BOE Report

ARC Resources Ltd. Confirms Monthly Dividend Amount of $0.05 per Share for January 15, 2020

CALGARY, Dec. 16, 2019 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms a monthly dividend amount of $0.05 per share for January 15, 2020 to shareholders of record on December 31, 2019. The ex-dividend date is December 30, 2019. As at December 16, 2019, the trailing 12-month payments to shareholders total $0.60 per share. ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $3.6 billion. ARC's common shares trade on the TSX [Read more]

TORC Oil & Gas Ltd. Announces 2020 Capital Budget and Production Guidance; Confirms December Dividend and Appoints New Member to the Board Of Directors

CALGARY - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce the Company's Board of Directors has approved an initial 2020 capital budget of $190 million. TORC's strategic objectives associated with the 2020 capital budget are consistent with the Company's long term objectives of achieving disciplined per share growth in combination with maintaining financial flexibility while paying a sustainable dividend. TORC's 2020 capital budget exhibits a measured [Read more]

EOG Resources Declares Quarterly Dividend on Common Stock

HOUSTON, Dec. 10, 2019 /PRNewswire/ -- The Board of Directors of EOG Resources, Inc. (EOG) has declared a dividend of $0.2875 per share on EOG's Common Stock, payable January 31, 2020, to stockholders of record as of January 17, 2020. The indicated annual rate is $1.15. About EOGEOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States, Trinidad and China. To learn more visit [Read more]

Alberta’s new approach to pricing pollution for heavy industry meets federal benchmark

GATINEAU - Canadians see the costs of a changing climate all around them. Climate change is driving stronger storms, wildfires, and record-breaking heatwaves. Canadians also know that taking climate action is an enormous opportunity to create jobs and advance economic growth. A price on pollution is one of the best tools we have to fight climate change while keeping life affordable for Canadian families. The Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, [Read more]

Paramount Resources: Sale of Non-Core Assets for $55 million

CALGARY - Paramount Resources Ltd. ("Paramount" or the "Company") is pleased to announce that it has closed the sale of certain natural gas weighted properties in West Central Alberta (the "Assets") for cash consideration of approximately $55 million (the "Transaction"). Paramount will retain all of its Duvernay assets in both Willesden Green and the East Shale Basin, as well as its fee title and royalty lands (the "Retained Lands"). The Transaction significantly reduces the complexity of [Read more]

KML Reminds its Shareholders to Vote on Transaction with Pembina Before the Deadline

CALGARY, Dec. 4, 2019 /PRNewswire/ - Kinder Morgan Canada Limited (TSX: KML) reminds shareholders that the deadline to vote on the previously announced transaction (the Arrangement) with Pembina Pipeline Corporation (Pembina) is fast approaching. Holders of Restricted Voting Shares and Special Voting Shares (together, the Voting Shareholders) must submit their votes by 9 a.m. (Calgary time) on December 6, 2019 and holders of KML preferred shares (Preferred Shareholders) must submit their votes [Read more]

Pembina Pipeline Corporation Declares Common Share Dividend

CALGARY, Dec. 4, 2019 /PRNewswire/ - 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 December 2019 of $0.20 per share to be paid, subject to applicable law, on January 15, 2020 to shareholders of record on December 31, 2019. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends [Read more]

The Canada Energy Regulator releases new long-term energy outlook

CALGARY - Today, the Canada Energy Regulator (CER) released its long-term energy outlook that explores how new technologies, infrastructure developments and climate policy will impact Canadian energy consumption and production trends over the next 20 years. Canada's Energy Future 2019: Energy Supply and Demand Projections to 2040 shows that while domestic fossil fuel consumption growth slows, crude oil and natural gas production continues to increase. The potential for LNG exports is an [Read more]

Obsidian Energy Appoints Stephen Loukas Interim President & CEO and Makes Other Appointments to Management Team including Peter Scott as the Senior Vice President, CFO; Announces Reconfirmation of the Company’s Syndicated Credit Facility Provides Operational and Hedging Update Approval of the $49.4 Million First Half 2020 Capital Plan

CALGARY - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the appointment of Stephen E. Loukas as Interim President and CEO, effective December 5, 2019. Mr. Loukas will succeed current Interim President and CEO, Michael J. Faust, who will return to his prior position of Independent Director and take on new responsibilities as Chair of the Commercial Committee. Gordon Ritchie, Chairman of the Board of Directors [Read more]

KML Announces Independent Proxy Advisors have Endorsed the Pembina Transaction

CALGARY - Kinder Morgan Canada Limited (TSX: KML) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) have recommended that the holders of KML's restricted voting shares and special voting shares (together, the Voting Shareholders) vote in favour of the proposed acquisition of KML's outstanding common equity by Pembina Pipeline Corporation (Pembina) by way of a statutory arrangement under the [Read more]