BOE Report

TC Energy announces Canada’s largest Indigenous equity ownership agreement

Made possible by the Alberta Indigenous Opportunities Corporation, the partnership enables Indigenous Communities to own part of Canada’s largest natural gas pipeline network, while creating shareholder value and progressing TC Energy’s strategic priorities   TC Energy’s NGTL System compressor station and pipeline right-of-way near Nordegg, Alta. CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) --  TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to [Read more]

International Petroleum Corporation announces second quarter 2024 financial and operational results and releases sustainability report

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2024. IPC also released its Sustainability Report, which details the Corporation's environmental, social and governance (ESG) performance. William Lundin, IPC's President and Chief Executive Officer, comments: “We are pleased to announce another [Read more]

Trans Mountain Corporation announces appointment of new Trans Mountain Board Chair

CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Trans Mountain Corporation today announced William (Bill) Downe’s retirement as Trans Mountain’s Board Chair after six years of dedicated service and the appointment of Dawn Farrell, Trans Mountain’s President and CEO, to succeed him as Board Chair effective September 1, 2024. The Board of Directors is undertaking a CEO succession process and will have further announcements in due course. The Board of Directors is [Read more]

Athabasca Oil Corporation Announces a C$200 Million Unsecured Notes Offering and Issuance of a Conditional Redemption Notice for its US$157 Million of Secured Notes due 2026

CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announced today that it has entered into an underwriting agreement to sell at par, pursuant to a private placement (the “Offering”), $200 million senior unsecured notes due 2029 (the “Notes”) which bear interest at 6.75% per annum. Closing of the Offering is anticipated on or about August 9, 2024. Athabasca intends to use the net proceeds of the Offering and cash on hand to [Read more]

Gibson Energy Declares Dividend

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.41 per common share payable on October 17, 2024, to shareholders of record at the close of business September 30, 2024. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident [Read more]

Gibson Energy Announces 2024 Second Quarter Results

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and six months ended June 30, 2024. "We are pleased to announce another strong quarter, driven by a new high water mark for our Infrastructure segment and solid Marketing performance in line with guidance," said Steve Spaulding, President and Chief [Read more]

Pieridae Announces Sale of Goldboro, Equity Financing, Full Repayment of Bridge Loan & Production Shut-In

Completes strategic pivot to a focused E&P and Midstream company while reducing both debt and cost of capital CALGARY, Alberta, July 25, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce it has completed the sale of its Goldboro assets (the “Goldboro Sale”) and has issued notice to repay in full the Company’s subordinated secured bridge loan (the “Bridge Loan”). The balance of the Bridge Loan repayment in excess of the Goldboro [Read more]

Athabasca Oil announces 2024 second quarter results highlighted by record free cash flow, 28,000 bbl/d milestone at Leismer and strong Duvernay well results; Sanctioning progressive growth to 40,000 bbl/d at Leismer

CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results highlighted by record Free Cash Flow, operational milestones and the continued execution on return of capital commitments. Corporate Consolidated Q2 2024 Highlights Production: Average production of 37,621 boe/d (98% Liquids). The Company is increasing its annual corporate guidance by 1,000 boe/d to 36,000 – 37,000 boe/d, [Read more]

Archrock to acquire Total Operations and Production Services, LLC

$983 million cash and stock transaction expected to be immediately accretive to Archrock’s earnings per share and cash available for dividend per share Complements and deepens existing compression operations in the Permian Basin with addition of 580,000 horsepower of young assets, including approximately 500,000 operating horsepower and a substantial and contracted backlog of new equipment Expands Archrock’s capabilities in electric motor drive compression, in-line with emissions reduction [Read more]

International Petroleum Corporation announces results of normal course issuer bid

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 261,450 IPC common shares (ISIN: CA46016U1084) during the period of July 15 to 19, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB). IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 [Read more]