BOE Report

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta - PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.06 per common share, payable in cash on July 15, 2020 to shareholders of record on June 30, 2020.  This dividend is designated as an “eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its [Read more]

Questerre appoints Ms. Mireille Fontaine to board and reports on AGM voting results

CALGARY, AB - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that, at its annual and special meeting of shareholders held on June 9, 2020 (the “Meeting”), Ms. Mireille Fontaine joined the Board of Questerre. Bjorn Inge Tonnessen, Chairman of Questerre, commented, “We are delighted to have Mireille join our Board. A seasoned lawyer with an extensive corporate finance practice, she will be an invaluable addition as we advance our Clean Tech Energy [Read more]

Cequence Energy announces extension of stay period to September 8, 2020 and scheduled delisting from the Toronto Stock Exchange

CALGARY, Alberta - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) announces that it has obtained an order form the Court of Queen’s Bench of Alberta (the “Court”) extending the stay of proceedings previously granted by the Court on May 29, 2020 as part of Cequence’s application under the Companies’ Creditors Arrangement Act (“CCAA”). The stay of proceedings has been extended  to September 8, 2020. The extension of the stay period will allow the Company to pursue potential [Read more]

Saturn Oil & Gas Inc. announces Q1 2020 results

CALGARY, Alberta - Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) today announced its financial and operating results for the three month period ended March 31, 2020. The Company’s unaudited interim financial statements and corresponding Management’s Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2020 are available on SEDAR at www.sedar.com and on Saturn’s website at www.saturnoil.com.  Copies of the materials can also be obtained [Read more]

Zargon Oil & Gas Ltd. provides 2020 first quarter results

CALGARY, Alberta - Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2020 first quarter financial results. Highlights from the first quarter ended Mar. 31, 2020 are provided below: FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2020) Funds flow from operating activities was a negative $1.24 million compared to $1.35 million recorded in the prior quarter. The decrease from the prior quarter is primarily due to significantly lower commodity [Read more]

Birchcliff Energy Ltd. announces declaration of quarterly common share and preferred share dividends

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending June 30, 2020: Shares TSX Stock Symbol Dividend per Share Common Shares BIR $0.005 Cumulative Redeemable Preferred Shares, Series A BIR.PR.A $0.523375 Cumulative Redeemable Preferred Shares, Series C BIR.PR.C $0.4375 The dividends are payable on [Read more]

Saturn Oil & Gas Inc. postpones release of first quarter 2020 results

CALGARY, Alberta - Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) announced today that due to the impact of the global COVID-19 pandemic, it will postpone the filing of its interim financial statements ("Financial Statements") and management's discussion and analysis ("MD&A") for the first quarter period ended March 31, 2020, until no later than June 8, 2020. The Company will be relying on the exemption provided in BC Instrument 51-515 Temporary Exemption [Read more]

Bellatrix Announces Completion of Sale Transaction with Spartan

CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces the closing of its sale transaction (the “Transaction”) previously announced on April 23, 2020 and approved by the Court of Queen’s Bench of Alberta on May 8, 2020 in Bellatrix’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”). Pursuant to the Transaction, Return Energy Inc. (renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow [Read more]

Spartan Delta Corp. announces closing of previously announced transformational acquisition

CALGARY, Alberta - Spartan Delta Corp. (formerly Return Energy Inc., "Spartan" or the "Company") (RTN: TSXV) is pleased to announce the closing of its previously announced acquisition of substantially all of the assets (the "Assets") of Bellatrix Exploration Ltd. (the "Acquisition"). The Acquisition was funded through a combination of cash on hand and a senior-secured lending facility with a syndicate of lenders comprised of National Bank of Canada, ATB Financial and Canadian Western Bank in [Read more]

TC Energy provides conversion right and dividend rate notice for Series 3 and 4 preferred shares

CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares) on June 30, 2020.  As a result, subject to certain conditions: (a)  the holders of Series 3 Shares have the right to choose one of the following [Read more]