BOE Report

CNOOC Petroleum North America ULC announces early tender results and upsize of maximum amount for its cash tender offer

CALGARY, AB, June 25, 2024 /PRNewswire/ -- CNOOC Petroleum North America ULC (the "Company") today announced the early tender results as of 5:00 p.m., New York City time, on June 24, 2024 (the "Early Tender Deadline") for its previously announced cash tender offer (the "Tender Offer") to purchase outstanding debt securities of the Company listed in the table below (collectively, the "Notes," and each a "Series" of Notes) from each registered holder of the applicable Series of Notes (each, a [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.17 per share for July 15, 2024

CALGARY, AB, June 17, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.17 per share for July 15, 2024 to shareholders of record on June 28, 2024. At June 17, 2024, the trailing 12-month payments to shareholders total $0.68 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations. ARC's investment-grade credit profile is [Read more]

Veren announces closing of non-core asset disposition

CALGARY, AB, June 14, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce that it has successfully closed its previously announced disposition of certain non-core assets in Saskatchewan for $600 million in cash (approximately $540 million including closing adjustments). Net proceeds from this strategic disposition will be directed to further strengthen the Company's balance sheet. Veren expects its net debt to total $2.8 billion by year-end [Read more]

Whitecap Resources Inc. confirms monthly dividend for June of $0.0608 per share

CALGARY, AB, June 13, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of June operations will be paid on July 15, 2024 to shareholders of record on June 30, 2024.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.  Our business is focused on [Read more]

Whitecap Resources Inc. holding investor day on Tuesday, June 11, 2024

CALGARY, AB, June 10, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is holding a virtual Investor Day on Tuesday, June 11, 2024 from 8:30 - 10:00 am MT (10:30 am - 12:00 pm ET). Members of management will present with a Q&A period to follow. Registration can be made using the following link (Investor Day Registration) or via Whitecap's website at www.wcap.ca by selecting "Investors", then "Presentations & Events". Participants can join by webcast to follow along with [Read more]

CNOOC Petroleum North America ULC commences cash tender offer for up to $750 million aggregate principal amount of outstanding notes

CALGARY, AB, June 10, 2024 /PRNewswire/ -- CNOOC Petroleum North America ULC (the "Company") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase outstanding debt securities of the Company listed in the table below (collectively, the "Notes," and each a "Series" of Notes) from each registered holder of the applicable Series of Notes (each, a "Holder," and collectively, the "Holders") up to a combined aggregate principal amount of the notes equal to [Read more]

ARC Financial Corp., Canada’s largest energy focused private equity manager, recapitalizes Aspenleaf Energy Limited through a general partner-led continuation fund

Oversubscribed CAD $800 million transaction provides over CAD $400 million in liquidity to ARC Energy Fund 7 investors CALGARY, AB, June 10, 2024 /CNW/ - ARC Financial Corp. ("ARC"), Canada's largest energy focused private equity manager, announced the recapitalization of Aspenleaf Energy Limited ("Aspenleaf"), a 25,000 barrel-per-day, high-netback, light oil producer. The transaction provides over CAD $400 million (US $300 million) of liquidity for ARC Energy Fund 7's investors and [Read more]

Chord Energy and Enerplus complete combination, creating premier Williston-focused E&P company

HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously announced business combination (the "Arrangement"). The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024. "We are excited [Read more]

Enerplus announces shareholder approval of transaction with Chord Energy Corporation and receipt of Investment Canada Act approval

CALGARY, AB, May 24, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) announced today that the Company's shareholders have voted to approve the previously announced plan of arrangement (the "Arrangement") which provides for the acquisition by Chord Energy Corporation ("Chord"), through its wholly-owned subsidiary Spark Acquisition ULC, of all of the outstanding common shares of Enerplus. The Arrangement was approved by approximately 99.6% of votes cast by [Read more]

Enerplus announces special dividend and anticipated closing date for transaction with Chord Energy Corporation

CALGARY, AB, May 23, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced a special cash dividend in connection with its previously announced transaction with Chord Energy Corporation ("Chord"). The transaction is anticipated to close on or about May 31, 2024, subject to receipt of the approval of Enerplus' shareholders at the special meeting of the shareholders scheduled to be held on May 24, 2024, receipt of the final order from the King's [Read more]