BOE Report

Gibson Energy announces redemption of convertible debentures

CALGARY, Alberta - Gibson Energy Inc. announced today that it has completed the previously announced redemption of its outstanding 5.25% convertible unsecured debentures due July 15, 2021 (the “Debentures”). The redemption terms were in accordance with the provisions of the trust indenture governing the Debentures, and were as follows: Redemption Date December 23, 2020 Redemption Price $1,000 per $1,000 principal amount Accrued and Unpaid Interest $23.16 per $1,000 [Read more]

Questerre expands Clean Tech Pilot engineering to include hydrogen

CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the recent launch of the Hydrogen Strategy for Canada by the Federal Government. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “Hydrogen is becoming more important as a transition fuel to meet governments’ net-zero targets. Last week, the Government of Canada announced its national hydrogen strategy. It recognizes the role of blue hydrogen, hydrogen [Read more]

Gibson Energy announces closing of $250 million hybrid note offering

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. announced today that it has closed the previously announced offering of $250 million of 5.25% fixed-to-fixed rate subordinated notes due December 22, 2080 (the “Offering”). Gibson intends to use the net proceeds from the Offering to fund the previously announced redemption of the 5.25% convertible unsecured debentures due July 15, 2021, to reduce outstanding indebtedness under its [Read more]

Strategic combination plan receives all key regulatory approvals

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce they have obtained all of the key regulatory approvals required in connection with the previously announced combination of Cenovus and Husky pursuant to a plan of arrangement under the Business Corporations Act (Alberta). Subject to the satisfaction of customary closing conditions, the transaction is anticipated to formally close on January 1, 2021. Upon completion of the [Read more]

Prairie Provident announces election of directors

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") announces that, at its annual meeting of shareholders held today, the six nominees set out in the Company's information circular dated November 6, 2020 were elected as directors. Detailed voting results on the election of each nominee are set out below. Director Nominee Votes For Percent Votes Withheld Percent Patrick McDonald (Chair) 62,708,704 99 643,090 1 Derek [Read more]

Prairie Provident announces renewal of its credit facilities, additional liquidity and warrant arrangements

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) announces that the Company has reached agreements with its lenders providing for the renewal of its current credit facilities, an issue of US$11.4 million principal amount of 6-year senior subordinated notes with proceeds applied against its revolving facility, amendments to its existing credit agreements to, among other things, reduce cash interest costs and reset financial covenants, and an issue [Read more]

Cenovus and Husky announce Court of Queen’s Bench approval of proposed business combination

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the Court of Queen’s Bench of Alberta has issued a final order approving the previously announced Plan of Arrangement to combine the two companies. The court’s approval follows separate votes held on December 15, 2020 in which Cenovus common shareholders and Husky common shareholders, optionholders and preferred shareholders supported the proposed transaction to combine the two [Read more]

Cenovus and Husky shareholders approve proposed business combination

CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce that securityholders from both companies have voted to support the proposed transaction, announced October 25, 2020, to combine the two companies into a resilient integrated energy leader. On December 15, 2020, Cenovus and Husky held separate special shareholder meetings via live webcast. Each company’s security holders, respectively, voted on resolutions in connection with the [Read more]

Freehold Royalties Ltd. declares dividend for December 2020

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.02 per common share to be paid on January 15, 2021 to shareholders of record on December 31, 2020. These dividends are designated as “eligible dividends” for Canadian income tax purposes. In addition to paying the dividend to holders of Freehold common shares, Freehold will also pay a dividend equivalent payment to holders of its recently issued subscription [Read more]

Peyto Exploration & Development Corp. confirms dividends for January 15, 2021

CALGARY, Alberta - Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the quarterly dividend with respect to the fourth quarter of $0.01 per common share is to be paid on January 15, 2021, for shareholders of record on December 31, 2020. The ex-dividend date is December 30, 2020. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at [Read more]