BOE Report

Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for September 16, 2019 Payment Date

CALGARY, Aug. 15, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on September 16, 2019 to all shareholders of record on August 30, 2019. The ex-dividend date for this payment is August 29, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Vermilion Vermilion is an international energy producer that seeks to create value through the acquisition, [Read more]

Obsidian Energy Announces Second Quarter 2019 Financial and Operational Results

OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the three and six months ended June 30, 2019. All figures are in Canadian dollars unless otherwise stated. Michael Faust, Interim President and CEO commented "Throughout the second quarter of 2019 we made significant progress on our top priorities: improving our balance sheet, maintaining strong operational results, and making [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2019 Results and Operational Update

CALGARY, Aug. 13, 2019 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM) is pleased to announce that it has filed its condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") for the three and six-month period ended June 30, 2019. SECOND-QUARTER 2019 FINANCIAL PERFORMANCE Recent Highlights Adjusted EBITDA for the second quarter of 2019 was $21.8 million or $0.07 per share, compared to [Read more]

Obsidian Energy Announces Update to its Syndicated Credit Facility and Peace River Oil Partnership Disposition

CALGARY, Aug. 13, 2019 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively. The revolving period ends on February 28, 2020 with revolving period reconfirmation dates on November 19, 2019 and January 20, 2020. Under the [Read more]

Paramount Resources Ltd. Closes the Sale of its Karr 6-18 Natural Gas Facility

CALGARY, Aug. 1, 2019 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) is pleased to announce that it has closed the previously announced sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions Corp. for total consideration of approximately $470 million. The consideration received by Paramount included approximately $330 million in cash plus a $140 million capital commitment to fund and complete the expansion of the facility. The cash proceeds from the transaction [Read more]

Vermilion Energy Inc. Announces Results for the Three and Six Months Ended June 30, 2019

  CALGARY, July 29, 2019 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and condensed financial results for the three and six months ended June 30, 2019. The unaudited financial statements and management discussion and analysis for the three and six months ended June 30, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

TransAlta Responds to Continued Energy-Only Market in Alberta

CALGARY, July 25, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today commented on the Government of Alberta's announcement that the energy-only market framework in Alberta will be maintained. The promise by the Government of Alberta to deliver a decision on market structure within 90 days was fulfilled, thereby reducing significant uncertainty for TransAlta in assessing investment decisions in the Alberta power generation market. The Company [Read more]

Cuda Oil and Gas Inc. Announces Agreements to Sell all of its Quebec Assets for a Total Transaction Value of $10.59 Million

CALGARY, July 24, 2019 /PRNewswire/ - Cuda Oil and Gas Inc. ("Cuda" or the "Company") (TSXV: CUDA) is pleased to announce that it has entered into a series of binding Asset Purchase Agreements  (the  "APAs") to sell all of its oil and gas assets and related liabilities located in the Province of Quebec ("Quebec") at a total transaction value of CAD$10.59 million, including cash consideration at closing of CAD $4.29 million, to arm's-length purchasers (the "Transaction").  The Transaction is [Read more]

Crescent Point Announces Q2 2019 Conference Call

CALGARY, July 18, 2019 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) plans to report its second quarter 2019 financial and operating results via press release prior to the opening of markets on Thursday, July 25, 2019. Crescent Point's management will host a conference call at 10:00 a.m. MDT (12:00 p.m. EDT) the same day to discuss the results and outlook for the Company. Participants can listen to this event online via webcast. [Read more]

Stratas Advisors Upgrades its Oil Price Outlooks

HOUSTON, July 17, 2019 /PRNewswire/ -- Stratas Advisors has slightly raised its 2019 and 2020 oil price outlooks after seeing stronger than expected second quarter prices. "As we have discussed previously, volatility is the name of the game this year as fundamentals nearing balance means that spot prices are often set by sentiment and headlines. The overall expected path of prices has seen very little change, and remains constructive through 2020," said Ashley Petersen, senior oil [Read more]