BOE Report

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]

Future Opportunities in EV Charging, Forecast to 2030

NEW YORK, Nov. 18, 2019 /PRNewswire/ -- As EVs continue to disrupt the power-mobility ecosystem, the role played by charging solutions in the 2020s will be crucial in how effectively the ecosystem develops.This will more so as utilities, technology solution providers, and major oil and gas firms look to target an area which effectively bridges power and mobility. Read the full report: https://www.reportlinker.com/p05827649/?utm_source=PRN Although a nascent industry, various innovative [Read more]

W Energy Software Celebrates Its Tenth Anniversary and Unveils New Business Name

TULSA, Okla., Nov. 15, 2019 /PRNewswire-PRWeb/ -- W Energy Software (formerly Waterfield Energy), the emerging leader in upstream and midstream ERP software, is celebrating its tenth year of business serving more than 100 companies across the energy value chain. The anniversary coincides with a year of rapid increase in market share, strategic acquisitions, and rapid organizational growth to meet demand for the company's cloud-based ERP solutions. The Tulsa-based software developer also [Read more]

Pembina Pipeline Corporation Declares Common Share Dividend

CALGARY, Nov. 8, 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 November 2019 of $0.20 per share to be paid, subject to applicable law, on December 13, 2019 to shareholders of record on November 25, 2019. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends [Read more]

TORC Oil & Gas Ltd. Announces Third Quarter 2019 Financial & Operational Results

CALGARY, Nov. 6, 2019 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019.  The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the three and nine months ended September 30, 2019 can be found at www.sedar.com and www.torcoil.com. Highlights Three months ended Nine months [Read more]