BOE Report

Kimmeridge withdraws independent nominees to SilverBow’s board following company’s definitive agreement with Crescent Energy

NEW YORK and DENVER, May 22, 2024 /PRNewswire/ -- Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources (NYSE: SBOW) ("SilverBow" or the "Company"), today announced the withdrawal of its independent nominees to SilverBow's Board of Directors (the "Board") in light of the Company's pending sale to Crescent Energy. Ben Dell, Co-Founder and Managing Partner of Kimmeridge, said, "While we are disappointed that SilverBow's Board [Read more]

WildFire Energy announces Eagle Ford acquisition from Apache Corporation and subsidiaries

Acquisition Creates the Largest Consolidated Acreage Position in the entire Eagle Ford Shale Basin HOUSTON, May 20, 2024 /PRNewswire/ -- WildFire Energy I LLC ("WildFire"), today announced that it has entered into a definitive agreement for the acquisition of approximately 237,000 net acres and interests in 465 wells in the East Texas Eagle Ford from Apache Corporation and subsidiaries. With the acquisition, WildFire ­­will operate more than 2,000 gross wells on over 850,000 net acres in the [Read more]

Strathcona Resources Ltd. reports first quarter 2024 financial and operating results

CALGARY, AB, May 14, 2024 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its first quarter 2024 financial and operational results. Highlights Production of 185,122 boe/d (71% oil and condensate, 77% liquids)(1) Operating Earnings of $209.0 million ($0.98 / share)(2) Free Cash Flow of $157.9 million ($0.74 / share)(2) Three Months Ended ($ millions, unless otherwise indicated) March 31, 2024 March 31, [Read more]

ARC Resources Ltd. announces approval of resolutions at Annual and General Meeting of Shareholders

CALGARY, AB, May 10, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on May 10, 2024. During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions: 1.     Resolution to appoint 10 board members, with 65.34 per cent to 99.79 per cent of shares represented at the Meeting voting in favour [Read more]

Enbridge reports record first quarter 2024 financial results, reaffirms financial guidance and advances strategic priorities

CALGARY, AB, May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2024 financial results, reaffirmed its 2024 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) First quarter GAAP earnings of $1.4 billion or $0.67 per [Read more]

Enbridge publishes 23rd Annual Sustainability Report

Company outlines progress across environment, social and governance priorities CALGARY, AB, May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today published its 2023 Sustainability Report. This report provides an overview of the Company's strategy and approach on sustainability, and details progress towards achieving its environment, social and governance goals. These goals include reducing operational greenhouse gas (GHG) emissions to achieve [Read more]

Crescent Point confirms quarterly dividend

CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) and (NYSE: CPG) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on July 2, 2024 to shareholders of record on June 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified [Read more]

Headwater Exploration Inc. announces results of annual shareholder meeting

CALGARY, AB, May 9, 2024 /CNW/ - Headwater Exploration Inc. ("Headwater") (TSX: HWX) is pleased to announce that the nominees listed in Headwater's management information circular dated March 25, 2024 were elected as directors of Headwater at its annual meeting of shareholders (the "Meeting") held today, May 9, 2024. In addition, all other matters considered at the Meeting were approved by Headwater's shareholders. On a vote by ballot, each of the following ten nominees proposed by management [Read more]

ARC Resources Ltd. reports first quarter 2024 results

CALGARY, AB, May 9, 2024 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its first quarter 2024 financial and operational results. HIGHLIGHTS ARC delivered first quarter 2024 production of 352,328 boe(1) per day (63 per cent natural gas and 37 per cent crude oil and liquids(2)). Production increased four per cent year-over-year, and eight per cent on a per share(3) basis. ARC generated funds from operations of $607 million(4) ($1.01 per share(5)) and [Read more]

Enbridge Gas invites bids for peak storage at Dawn Hub

Bids start on May 9, 2024 TORONTO, May 9, 2024 /PRNewswire/ - Enbridge Gas is announcing a binding open season for peak storage services at the Dawn Hub storage facility for service beginning as early as April 1, 2025. Any shipper seeking access to flexible, customized premium storage for peaking service needs can submit bids for a minimum term of three years. Multiple bids will be considered. All bids are due on or before 2 p.m. ET / 1 p.m. CT, on May 16, 2024. Enbridge Gas expects to [Read more]