BOE Report

Cardinal Energy Ltd. announces extension of credit facility redetermination date and debenture holder meeting

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) has received approval to extend the revolving period under the Company's $325 million reserves-based credit facility (the "Credit Facility") and intends to call a meeting of the holders of its 5.50% extendible convertible unsecured subordinated debentures due December 31, 2020 (the "Debentures") to amend the Debentures with the addition of an exchange right. Credit Facility The Company's $325 million Credit [Read more]

TC Energy completes partial monetization and project financing transactions for Coastal GasLink

CALGARY - News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has completed the sale of a 65 per cent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project). In addition, the Coastal GasLink Pipeline Limited Partnership has executed a credit agreement with a syndicate of banks extending non-recourse project-level financing to fund the majority of the construction costs for the Project which, with the closing [Read more]

Pipestone Energy Corp. to Reschedule Shareholder Meeting

CALGARY - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) announces that it is cancelling the annual and special meeting of shareholders scheduled for June 30, 2020. Once the situation in Alberta has improved such that an in-person meeting can be held in a manner that is safe for the participants, Pipestone Energy will reschedule and hold an annual and special meeting of shareholders. Pipestone Energy will rely on the temporary blanket relief provided by the Canadian [Read more]

Delphi Energy Corp. announces approval of interim financing and extension of stay period to October 9, 2020

CALGARY, Alberta - Delphi Energy Corp. (“Delphi” or the “Company”) announces that it has obtained an order from the Court of Queen’s Bench of Alberta (the “Court”) granted in Delphi’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”): (i) extending the stay period to October 9, 2020, (ii) approving interim financing arrangements intended to fund the Company’s operations and expenses during the CCAA proceedings, and (iii) approving a claims process with a claims bar date of [Read more]

Devon Energy Announces Virtual-Only Format, Change in Time for 2020 Annual Stockholders Meeting

OKLAHOMA CITY, May 19, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced a change in the time and format for its 2020 Annual Meeting of Stockholders. Because of continued concerns about the COVID-19 pandemic, the Annual Meeting will be held solely by remote communication, in a “virtual-only” format. The previously announced date of June 3, 2020, has not changed, but the meeting will now take place at 1 p.m. Central Time (CT) rather than 8 a.m. CT. As a safety precaution, [Read more]

Pieridae to hold conference call and webcast for Q1 2020 financial results

CALGARY, Alberta- Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) will release its first-quarter 2020 results on Thursday, May 28, 2020 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 9:30 a.m. (MDT) / 11:30 a.m. (EDT). Members of the investment community, shareholders and other interested parties are [Read more]

Birchcliff Energy Ltd. announces voting results from 2020 annual and special meeting of shareholders

CALGARY, Alberta - Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 14, 2020 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 25, 2020 (the “Information Circular”). In addition, shareholders approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information [Read more]

Pieridae Responds to regulatory decision regarding alberta foothills assets transfer of licences

The Company is Confident a Solution Will Be Found CALGARY, Alberta - Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) issued the following statement from CEO Alfred Sorensen with respect to the Alberta Energy Regulator’s (“AER”) decision to deny the application to transfer licences for Shell’s Foothills Assets to Pieridae: “We are disappointed by the AER’s decision regarding the transfer of licences for the Foothills Assets. The decision has nothing to do with Pieridae’s [Read more]

Cequence Energy announces first quarter financial results

CALGARY, Alberta - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three months ended March 31, 2020. The Company’s Management’s Discussion and Analysis (“MD&A”) and Condensed Consolidated Financial Statements are available at cequence-energy.com and on SEDAR at www.sedar.com. HIGHLIGHTS Production was 5,669 boe/d for the three months ended March 31, 2020 compared to 5,964 boe/d for the same period in [Read more]

Prairie Provident Resources announces first quarter 2020 financial and operating results

CALGARY, Alberta - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") today announces our financial and operating results for the three months ended March 31, 2020. PPR’s unaudited condensed interim consolidated financial statements for the three months ended March 31, 2020 (“Interim Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2020 are available on our website at www.ppr.ca and filed on [Read more]