BOE Report

Whitecap Resources Inc. announces strong 2020 results, completes transformation to a leading light oil producer and provides 2021 budget

CALGARY, AB - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and audited financial results for the quarter and year ended December 31, 2020. Selected financial and operating information is outlined below and should be read with Whitecap's audited annual consolidated financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2020 which are available at www.sedar.com and on our [Read more]

Ovintiv™ to Host its 2020 Fourth Quarter and Year-end Results Conference Call and Webcast on February 18, 2021

DENVER, Jan. 27, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 fourth quarter and year-end results conference call at 9 a.m. MT, on February 18, 2021. The Company plans to release its financial and operating results after market close, Wednesday, February 17, 2021. 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 [Read more]

Marathon Oil announces executive compensation changes and GHG emissions intensity reduction initiatives

HOUSTON - Marathon Oil Corporation (NYSE: MRO) today announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new quantitative greenhouse gas (GHG) emissions reduction initiatives. The Company believes continuously improving all elements of its ESG performance is essential to successfully executing its long-term strategy of maximizing shareholder value, including the delivery of [Read more]

Ovintiv reiterates disciplined strategy and focus on value creation

DENVER - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today issued the following statement: Ovintiv has received Kimmeridge's notice of its intent to nominate three director candidates to stand for election to our Board of Directors. We welcome discussions with all shareholders and have a history of open dialogue with all shareholders, including Kimmeridge. Our Corporate Responsibility and Governance Committee will carefully review the nominations. Ovintiv's Board and management team have a track [Read more]

Pembina Pipeline Corporation announces closing of hybrid note offering and redemption of Series 11 preferred shares

CALGARY, AB - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL); (NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $600 million of 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 1 due January 25, 2081 (the "Offering"). The Company also announced its intention to redeem its issued and outstanding Cumulative Redeemable Minimum Rate Reset Class A Preferred Shares, Series 11 (TSX: PPL.PR.K) (the "Series 11 Shares") on March 1, [Read more]

Vermilion Energy Inc. Announces 2021 Budget

CALGARY, AB, Jan. 18, 2021 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to announce its 2021 exploration and development ("E&D") capital budget and associated production guidance. Highlights E&D capital budget of $300 million is a balanced and disciplined budget focused on maximizing returns and free cash flow ("FCF")(1) to facilitate debt reduction. Annual average production guidance of 83,000 to 85,000 [Read more]

Pipestone virtually opens the market

TORONTO - Paul Wanklyn, President and Chief Executive Officer, Pipestone Energy Corp. ("Pipestone" or the "Company") (TSX: PIPE) and his team joined Berk Sumen, Head, Company Services, TMX Group, to celebrate the Company's graduation from TSX Venture Exchange to Toronto Stock Exchange and open the market. Pipestone is an oil and gas exploration and production company focused on developing its large contiguous and condensate-rich Montney asset base in the Pipestone area near Grande Prairie. [Read more]

EOG Resources schedules conference call and webcast of fourth quarter and full year 2020 results for February 26, 2021

HOUSTON, Jan. 12, 2021 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss fourth quarter and full year 2020 results on Friday, February 26, 2021, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year. If you have any questions, please contact [Read more]

Precision Pipeline LLC selected by TC Energy to help construct Keystone XL

EAU CLAIRE, Wis. - Precision Pipeline, LLC, (PPL) a MasTec, Inc. (NYSE:MTZ), company, has been awarded a contract from TC Energy Corporation ("TC Energy") for the construction of the Keystone XL Pipeline in Montana and South Dakota. "We are extremely proud to put PPL employees and more than 1,600 American union members to work on completing this important infrastructure project, which will also provide a boost to local economies along the project route," says Bobby Poteete, President of PPL. [Read more]

EOG Resources promotes Ezra Yacob to President

HOUSTON, Jan. 4, 2021 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and Production responsible for EOG's Fort Worth, Artesia and International operating areas. "Ezra Yacob has consistently demonstrated exceptional technical, operational and leadership skills throughout his career at EOG," said [Read more]