BOE Report

Enbridge files 2021 year end disclosure documents

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) has filed its Form 10-K for the year ended December 31, 2021, with the United States Securities and Exchange Commission. Enbridge has also filed its audited Consolidated Financial Statements and related Management's Discussion and Analysis for the year ended December 31, 2021, with Canadian securities regulatory authorities. Copies of these documents are available electronically at www.sec.gov (U.S. filings) or www.sedar.com (Canadian [Read more]

ARC Resources Ltd. reports record year-end 2021 results and reserves

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2021 financial and operational results as well as its year-end 2021 reserves. 2021 was a transformative year for ARC, marked by the acquisition of Seven Generations Energy Ltd. ("Seven Generations"), which closed on April 6, 2021 (the "Business Combination"). Coupled with its solid financial position, ARC delivered a record-low operating expense and the highest free funds flow [Read more]

Enbridge Gas binding open season for peak storage service at Dawn Hub

CHATHAM, ON - Enbridge Gas is holding a binding open season for peak storage services at the Dawn Hub storage facility starting as early as April 1, 2022. Shippers seeking access to flexible, customized premium storage for peaking service needs can submit bids of up to 1 BCF for a minimum term of two years. Multiple bids will be considered. Benefits for shippers include the ability to: Capture daily, monthly, and seasonal price volatility/spreads Balance demand and supply needs - [Read more]

Severe energy supply shortages in Europe point to a need for Canadian infrastructure & reliable exports of our natural gas

CALGARY, AB - As severe energy shortages mount in Europe, Canada's role as a progressive, reliable global energy supplier could be part of the energy solution, a Canadian grassroots coalition spokesperson says. But this would require Canada to take control of its own economic destiny, to build sufficient pipeline, processing and shipping infrastructure, and to get fair value for our resources as we export our natural gas and oil products to thirsty global markets. "Liquid natural gas (LNG) [Read more]

Pembina Pipeline Corporation declares February 2022 common share dividend

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 February 2022 of $0.21 per share to be paid, subject to applicable law, on March 15, 2022 to shareholders of record on February 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 [Read more]

Headwater Exploration Inc. announces exploration success, fourth quarter production results and operational update

CALGARY, AB - Headwater Exploration Inc. (the "Company" or "Headwater") (TSX: HWX) is pleased to announce successful exploration well results, fourth quarter 2021 production details and a material expansion of its land base and prospect inventory. Highlights include: Q4 2021 average production of 10,400 boe/d consisting of 9,400 bbls/d of heavy oil and 6 mmcf/d of natural gas 2021 exit working capital is estimated at $90 million and 2021 exit adjusted working capital1 is estimated at $93 [Read more]

TransAlta announces early-stage hydrogen investment in Ekona Power Inc.

CALGARY, AB - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has made a $2 million equity investment in Ekona Power Inc.'s ("Ekona") Series A funding round. The investment will help support the commercialization of Ekona's novel methane pyrolysis technology platform, which produces cleaner and lower-cost turquoise hydrogen. The investment will provide TransAlta with a seat on Ekona's Strategic Committee, whose members will receive project [Read more]

Gibson Energy confirms 2021 fourth quarter and year-end earnings release date and provides conference call & webcast details

CALGARY, AB - Gibson Energy Inc. announced today that it expects to release its 2021 fourth quarter and year-end financial and operating results on Tuesday, February 22, 2022 after the close of North American markets.  The 2021 fourth quarter and year-end management's discussion and analysis and audited 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 [Read more]

Enbridge announces redemption of cumulative redeemable minimum rate reset preference shares, series 17

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it intends to exercise its right to redeem all of its outstanding Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 17 ("Series 17 Shares") on March 1, 2022 at a price of $25.00 per Series 17 Share, together with all accrued and unpaid dividends, if any. Beneficial holders who are not directly the registered holders of the Series 17 Shares should contact the financial [Read more]

Enbridge announces closing of $750 million subordinated notes offering

CALGARY, AB - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it has closed its previously announced offering (the "Offering") of $750 million aggregate principal amount of 5.00% Fixed-to-Fixed Rate Subordinated Notes Series 2022-A due January 19, 2082 (the "Notes"). Enbridge intends to use the net proceeds of the Offering to redeem its issued and outstanding Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 17 (TSX: ENB.PF.I) in accordance [Read more]