BOE Report

Whitecap Resources Inc. accelerates return of capital with $419 million in dispositions and a 32% dividend increase

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has entered into three definitive agreements to dispose of certain non-strategic assets, effective October 1, 2022 for aggregate consideration of $419 million, consisting of $394 million in cash and producing assets that consolidate working interest in our operated Butte, Saskatchewan core area. Current production from the disposed assets is approximately 11,000 boe/d1 and is expected to [Read more]

Pembina Pipeline Corporation announces 2023 guidance, business update and sale of KAPS interest

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today its 2023 financial guidance and a business update, including the sale of Pembina Gas Infrastructure's ("PGI") interest in the Key Access Pipeline System ("KAPS"). Highlights 2023 adjusted EBITDA guidance of $3.5 to $3.8 billion and a 2023 capital investment program of $730 million. The midpoint of the guidance range reflects an approximately five percent increase in adjusted [Read more]

Crescent Point acquires Kaybob Duvernay assets from Paramount Resources and increases base dividend by 25%

CALGARY, AB - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce it has entered into an agreement to acquire additional Kaybob Duvernay assets and is increasing its base dividend. KEY HIGHLIGHTS Kaybob Duvernay acquisition adds 130 net locations and increases drilling inventory in the play to over 20 years. Increasing first quarter 2023 base dividend by 25 percent to $0.10 per share, or $0.40 per share annually. Excess cash [Read more]

Gibson Energy Announces 2023 Capital Budget

CALGARY, AB, Dec. 5, 2022 /PRNewswire/ - Gibson Energy Inc. announced today its target for growth capital expenditures(1) in 2023 of between $100 million and $125 million, depending on the timing of the sanction of certain growth opportunities. Additionally, the Board of Directors has approved the allocation of between $30 million and $35 million in replacement capital expenditures(1) in 2023. "We continue to advance discussions with several customers for the sanction of additional [Read more]

The Canada Energy Regulator releases Crown Consultation and Accommodation Report for the NGTL West Path Delivery 2023 Project

CALGARY, AB, Dec. 1, 2022  /CNW/ - The Canada Energy Regulator (CER), in its role as Crown Consultation Coordinator, released the Crown Consultation and Accommodation Report for the NOVA Gas Transmission Ltd. (NGTL) West Path Delivery 2023 Project. The Crown Consultation and Accommodation Report summarized consultation with potentially affected Indigenous communities. The CER consulted with 25 Indigenous communities over two years. The Crown Consultation Coordinator recommended changes to [Read more]

Notice to industry – acquisition of Lintus Resources Limited by New North Resources

CALGARY, AB - New North Resources Ltd. ("New North") NOTICE IS HEREBY GIVEN that, pursuant to a Share Purchase and Sale Agreement dated November 10, 2022, New North acquired all of the issued and outstanding common shares of Lintus Resources Limited. The acquisition closed on November 10, 2022. Lintus Resources Limited is a private Calgary based oil and natural gas company, with royalty and working interest properties located across Western Canada. On December 1, 2022, Lintus Resources [Read more]

Whitecap Resources Inc. confirms monthly dividend for November $0.0367 per share

CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0367 per common share in respect of November operations will be paid on December 15, 2022 to shareholders of record on November 30, 2022.  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]

Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2022

CALGARY, AB, Nov. 9, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three and nine months ended September 30, 2022. The unaudited interim financial statements and management discussion and analysis for the three and nine months ended September 30, 2022 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at [Read more]

Enbridge declares quarterly dividends

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.860 per common share, payable on December 1, 2022 to shareholders of record on November 15, 2022.  The amount of the dividend is consistent with the September 1, 2022 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on December 1, 2022 to shareholders of record [Read more]