BOE Report

Toscana Energy and i3 Energy complete arrangement

CALGARY, Alberta - i3 Energy plc (i3 Energy) (AIM: I3E) and Toscana Energy Income Corporation (Toscana or the Company) (TSX: TEI) are pleased to announce that the previously announced transaction (Transaction) pursuant to which i3 Energy will acquire all of the issued and outstanding shares in the capital of Toscana (Toscana Shares) has been successfully completed. In connection with the Transaction, an aggregate of 4,399,215 ordinary shares in the capital of i3 Energy (i3 Shares) were issued [Read more]

Cardinal Energy Ltd. announces extension of revolving credit facility

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) has received approval to extend the revolving period applicable to the Company's existing reserves-based credit facility to November 30, 2020. The credit facility continues to be available, on a revolving basis, until that date. In connection therewith, the date for the re-determination of the borrowing base has also been extended to November 30, 2020. About Cardinal Energy Ltd. One of Cardinal's goals is to continually improve [Read more]

Saturn Oil & Gas Inc. announces management change

CALGARY, Alberta - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX.V: SOIL) (FSE: SMK) announces that Mr. Geoff Jones has resigned effective October 31, 2020 to pursue other interests. Mr. Jones had served as Saturn’s CFO and Corporate Secretary since September of 2018.  On an interim basis, Ms. Wendy Woolsey has joined Saturn to manage the senior accounting and reporting roles while the Board of Directors actively searches for a permanent successor. “I want to thank Geoff for his [Read more]

Devon Energy reports third-quarter 2020 financial and operational results

OKLAHOMA CITY, Oct. 29, 2020 - Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the third quarter 2020. The company’s earnings release, supplemental financial tables, updated guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. These materials will also be available on the Securities and Exchange Commission's website. The company’s third-quarter conference call will be held at [Read more]

TC Energy reports robust third quarter financial results

Continues to advance $37 billion secured capital program CALGARY, Alberta, Oct. 29, 2020 - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for third quarter 2020 of $904 million or $0.96 per share compared to net income of $739 million or $0.79 per share for the same period in 2019. For the nine months ended September 30, 2020, net income attributable to common shares was $3.3 billion or $3.55 per share compared to net [Read more]

Husky Energy announces third quarter 2020 dividend and fourth quarter 2020 preferred shares dividend payments

CALGARY, Alberta, Oct. 29, 2020 - Husky Energy’s Board of Directors has approved a quarterly dividend of $0.0125 (Cdn) per common share for the three-month period ended September 30, 2020. The dividend will be payable on January 4, 2021 to shareholders of record at the close of business on December 1, 2020. Regular dividend payments on each of the Cumulative Redeemable Preferred Shares – Series 1, Series 2, Series 3, Series 5 and Series 7 – will be paid for the three-month period ended [Read more]

Husky Energy reports third quarter 2020 results

This news release contains references to the non-GAAP financial measures “funds from operations”, “free cash flow”, “net debt”, “operating margin”, and “net debt to trailing funds from operations.” Please refer to “Non-GAAP Measures” at the end of this news release. CALGARY, Alberta, Oct. 29, 2020 - Husky Energy (TSX: HSE) recorded funds from operations of $148 million in the third quarter. Cash flow from operating activities was $79 million, including changes in non-cash working capital of $69 [Read more]

Cenovus delivers strong third-quarter operating results

Company generates free funds flow, reduces net debt CALGARY, Alberta, Oct. 29, 2020 - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong operational performance and further improved its financial resilience in the third quarter by remaining committed to disciplined capital investment, cost leadership and leveraging the flexibility of its assets and marketing strategy to generate positive free funds flow. The company took advantage of the higher commodity prices by ramping up [Read more]

International Petroleum Corporation to release 2020 Third Quarter Financial Results on November 3, 2020

TORONTO, Oct. 29, 2020 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the nine months ended September 30, 2020, on Tuesday, November 3, 2020 at 07:30 CET, followed by an audio cast at 09:00 CET. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the report and the latest developments from IPC. Follow the presentation live [Read more]

Royal Dutch Shell plc third quarter 2020 interim dividend

The Hague - The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today announced an interim dividend in respect of the third quarter of 2020 of US$ 0.1665 per A ordinary share (“A Share”) and B ordinary share (“B Share”). Chair of the Board of Royal Dutch Shell, Chad Holliday commented: "The Board has reviewed Shell’s recent performance and its plans to grow its businesses of the future, and we are confident that Shell can sustainably grow its shareholder distributions as well as [Read more]