BOE Report

Suncor Energy declares dividend

All financial figures are in Canadian dollars. CALGARY, Alberta - Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable March 25, 2021 to shareholders of record at the close of business on March 4, 2021. Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada [Read more]

Zargon Oil & Gas Ltd. completes transactions approved under Canadian bankruptcy proceedings; Blue Sky Resources Ltd. becomes sole shareholder

CALGARY, Alberta - Zargon Oil & Gas Ltd. ("Zargon" or the "Corporation") announces that it has completed certain transactions contemplated by a Bankruptcy and Insolvency Act (Canada) proposal (the "Proposal") filed by Zargon, Zargon Oil & Gas Partnership (“Zargon Partnership”) and Zargon U.S. Holdings Ltd. (“Zargon US”), through their proposal trustee MNP Ltd. The Proposal provides for, among other things, the compromise and settlement of claims of creditors of Zargon, Zargon Partnership [Read more]

Razor Energy Corp. announces interim extension of term loan facility

CALGARY, Alberta - Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) announces that it has secured an interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”). The Company has reached an agreement with AIMCo to extend the maturity date from January 31, 2021 to February 5, 2021 in order to complete necessary documents and registrations related to an extension of the facility. [Read more]

TC Energy to issue fourth quarter results February 18

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, February 18, 2021 to discuss its fourth quarter 2020 financial results, which will be released pre-market. François Poirier, TC Energy President and Chief Executive Officer; Don Marchand, Executive Vice-President, Strategy & Corporate Development and Chief Financial Officer; and other members of the executive leadership team will discuss the financial results and [Read more]

Cenovus 2021 budget to achieve nearly $1 billion of synergies in first year

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has delivered a disciplined 2021 capital budget focused on maintaining safe and reliable operations while positioning the company to drive enhanced shareholder value. The budget includes sustaining capital of approximately $2.1 billion to deliver upstream production of approximately 755,000 barrels of oil equivalent per day (BOE/d) and downstream throughput of approximately 525,000 barrels per day (bbls/d). The budget anticipates [Read more]

TransGlobe Energy Corporation announces its 2021 capital budget

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces its 2021 capital budget and production guidance. All dollar values are expressed in US dollars unless otherwise stated. 2021 BUDGET HIGHLIGHTS 2021 capital budget [Read more]

Suncor Energy to release fourth quarter 2020 financial results

CALGARY, Alberta, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Suncor will release its fourth quarter financial results on February 3, 2021 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the fourth quarter will be held on February 4 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice [Read more]

Gibson Energy confirms 2020 fourth quarter and year-end earnings release date and provides conference call & webcast details

CALGARY, Alberta - Gibson Energy Inc. announced today that it expects to release its 2020 fourth quarter and year-end financial and operating results on Monday, February 22, 2021 after the close of North American markets. The 2020 fourth quarter and year-end management's discussion and analysis and audited 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 [Read more]

Cenovus to announce 2021 budget and production forecast

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its planned 2021 capital expenditure and production guidance on Thursday, January 28, 2021. A conference call and webcast to discuss the budget will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate in the webcast, please dial 888-231-8191 (toll-free in North America) or 647-427-7450 (Toronto) approximately 10 minutes prior to the start. The conference call webcast link will be [Read more]

TransGlobe Energy Corporation announces an operations update

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. UPDATES Production averaged 12.4 MBoepd in Q4, 2020 and 13.5 MBoepd [Read more]