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News

Strathcona Resources selling Montney assets for $2.84 billion

May 15, 202510:30 AM The Canadian Press0 Comments

Oil Pump Jack

CALGARY - Strathcona Resources Ltd. has signed a series of three agreements to sell its assets in the Montney region valued at a total of $2.84 billion. The company says once the deals are complete it will be a pure-play heavy oil company. Strathcona says Arc Resources Ltd. will acquire its Kakwa asset in a deal valued at $1.7 billion, while Tourmaline Oil Corp. will buy its Groundbirch asset for $291.5 million in Tourmaline shares. Strathcona is also selling its Grande Prairie asset in an [Read more]

ARC Resources Strathcona Resources Tourmaline

Tamarack Valley Energy Announces Monthly Dividend Declaration

May 15, 20259:30 AM CNW

CALGARY, AB, May 15, 2025 /CNW/ - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce the declaration of its monthly dividend. Dividend Declaration Tamarack's Board of Directors has declared a monthly cash dividend on its common shares ("Common Shares") of C$0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on June 16, 2025, to shareholders of record at the close of business on May 30, 2025. [Read more]

Tamarack Valley

Surge Energy Inc. confirms June 2025 dividend

May 15, 20259:00 AM CNW

CALGARY, AB, May 15, 2025 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 16, 2025, in respect of May 2025 production, for the shareholders of record on May 31, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The [Read more]

Surge Energy

Weekly Word Wandering: Spain’s uncomfortable truth can’t be ignored; Manitoba enthusiastically backs interprovincial corridors; US LNG juggernaut keeps growing; some very cool auto hybrid tech

May 15, 20257:00 AM Terry Etam0 Comments

Engaging Articles of the Week Spain Explained: Last week, Spain experienced a sudden and prolonged power outage. It was no trifling, localized event; much of the country’s power grid failed, within 30 seconds. Much of the country was without power for more than 12 hours. Why did it happen? The actual trigger was a bit complex, and at the time not well understood, though mainstream media, while as in-the-dark as anyone, rushed to the conclusion we just somehow knew they would: We don't know [Read more]

Column LNG

2 Window Offices for Rent – Downtown Calgary

May 15, 20256:26 AM BOE Report Staff

🏢 2 Window Offices for Rent – 520 5th Ave SW, Calgary – $750/Month Looking for a professional, centrally located downtown office? We’re offering two bright, fully furnished window offices in a well-appointed building at 520 – 5th Avenue SW, available June 1 (or sooner, if needed). 🌟 Office Features: Large exterior windows with natural light Fully furnished – ready to move in Kitchen access Boardroom access Access to newly renovated gym and tenants' lounge Located [Read more]

SECURE announces preliminary results of its substantial issuer bid

May 15, 20256:00 AM CNW

$136 million expected to be returned to Shareholders through the Offer Undersubscribed bid highlights Shareholder confidence in SECURE's long-term value CALGARY, AB, May 15, 2025 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE") (TSX: SES) announced today the preliminary results of its substantial issuer bid (the "Offer"), pursuant to which SECURE offered to purchase for cancellation up to $200 million of its outstanding common shares (the "Shares") from holders of Shares (the [Read more]

Highwood Asset Management Ltd. announces first quarter 2025 results and operational update

May 15, 20256:00 AM CNW

CALGARY, AB, May 15, 2025 /CNW/ - Highwood Asset Management Ltd. ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce financial and operating results for the three months ended March 31, 2025. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2025, are available on Highwood's website at www.highwoodmgmt.com and on SEDAR+ at www.sedarplus.ca. Highlights [Read more]

GLJ Highwood Asset Management

Logan Energy Corp. announces first quarter 2025 results, upsized credit facilities and operations update

May 15, 20255:30 AM CNW

CALGARY, AB, May 15, 2025 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce its operating and financial results for the three months ended March 31, 2025, and amendments to its credit facilities, including an increase in total credit capacity to $150.0 million. Additionally, the Company is pleased to provide an operations update with strong initial well performance from recent activity and an update relating to the construction of the Pouce 4-19 Facility [Read more]

Logan Energy Spartan Delta

Federal Indigenous Loan Guarantee Program Celebrates First Loan Guarantee

May 15, 20255:29 AM TMX Newsfile

36 First Nations to Invest in a 12.5% Ownership Stake in Enbridge's Westcoast natural gas pipeline system Toronto, Ontario--(Newsfile Corp. - May 15, 2025) - Canada Development Investment Corporation (CDEV), through its subsidiary, Canada Indigenous Loan Guarantee Corporation (CILGC), is proud to announce the provision of a loan guarantee in connection with a landmark transaction to be completed pursuant to an agreement between 36 First Nations in British Columbia (B.C.) and Enbridge for the [Read more]

Enbridge Trans Mountain Pipeline

Bonterra Energy Announces First Quarter 2025 Results and Operations Update

May 15, 20255:00 AM CNW

The Company Achieves Record Production, Completes Balance Sheet Refinancing, Announces an Increase to First Lien Revolving Credit Facility and Subsequent to Quarter End Delivers its Highest Rate Charlie Lake Wells to Date CALGARY, AB, May 15, 2025 /CNW/ - Bonterra Energy Corp. (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its financial and operating results for the three-month period ended March 31, 2025. The related unaudited condensed financial statements and notes for the [Read more]

Bonterra Energy

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