BOE Report

Parkland Corporation Announces Results of the 2025 Annual and Special Meeting of Shareholders

CALGARY, AB, June 24, 2025 /PRNewswire/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI) held its annual and special meeting of shareholders on June 24, 2025 (the "Meeting"). The Company is pleased to announce that all matters presented at the Meeting were approved, including the special resolution (the "Arrangement Resolution") approving the arrangement with Sunoco LP (the "Arrangement") and election of all ten nominees listed in the management information [Read more]

Deloitte: AI Data Center Power Demand Could Surge 30x by 2035, Amid Power and Grid Capacity Constraints

As developing new data centers to power artificial intelligence (AI) becomes critically important, opportunity arises for industries to collaborate to support evolving infrastructure demands NEW YORK, June 24, 2025 /PRNewswire/ -- Key takeaways Significant growth in AI is spurring unprecedented demand for new AI data centers. Power demand from AI data centers could grow more than thirtyfold by 2035. AI's exponential growth should include collaboration from energy, power, [Read more]

Canadian Oil Sands Production Expected to Reach All-time Highs this Year Despite Lower Oil Prices

S&P Global Commodity Insights Raises 10-year Oil Sands Production Outlook for 4th consecutive year CALGARY, AB, June 24, 2025 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year production outlook for the Canadian oil sands. The latest forecast expects oil sands production to reach a record annual average production of 3.5 million b/d in 2025 (5% higher than 2024) and exceed 3.9 million b/d by 2030—half a million barrels per day higher than 2024. The 2030 projection [Read more]

Whitecap Resources announces closing of senior notes financing

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, AB, June 19, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has successfully closed the previously announced offering of $300 million aggregate principal amount of senior unsecured notes due June 19, 2028 (the "Notes"). The Notes have been issued at par for gross proceeds of $300 million and will bear interest at a fixed rate [Read more]

Whitecap Resources Announces $300 Million Offering of Senior Notes

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, AB, June 17, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has priced an offering of $300 million principal amount of 3.761% senior unsecured notes due June 19, 2028 (the "Notes"). The net proceeds will be used to repay existing indebtedness and for general corporate purposes.   Whitecap's investment grade credit rating [Read more]

Commonwealth LNG Confirms 20-Year Sale and Purchase Agreement with PETRONAS

HOUSTON, June 17, 2025 /PRNewswire/ -- Commonwealth LNG ("Commonwealth") today identified PETRONAS LNG Ltd. ("PETRONAS"), a subsidiary of Malaysia's national oil and gas company, as the major Asian energy company referenced in the company's May 5 announcement of a buyer to purchase 1 million tonnes per annum (MTPA) of LNG for 20 years from Commonwealth's 9.5 MTPA facility under development in Cameron, Louisiana. Commonwealth LNG currently has 4 MTPA of offtake under long-term agreement, with [Read more]

Simpson Oil announces its support for the Sunoco-Parkland transaction

GRAND CAYMAN, Cayman Islands, June 6, 2025 /CNW/ - Simpson Oil Limited ("Simpson Oil"), the largest shareholder of Parkland Corporation ("Parkland"), holding 19.8% of Parkland's outstanding common shares, announced today that it is supportive of, and intends to vote all of its common shares in favor of, the proposed transaction involving Parkland and Sunoco LP ("Sunoco"). As a long-term shareholder since 2017, Simpson Oil has been an advocate for the significant opportunities available to [Read more]

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

HOUSTON, May 30, 2025 /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 billion, inclusive of EAP's net debt. EOG currently expects to fund the acquisition through $3.5 billion of debt and $2.1 billion of cash on hand. "This acquisition combines large, premier acreage positions in the Utica, creating a third [Read more]

Strathcona Resources Ltd. Commences Offer to Acquire MEG Energy Corp.

CALGARY, AB, May 30, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona") announced today that it has formally commenced its offer (the "Offer") to acquire all of the issued and outstanding common shares of MEG Energy Corp. (TSX: MEG) ("MEG") not already owned by Strathcona or its affiliates for 0.62 of a common share of Strathcona ("Strathcona Share") and $4.10 in cash per common share of MEG ("MEG Share"). The notice and advertisement of the Offer has been placed for publishing in [Read more]

Whitecap Resources Inc. to terminate its U.S. reporting obligations with the U.S. Securities and Exchange Commission in respect of its common shares

CALGARY, AB, May 22, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) intends to file a certification with the U.S. Securities and Exchange Commission (the "SEC") today in order to terminate the registration, and its reporting obligations, in respect of its common shares under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). If the SEC does not object, such deregistration and termination will become effective 90 days from today's filing or such [Read more]