BOE Report

Birchcliff Energy Ltd. announces doubling of quarterly common share dividend and declaration of quarterly preferred share dividends

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that its board of directors has declared a quarterly cash dividend of $0.01 per share on its common shares for the quarter ending December 31, 2021, which represents a 100% increase over the prior quarterly common share dividend of $0.005 per share. Jeff Tonken, President and Chief Executive Officer of Birchcliff, commented: “While free funds flow is currently prioritized towards [Read more]

PrairieSky Royalty announces agreement to acquire Western Canadian royalty assets from Heritage Royalty for $728 million and concurrent financing transactions

CALGARY, Alberta, Nov. 29, 2021 - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that it has entered into a definitive agreement with Heritage Royalty (“Heritage”) to acquire: (i) over 1.9 million acres of royalty lands throughout Alberta, Saskatchewan and Manitoba (the “Royalty Lands”) including over 1.7 million net acres of fee simple mineral title lands; and (ii) extensive seismic assets that are complementary to the Royalty Lands, for total cash [Read more]

InPlay Oil Corp. and Prairie Storm Resources Corp. announce completion of strategic Cardium combination

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") and Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm") are pleased to announce that they have closed on today's date (the "Effective Date") the previously announced plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Acquisition"). Pursuant to the Acquisition, InPlay acquired all of the issued and outstanding common shares of Prairie Storm (the "Prairie Storm [Read more]

Alberta Indigenous Opportunities Corporation announces close of Northern Courier Pipeline System deal

CALGARY, Alberta - Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that the Northern Courier Pipeline System sale has closed, marking the end of years of collaboration and negotiations among all partners and making the Astisiy Limited Partnership (Astisiy), comprised of Suncor Energy and the eight Indigenous Communities, the official owners of a 15 per cent stake in the Northern Courier Pipeline System (NCPS). AIOC would like to congratulate all parties involved in this [Read more]

Kiwetinohk Energy Corp. announces appointment of President, Green Energy Division

CALGARY, Alberta - Kiwetinohk Energy Corp. ("Kiwetinohk" or the "Corporation") is pleased to announce that John Maniawski has been appointed President of the Green Energy Division. Mr. Maniawski will lead the strategic planning, development and execution of the company’s renewable and gas-fired power generation, and clean energy opportunities including carbon capture and sequestration, large-scale energy storage and hydrogen production. John has 32 years of diverse experience with proven [Read more]

CER has not approved Enbridge’s Canadian Mainline contracting proposal

Canadian Mainline to continue to offer 100 per cent uncommitted capacity to all shippers CALGARY, Alberta - The Commission of the Canada Energy Regulator did not approve Enbridge's application to enter into long-term contracts on the Canadian Mainline pipeline for 90 percent of the system's capacity. The Commission noted that the proposal would have caused a foundational shift in oil transportation, leaving less than 20 per cent of total pipeline capacity out of Western Canada for monthly oil [Read more]

Kiwetinohk Energy Corp. announces third quarter 2021 results, operational update and TSX conditional listing approval

CALGARY, Alberta - Kiwetinohk Energy Corp. (“Kiwetinohk” or the “Corporation”) is pleased to announce its interim unaudited financial and operating results for the three and nine-month periods ended September 30, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Kiwetinohk’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2021 and related Management Discussion and Analysis [Read more]

Razor Energy Corp. announces third quarter 2021 results

CALGARY, Alberta - Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its third quarter 2021 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended September 30, 2021 which are available on SEDAR at www.sedar.com and the Company’s website [Read more]

Cenovus to host virtual Investor Day and announce 2022 budget

CALGARY, Alberta - Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will host its virtual 2021 Investor Day and release its 2022 budget, updated strategy and five-year business plan on Wednesday, Dec. 8. The company will also issue its 2020 environmental, social and governance (ESG) report and new targets for Cenovus’s five ESG focus areas, including climate change & greenhouse gas emissions. Webcast: Dec. 8, 8 a.m. MT (10 a.m. ET) Register now and access the live broadcast [Read more]

Freehold Royalties Ltd. announces Investor Day event

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces it will hold an Investor Day on Dec. 8, 2021 beginning at 1 p.m. MDT. This event will include a formal presentation by Freehold’s management, and technical team, highlighting the company’s North American strategy. Due to COVID-19 restrictions, this event will be held virtually. Interested parties may participate in the zoom meeting by registering in advance [Read more]