2024 fourth quarter and year-end financial and operating results before markets open on Friday, February 21, 2025. Financial Statements and Management's Discussion and Analysis will be posted to SECURE's website and SEDAR+ following the release. SECURE will host a conference call Friday, February 21, 2025, at 9:00 a.m. MST to discuss the fourth [Read more]

Paramount Resources Ltd. Announces Closing of Asset Sale, Declaration of Special Distribution, Amended $500 Million Credit Facility and Operational and Development Update

CALGARY, AB, Jan. 31, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce: the closing of its previously announced asset disposition to Ovintiv Inc. (the "Transaction"); the declaration of a special cash distribution of $15.00 per class A common share ("Common Share"); the entering into of an amended $500 million four-year financial covenant-based revolving bank credit facility; estimated fourth quarter sales volumes and annual [Read more]

Keyera Announces Timing of 2024 Year End Results Conference Call and Webcast

CALGARY, AB, Jan. 30, 2025 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its year end 2024 results before markets open on Thursday, February 13, 2025. The release will be followed by a conference call and webcast that have been scheduled for Thursday, February 13, 2025, at 8:00 AM Mountain Time (10:00 AM Eastern Time). The conference call dial-in number is 1-888-510-2154 or 1-437-900-0527. A recording of the conference call will be available for replay [Read more]

Spartan Delta Corp. announces closing of previously announced upsized equity offering and updated guidance for 2025

CALGARY, AB, Jan. 30, 2025 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to announce the closing of its previously announced upsized bought deal equity financing, including the full exercise of the over-allotment option (the "Equity Offering"). Pursuant to the Equity Offering, the Company issued a total of 25,589,800 common shares ("Common Shares") of Spartan at a price of $3.82 per Common Share for gross proceeds of approximately $97.8 million (including the [Read more]

Western Energy Services Corp. announces retirement of Chief Executive Officer

CALGARY, AB, Jan. 30, 2025 /CNW/ - Western Energy Services Corp. (the "Company" or "Western") (TSX: WRG) announces that Alex R.N. MacAusland, President and Chief Executive Officer of Western, has decided to retire from his roles at the Company, including as a director of Western, effective immediately. Mr. MacAusland was a founder of Western and has served as Chief Executive Officer since 2013. He has served as an officer at Western and its predecessors for almost 20 years. Mr. [Read more]

Shell increases interest in Scotford upgrader and Quest CCS facility and fully exits oil sands

CALGARY, AB, Jan. 29, 2025 /CNW/ -- Shell Canada Limited and affiliates ("Shell") and Canadian Natural Resources Limited (Canadian Natural) had agreed to a provision in the 2017 Athabasca Oil Sands Project ("AOSP") transaction, where Shell will swap its remaining 10 per cent interest in the Albian mines in exchange for an additional 10 per cent interest in the Scotford upgrader and Quest Carbon Capture and Storage (CCS) facility. Post deal completion, Shell will have a 20 per cent interest in [Read more]

Paramount Resources Ltd. Announces Special Meeting Voting Results and Asset Sale Update

CALGARY, AB, Jan. 29, 2025 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that the holders (the "Shareholders") of its class A common shares (the "Common Shares") have today approved a special resolution authorizing a reduction in the stated capital of the Common Shares to enable the Company to make a return of capital in cash to the Shareholders.  The special resolution was approved by the holders of 112,331,957 Common Shares, representing [Read more]

Strathcona Announces Q4 2024 Conference Call

CALGARY, AB, Jan. 29, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) will release its fourth quarter 2024 financial and operating results after market close on March 5, 2025. Strathcona will host a conference call on March 6, 2025, starting at 9:00AM MT (11:00AM ET), to review the Company's fourth quarter 2024 results. Date: Thursday, March 6, 2025 Time: 11:00AM ET (9:00AM MT) URL Entry: [Read more]

Bonterra Energy Announces Closing of $135 Million Senior Secured Second Lien Note Offering

CALGARY, AB, Jan. 28, 2025 /CNW/ - Bonterra Energy Corp. (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce the closing of its previously announced private placement offering (the "Offering") of $135 million aggregate principal amount of Senior Secured Second Lien Notes due 2030 (the "Notes"). The Notes were priced at $981.16 per $1,000 of principal amount of Notes, will accrue interest at the rate of 10.50% per annum and will have a five year term, maturing on January 28, 2030. The [Read more]