BOE Report

TC Energy declares quarterly dividends

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC Energy declared a quarterly dividend of $0.87 per common share for the quarter ending March 31, 2021 on the Company’s outstanding common shares. The common share dividend is payable on April 30, 2021 to shareholders of record at the close of business on March 31, 2021. The Board also declared quarterly dividends on the Company’s outstanding Cumulative [Read more]

TC Energy reports record earnings again in 2020

CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for fourth-quarter 2020 of $1.1 billion or $1.20 per share compared to net income of $1.1 billion or $1.18 per share for the same period in 2019. For the year ended December 31, 2020, net income attributable to common shares was $4.5 billion or $4.74 per share compared to net income of $4.0 billion or $4.28 per share for 2019. Comparable earnings for [Read more]

Distinction Energy Corp. announces strategic Simonette asset acquisition

CALGARY, Alberta - Distinction Energy Corp. (“Distinction” or the “Company”) is pleased to announce its commitment to participate as to 50% in a $335 million acquisition, including $15 million in contingency payments based on future commodity prices, entered into by Kiwetinohk Resources Corp. (“Kiwetinohk”) for certain interests in the Simonette area of northwest Alberta (the “Acquisition”). The Acquisition consists of certain multi-zone, oil and liquids-rich natural gas producing assets in the [Read more]

Peyto Reports Year End Reserves, Strategic Acquisitions and 48% Increase in Capital Budget

CALGARY, Alberta, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2020. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2020 marks the Company’s 22nd year of successful reserves development. 2020 HIGHLIGHTS For the year ended December 31, 2020, [Read more]

Baytex conference call and webcast on fourth quarter and full year 2020 financial and operating results to be held on Feb. 25, 2021

CALGARY, Alberta - Baytex Energy Corp. (TSX: BTE) will release its fourth quarter and full year 2020 financial and operating results after the close of markets on Wednesday February 24, 2021. A conference call and webcast will be held on Thursday February 25, 2021 to discuss the results. Conference Call Details: Date: Thursday February 25, 2021 Time: 9 a.m. MST (11 a.m. EST) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 [Read more]

Spartan Delta Corp. upsizes previously announced financings

CALGARY, Alberta - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV:SDE) is pleased to announce that, as a result excess demand, it has increased the size of its previously announced non-brokered private placement (the "Private Placement") and has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought-deal financing (the "Prospectus Offering"). Spartan will now issue: (i) 10,000,000 common shares (the "Common [Read more]

Spartan Delta Corp. announces three strategic acquisitions and $80.0 million financing

CALGARY, Alberta - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV:SDE) is pleased to announce three strategic acquisitions, executing on its stated acquisitive growth strategy within western Canada. Total consideration for the three acquisitions (the "Acquisitions") is approximately $147.9 million, subject to certain closing adjustments. The Acquisitions include the corporate acquisition of Inception Exploration Ltd. ("Inception"), a Montney focused arm's length private company with [Read more]

TC Energy cancels binding open season for the Keystone Pipeline System

CALGARY, Alberta - Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced it has cancelled an open season launched on January 6, 2021 to solicit binding commitments for crude oil transportation services on the Keystone Pipeline System from Hardisty, Alberta to Patoka, Illinois. The capacity offered would have become available when Keystone XL went into service. TC Energy previously announced it would be suspending advancement of the Keystone XL pipeline project [Read more]

Freehold Royalties Ltd. declares dividend for February 2021

CALGARY - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.02 per common share to be paid on March 15, 2021 to shareholders of record on February 28, 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 FRU. For further [Read more]

Birchcliff Energy Ltd. announces unaudited 2020 year-end and fourth quarter results and 2020 reserves highlights

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2020 year-end and fourth quarter financial and operational results and highlights from its independent reserves evaluation effective December 31, 2020. Jeff Tonken, President and Chief Executive Officer of Birchcliff commented: “Birchcliff is proud to announce its fourth quarter and full-year 2020 results. 2020 was a challenging year for Birchcliff and for the industry [Read more]