BOE Report

Pipestone Energy Corp. announces graduation to the Toronto Stock Exchange

CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to announce that its common shares and warrants have been approved for listing on the Toronto Stock Exchange (“TSX”) and will commence trading on the TSX at the opening of the market on December 16, 2020. Concurrent with the up-listing to the TSX, the common shares and warrants of Pipestone will be de-listed from the TSX Venture Exchange. Pipestone’s ticker symbol for the common shares and warrants [Read more]

TC Energy announces definitive agreement to acquire all outstanding common units of TC PipeLines, LP

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) today announced it has entered into a definitive agreement and plan of merger to acquire all the outstanding common units of TC PipeLines, LP (NYSE: TCP) (TCP or the Partnership) not beneficially owned by TC Energy or its affiliates in exchange for TC Energy common shares. Pursuant to the agreement, TCP common unitholders would receive 0.70 common shares of TC Energy for each issued and outstanding publicly-held TCP common [Read more]

TransGlobe Energy corporation announces director/PDMR shareholdings

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on December 11, 2020 that Randy Neely acquired common shares as follows.  PDMR Date of Acquisition Number of Common Shares Acquired Price Number of Common Shares held following the transaction % of Company's issued share capital held  Randy Neely December 11, 2020 50,000 CAD $1.23 250,000 0.34% Notification of a [Read more]

Cardinal Energy Ltd. announces extension of credit facility

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) announces it has received approval from its syndicate of lenders to extend our credit facilities ("Facilities"). The Facilities were renewed at $225 million and extend the revolving period and maturity date to May 31, 2021 and May 31, 2022, respectively. In this renewal Cardinal has received reserve based lending commitments from two new lenders, Export and Development Canada and Canadian Western Bank, while one [Read more]

Gibson Energy announces $250 million hybrid note offering

CALGARY, Alberta - Gibson Energy Inc. announced today that it will issue $250 million of 5.25% fixed-to-fixed rate subordinated notes due December 22, 2080 (the “Offering”). The Offering is expected to close on or about December 22, 2020, subject to customary closing conditions. Gibson intends to use the net proceeds from the Offering to fund the previously announced redemption of its outstanding 5.25% convertible unsecured debentures due July 15, 2021, to reduce outstanding indebtedness under [Read more]

TC Energy declares quarterly dividends for Series 11, 13 and 15 preferred shares

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared quarterly dividends on outstanding Series 11, 13 and 15 Cumulative First Preferred Shares as follows: For the period up to but excluding February 26, 2021, payable on February 26, 2021 to shareholders of record at the close of business on February 1, 2021: Series 11 (TRP.PR.G) - $0.2094375 per share Series 13 (TRP.PR.J) - $0.34375 per [Read more]

Freehold Royalties Ltd. announces closing of equity financing

CALGARY, Alberta - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that it has completed its previously announced bought deal financing, issuing 9,856,000 subscription receipts (Subscription Receipts) at a price of $4.80 per Subscription Receipt for gross proceeds of approximately $47.3 million, which included the full exercise of the over-allotment option granted to the underwriters. The bought deal offering was completed through a syndicate of underwriters led by RBC Capital Markets and [Read more]

Canadian Natural Resources Limited announces 2021 budget

CALGARY, Alberta - Canadian Natural’s President, Tim McKay, commented “Canadian Natural is a unique, sustainable and robust company, proven by its ability to generate sustainable free cash flow through the commodity price cycle, setting us apart from our peers. Our balanced, diverse and high-quality assets, of which the majority are long-life no decline Synthetic Crude Oil reserves with low reservoir risk and low capital requirements, provide us the opportunity to sustain or grow production. Our [Read more]

TransGlobe energy corporation announces director/PDMR shareholdings

AIM & TSX:  "TGL" & NASDAQ:  "TGA" CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on December 4, 2020 that Ross Clarkson acquired common shares as follows. PDMR Date of Acquisition Number of Common Shares Acquired Price Number of Common Shares held following the transaction % of Company's issued share capital held Ross Clarkson December 4, 2020 4,000 CAD $0.919 1,850,493 2.55 % The Company [Read more]

Pipestone Energy Corp. announces new 50 MMcf/d gas processing and associated condensate handling arrangement with Veresen Midstream

CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to announce it has entered into an agreement with Veresen Midstream LP (“Veresen Midstream”) for an additional 50 MMcf/d of gas processing capacity at the Veresen Midstream Hythe Gas Plant (“Hythe”), as well as ancillary transportation and fractionation services with Pembina Pipeline and certain of its affiliates (“Pembina”). This arrangement with Veresen Midstream aligns with the Company’s [Read more]