BOE Report

Suncor Energy begins regulatory process to add significant low-carbon power with cogeneration at its Oil Sands operations

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2017) - Suncor today took its first steps in the regulatory process to replace coke-fired boilers with two cogeneration units at its Oil Sands Base Plant as a part of its plan to remain globally cost and carbon competitive. In addition to providing the facility with steam needed for its operations, the cogeneration units are expected to export approximately 700 megawatts (MW) of electricity to the provincial grid, equivalent to roughly seven per cent of [Read more]

Saturn Oil & Gas Inc. Closes Over-Subscribed Equity Financing and Convertible Loan Agreement Totaling C$2,020,800

SASKATOON, SASKATCHEWAN--(Marketwired - Dec. 4, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI) (FRANKFURT:SMK) is pleased to announce that it has closed its over-subscribed equity financing receiving subscriptions totaling C$520,800, subject to TSX Venture Exchange ("TSXV") approval. The Company has also entered into a convertible loan agreement (the "Loan Agreement") with Digistore24 GmbH ("Digistore"), pursuant to which Digistore will lend Saturn C$1,500,000 [Read more]

Enbridge Announces $400 Million Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) ("Enbridge" or the "Company") today announced that it has entered into an agreement with a group of underwriters to sell $400 million Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 19 (the "Series 19 Preferred Shares") at a price of $25.00 per share for distribution to the public. Closing of the offering is expected on or about December 11, 2017. The holders of Series 19 Preferred Shares [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for November 2017 Payable December 29th, 2017

CALGARY, Alberta, Dec. 01, 2017 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November 2017 monthly cash dividend will be $0.10 per share and will be paid on December 29th, 2017.  The record date for the dividend is December 15th, 2017 and the ex-dividend date is December 14th, 2017.  The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

Keyera Corp. Announces $429.4 million Public Offering of Common Shares

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2017) - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has entered into a financing agreement with a syndicate of underwriters co-led by RBC Capital Markets and National Bank Financial Inc. under which Keyera will issue 12,200,000 common shares ("Common Shares") on a "bought deal" basis at an issue price of $35.20 per Common Share for total gross proceeds of approximately $429.4 million. The offering is in support of Keyera's growth capital [Read more]

Saturn Oil & Gas Inc. to Complete a $500,000 Non-Brokered Private Placement

SASKATOON, SASKATCHEWAN--(Marketwired - Nov. 30, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) announces a non-brokered private placement (the "Private Placement") of up to 3,333,333 units (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $500,000. Each Unit consists of a one common share (the "Shares") and one-half of a common share purchase warrant (the "Warrants"). Each whole Warrant will entitle the holder to purchase [Read more]

Enbridge Announces 10 Percent Quarterly Dividend Increase for 2018

CALGARY, ALBERTA--(Marketwired - Nov. 29, 2017) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.671 per common share, payable on March 1, 2018 to shareholders of record on February 15, 2018. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-third consecutive year in which the Company has increased its common share dividend. DIVIDEND [Read more]

Enbridge Completes Strategic Plan and Financial Outlook; Announces Dividend Increase of 10% for 2018 and Confirms Growth Through 2020

CALGARY, ALBERTA--(Marketwired - Nov. 29, 2017) - Enbridge Inc. (Enbridge or the Company) (TSX:ENB)(NYSE:ENB) today announced the finalization of its strategic plan and outlook (the Plan) following the merger with Spectra Energy, which closed on February 27, 2017. The Plan includes a three-year financial outlook covering 2018 - 2020. The following summarizes the key elements of the Plan, which will be further discussed at the Company's investor conferences on December 12th and 13th, in New York [Read more]

Enbridge announces offering of CDN$1.5 billion of common shares by private placement

CALGARY, ALBERTA--(Marketwired - Nov. 29, 2017) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that it has entered into subscription agreements with three large institutional investors to issue 33,456,003 common shares from treasury, on a private placement basis, at a price of CDN$44.84 per common share, for gross proceeds of approximately CDN$1.5 billion (the Offering). The proceeds from the Offering will be used to pay down short term indebtedness pending investment in capital [Read more]