CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to present the results of its independent reserve report effective December 31, 2020. One hundred percent of Cardinal's year-end 2020 reserves were evaluated by independent reserves evaluator GLJ Ltd. ("GLJ") as at December 31, 2020 (the "2020 Reserve Report"). The 2020 financial information in this press release is unaudited and accordingly, such financial information is subject to change based on the [Read more]
NuVista Energy Ltd. announces year end 2020 reserves, financial and operating results
CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce reserves, financial and operating results for the three months and year ended December 31, 2020, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. 2020 was an unprecedented year where the world saw the COVID-19 pandemic deeply affecting all economies and temporarily reducing the demand for oil and natural gas [Read more]
Suncor Energy announces significant progress on debt management and reduction and the pricing of US$ 750 million notes offering and CAD$ 500 million medium term notes offering
CALGARY, Alberta - Suncor Energy Inc. (Suncor or the company) remains focused on maintaining the financial health and resiliency of the company. Consistent with its debt management and reduction strategy, Suncor announces the expected repayment of short-term commercial paper with the net proceeds from the issue of the Notes (as defined below), the early cancellation of the bi-lateral credit facilities that were entered into to ensure access to adequate financial resources in connection with the [Read more]
Questerre commissions CIRAIG to study hydrogen from clean gas
CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) has commissioned a report by the International Reference Centre for Life Cycle Products, Services and Systems (“CIRAIG”) on producing hydrogen, including blue hydrogen, using its zero-emissions natural gas in Quebec. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “With the emissions from production virtually eliminated with our Clean Gas engineering, we are now targeting emissions [Read more]
Baytex Energy files 2020 year-end disclosure documents
CALGARY, Alberta - Baytex Energy Corp. (“Baytex”) (TSX: BTE) announces the filing of its Annual Information Form for the year ended December 31, 2020 (the “AIF”) with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval (“SEDAR”). In addition, Baytex has filed its Annual Report on Form 40-F for the year ended December 31, 2020, which includes the AIF, with the U.S. Securities and Exchange Commission on the Electronic Data Gathering, Analysis and [Read more]
Cenovus provides Series 1 and Series 2 First Preferred Shares conversion privilege notice, Series 1 and Series 2 First Preferred Shares dividend rate notice
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is providing notice the company does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) and Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares) on March 31, 2021. As a result, subject to certain conditions: the holders of Series 1 Shares have the right to choose one of the following options with regard to their shares: retain any or all [Read more]
TC Energy announces consideration of subordinated notes offering by TransCanada Trust
CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that TransCanada Trust (the Trust), a wholly-owned financing trust subsidiary of TransCanada PipeLines Limited (TCPL), is considering an offering of subordinated trust notes (Trust Notes), guaranteed on a subordinated basis by TCPL, under the Trust's short form base shelf prospectus dated February 26, 2021. If a successful offering is completed, the Company intends to use the proceeds to [Read more]
TC Energy and TC PipeLines, LP announce unitholder approval and effective date of merger
CALGARY, Alberta - News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) announced that at the special meeting of TCP common unitholders held earlier today, TCP unitholders voted to approve the previously announced merger of TCP and a wholly owned subsidiary of TC Energy pursuant to the Agreement and Plan of Merger dated December 14, 2020 (the “Merger Agreement”) between TCP, TC Energy and certain other related parties thereto. Approximately [Read more]
Razor Energy Corp. Announces 2020 Year-End Reserves and Operational Outlook
CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to provide a summary of its 2020 year-end reserves evaluation and an updated operational outlook. The highlights and reserves summary below set forth Razor’s gross reserves at December 31, 2020, as evaluated by Sproule Associates Limited (“Sproule”), qualified reserves evaluators, in an independent report dated February 19, 2021 (the “Sproule Report”). The figures in the [Read more]
Suncor Energy files annual disclosure documents
CALGARY, Alberta - Suncor has filed its 2020 Annual Report, 2020 Annual Information Form and 2021 Management Proxy Circular. To view the company’s annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor’s website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor’s 2020 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is Canada's leading integrated energy company. Suncor's operations [Read more]
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