BOE Report

Tourmaline and Topaz announce the closing of $345 million bought deal secondary offering of Topaz common shares

CALGARY, AB, Dec. 11, 2024 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Selling Shareholder") and Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") announced today the closing of the previously announced secondary offering (the "Offering") of common shares of the Company (the "Common Shares"). Pursuant to the Offering, the Selling Shareholder sold 10,800,000 Common Shares in addition to 1,620,000 Common Shares sold pursuant to the exercise in full of an [Read more]

Parkland’s Burnaby Refinery becomes the first to successfully produce low carbon aviation fuel in Canada

VANCOUVER, BC, Dec. 10, 2024 /CNW/ - Parkland announced it has successfully produced Canada's first batch of low carbon aviation fuel at its Burnaby Refinery. With support from the Government of British Columbia, this is a major step toward delivering a Canadian-made solution that can help lower aviation sector emissions, foster economic growth, and support the low-carbon ambitions of British Columbia and Canada. "Parkland is thrilled to demonstrate its leadership and proven [Read more]

Freehold Royalties Announces Upsize to Previously Announced Equity Financing

CALGARY, AB, Dec. 10, 2024 /CNW/ - Freehold Royalties Ltd. (Freehold or the Company) (TSX: FRU) is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. (the Underwriters) to increase the size of its previously announced bought-deal equity financing (the Equity Financing) from $125.1 million to $150 million. The Underwriters have agreed to purchase for resale to the [Read more]

Advantage Announces 2025 Budget and Updated Three-Year Plan

CALGARY, AB, Dec. 10, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to announce its 2025 budget and provide an updated three-year plan. Advantage's 2025 capital program continues our focus on growing adjusted funds flow ("AFF")a per share via high rate-of-return development drilling. Production is expected to increase by approximately 16% in 2025, reflecting an organic growth rate of 9% plus a full year of incremental production associated with assets [Read more]

Keyera Provides 2024 – 2027 Growth Target, Business Update and 2025 Guidance

CALGARY, AB, Dec. 10, 2024 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") is pleased to provide a business update and 2025 guidance. View PDF Keyera Provides 2024 – 2027 Growth Target, Business Update and 2025 Guidance (CNW Group/Keyera Corp.) "Keyera continues to leverage the strength of its integrated asset base to deliver value for customers while driving strong returns for shareholders," said Dean Setoguchi, President and CEO. "With a strong outlook for [Read more]

Freehold Royalties Announces Strategic Midland Basin Royalty Acquisition and Bought Deal Equity Financing

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the financing will be accessible through SEDAR+ within two business days CALGARY, AB, Dec. 9, 2024 /CNW/ - Freehold Royalties Ltd. (Freehold or the Company) (TSX: FRU) has entered into a definitive agreement with a private seller to acquire mineral title and royalty interests in the core of the Midland Basin in Texas (the Acquisition or the Acquired Assets) for [Read more]

Topaz Energy Corp. announces filing of short form prospectus

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ THE PROSPECTUS IS ACCESSIBLE THROUGH SEDAR+ CALGARY, AB, Dec. 5, 2024 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") announces today that it has filed and been receipted for a (final) short form prospectus (the "Prospectus") in each of the provinces of Canada, other than Quebec. The Prospectus was filed in connection with Topaz's previously announced secondary offering of common shares as [Read more]

Headwater Exploration Inc. announces dividend increase, 2025 budget and operations update

CALGARY, AB, Dec. 5, 2024 /CNW/ - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce a 10% increase to the quarterly dividend beginning in 2025, preliminary 2025 budget and operations update. DIVIDEND INCREASE AND PRELIMINARY 2025 BUDGET Beginning in 2025, the quarterly dividend will increase to $0.11 per common share representing a 6.3% yield at a $7.00 common share price. Success in secondary recovery efforts along with positive exploration [Read more]

Tamarack Valley Energy announces 2025 corporate budget

TSX: TVE CALGARY, AB, Dec. 4, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce its 2025 capital and operating budget. The 2025 budget continues to generate free funds flow(1) in support of ongoing returns to shareholders, and further investment to capture value across Tamarack's significant asset base. Highlights of the 2025 Budget Production Growth and Capital Allocation – Budgeted capital of $430MM – $450MM expected [Read more]

Enbridge appoints new Director to its Board

CALGARY, AB, Dec. 3, 2024 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) is pleased to announce that its Board of Directors has appointed Douglas L. Foshee as a Director of Enbridge, effective January 1, 2025. Mr. Foshee has more than 40 years of energy industry experience, including as Chair, President and CEO of El Paso Corporation from 2003 to 2012, as CFO and then COO of Halliburton Company from 2001 to 2003, and as Chair, President and CEO of Nuevo Energy from 1996-2001. "On behalf of [Read more]