BOE Report

Suncor Energy announces pricing of US$1.0 billion notes offering

CALGARY, Alberta - Suncor announced today that it has priced an offering of US$450 million in aggregate principal amount of senior unsecured notes due on May 15, 2023 (the “2023 Notes”) and US$550 million in aggregate principal amount of senior unsecured notes due on May 15, 2025 (the “2025 Notes” and, together with the “2023 Notes”, the “Notes”). The 2023 Notes will have a coupon of 2.800% and the 2025 Notes will have a coupon of 3.100%. The offering is expected to close on May 13, 2020, [Read more]

Delphi Energy Corp. provides update on CCAA proceedings and operations update

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”) extending the stay period provided by the amended and restated initial order to May 22, 2020. Delphi reports that Luminus Energy IE Designated Activity Company, an affiliate of a pooled investment vehicle of Luminus Management, LLC (“Luminus”), [Read more]

Painted Pony Announces Results from 2020 Annual General Meeting of Shareholders

CALGARY, Alberta - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce the results from the 2020 Annual General and Special Meeting of Shareholders held on May 7, 2020 (the "Meeting"). ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Corporation dated March 20, 2020.  The results of the voting on the election of directors is set forth below. Director [Read more]

Return Energy Inc. (to be renamed Spartan Delta Corp.) announces court approval of its transformational acquisition

CALGARY, Alberta - Return Energy Inc. d.b.a. Spartan Delta Corp. ("Spartan" or the "Company") (RTN: TSXV) is pleased to announce that its previously announced acquisition (the "Acquisition") of substantially all of the assets of Bellatrix Exploration Ltd. ("Bellatrix") has been approved by the Court of Queen's Bench of Alberta (the "CCAA Court") under the Companies' Creditors Arrangement Act (Canada). The CCAA Court has granted Bellatrix an Approval and Vesting Order (the "Approval Order") in [Read more]

Return Energy Inc. (to be renamed Spartan Delta Corp.) announces completion of upsized equity financing

CALGARY, Alberta - Return Energy Inc. d.b.a. Spartan Delta Corp. ("Spartan" or the "Company") (RTN: TSXV) is pleased to announce that it has closed its previously announced non-brokered equity financing. The Company has issued 2,945,500,000 subscription receipts (the "Subscription Receipts") at a price of $0.02 per Subscription Receipt for aggregate gross proceeds of $58.91 million (the "Subscription Receipt Offering"). In addition, the Company has entered into irrevocable subscription [Read more]

Peyto Exploration & Development Corp. Announces Results of Directors Vote

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated March 25, 2020 were elected as directors of Peyto at Peyto's annual and special meeting of shareholders (the "Meeting") held today, May 7, 2020.  The detailed results of the vote for the election of directors held at the Meeting are set out below. Election of Directors On a vote by [Read more]

Baytex Reports Shareholder Meeting Results

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved.  A total of 197,784,694 common shares being 35.29% of Baytex’s issued and outstanding shares were represented at the meeting. At the meeting, all of the nominees proposed as directors were duly elected. Results of the vote are set out below. Name of Nominee Votes [Read more]

Cardinal Energy Ltd. announces first quarter 2020 financial results

CALGARY, Alberta - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the first quarter ended March 31, 2020. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim financial statements and related Management's Discussion and Analysis for the three months ended March 31, 2020 which are available at www.sedar.com and on our website at [Read more]

Baytex announces first quarter 2020 financial and operating results

CALGARY, Alberta - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months ended March 31, 2020 (all amounts are in Canadian dollars unless otherwise noted). “As an industry, we are facing an unprecedented challenge due to the effects of COVID-19 and the significant degradation and volatility in global crude oil prices. In response, Baytex has moved to ensure the safety and health of our people and to maintain liquidity, minimize capital [Read more]

Athabasca Oil Corporation Announces Results from 2020 Annual Shareholder Meeting

CALGARY, May 07, 2020 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 7, 2020 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees and the appointment of Ernst & Young LLP as auditors. A recording of the meeting and corporate [Read more]