BOE Report

Painted Pony Announces Asset Sale

CALGARY, Alberta, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce that it has entered into a definitive agreement to sell a 75% working interest in 11,280 gross acres (8,460 net acres) in the north east British Columbia Montney for cash consideration of $45 million. The proposed transaction is expected to close on or about October 31, 2019. The proposed transaction is subject to closing conditions. The acreage [Read more]

Freehold Royalties Ltd. Declares Dividend for October 2019

CALGARY, Alberta, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU)  announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on November 15, 2019 to shareholders of record on October 31, 2019. 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 [Read more]

Pieridae Energy Closes the Acquisition of Shell Canada’s Foothills Assets

Highlights: Acquisition immediately accretive to the Company Acquired majority of the gas needed to supply Train 1 at Goldboro LNG facility Further progress made toward Goldboro LNG final investment decision Pieridae remains committed to working respectfully with area communities and Treaty 7 Nations Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and [Read more]

Saturn Oil & Gas Provides Operational Update Highlighting Strong Viking Drilling Results

Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to provide an operational update highlighting results from the Company’s second-half 2019 drilling program, which exceeded expectations, as well as information regarding Saturn’s participation in upcoming investor-focused European events and the issuance of stock options. Viking Drilling Results The Company is pleased to announce results from its second-half 2019 drilling program, with strong volumes [Read more]

Granite Oil Corp. Provides Operational Update and Preliminary Third Quarter Results

GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report the preliminary results for the third-quarter and an operational update. During the recently completed third quarter, the Company made significant progress on debt repayment and completed an initial test of a recompletion program which has the potential to have material, positive impacts on go-forward development of the Company’s Bakken oil pool. Preliminary Third Quarter Results Granite continued its [Read more]

Suncor Energy increases its participation in Enerkem, strengthening their existing relationship

Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer, today announced the closing of a $50 million equity investment from Suncor. As Canada's leading integrated energy company, Suncor first participated in the ownership of Enerkem in April 2019 as part of a $76.3 million equity financing alongside Enerkem's existing shareholders. With this new investment, Suncor becomes a significant, strategic shareholder of Enerkem. In addition to its equity interest, Suncor also provides [Read more]

Delphi Energy Corp. Announces First Closing of Subscription Receipt Offering and Update on Securityholder Meetings

Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that it has closed a portion of its previously announced private placement offering of subscription receipts (the “Offerings”) for aggregate gross proceeds of $2.1 million today. Pursuant to the Offerings, Delphi issued 797,512 equity subscription receipts (“ESRs”) at a price of $1.65 per ESR (the “ESR Price”) for gross proceeds of approximately $1.3 million and 1,067 note subscription receipts (“NSRs”) at a price of $750 [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for Fourth Quarter 2019

CALGARY, Alberta, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto") (TSX: PEY) declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated. Dividend Amount perCommon ShareRecord DateEx-Dividend DatePayment Date$0.02October 31, 2019October 30, 2019November 15, 2019$0.02November 30, 2019November 28, 2019December 13, 2019 (*)$0.02December 31, 2019December 30, 2019January 15, 2020 (*)(*) [Read more]

TC Energy to issue third quarter results November 1

CALGARY, Alberta, Oct. 15, 2019 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Friday, November 1, 2019 to discuss its third quarter 2019 financial results which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President and Chief Financial Officer, and members of the executive leadership team will discuss TC Energy’s third quarter [Read more]

Pieridae Energy Closes Tranche One of Subscription Receipts Private Placement

Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts (the “Offering”). Pieridae has issued 14,970,070 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $12,874,260.20.  Pieridae has also closed on the issuance of 711,967 subscription receipts, at a price of $0.86, on a non-brokered [Read more]