BOE Report

Pembina Pipeline Corporation Declares Common Share Dividend

CALGARY, Sept. 10, 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 September 2019 of $0.20 per share to be paid, subject to applicable law, on October 15, 2019 to shareholders of record on September 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]

Enbridge provides update on Canadian Mainline open season process

Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) provided an update today on the Canadian Mainline open season regulatory process. On August 2, 2019, Enbridge commenced an open season, offering firm capacity on its crude oil Mainline system, effective upon expiry of the Competitive Toll Settlement that is in place until July 1, 2021. The open season is the first stage of Enbridge determining whether there is sufficient commercial interest for its offering to provide priority [Read more]

Encana Announces Final Results of Substantial Issuer Bid

Encana Corporation today announced the final results of its substantial issuer bid (the "Offer") under which it has accepted to purchase for cancellation 47,333,333 of its common shares ("Shares") at a purchase price of US$4.50 per Share, for an aggregate purchase price of approximately US$213 million. Shares purchased under the Offer represent approximately 3.5% of the issued and outstanding Shares at the time that the Offer was commenced. Based on the final count by AST Trust Company [Read more]

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

Encana Corporation's (NYSE, TSX: ECA) wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., today closed on its previously announced sale of its natural gas assets in Oklahoma's Arkoma Basin. Proceeds from the sale will be used to reduce the Company's debt. Encana's Arkoma assets included approximately 140,000 net acres of leasehold and production of approximately 77 million cubic feet equivalent per day (98% natural gas). The Company's full-year proforma production guidance [Read more]

Whitecap Resources Inc. Strengthens Balance Sheet – Adjusts 2019 Capital Expenditures

CALGARY, Aug. 26, 2019 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) announces that it has elected to exercise a more cautious approach for the balance of 2019 by reducing the Company's 2019 second half capital expenditures program by 17% to $250 million from $300 million to provide greater optionality and improve near term free funds flow. Our full year 2019 capital expenditure program is now anticipated to be $400 million which is $50 million lower than our previous [Read more]

Connacher Announces Q2 2019 Results

CALGARY, Aug. 19, 2019 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2019 ("Q2 2019") (all amounts are in Canadian dollars unless otherwise noted). Q2 2019 Highlights Financial Q2 2019 and YTD 2019 revenue, net of royalties, increased 12% to $60.8 million (Q2 2018 - $54.2 million) and 30% to $114.3 million (YTD 2018 - $88.0 million), respectively, primarily due to higher [Read more]

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]