BOE Report

Enbridge announces the closing of CDN$4.6 billion common equity offering inclusive of underwriters’ over-allotment

CALGARY, AB, Sept. 8, 2023 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced it has closed its previously announced public offering (the Offering) of common shares by a syndicate of underwriters led by RBC Capital Markets and Morgan Stanley, together with BMO Capital Markets, CIBC Capital Markets, National Bank Financial Markets, Scotiabank, TD Securities as joint bookrunners. Enbridge issued 102,913,500 common shares inclusive of 13,423,500 common [Read more]

Persist Oil & Gas and Dienerian merge in an all-stock transaction

--Transaction Will Strengthen Persist's Position as an Emerging Player in the Southern Alberta Mannville Formation-- CALGARY, AB and HOUSTON, Sept. 6, 2023 /PRNewswire/ -- Persist Oil and Gas, Inc. ("Persist") and Dienerian Resources Inc. ("Dienerian") announced today that they have entered into a definitive agreement under which Persist and Dienerian have merged in an all-stock transaction. Dienerian was formed in 2017 with a commitment from Siguler Guff, the company's largest investor, to [Read more]

Greenfire announces tender offer for its 12.000% senior secured notes due 2025

NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Greenfire Resources Inc. (formerly GAC HoldCo Inc.), an Alberta corporation (the "Company," "we," "us" or "our"), today announced the commencement of a cash tender offer (the "Tender Offer") for any and all of its outstanding 12.000% senior secured notes due 2025 (the "Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase (the "Offer to Purchase"), dated the date hereof, and the related Notice of Guaranteed Delivery [Read more]

Dominion Energy Advances Business Review; Announces Agreements to Sell Gas Distribution Companies to Enbridge

  Consistent with the previously outlined commitments & priorities of the ongoing business review Transactions valued at $14.0 billion – all cash consideration of $9.4 billion plus assumption of debt Highly credit accretive—100% of after-tax proceeds expected to be used to retire debt All sales expected to close by end of 2024, subject to customary regulatory approvals Company now expects to conclude review and announce repositioned outlook during the fourth quarter of [Read more]

Crescent Point announces sale of its North Dakota assets

CALGARY, AB, Aug. 24, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agreement") with a private operator to sell its North Dakota assets (the "Assets") for US$500 million (approximately $675 million) in cash (the "Transaction"). "Over the last few years, we have taken several strategic steps to optimize our portfolio," said Craig Bryksa, President and CEO of Crescent [Read more]

Whitecap Resources Inc. confirms monthly dividend for August of $0.0483 per share

CALGARY, AB, Aug. 15, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0483 per common share in respect of August operations will be paid on September 15, 2023 to shareholders of record on August 31, 2023.  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 [Read more]

Enerplus announces renewal of normal course issuer bid

CALGARY, AB, Aug. 15, 2023 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced acceptance by the Toronto Stock Exchange (the "TSX") of its notice to commence a normal course issuer bid (the "Bid"). Pursuant to the Bid, Enerplus proposes to purchase through the facilities of the TSX, the New York Stock Exchange ("NYSE") and/or alternative trading systems, from time to time over the next 12 months, if considered advisable, up to 20,970,238 common [Read more]

Enerplus announces 9% increase to its quarterly cash dividend for September 2023

CALGARY, AB, Aug. 9, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that its dividend will increase 9%, to US$0.06 per share, effective with the September 15, 2023 dividend, which is payable to all shareholders of record at the close of business on August 31, 2023. The ex-dividend date for this payment is August 30, 2023. The US$0.06 per share dividend is equivalent to approximately CDN$0.080 per share if converted using the current US/Canadian dollar [Read more]

Enerplus announces second quarter 2023 results; updates guidance; updates 2023 return of capital; increases dividend

All amounts in this news release are presented in United States dollars unless otherwise specified. All financial information contained within this news release has been prepared in accordance with U.S. GAAP. Production information, unless otherwise stated, is presented on a net basis (after deduction of royalty obligations). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking [Read more]

Absolute greenhouse gas emissions from Canadian oil sands did not increase in 2022 even as production grew

Initial findings indicate that a peak in absolute emissions—expected to begin later this decade—could occur sooner than previously estimated CALGARY, AB, Aug. 9, 2023 /PRNewswire/ -- Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. The finding marks the first time since 2009—the earliest year that S&P Global Commodity Insights estimates such data—that [Read more]