BOE Report

Birchcliff and AltaGas enhance long-term partnership

Agreement Should Reduce Long-term Operating Costs, Increase LPGs to Premium Global Markets, and Drive Shareholder Value for Both Companies All figures contained in the press release are in Canadian dollars unless otherwise stated. CALGARY, Alberta, June 13, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) and AltaGas Ltd. (“AltaGas”) (TSX: ALA) are pleased to announce an expanded partnership focused on reducing long-term operating costs and connecting more [Read more]

Freehold Royalties declares dividend for June 2024

CALGARY, Alberta, June 13, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on July 15, 2024 to shareholders of record on June 28, 2024. 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 Canada [Read more]

Peyto Exploration & Development Corp. announces extension of credit facilities

CALGARY, Alberta, June 10, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to announce that it finalized an agreement with its syndicate of lenders to extend its $1 billion revolving operating facility (the "Revolving Facility") and its amortizing term facility (the "Term Facility"). The maturity dates of the Revolving Facility and the Term Facility have been extended to October 13, 2027, and October 13, 2026, respectively, from [Read more]

International Petroleum Corporation announces results of normal course issuer bid and updated share capital

TORONTO, June 10, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 277,650 IPC common shares (ISIN: CA46016U1084) during the period of June 3 to 7, 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 [Read more]

TC Energy shareholders approve spinoff of South Bow and elect Board of Directors at the 2024 annual and special meeting

CALGARY, Alberta, June 04, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is pleased to announce today that its shareholders voted to approve the spinoff of the Company’s Liquids Pipelines business and elected TC Energy’s Board of Directors at its 2024 annual and special meeting of shareholders. TC Energy shareholders voted in favour of the Arrangement Resolution, pursuant to which, among other things, TC Energy shareholders will [Read more]

PrairieSky Royalty declares quarterly dividend

CALGARY, Alberta, June 04, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on July 15, 2024 to shareholders of record on June 28, 2024. 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]

Prospera Energy Inc. announces 2023 financial results

CALGARY, Alberta, June 01, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA) 2023 was a transformational year for Prospera transforming to horizontal well technology in the Saskatchewan heavy-oil fields. Also, to initiate medium/light-oil development to diversify from predominately a heavy oil producer. The company successfully drilled, completed, and tied in 9 horizontal wells in its Saskatchewan heavy-oil fields and 1 slanted well in its [Read more]

International Petroleum Corporation announces results of normal course issuer bid and updated share capital

TORONTO, May 31, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 173,300 IPC common shares (ISIN: CA46016U1084) during the period of May 27 to 31, 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 [Read more]

PrairieSky receives TSX approval for renewed normal course issuer bid

CALGARY, Alberta, May 31, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of PrairieSky's intention to commence a normal course issuer bid (the "NCIB"). On April 22, 2024, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The NCIB allows the Company to purchase up to 5,000,000 common shares which [Read more]

Prospera Energy Inc. announces Q1 2024 financial results

CALGARY, Alberta, May 31, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. ("Prospera" or the "Corporation") (PEI: TSX-V; OF6A: FRA) Traditionally, Q1 of every year has been burdened by severe cold weather conditions in western Canada and this year was no exception. Consequently, Prospera’s 2023 exiting peak rates of 1,800 boepd were affected by Q1 2024 PEI cold weather conditions. However, PEI was significantly better positioned to resume production on a much quicker timeline than in the same [Read more]