DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 first quarter results conference call at 9:00 a.m. MT, on Tuesday May 10, 2022. The Company plans to release its financial and operating results after market close, Monday May 9, 2022. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To participate in the conference call, please dial 888-664-6383 (toll-free in North [Read more]
Feds approval of Bay du Nord offshore oil a big step forward for Maritimes & Canada
CALGARY, AB - The green-lighting by the Government of Canada of a key East Coast energy project is being applauded today by a Canadian pro-natural resource community coalition. Canada Action founder Cody Battershill was reacting to the fact Canadian Environment Minister Steven Guilbeault formally approved on Wednesday the Bay du Nord offshore oil project, providing a positive shot in the arm for Newfoundland and Labrador, and for the region's workers, families, and communities. "Equinor, [Read more]
Pembina Pipeline Corporation declares April 2022 common share dividend, quarterly preferred share dividend and announces first quarter 2022 results conference call and webcast
CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for April 2022 of $0.21 per share to be paid, subject to applicable law, on May 13, 2022 to shareholders of record on April 25, 2022. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered [Read more]
Government of Canada to develop guidance for best-in-class new oil and gas projects and net-zero emissions requirements by 2050
OTTAWA, ON - As a major economic contributor to the country and Canada's largest source of greenhouse gas emissions, the oil and gas sector has a critical role to play in meeting Canada's climate objectives. To remain competitive in a global market that is moving away from fossil fuels combustion to address climate change and enhance energy security, new Canadian oil production subject to federal impact assessment will have to meet even higher standards. New projects would have to deliver [Read more]
Whitecap Resources Inc. continues return of capital strategy and provides new energy update
CALGARY - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that as part of a 19.1 million share transaction at a price of $10.34 per share, Whitecap has repurchased 10.0 million shares for cancellation by way of a block trade using its normal course issuer bid ("NCIB") and other institutional shareholders have purchased the remaining shares. For the 10.0 million shares that were repurchased by Whitecap using its NCIB the total consideration is $103.4 [Read more]
Gibson Energy confirms 2022 first quarter earnings release and annual general meeting dates and provides conference call & webcast details
CALGARY, AB - Gibson Energy Inc. announced today that it expects to release its 2022 first quarter financial and operating results on Monday, May 2, 2022 after the close of North American markets. The 2022 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A conference call and webcast will be held to [Read more]
Wolf Midstream and partners selected to develop potential sequestration hub
CALGARY, AB - Wolf Midstream (Wolf), Whitecap Resources (Whitecap), the First Nation Capital Investment Partnership (FNCIP) and Heart Lake First Nation have been selected by the Government of Alberta to enter into an agreement to pursue the development of a potential carbon sequestration hub in the Fort Saskatchewan area, following a highly competitive RFPP process. Wolf and partners will conduct a technical evaluation of the geographic area this year to confirm its suitability prior to applying [Read more]
Enbridge awarded right to advance Alberta carbon hub
CALGARY, AB - Today, the Government of Alberta announced that Enbridge (TSX: ENB) (NYSE: ENB) has been awarded the right to pursue development of a carbon dioxide (CO2) sequestration hub west of Edmonton, Alberta. Enbridge is developing the Open Access Wabamun Carbon Hub (the Hub) to support near-term carbon capture projects being advanced by project partners Capital Power Corporation (Capital Power) and Lehigh Cement, a division of Lehigh Hanson Materials Limited (Lehigh Cement). "We are [Read more]
Vermilion Energy Inc. announces strategic acquisition of multi-decade free cash flow generating Montney assets
CALGARY, AB - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that we have entered into an arrangement agreement to acquire Leucrotta Exploration Inc. ("Leucrotta") for a net cash purchase price of $477 million (the "Arrangement" or the "Leucrotta acquisition"). Leucrotta is a Canadian publicly listed Montney-focused oil and natural gas exploration and development company with lands located in the Mica area of Northeast [Read more]
Canada’s Natural Gas Industry is Ready to Support Global Energy Security
OTTAWA, ON, March 25, 2022 /CNW/ - "Canadian Gas Association has written an open letter to Prime Minister Trudeau, which reads as follows:" The Right Honourable Justin Trudeau Prime Minister of Canada 80 Wellington Street Ottawa, Ontario K1A 0A3 Subject: Canada's Natural Gas Industry is Ready to Support Global Energy Security Dear Prime Minister: The government's announcement to create a Canada-EU working group on green transition and LNG is welcomed by the Canadian Gas [Read more]
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