BOE Report

Plains All American Pipeline and Plains GP Holdings Announce Distributions

HOUSTON, April 05, 2021 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today announced their quarterly distributions with respect to the first quarter of 2021. PAA announced a quarterly cash distribution of $0.18 per common unit ($0.72 per unit on an annualized basis), which is unchanged from the distribution paid in February 2021. PAGP announced a corresponding quarterly cash distribution of $0.18 per Class A share ($0.72 per Class [Read more]

Gibson Energy confirms 2021 first quarter earnings release and annual general meeting dates and provides conference call & webcast details

CALGARY, Alberta - Gibson Energy Inc. announced today that it expects to release its 2021 first quarter financial and operating results on Monday, May 3, 2021 after the close of North American markets. The 2021 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A conference call and webcast will be [Read more]

TC Energy to redeem cumulative redeemable minimum rate reset first preferred shares, Series 13

CALGARY, Alberta – As previously indicated, TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will redeem its issued and outstanding Cumulative Redeemable Minimum Rate Reset First Preferred Shares, Series 13 (Series 13 Shares) (TSX:TRP.PR.J) on May 31, 2021 (Redemption Date) at a price equal to $25.00 per share (Redemption Price) and provided notice today to the sole registered holder of the Series 13 Shares in accordance with their terms. Subject to board approval, the [Read more]

Pieridae hires new Chief Operating Officer

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) announced today it has hired a new Chief Operating Officer (“COO”). Darcy Reding will join the Pieridae team April 5th. Mr. Reding is a professional engineer with 30 years of success in small and mid-sized private and public upstream oil and gas companies, with 20 years in leadership roles. “We are extremely pleased that Darcy has agreed to join our organization,” said Pieridae CEO Alfred Sorensen. ”It is [Read more]

Cenovus completes amalgamation with Husky Energy Inc.

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that effective March 31, 2021, its wholly owned subsidiary Husky Energy Inc. (“Husky”) has been amalgamated with Cenovus under the provisions of the Canada Business Corporations Act (the “amalgamation”). The company will continue to operate as Cenovus Energy Inc. As a result of the amalgamation, Husky will no longer be required to file reports with the securities regulatory authorities in Canada or the United [Read more]

Leucrotta Exploration announces completion of its $33 million bought deal financing

CALGARY, Alberta - Leucrotta Exploration Inc. (the "Company" or "Leucrotta") (TSX-V: LXE) is pleased to announce that, further to its press releases dated March 15, 2021 and March 16, 2021, it has closed its previously announced upsized bought-deal financing (the "Bought-Deal Financing") of 41,096,000 units of the Company (the "Units") at a price of C$0.73 per Unit (the "Issue Price") for gross proceeds to the Company of C$30,000,080. In addition, the syndicate of underwriters, co-led by Haywood [Read more]

Gibson Energy announces long-term agreement at its Edmonton terminal and the related sanction of a biofuels blending project

CALGARY, Alberta - Gibson Energy Inc. announced today it has entered into a long-term agreement with Suncor Energy Inc. (“Suncor”) for services at the Company’s Edmonton Terminal and the related sanction of an expansion to support the blending and loading of third-party biofuels for Suncor (the “Biofuels Blending Project”). “We are very pleased to announce a long-term agreement with Suncor, a respected senior Canadian integrated customer, at our Edmonton Terminal,” said Steve Spaulding, [Read more]

Prairie Provident announces leadership change

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX: PPR) announces today that Tony van Winkoop, who currently serves as Chief Executive Officer and a director, has elected to retire from the Company effective May 1, 2021. Mimi Lai, Chief Financial Officer of Prairie Provident and its predecessor since January 2015, has been appointed Interim Chief Executive Officer by the Company's board of directors. "The shareholders, employees and directors very [Read more]

Prairie Provident Resources announces fourth quarter and year-end 2020 financial and operating results

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") is pleased to announce our operating and financial results for the three months and year ended December 31, 2020. PPR’s audited consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”) for the three months and year ended December 31, 2020 and annual information form dated March 25, 2021 (“AIF”) are available on our website at www.ppr.ca and filed on [Read more]

Pieridae releases Q4 and 2020 results

Key Highlights: Production increased year over year from 22,397 barrels of oil equivalent per day (“boe/d”) in 2019 to 42,000 boe/d in 2020, an increase of 88% The Company managed to replace almost half of its production in 2020 while spending minimal capital The proved developed producing (“PDP”) base decline rate of the corporation is now at ~ 10% (based on 2021 PDP forecasts), one of the lowest in the industry This decline rate will provide a very reliable base production from [Read more]