BOE Report

Suncor Energy releases 2021 report on sustainability and climate report

CALGARY, Alberta - Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key points of progress in early 2021. Earlier this year, the company shared its updated strategy which focuses on increasing shareholder returns while accelerating its greenhouse gas (GHG) emissions reduction targets, growing its [Read more]

NuVista Energy Ltd. announces issuance of $230 million of senior unsecured notes and call of existing 2023 notes

CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce today that it has entered into an underwriting agreement to sell, on a private placement basis, $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 (the "Notes"), which was increased from the previously announced offering of $200 million. The Notes will be issued at $989.89 expressed as a price per $1,000.00 principal amount under a new trust indenture, and [Read more]

NuVista Energy Ltd. announces proposed issuance of $200 million of senior unsecured notes

CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) announced today that it intends to undertake, subject to market and other conditions, a proposed private placement of senior unsecured notes (the "Notes") in the amount of $200 million (the "Offering"). Subject to the completion of the Offering, NuVista intends to use the net proceeds of the Offering, together with borrowings under its credit facility, to redeem all of the Company's existing $220 million senior [Read more]

TC Energy to issue second quarter results on July 29

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, July 29, 2021 to discuss its second-quarter financial results, which will be released pre-market. François Poirier, TC Energy President and Chief Executive Officer; Don Marchand, Executive Vice-President and Chief Financial Officer; and other members of the executive leadership team will discuss the financial results and Company developments at 9 a.m. MDT / 11 a.m. [Read more]

PrairieSky Royalty announces conference call for Q2 2021 results

CALGARY, Alberta - PrairieSky will release its Q2 2021 results on Monday, July 19, 2021 after markets close. The news release detailing PrairieSky’s Q2 2021 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the investment community on Tuesday, July 20, 2021 beginning [Read more]

Shell second quarter 2021 update note

The Hague, July 7, 2021 − As a result of strong operational and financial delivery, combined with an improved macro-economic outlook, Shell will move to the next phase of its capital allocation framework and, subject to final Board approval, increase total shareholder distributions to within the range of 20-30% of CFFO, starting at the Q2 results announcement. The level of additional distributions will be determined with full visibility of the Q2 financial results. In the second quarter, [Read more]

InPlay Oil Corp. provides operations update highlighted by record corporate quarterly production

CALGARY, Alberta - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to provide an operations update. InPlay’s average production in the second quarter of 2021 is forecast to be approximately 5,325 boe/d(1) (70% light oil & NGLs) based on field estimates, representing a record quarterly production rate for the Company. Production is ahead of forecast as a result of the continued outperformance of six 100% Cardium wells drilled in Pembina, three of which [Read more]

Pieridae announces resignation of CFO

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced that Rob Dargewitcz has resigned as Chief Financial Officer (“CFO”) of the Company, effective July 30, 2021, to pursue other opportunities. The Company noted that Mr. Dargewitcz’s departure is not related to any issues or disagreements regarding Pieridae’s financial disclosures or accounting policies and practices. We thank Mr. Dargewitcz for his service. The Company will soon begin a process to [Read more]

TC Energy commences NAFTA claim following revocation of Keystone XL Presidential Permit

CALGARY, Alberta - News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today it has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit. TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the U.S. [Read more]

Pieridae evaluating Goldboro LNG strategic alternatives

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today released the following statement from Chief Executive Officer Alfred Sorensen with respect to a future path for the Company’s Goldboro LNG Project: ‘While Pieridae has made tremendous progress in advancing the Goldboro LNG Project, as of June 30, 2021, we have not been able to meet all of the key conditions necessary to make a final investment decision. Following consultation with our Board, we have made [Read more]