BOE Report

AltaGas announces conversion of Series H shares

CALGARY, AB, Sept. 30, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announces that 1,114,177 Cumulative Redeemable Floating Rate Preferred Shares, Series H (the "Series H Shares") (TSX: ALA.PR.H) were converted into Cumulative Redeemable Five-Year Rate Reset Preferred Shares, Series G (the "Series G Shares") (TSX: ALA.PR.G) on a one-for-one basis today (the "Conversion Date"). This included 883,163 Series H Shares tendered for conversion to Series G Shares prior to the [Read more]

White Tundra Petroleum announces corporate update and operational update of its oil & gas properties in Loyalist and Wildunn, Alberta

LLOYDMINSTER, AB, Sept. 30, 2024 /CNW/ - White Tundra Petroleum Ltd. is pleased to announce completion of workover and production optimization activities on both its Loyalist and Wildunn properties, which has resulted in production over the last 7 days (September 23, 2024 through September 29, 2024) averaging 142 boe/d consisting of 84 barrels of oil per day and 328 mcf/d of gas. Loyalist asset work comprised of reactivations on 2 wells in February 2024, followed by 3 workovers on [Read more]

Skye Asset Retirement Expands Alberta Portfolio with New Liability Acquisition

Accelerating Inactive Oil and Gas Liabilities to Support Energy Sustainability CALGARY, AB, Sept. 26, 2024 /CNW/ - Skye Asset Retirement Inc., ("Skye" or "Company") has entered into a Property Transfer Agreement ("PTA") to acquire the licenses and associated liability for a package of non-producing oil and gas wells that Skye will take through full closure and restoration. The wells are in Alberta and have been acquired from an undisclosed party. Skye offers a simple and proactive way for [Read more]

CK Infrastructure’s Canadian Power Extends Power Purchase Contracts

CALGARY, AB, Sept. 25, 2024 /CNW/ - Canadian Power Holdings Inc. ("Canadian Power") is pleased to announce that it has reached an agreement with SaskPower and Cenovus, which will allow for the Meridian Cogeneration Plant ("Meridian") in Lloydminster, Saskatchewan to continue to supply electricity to SaskPower and thermal energy to Cenovus, for up to another 25 years, through 2049. The Meridian Cogeneration Plant has been a key contributor to the success of Canadian Power, a power [Read more]

AltaGas announces closing of US$900 million hybrid note offering

CALGARY, AB, Sept. 23, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) has closed its previously announced US$900 million offering of 7.20 percent Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 (the "Notes" or the "Offering"). After accounting for the impact of the cross-currency swap arrangement that AltaGas has executed, which converted the underlying proceeds and interest costs of the Notes into Canadian dollars, the Notes will have an effective annual interest [Read more]

ATCO Energy Systems announces key regulatory filing to advance the Yellowhead Mainline natural gas project, a major infrastructure initiative to drive economic growth in Alberta

CALGARY, AB, Sept. 18, 2024 /CNW/ - Canadian Utilities Limited (TSX: CU) ATCO Energy Systems advances Alberta energy infrastructure with filing of Yellowhead Mainline application with Alberta Utilities Commission. Application demonstrates clear need for new infrastructure to support energy, petrochemical, building materials and hydrogen projects that use natural gas and carbon capture technology to produce products the world demands with lower emissions than previously [Read more]

Tamarack Valley Energy expands the Clearwater Infrastructure Partnership, provides operational update and announces declaration of monthly dividend

CALGARY, AB, Sept. 17, 2024 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) and Wapiscanis Waseskwan Nipiy Holding Limited Partnership ("WWN") are pleased to announce the expansion of the previously announced Clearwater Infrastructure Limited Partnership (the "CIP") to include Bigstone Cree Nation ("Bigstone") as the 13th member of WWN, joining 12 other First Nations and Métis settlements (collectively, the "WWN Shareholders"). In conjunction with Bigstone's entry [Read more]

AltaGas announces US$900 million hybrid subordinated note offering and results of Series G and H preferred share conversions

CALGARY, AB, Sept. 17, 2024 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) announced the Company has priced an offering (the "Offering") of US$900 million aggregate principal amount of 7.20 percent Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 (the "Notes"). The Notes are callable at the first reset date of October 15, 2034. AltaGas has also executed a cross-currency swap arrangement to convert the underlying proceeds and interest costs of the Notes into Canadian [Read more]

Rubellite Energy Inc. and Perpetual Energy Inc. jointly announce a strategic recombination to unlock shareholder value through increased scale, improved access to capital, enhanced optionality and material synergies

CALGARY, AB, Sept. 17, 2024 /CNW/ - Rubellite Energy Inc. (TSX:RBY) ("Rubellite") and Perpetual Energy Inc. (TSX:PMT) ("Perpetual") are pleased to jointly announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") whereby Rubellite and Perpetual will recombine in an all-share transaction (the "Transaction") to create a stronger company that will be managed by the existing executive team and will operate as Rubellite Energy Corp. The Transaction, which [Read more]

Secure announces quarterly dividend and timing of third quarter results and conference call

CALGARY, AB, Sept. 16, 2024 /CNW/ - SECURE Energy Services Inc. ("SECURE" or the "Corporation"), a leading waste management and energy infrastructure company, is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.10 per common share payable on or about October 15, 2024, to shareholders of record on October 1, 2024. This dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar applicable provincial [Read more]