BOE Report

Entergy Texas partners with Kinder Morgan, Golden Pass LNG to fuel Southeast Texas growth

Fuel supply agreement strengthens reliability, lowers costs, and powers growth THE WOODLANDS, Texas, Feb. 11, 2025 /PRNewswire/ -- Entergy Texas reached a landmark transportation agreement with Kinder Morgan to secure natural gas supply, supporting the rapid industrial, commercial and residential growth in the region. The arrangement, which was developed in collaboration with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project. The 216-mile project [Read more]

Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering

CALGARY, AB, Feb. 11, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) announces the closing of the previously announced private offering (the "Offering") of US$400 million aggregate principal amount of eight-year senior unsecured notes (the "New Notes"). The New Notes mature on February 15, 2033 and have a fixed coupon of 7.250% per annum, paid semi-annually on February 15 and August 15, commencing August 15, 2025. The New Notes have not been [Read more]

Parkland Provides Update on Governance Agreement Court Decision

CALGARY, AB, Feb. 10, 2025 /PRNewswire/ - Parkland Corporation ("Parkland" "we" the "Company" or "our") acknowledges the Ontario Superior Court of Justice's decision which found that Simpson Oil Limited ("Simpson Oil") is no longer bound by the voting and standstill restrictions in the Governance Agreement.   Both Simpson Oil and Parkland freely entered into the Governance Agreement in 2019 which was designed to protect the interests of Parkland's other shareholders. Simpson Oil [Read more]

ARC Resources Ltd. reports year-end 2024 results and reserves

CALGARY, AB, Feb. 6, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2024 financial and operational results as well as its year-end 2024 reserves. HIGHLIGHTS Fourth Quarter 2024 Results ARC delivered record quarterly production of 382,341 boe(1) per day (62 per cent natural gas and 38 per cent crude oil and liquids(2)), in line with fourth quarter guidance of between 380,000 and 385,000 boe per day. Production [Read more]

Whitecap Resources Inc. announces strong 2024 reserves metrics and provides an operations update

CALGARY, AB, Feb. 3, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to provide the results of our 2024 year end reserves evaluation as prepared by McDaniel & Associates Consultants Ltd. ("McDaniel"). 2024 was a strong operational and financial year for Whitecap, driven by the successful execution of our organic drilling program. Our annual production of 174,255 boe/d1 (65% liquids) was significantly above our initial expectations for the year, [Read more]

Strathcona Resources Ltd. Announces Increased Public Float as a Result of Partial Disposition of Common Shares by Waterous Energy Fund

CALGARY, AB, Jan. 31, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today announced that Waterous Energy Fund Co-investment (Canadian) LP and Waterous Energy Fund Co-investment (International) LP (together, the "WEF Funds"), two of the limited partnerships comprising Waterous Energy Fund ("WEF"), have completed a share pass-through transaction resulting in the disposition of 24,010,576 common shares of Strathcona, representing approximately 11.2% of the [Read more]

Ovintiv Announces Closing of Montney Asset Acquisition

DENVER, Jan. 31, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day ("MBOE/d") of production, 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres of land, strategically located near the Company's current Montney operations with ample access to [Read more]

Vermilion Energy Inc. Announces the Pricing of Its Unsecured Notes Offering

CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) today announced the pricing of its previously announced private offering of up to US$400 million of eight-year senior unsecured notes (the "New Notes"). The New Notes will be issued in the aggregate principal amount of US$400 million, and will have a maturity date of February 15, 2033 and a fixed coupon of 7.250% per annum, to be paid semi-annually. The offering of the New Notes [Read more]

Vermilion Energy Inc. Announces Proposed Issuance of US$400 Million Senior Unsecured Notes

CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) announces its intention to issue up to US$400 million aggregate principal amount of eight-year senior unsecured notes (the "New Notes") in a private offering to qualified institutional buyers (the "Offering"), subject to market and other conditions. The Company intends to use the net proceeds from the New Notes, at its option, to (a) redeem or repay the outstanding amount of the [Read more]

Vermilion Energy Inc. Announces Filing of Westbrick Financial Information and Increase to Term Loan Facility

CALGARY, AB, Jan. 28, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) has filed certain financial information relating to its proposed acquisition of Westbrick Energy Ltd. on its profile on SEDAR+ (www.sedarplus.ca). In addition, the Company has received commitments and consent from lenders to increase the previously announced fully underwritten term loan maturing May 2028 from $250 million to $450 million. About Vermilion Vermilion is an [Read more]