BOE Report

Questerre announces resignation of Mr. Sans Cartier from Board of Directors

CALGARY, Alberta, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that Mr. Sans Cartier has resigned from the Board of Questerre to pursue a new career opportunity. The Board of Directors would like to thank Mr. Sans Cartier for his valuable contribution over the past six years and wish him the best of luck with his future endeavors. Questerre Energy Corporation is an energy technology and innovation company. It is … [Read more...]

Peyto Exploration & Development Corp. Confirms Dividends for January 15, 2020 and Approves 2020 Capital Budget

CALGARY, Alberta, Dec. 13, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to December 2019 of $0.02 per common share is to be paid on January 15, 2020, for shareholders of record on December 31, 2019.  The ex-dividend date is December 30, 2019. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Peyto has also finalized its 2020 budget and the Board … [Read more...]

Pipestone Energy Corp. Announces a $225 Million Syndicated Reserve Based Loan and Achievement of 2019 Exit Production Guidance

CALGARY - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that it has successfully re-financed its existing credit facilities with a $225 million Reserve Based Loan (“RBL”), which provides meaningful financial flexibility going forward. Additionally, the Company achieved its previously announced 2019 exit production guidance in November 2019, with average estimated sales production of ~15,700 boe/d (~44% liquids). Credit Facility … [Read more...]

Pieridae Updates 2020 Guidance

Projected 10 Times Increase in Net Operating Income Highlights: Net operating income (“NOI”)1 growth to $80-$110 million with recent acquisition synergies Production in 2020 of 40,000-50,000 boe/d, a 230% to 290% increase over Q3 exit production $10.50-11.50/boe operating costs2 $32 million pre-final investment decision (“FID”) capital budget, $16 million Goldboro LNG development expense budget Commodities hedging of 55-65% on a boe/d basis CALGARY, Alberta, Dec. 12, 2019 … [Read more...]

Husky Energy Announces Revised Series 3 Preferred Share Dividend Rate

CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) -- On December 2, 2019 Husky Energy (TSX:HSE) announced the fixed-rate quarterly dividend applicable to its Cumulative Redeemable Preferred Shares, Series 3 (Series 3 Shares) for the five-year period commencing December 31, 2019. The fixed-rate dividend for the Series 3 Shares announced on December 2, 2019 was calculated on November 29, 2019 as 4.636%, representing the sum of the Canadian Government five-year bond yield of 1.506% plus 3.13%. … [Read more...]

Freehold Royalties Ltd. Declares Dividend for December 2019

CALGARY, Alberta, Dec. 11, 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 January 15, 2020 to shareholders of record on December 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...]

TC Energy Declares Quarterly Dividends

CALGARY, Alberta, Dec. 11, 2019 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that the Board of Directors (Board) of TC Energy declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows: For the period up to but excluding February 28, 2020, payable on February 28, 2020, to shareholders of record at the close of business on January 31, 2020: Series 11 - $0.2375 per shareSeries 13 - … [Read more...]

PrairieSky Royalty Declares December Dividend

CALGARY, Alberta, Dec. 10, 2019 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.065 per common share, payable in cash on January 15, 2020 to shareholders of record on December 31, 2019.  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 … [Read more...]

Cenovus’s 2020 budget maintains focus on cost leadership, capital discipline

CALGARY - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remains committed to delivering increasing shareholder value through cost leadership, capital discipline and continued safe and reliable operations. These commitments, combined with its top-tier upstream assets, successful crude-by-rail program and joint ownership in two high-performing U.S. refineries, position Cenovus to continue generating significant free funds flow while enabling the company to further strengthen its balance sheet in … [Read more...]

Cardinal Announces Its 2020 Operating and Capital Budget, Renewal of the Convertible Debenture Normal Course Issuer Bid and the Monthly Dividend for December

CALGARY - (CJ:TSX) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce that its Board of Directors has approved an operating and capital budget for 2020 that will focus on debt reduction, a sustainable dividend, operating costs reductions and increasing production volumes. Cardinal also announces that the Toronto Stock Exchange (the "TSX") has accepted the notice of Cardinal's intention to commence a normal course issuer bid (the "NCIB"). Highlights of 2020 Budget  … [Read more...]

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