BOE Report

Freehold Royalties Ltd. declares dividend for June 2021

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on July 15, 2021 to shareholders of record on June 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 FRU. For [Read more]

TC Energy appoints new independent director

CALGARY, Alberta - News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced the appointment of a new independent director, William D. (Bill) Johnson, effective June 14, 2021. Mr. Johnson brings extensive experience in the energy sector to TC Energy’s Board of Directors. Mr. Johnson served as President and Chief Executive Officer of PG&E Corporation from 2019-2020; President and Chief Executive Officer of Tennessee Valley Authority from 2013 to 2019; Chairman, [Read more]

TC Energy confirms termination of Keystone XL Pipeline Project

CALGARY, Alberta - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project). Construction activities to advance the Project were suspended following the revocation of its Presidential Permit on January 20, 2021. The Company will continue to coordinate with regulators, stakeholders and [Read more]

New CER report explores Canada’s oil and gas pipeline system

CALGARY, Alberta - Today, the Canada Energy Regulator (CER) released a report explaining the economics and market dynamics for the more than 73,000 kilometres of pipelines it regulates. The report, Canada’s Pipeline System 2021: Economics of CER-Regulated Infrastructure, provides data and trends on the movement of energy between Canada, the United States (U.S.) and the rest of the world between 2015 and 2020. As one of the world’s top oil and gas producers, Canada produces for both domestic [Read more]

PrairieSky Royalty appoints new independent director

CALGARY, Alberta - James Estey, Chair of the Board of Directors of PrairieSky Royalty Ltd. (“PrairieSky”) (TSX: PSK) is pleased to announce the appointment of Ms. Leanne Bellegarde QC to PrairieSky’s Board of Directors. Ms. Bellegarde’s appointment is effective June 9, 2021. "On behalf of the Board, I am pleased to welcome Ms. Bellegarde as our newest independent director," said Mr. Estey. "Leanne is an experienced lawyer and business leader and is well known across the Canadian and [Read more]

Election to Equinor’s board of directors

The corporate assembly re-elected Jon Erik Reinhardsen as chair and Jeroen van der Veer as deputy chair of the board in addition to re-election of Bjørn Tore Godal, Rebekka Glasser Herlofsen, Anne Drinkwater, Jonathan Lewis, Finn Bjørn Ruyter and Tove Andersen as shareholder-elected members of Equinor ASA’s board of directors. The election of shareholder-elected members to the board of directors enters into effect from 1 July 2021 and is effective until the ordinary election of [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta - PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.065 per common share, payable in cash on July 15, 2021 to shareholders of record on June 30, 2021. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. [Read more]

Questerre reports on AGM voting results

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that, at its annual meeting of shareholders held on June 2, 2021 (the “Meeting”), all matters presented for approval at the Meeting were approved. At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at five. In addition, each of the five nominees proposed in the Company’s Management Information [Read more]

Cardinal Energy Ltd. announces strategic acquisition

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce it has entered into an arrangement agreement (the "Arrangement Agreement") to acquire Venturion Oil Limited ("Venturion"), a privately held company, for a purchase price of approximately $47.5 million. The consideration will consist of approximately 6.3 million Cardinal common shares (based on the ten-day volume weighted average share price of the Cardinal shares on the Toronto Stock Exchange [Read more]

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]