BOE Report

TransGlobe Energy Corporation announces second quarter 2020 financial and operating results for the three and six months ended June 30, 2020

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”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2020. All dollar values are expressed in United States dollars unless otherwise [Read more]

Canadian Natural Resources Limited announces acquisition of Painted Pony Energy Ltd.

CALGARY, Alberta - Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces it has entered into a definitive arrangement agreement with Painted Pony Energy Ltd. (“Painted Pony”) relating to the acquisition of all the issued and outstanding common shares of Painted Pony, for a cash consideration of $0.69 per share. The Company will also assume Painted Pony’s total debt of approximately $350 million. This transaction value represents approximately 1% of Canadian Natural’s [Read more]

Painted Pony enters into agreement to be acquired by Canadian Natural Resources Limited

CALGARY, Alberta - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Canadian Natural Resources Limited (the “Purchaser”) (TSX, NYSE: CNQ) pursuant to which the Purchaser has agreed to acquire all of the issued and outstanding common shares of Painted Pony (“Painted Pony Shares”) for cash consideration of $0.69 per Painted Pony Share (the “Purchase Price”). The [Read more]

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425 (forty-two and one half cents per common share). The dividend will be payable on October 5, 2020 to shareholders of record at the close of business on September 18, 2020. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western [Read more]

Canadian Natural Resources Limited announces 2020 second quarter results

CALGARY, Alberta - Commenting on the Company's second quarter 2020 results, Tim McKay, President of Canadian Natural, stated "Canadian Natural is in a strong position as a result of our capital flexibility and continued focus on cost control, which maximizes margins in a volatile commodity price environment. The effectiveness of our strategies and our ability to execute on those strategies allows us to react quickly to changing markets and commodity price volatility. In Q2/20, we delivered top [Read more]

Cardinal Energy Ltd. announces redetermination of credit facility and completion of exchange right

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) confirms the Company has completed the redetermination of its credit facility in partnership with its syndicate of lenders. Cardinal's credit facility has been confirmed at $225 million, comprised of a $205 million revolving facility and a $20 million operating facility with the revolving period extended to August 31, 2020 and the credit facility maturing on May 23, 2021. Cardinal   anticipates the credit facility will provide [Read more]

Husky Energy announces notes offering

CALGARY, Alberta - Husky Energy (TSX: HSE) has agreed to issue pursuant to a public offering $1.25 billion Cdn of notes, which will mature on February 7, 2028 (the “2028 Notes”). The 2028 Notes have a coupon of 3.50% and have been rated BBB(high) with a negative trend by DBRS Limited, BBB by Standard & Poor’s, a division of S&P Global Inc., and Baa2 by Moody’s Investor Services Inc. The net proceeds of this offering will be used for general corporate purposes, which may include, among [Read more]

Keystone XL announces project labor agreement with four U.S. unions

Creates Multi-Million Dollar Training Program for Renewable Energy Sector HOUSTON - Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today that Keystone XL has reached a project labor agreement (PLA) with four leading U.S. labor unions that will inject hundreds of millions of dollars in middle-class wages into the American economy, while ensuring this pipeline will be built by the highest-skilled and highest-trained workforce. TC Energy is also working with labor [Read more]

Pipestone Energy Corp. announces a $70 Million convertible preferred share financing transaction to fund an accelerated development plan, and announces its annual and special meeting of shareholders

CALGARY, Alberta - Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that it has entered into subscription agreements with Riverstone V EMEA Holdings Cooperatief U.A. (“Riverstone”), GMT Capital Corp. (“GMT Capital”), and GMT Exploration Company LLC (“GMT Exploration” and collectively with Riverstone and GMT Capital, the “Investors”) in respect of the financing (the “Financing”). Pursuant to the terms of the subscription agreements, the Investors have agreed to [Read more]

Gibson Energy announces 2020 second quarter results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three and six months ended June 30, 2020. “In a very challenging quarter for our industry, Gibson delivered strong operational and financial results, highlighting the resilient nature of our Infrastructure segment’s long-term, contracted cash flows as well as the ability of our Marketing [Read more]