BOE Report

OTC Markets Group welcomes Obsidian Energy Ltd. to OTCQX

NEW YORK - OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Obsidian Energy Ltd. (TSX: OBE; OTCQX: OBELF), an oil and gas producer in Western Canada, has qualified to trade on the OTCQX® Best Market. Obsidian Energy Ltd. upgraded to OTCQX from the OTCQB® Venture Market. Obsidian Energy Ltd. begins trading today on OTCQX under the symbol "OBELF."  U.S. investors can find current financial disclosure and Real-Time Level 2 [Read more]

ARC Resources Ltd. confirms quarterly dividend amount of $0.06 per share for July 15, 2020

CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.06 per share for July 15, 2020 to shareholders of record on June 30, 2020. The ex-dividend date is June 29, 2020. As at June 15, 2020, the trailing 12-month payments to shareholders total $0.52 per share. ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $2.9 billion. ARC's common shares trade on the Toronto Stock Exchange under the symbol [Read more]

TORC Oil & Gas Ltd. announces extension of bank line redetermination date

CALGARY - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) has executed an agreement with its syndicate of lenders to extend the Company's annual redetermination date under its credit agreement to June 30, 2020.  The purpose of the extension is to permit additional time to assess market dynamics, including the proposed Export Development Canada and Business Development Bank programs initiated by the Federal Government and develop a renewal that provides TORC with flexibility through [Read more]

Enerplus Announces Voting Results from the 2020 Annual Meeting of Shareholders

CALGARY - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX & NYSE: ERF) is pleased to announce the voting results from its Annual Meeting held Thursday, May 7, 2020.  Each of the matters is described in greater detail in the 2020 Notice of Annual Meeting and Information Circular and Proxy Statement dated March 31, 2020 (the "Circular"). 1.     Election of Directors Shareholders elected the following ten nominees as Directors of the Corporation who will serve until the next [Read more]

Pembina Pipeline Corporation declares common share dividend

CALGARY - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for May 2020 of $0.21 per share to be paid, subject to applicable law, on June 15, 2020 to shareholders of record on May 25, 2020. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and [Read more]

TORC Oil & Gas Ltd. announces first quarter 2020 financial & operating results and corporate update

CALGARY - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce financial and operating results for the three months ended March 31, 2020.  The associated Management's Discussion and Analysis ("MD&A") and unaudited interim financial statements as at and for the quarter ended March 31, 2020 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended (in thousands, except per share [Read more]

Enbridge Provides Notice of Series 13 Preferred Shares Conversion Right and Announces Reset Dividend Rates

CALGARY - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 13 (Series 13 Shares) (TSX: ENB.PF.E) on June 1, 2020. As a result, subject to certain conditions, the holders of the Series 13 Shares have the right to convert all or part of their Series 13 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 14 of [Read more]

Whitecap Resources Inc. Announces Results of Shareholders’ Meeting

CALGARY, April 22, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that all matters presented for approval at the annual and special meeting of shareholders held today have been fully authorized and approved. A total of 177,722,349 common shares representing 43.56% of Whitecap's issued and outstanding common shares were voted in connection with the meeting. At the meeting, by ordinary resolution, the number of directors to be elected at the meeting was [Read more]

BDC to increase support to Canadian oil and gas sector companies

0 Comments

MONTREAL - As part of a Team Canada response to the COVID-19 crisis, the Government of Canada, through BDC, Canada's bank for entrepreneurs, and Export Development Canada (EDC) will make available additional financial capacity to help support Canada's oil and gas sector. The commercial support, being developed by BDC and EDC, is intended to help Canada's exploration and production, mid-stream, and oil-field companies navigate these uncertain times. The new measures are aimed at helping [Read more]