BOE Report

Petrus Resources announces extension to credit agreements

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its senior revolving credit facility agreement from May 31, 2021 to June 14, 2021. Its second lien term loan provider has also extended the maturity date of the Company's term loan from July 31, 2021 to August 16, 2021. The Company continues to be in discussions with the bank syndicate on a one-year extension to the credit [Read more]

InPlay Oil Corp. announces annual meeting voting results for election of directors

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces the voting results for the election of directors at its annual and special meeting of shareholders held on June 1, 2021 (the "Meeting"). The following six nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favor of individual nominees as [Read more]

Petrus announces update on credit facility

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces it is working closely with its syndicate of lenders to extend the borrowing base determination date on its senior revolving credit facility agreement from May 31, 2021 to June 14, 2021. It is concurrently working closely with its second lien term loan provider to extend the maturity date of the Company’s term loan from July 31, 2021 to August 16, 2021. The purpose of these two short term extensions is to [Read more]

InPlay Oil Corp. announces extension of credit facility

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from May 31, 2021 to June 14, 2021. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize [Read more]

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

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending June 30, 2021: Shares TSX Stock Symbol Dividend per Share Common Shares BIR $0.005 Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375 Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375 The dividends are payable on [Read more]

Pieridae announces voting results report following its annual and special shareholder meeting

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced that, in accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, the Company released its Voting Results Report that briefly describes the matters voted upon and the outcome of the votes at the Annual and Special Meeting of Shareholders (the “Meeting”) of Pieridae held on May 27, 2021 in a virtual-only format. Each of the matters acted upon at the Meeting is [Read more]

Razor Energy Corp. announces first quarter 2021 results

CALGARY, Alberta - Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its first 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 March 31, 2021 which are available on SEDAR at www.sedar.com and the Company’s website [Read more]

Pieridae creating Caroline carbon capture power complex

Large-scale carbon capture and sequestration (CCS), and blue power production at Pieridae’s Caroline, Alberta facility Advances Pieridae’s long term ESG strategy and supports the company’s commitment of net-zero emissions by 2050 for its Goldboro LNG Project Sequesters up to 100 million tonnes of CO2 over three-plus decades Removes equivalent emissions of more than 650,000 cars each year1 Produces 1.9 billion kilowatt-hours of blue power2 and sequesters one million tonnes of CO2 [Read more]

Suncor Energy’s updated corporate strategy increases shareholder returns and accelerates reductions in GHG emissions with an objective to be net-zero by 2050

CALGARY, Alberta - In alignment with its Purpose to provide trusted energy that enhances people’s lives while caring for each other and the earth, Suncor today will share its updated strategy focused on increasing shareholder returns and accelerating its progress in reducing GHG emissions with an objective to be net-zero by 2050. The strategy is underpinned by Suncor’s principles of operational excellence and capital discipline. Suncor will focus its planned $5 billion annual capital spend [Read more]

Distinction Energy Corp. files first quarter 2021 results

CALGARY, Alberta - Distinction Energy Corp. (“Distinction” or the “Company”) announces that it has filed its first quarter financial statements and related management’s discussion and analysis for the three months ended March 31, 2021 with the Canadian securities regulatory authorities on SEDAR. About Distinction Energy Corp. Distinction is an oil and natural gas company based in Calgary, Alberta, focused on the exploration, development, and production of crude oil, natural gas and natural [Read more]