BOE Report

Obsidian Energy announces important amendments to its offer to purchase the shares of Bonterra Energy Corp.

Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. CALGARY, AB - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today announced that the Company has extended its offer (the "Offer") to purchase all of the issued and outstanding [Read more]

Shell Canada announces retirement of President and Country Chair Michael Crothers and appointment of Susannah Pierce as successor

CALGARY, AB - Following a 33-year career with Shell, Shell Canada President and Country Chair Michael Crothers has announced he will retire from the company in 2021. Crothers will be succeeded by Susannah Pierce, currently Director of Corporate Affairs, LNG Canada, and a Shell secondee. Both will remain in their current roles until the transition takes place. "I am grateful to have had a long and rewarding career with a company that aligns with my values, working alongside exceptional people [Read more]

Whitecap Resources Inc. Confirms Monthly Dividend for August of $0.01425 Per Share

CALGARY, AB, Aug. 13, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of August operations will be paid on September 15, 2020 to shareholders of record on August 31, 2020.  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 [Read more]

TORC Oil & Gas Ltd. announces second quarter 2020 financial & operational results; reinstates production guidance

CALGARY, AB - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three and six months ended June 30, 2020.  The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the three and six months ended June 30, 2020 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended Six months [Read more]

Obsidian Energy Provides Annual General Meeting Update and Webcast Details

CALGARY, AB, July 27 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy", the "Company", "we", "us" or "our") will hold its 2020 annual and special general meeting in person (the "Meeting") on Thursday, July 30, 2020 at 9:00 am (MDT). The Meeting will take place at the Company's head office located at 200 – 207 9th Avenue S.W., Calgary, Alberta. Additionally, the Company will release our second quarter 2020 results on July 30, 2020. Annual and Special [Read more]

Enbridge Declares Quarterly Dividends

CALGARY, AB, July 22, 2020 /PRNewswire/ - The Board of Directors of Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared a quarterly dividend of $0.81 per common share, payable on September 1, 2020 to shareholders of record on August 14, 2020. The amount of the dividend is consistent with the June 1, 2020 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on September 1, 2020 to shareholders of record on August 14, [Read more]

Pembina Pipeline Corporation Declares July 2020 Common Share Dividend, Quarterly Preferred Share Dividend and Announces Second Quarter 2020 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 July 2020 of $0.21 per share to be paid, subject to applicable law, on August 14, 2020 to shareholders of record on July 24, 2020. 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]

Paramount Resources Ltd. announces amended credit facility

CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that it has successfully completed amendments to its senior secured revolving bank credit facility (the "Facility") with the unanimous support of its nine-bank syndicate. The amendments include a full waiver of the Senior Secured Debt to Consolidated EBITDA covenant until the third quarter of 2021 and a reduction of the Consolidated EBITDA to Consolidated Interest Expense covenant from [Read more]

TORC Oil & Gas Ltd. announces completion of annual credit facility redetermination

CALGARY, AB - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce the Company's credit facility has been confirmed at $425 million, with the borrowing base determination dates under the credit agreement to be amended to May and November annually, from April and October. TORC has received formal lender commitments from all syndicate members and expects credit documentation to be completed by July 3, 2020. TORC Oil & Gas Ltd. is a Calgary based company [Read more]

EOG Resources Schedules Conference Call and Webcast of Second Quarter 2020 Results for August 7, 2020

HOUSTON, June 23, 2020 /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss second quarter 2020 results on Friday, August 7, 2020, 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 Angie Lewis at [Read more]