BOE Report

International Petroleum Corporation announces results of share repurchase program

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 421,000 IPC common shares (ISIN: CA46016U1084) during the period of January 17 to 21, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No [Read more]

Royal Dutch Shell plc changes its name to Shell plc

LONDON, January 21, 2022 - Shell plc (Shell) today confirmed its name has changed from Royal Dutch Shell plc to Shell plc. Shell announced the Board’s decision to change its name to Shell plc on December 20, 2021. This change has now taken effect. Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange have been informed of this name change and it is anticipated that Euronext Amsterdam and the London Stock Exchange will reflect the change of name on Tuesday January [Read more]

Wolinak of Abenaki First Nation and Questerre sign agreement for energy development

CALGARY, Alberta - The Council of the First Nation of the Abenakis of Wolinak in Quebec (the “Abenakis of Wolinak”) and Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that they have signed a joint economic development agreement. The joint venture will focus on developing a net-zero emissions energy hub in Quebec. The hub will demonstrate the emerging circular economy through pilot projects that produce clean energy, including zero-emissions gas, and [Read more]

Pipestone Energy Corp. announces equitable origin certification

CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) today announced it has achieved independent certification of all its production from its world class Pipestone Wembley asset under the Equitable Origin EO100™ Standard for Responsible Energy Development. The certified unit is in the Montney formation, located west of Grande Prairie, Alberta, covering more than 90,000 net acres. The company began the process of seeking independent certification through [Read more]

International Petroleum Corporation completes USD 300 million bond placement

International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that it has successfully completed a private placement of USD 300 million of senior unsecured bonds. The bonds will have a tenor of five years and will have a fixed coupon rate of 7.25 percent per annum, with interest payable in semi-annual instalments. The bond issue is expected to be rated B+ by S&P Global Ratings and B1 by Moody’s. Settlement of the bonds is expected to occur on or [Read more]

Prairie Provident announces year-end 2021 reserves

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of our independent 2021 year-end reserves evaluation conducted by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2021 (the “Sproule Report”).   MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer commented: “The 2021 year-end updated reserves evaluation confirms the underlying value of PPR’s assets. [Read more]

Birchcliff Energy Ltd. announces 2022 budget, guidance and updated five year plan

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2022 budget, guidance and updated five year plan. “Birchcliff remains committed to increasing shareholder value, which we intend to accomplish by maximizing free funds flow generation and significantly reducing indebtedness. In alignment with these priorities, our board of directors has approved a new five year plan for 2022 to 2026 that provides for potential cumulative free [Read more]

International Petroleum Corporation announces results of share repurchase program and updated share capital

TORONTO - International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 167,454 IPC common shares (ISIN: CA46016U1084) during the period of January 3 to 14, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation [Read more]

Peyto Exploration & Development Corp. confirms monthly dividend for February 15, 2022

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to January 2022 of $0.05 per common share per month is to be paid on February 15, 2022, for shareholders of record on January 31, 2022. The ex-dividend date for the January dividend is January 28, 2022. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to [Read more]

$30 million to accelerate carbon capture projects in Alberta

EDMONTON, Alberta - A new $30 million funding opportunity will accelerate development of industrial-scale carbon capture and transportation technology solutions in Alberta. Emissions Reduction Alberta’s (ERA) Carbon Capture Kickstart: Design and Engineering call builds on Alberta’s global leadership in this space, and will fill key knowledge gaps, drive partnerships and innovation, and accelerate project financing and deployment in Alberta. The Government of Alberta is providing $30 million to [Read more]