BOE Report

Enerplus announces granting of exemptive relief regarding its normal course issuer bid program

CALGARY, AB, June 6, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced it obtained an exemption order from the Canadian securities regulators which permits Enerplus to purchase up to 10 percent of its "public float" (within the meaning of the rules of the Toronto Stock Exchange) of common shares through the New York Stock Exchange and other US-based trading systems as part of Enerplus' share repurchase program, including the current normal course issuer bid [Read more]

Enbridge Gas Announces New Capacity Open Season for M12 or M12 X Transportation Service

Firm transportation capacity along Dawn/Kirkwall-Parkway paths starting in 2027 TORONTO, June 6, 2023 /PRNewswire/ - Enbridge Gas is holding an open season for M12 or  M12X firm transportation service capacity of up to 96,000 GJ/d beginning on Nov. 1, 2027 for a minimum fifteen-year term along the following transportation paths: Dawn (Facilities) to Parkway Kirkwall to Parkway Earlier start dates may be considered by Enbridge Gas. If interested, please indicate the requested start [Read more]

Crescent Point Energy provides update on Alberta wildfires

CALGARY, AB, May 29, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to advise that over the past week it has brought back on stream the full 45,000 boe/d of Kaybob Duvernay production previously shut-in due to the Alberta wildfires. No damage has occurred to the Company's assets. Crescent Point's 2023 guidance remains unchanged, including annual average production of 160,000 to 166,000 boe/d, despite the impact of the [Read more]

S&P global commodity insights raises 10-year production outlook for Canadian oil sands for first time in more than half decade

CALGARY, AB - Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue, expects Canadian oil sands production to reach 3.7 million barrels per day (mbd) by 2030—half a million barrels per day higher than today. The new projection represents an increase of 140,000 [Read more]

Whitecap Resources Inc. announces receipt of proposal letter from the Canada Revenue Agency to reassess and intention to defend

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) announces that it has received a letter (the "Proposal Letter") from the Canada Revenue Agency (the "CRA") advising that, subject to submissions by Whitecap, the CRA is proposing to reassess a former subsidiary of Whitecap to deny non-capital loss deductions relevant to the calculation of income taxes for the years 2018 and 2019. In 2014, Whitecap acquired a private entity that held an interest in certain oil and natural gas assets [Read more]

Enerplus appoints Ward Polzin to its board of directors

CALGARY, AB, May 23, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced the appointment of Mr. Ward Polzin to its board of directors. Mr. Polzin is the Founder and Executive Chairman at Camino Natural Resources. He is a Venture Partner of NGP Energy ("NGP"), a private equity investment firm based in Dallas, TX, and brings with him over 35 years of leadership, engineering, commercial, financial, and investing experience in the energy industry. "We are very [Read more]

Crescent Point announces 2023 annual meeting of shareholders results

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) held its Annual Meeting of Shareholders ("the meeting") on May 18, 2023. During the regular business proceedings at the meeting, shareholders elected all director nominees to the Board of Directors of the Company (the "Board") and approved all other items of business brought before the meeting. Voting results for all resolutions and advisory votes are below. 1.  Fixing the Number of [Read more]

Enbridge publishes 22nd Sustainability Report

Progress against ESG goals and commitments continue CALGARY, AB, May 18, 2023 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today published its 22nd annual Sustainability Report (Report), providing stakeholders with details of progress made in environmental, social, and governance (ESG) performance. "In 2020, we set ambitious goals across all aspects of E, S and G with clear pathways to achieving them," said Pete Sheffield, Enbridge Vice President and Chief [Read more]

Enbridge announces conversion results for Series F preferred shares

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that 1,827,695 of its outstanding Cumulative Redeemable Preference Shares, Series F (Series F Shares) were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Preference Shares, Series G of Enbridge (Series G Shares), effective on June 1, 2023. As a result, on June 1, 2023, Enbridge will have 18,172,305 Series F Shares and 1,827,695 Series G Shares issued and outstanding. The [Read more]

Enbridge announces conversion results for Series 1 preferred shares

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series 1 (Series 1 Shares) will be converted into Cumulative Redeemable Preference Shares, Series 2 (Series 2 Shares) on June 1, 2023. After taking into account all conversion notices received from holders of its outstanding Series 1 Shares by the May 17, 2023 deadline for the conversion of the Series 1 Shares into Series 2 Shares, less than the [Read more]