BOE Report

TC Energy reports results of Conversion Privilege for Series 3 and Series 4 preferred shares

CALGARY, Alberta- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that 401,590 of its 8,533,405 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) have been elected for conversion on June 30, 2020, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares); and 1,865,362 of its 5,466,595 Series 4 Shares have been elected for conversion, on a one-for-one basis, into [Read more]

Petrus Resources Announces Extension to Credit Agreement

CALGARY, Alberta, June 19, 2020 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:  PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from June 22, 2020 to June 29, 2020. The Company continues to be in discussions with the bank syndicate on a one year extension to the credit facility, as well as with its term loan provider on a one year extension to the term loan.  While discussions are [Read more]

Cardinal Energy Ltd. announces approval of debenture amendments and commencement of exchange right

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) announces that 99.54% of the holders of our 5.50% convertible debentures that voted at the extraordinary meeting of debentureholders held earlier today have voted in favour of a resolution approving certain amendments to the debentures. As a result, all debentureholders now have the right to exchange their debentures for a new series of 8.00% convertible debentures. This right must be exercised prior to 5:00 p.m. (Eastern time) on [Read more]

Delphi Energy Corp. Provides Update on Continuous Disclosure Filings

CALGARY, Alberta - As previously announced by Delphi Energy Corp. (“Delphi” or the “Company”), the Company is relying on exemptive relief granted by Canadian securities regulatory authorities that allows it to delay the filing of its interim financial report for the interim period ended March 31, 2020 as required by section 4.4 of National Instrument 51-102 and related management's discussion & analysis as required by subsection 5.1(2) of National Instrument 51-102 (collectively, the “Q1 [Read more]

Toscana Energy provides further update on continuous disclosure filings

CALGARY, Alberta - Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces that, further to its May 14, 2020 news release, Toscana will be postponing its reporting of the Corporation’s first quarter financial statements, accompanying management's discussion and analysis, and related certifications for the period ended March 31, 2020 (the "Q1 Filings"), to June 26, 2020. This news release is being issued in accordance to the blanket relief of a 45-day extension [Read more]

Husky Energy Reports Results of Series 7 Preferred Share Conversion

CALGARY, Alberta, June 17, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX: HSE) announces that 212,461 Cumulative Redeemable Preferred Shares, Series 7 (Series 7 Shares) were tendered for conversion, which is less than the one million shares required to give effect to conversion into Cumulative Redeemable Preferred Shares, Series 8 (Series 8 Shares). As a result, none of the Series 7 Shares will be converted into Series 8 Shares on June 30, 2020. Investor and Media Inquiries: Leo Villegas, Senior [Read more]

Bellatrix Announces Plans For Future Filing Of Continuous Disclosure Documents

CALGARY, Alberta - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") announced that it had completed the sale of substantially all of its assets pursuant to Bellatrix’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA Proceedings”). As a result, the Company is in the process of an orderly winding-up of its business pursuant to the CCAA Proceedings, which continues to be overseen by PricewaterhouseCoopers Inc. (“PwC”), the Court appointed monitor in the CCAA [Read more]

Petrus Resources announces extension to credit agreement

CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:  PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from June 15, 2020 to June 22, 2020. The Company continues to be in discussions with the bank syndicate on a one year extension to the credit facility, as well as with its term loan provider on a one year extension to the term loan.  While discussions are ongoing, there is no certainty, nor [Read more]

Pipestone Energy Corp. announces it has successfully maintained Its $225 million reserve based loan and provides an operations update

CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that it has successfully redetermined its Reserve Based Loan (“RBL” or “Credit Facility”) with its syndicate of banks, maintaining its credit capacity of $225 million. RBL and Financial Liquidity Update: Pipestone Energy has closed on its RBL redetermination with its corporate banking syndicate, consisting of National Bank Financial Inc., Bank of Montreal, ATB Financial, and [Read more]

Freehold Royalties Ltd. declares dividend for June 2020

CALGARY, Alberta, June 11, 2020 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.015 per common share to be paid on July 15, 2020 to shareholders of record on June 30, 2020. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under [Read more]