BOE Report

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]

Enbridge Reports Strong Third Quarter 2022 Financial Results and Secures B.C. Pipeline Expansion

CALGARY, AB, Nov. 4, 2022 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2022 financial results, announced $3.8 billion of newly secured growth projects, including an expansion of the T-South segment of the B.C. Pipeline, and reaffirmed its 2022 financial outlook. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP [Read more]

Arc Resources Ltd. Reports Third Quarter 2022 Results, Dividend Increase, And Announces 2023 Budget

CALGARY, AB, Nov. 3, 2022 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its third quarter 2022 financial and operational results and announced its 2023 budget. HIGHLIGHTS Q3 2022 Results - ARC delivered quarterly production of 342,034 boe(1)(2) per day (60 per cent natural gas and 40 per cent crude oil and liquids), cash flow from operating activities of $1,104 million, and generated funds from operations of $953 million(3) ($1.45 per share)(4). ARC [Read more]

Enerplus Announces Sale of Remaining Canadian Assets

CALGARY, AB, Nov. 2, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced that it has entered into a definitive agreement to sell substantially all of its remaining Canadian assets located in Alberta and Saskatchewan (the "Assets") to Surge Energy Inc. ("Surge") for total consideration of CDN$245 million (US$180 million), prior to closing adjustments, with an effective date of May 1, 2022. The consideration comprises CDN$210 million in cash and [Read more]

Gibson Energy declares dividend

CALGARY, AB - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.37 per common share payable on January 17, 2023, to shareholders of record at the close of business December 30, 2022. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding tax. About Gibson Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI), is a [Read more]

Crescent Point Announces Q3 2022 Results and 2023 Budget

CALGARY, AB, Oct. 26, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2022, its formal 2023 budget, a quarterly dividend and a special dividend, while also updating its five-year outlook. KEY HIGHLIGHTS Generated $233.7 million of excess cash flow in third quarter, driven by the Company's high netback asset base. Returning 50 percent [Read more]

Vermilion Energy Inc. Acquires Common Shares of Coelacanth Energy Inc.

CALGARY, AB, Oct. 4, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the "Early Warning Report") in respect of its holdings in Coelacanth Energy Inc. ("Coelacanth"). Vermilion has acquired ownership of, or control and direction over, additional common shares ("Common Shares") of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file [Read more]