BOE Report

Cenovus to redeem its 3.950% notes due April 15, 2022 and 3.000% notes due Aug. 15, 2022

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that on October 20, 2021 (the “Redemption Date”) it will redeem the entire outstanding principal amount of its 3.950% notes due April 15, 2022 and 3.000% notes due August 15, 2022 (collectively, the “Notes”). Cenovus has issued notices to the trustees of the Notes to redeem the Notes on the Redemption Date. On the Redemption Date, Cenovus will pay to the registered holders of the Notes a redemption price calculated in [Read more]

Freehold Royalties Ltd. declares dividend for September 2021

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.05 per common share to be paid on October 15, 2021 to shareholders of record on September 30, 2021. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol [Read more]

Cenovus announces expiration and results of any and all tender offer

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that its previously announced cash tender offer (the “Any and All Tender Offer”) for any and all of its outstanding 3.950% Notes due 2022 (the “3.950% Notes”) and 3.000% Notes due 2022 (the “3.000% Notes” and, together with the 3.950% Notes, the “Any and All Notes”) (CUSIP Nos. 448055AJ2 and 15135UAG4, respectively) expired at 5:00 p.m., New York City time, on September 15, 2021. According to information provided by [Read more]

Suncor Energy forms partnership with eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire an equity interest in the Northern Courier Pipeline

All financial figures are in Canadian dollars CALGARY, Alberta - Suncor today announced the signing of agreements with eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB) to acquire all of TC Energy’s 15 per cent equity interest in the Northern Courier Pipeline Limited Partnership. This historic partnership includes Suncor, three First Nations and five Métis communities who will own a 15 per cent stake in this pipeline asset with a value of approximately $1.3 [Read more]

Questerre announces carbon storage project and comments on news article

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today it has recently completed the engineering and work program to test a carbon storage reservoir in Quebec. The operation includes an injectivity test to estimate the optimal injection rate for carbon dioxide into the storage reservoir. The test will also estimate the volume that can be safely stored in this reservoir situated at a depth of over 1000m below the surface in the Potsdam, a [Read more]

Alberta Indigenous opportunities corporation provides up to $40 million guarantee to support eight Indigenous communities in financing of Northern Courier Pipeline System

CALGARY, Alberta - Alberta Indigenous Opportunities Corporation (AIOC) is proud to announce that it has provided up to a $40 Million loan guarantee to support eight Indigenous Communities in the Wood Buffalo Region, to finance a 14.25 per cent ownership interest in the Northern Courier Pipeline System (NCP System) including the Pipeline and associated storage facilities. The participating Indigenous Communities are Athabasca Chipewyan First Nation, Chipewyan Prairie First Nation, Fort McMurray [Read more]

Peyto Exploration & Development Corp. confirms dividends for October 15, 2021

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the quarterly dividend with respect to third quarter of $0.01 per common share is to be paid on October 15, 2021, for shareholders of record on September 30, 2021. The ex-dividend date is September 28, 2021. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at [Read more]

Cenovus announces the pricing terms of its pending any and all tender offer

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced the pricing terms of its previously announced cash tender offer (the “Any and All Tender Offer”) for any and all of its outstanding 3.950% Notes due 2022 and its outstanding 3.000% Notes due 2022 (collectively, the “Any and All Notes”). The terms and conditions of the Any and All Tender Offer are described in the Offer to Purchase, dated September 9, 2021 (the “Offer to Purchase”). The Any and All Tender Offer will [Read more]

Cenovus announces closing of US$1.25 billion offering of senior notes

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has completed a public offering in the United States (the “Offering”) of US$1,250,000,000 in senior notes, consisting of US$500,000,000 of 2.650% senior unsecured notes due 2032 and US$750,000,000 of 3.750% senior unsecured notes due 2052 (collectively, the “Notes”). The Notes were issued under Cenovus’s short form base shelf prospectus dated September 19, 2019 and a prospectus supplement dated September 9, 2021 filed with securities [Read more]

Cenovus announces cash tender offers for certain outstanding notes

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it has commenced tender offers (each individually, with respect to a series of notes, a “Tender Offer”, and collectively, the “Tender Offers”) to purchase for cash (1) any and all of its outstanding 3.950% Notes due 2022 and its outstanding 3.000% Notes due 2022 (the “Any and All Tender Offer” and such notes, collectively, the “Any and All Notes”) and (2) up to a maximum aggregate purchase price of $1,000,000,000 (such [Read more]