BOE Report

Shell first quarter 2022 update note

The following is an update to the first quarter 2022 outlook. Impacts presented may vary from the actual results and are subject to finalisation of the first quarter 2022 results, published on May 5, 2022. Unless otherwise indicated, all outlook statements exclude identified items. The prevailing volatility in commodity prices has led to larger ranges in the financial guidance for the quarter. Adjusted Earnings and Adjusted EBITDA updates are provided at a segment level while the CFFO update [Read more]

Spartan Delta Corp. announces changes to Board of Directors

CALGARY, Alberta - Spartan Delta Corp. (“Spartan” or the “Company”) (TSX:SDE) announces the resignations of Elliot S. Weissbluth and Steve Lowden as directors of the Company effective today. Messrs. Weissbluth and Lowden were appointed to the board of the Company in March 2021 as the nominees of ARETI Energy S.A. ("ARETI"), which became a shareholder of Spartan as a part of, and concurrent with, the acquisition by Spartan of Inception Exploration Ltd., a private oil and gas company with [Read more]

PrairieSky Royalty announces conference call for Q1 2022 results

CALGARY, Alberta - PrairieSky will release its Q1 2022 results on Monday, April 18, 2022 after markets close. The news release detailing PrairieSky’s Q1 2022 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the investment community on Tuesday, April 19, 2022 [Read more]

Cenovus provides risk management program update

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is announcing the suspension of its crude oil price risk management activities related to West Texas Intermediate (WTI). Given the strength of Cenovus’s balance sheet and liquidity position, the company has determined these programs are no longer required to support financial resilience. Cenovus will remain well positioned to generate significant free funds flow over the long term. The company plans to announce on April 27, 2022 its [Read more]

Razor Energy Corp. announces flow-through rights offering for up to $5 Million

CALGARY, Alberta - Razor Energy Corp. ("Razor”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), a wholly owned subsidiary of Razor, is pleased to announce that it is offering rights (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on April 7, 2022 (the “Record Date”). Pursuant to the Rights Offering, each holder of Common Shares resident in a province or territory in Canada (the “Eligible Jurisdictions”) [Read more]

TC Energy to redeem cumulative redeemable minimum rate reset first preferred shares, Series 15

CALGARY, Alberta – As previously indicated, TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will redeem its issued and outstanding Cumulative Redeemable Minimum Rate Reset First Preferred Shares, Series 15 (Series 15 Shares) (TSX:TRP.PR.K) on May 31, 2022 (Redemption Date) at a price equal to $25.00 per share (Redemption Price) and provided notice today to the sole registered holder of the Series 15 Shares in accordance with their terms. Subject to approval by our Board of [Read more]

International Petroleum Corp. Annual General Meeting to be held on May 4, 2022

TORONTO - International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that its Annual General Meeting of shareholders will be held at the offices of Blake, Cassels and Graydon LLP, Suite 3500, 855 - 2nd Street S.W., Calgary, Alberta, Canada T2P 4J8 on Wednesday, May 4, 2022 at 8:00 a.m. (Mountain time), for the following purposes: To receive the audited consolidated financial statements of the Corporation for the financial year ended [Read more]

Prairie Provident Resources announces fourth quarter and year-end 2021 financial and operating results

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to announce our operating and financial results for the fourth quarter and year ended 2021. PPR’s audited annual consolidated financial statements ("Annual Financial Statements") and related Management’s Discussion and Analysis (“MD&A”) and annual information form dated March 29, 2022 (“AIF”) are available on our website at www.ppr.ca and filed on SEDAR at [Read more]

Petrus Resources announces February monthly activity update

CALGARY, Alberta - Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. Additionally, further to the fully backstopped rights offering previously announced on March 24, 2022, the Company has posted instructions for Petrus shareholders wishing to subscribe to the offering. The directions can be found on the [Read more]

Petrus Resources announces fully backstopped rights offering

CALGARY, Alberta - Petrus Resources Ltd. (TSX:PRQ) ("Petrus" or the "Corporation") is pleased to announce that it has filed today a rights offering circular (the "Rights Offering Circular") and related notice of rights offering (the "Notice of Rights Offering") with the securities regulatory authorities in each of the provinces and territories of Canada in connection with an offering (the "Rights Offering") of rights ("Rights") to acquire common shares of Petrus ("Common Shares") for gross [Read more]