BOE Report

Shell completes acquisition of combined-cycle power plant in priority U.S. trading market

HOUSTON, Jan. 24, 2025 /CNW/ -- Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has completed the previously announced 100% equity stake acquisition of RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA. This acquisition maintains SENA's position in the deregulated Independent System Operator New England (ISO New England) power market, securing long-term supply and [Read more]

Kiwetinohk announces appointment of new director and management update

CALGARY, AB, Jan. 22, 2025 /CNW/ - Kiwetinohk Energy Corp. (TSX: KEC) ("Kiwetinohk" or the "Company") is pleased to announce the appointment of Ms. Alicia Kilmer to the Company's Board of Directors, effective January 22, 2025. New director announcement Ms. Kilmer was recently appointed Vice-President, Strategic Planning & Development at Tundra Oil & Gas and is the owner of AMK Strategy Consulting, where she collaborates with executive teams to enhance decision-making and [Read more]

Bonterra Energy Announces Private Offering of $135 Million Senior Secured Second Lien Notes

CALGARY, AB, Jan. 16, 2025 /CNW/ - Bonterra Energy Corp. (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce that it has entered into an underwriting agreement to issue and sell $135 million of five year, 10.50% Senior Secured Second Lien Notes due 2030 (the "Notes") by way of private placement (the "Offering"). The Offering is being underwritten by CIBC Capital Markets and ATB Capital Markets, as joint active bookrunners, in a syndicate that includes RBC Capital Markets as joint [Read more]

SOURCE ROCK ROYALTIES DECLARES MONTHLY DIVIDEND

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB, Jan. 15, 2025 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on February 14, 2025 to shareholders of record on January 31, 2025. This dividend is designated as an "eligible dividend" [Read more]

Surge Energy Inc. confirms February 2025 dividend

CALGARY, AB, Jan. 15, 2025 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 18, 2025, in respect of January 2024 production, for the shareholders of record on January 31, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow [Read more]

Clearview Resources Ltd. provides corporate update and announces a distribution to shareholders

CALGARY, AB, Jan. 14, 2025 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to provide the following corporate update and declaration of a special distribution by return of capital. OPERATIONS As previously disclosed, production downtime due to unscheduled third-party turnarounds and maintenance continued from the third quarter of 2024 into October and November. This downtime primarily affected liquids-rich natural gas production with the benchmark [Read more]

Tamarack Valley Energy Announces Monthly Dividend Declaration and NCIB Renewal

CALGARY, AB, Jan. 14, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend and renewal of its normal course issuer bid ("NCIB"). Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares ("Common Shares") of C$0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on February 14, 2025, to [Read more]

Tidewater Midstream and Infrastructure Ltd. announces Director retirement

(TSX: TWM) CALGARY, AB, Jan. 7, 2025 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) announces that Gail Yester has retired from the Corporation's Board of Directors (the "Board"), effective December 31, 2024. Tidewater thanks Ms. Yester for her valuable contributions to the Board over the past years and wishes her all the best in her future endeavors. The Board is currently evaluating alternatives with respect to the appointment of an [Read more]

AltaGas appoints Derek Evans to its Board of Directors

CALGARY, AB, Jan. 7, 2025 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces the appointment of Derek Evans as a new Independent Director, effective today. Mr. Evans will serve as a member of AltaGas' Audit Committee and its Environment, Health and Safety Committee. With Mr. Evans' appointment, AltaGas increased the size of the Board of Directors ("Board") to 11 members. Mr. Evans is an industry veteran and distinguished leader in the energy sector with more than four [Read more]

Headwater Exploration Inc. provides fourth quarter production results and entrance into a new operating area

CALGARY, AB, Jan. 6, 2025 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to report fourth quarter average production volumes of approximately 21,500 BOE/d and significant land expansion in the Clearwater fairway. Greater Pelican Area Headwater is excited to announce a new partnership with the Bigstone Cree Nation ("BCN").  A new farmout agreement supported by the Chief and Council of the BCN contemplates Headwater drilling up to four commitment [Read more]