CALGARY, AB - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it has closed its previously announced Canadian offering of $350 million of 5.95% fixed-to-fixed rate subordinated notes due March 10, 2081. The offering was announced on March 8, 2021. The notes were offered through an underwriting syndicate co-led by CIBC Capital Markets and RBC Dominion Securities Inc. under Keyera's Short Form Base Shelf Prospectus dated November 15, 2019, as supplemented by a Prospectus Supplement [Read more]
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XI Technologies: Montney drilling overview
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. In response to the all the attention on M&A in the Montney lately, we published an overview of the Montney play last week focusing on ownership, production history, and liabilities in the region around Dawson Creek (BC). This [Read more]
Pipestone Energy Corp. reports fourth quarter and full year 2020 results, achievement of 2020 guidance and provides an update to its 2021 guidance and 3 year business plan
CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its Q4 and full year 2020 financial and operational results, as well as provide an update to its development program and corporate guidance for 2021 and its three-year outlook. “I am very excited to provide our fourth quarter and full year 2020 results, as well as revised 2021 guidance and an updated three-year business plan”, said Paul Wanklyn, President and CEO. “Due to the [Read more]
Journey Energy Inc. reports its 2020 year-end results
CALGARY, AB - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce its 2020 reserves, operating and financial results. The complete set of financial statements and management discussion and analysis for the year ended December 31, 2020 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for 2020: Produced 8,074 boe/d (46% oil and NGL's) in the fourth quarter and 8,379 boe/d (46% oil and NGL's) for the [Read more]
PetroFrontier Corp. announces closing of credit facility
CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce that it has closed its previously announced credit facility (the "Credit Facility") in the amount of $2,000,000 (see the Corporation's press release dated March 2, 2021). Kasten Energy Inc. and Paul Cheung are insiders of the Corporation and provided $1.5 million and $500,000 of the Credit Facility, respectively. The Credit Facility was unanimously approved by the board of directors of [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Mar. 4 Mineral Land Administrator Oil Startup Calgary Mar. 8 Master Data Analyst TC Energy Calgary Mar. 5 Office Administrator Strike [Read more]
Pine Cliff Energy Ltd. announces annual 2020 results and filing of 2020 disclosure documents
Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff" or the "Company") is pleased to announce its year-end financial and operating results and the filing of its 2020 disclosure documents. Included in the filings were Pine Cliff's annual information form ("AIF"), which includes disclosure and reports related to reserves data and other oil and gas information pursuant to National Instrument 51‐101 Standards of Disclosure for Oil and Gas Activities and its consolidated financial [Read more]
Bonterra Energy Corp. announces fourth quarter and year end 2020 results and reserves
CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2020 and provide summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date of December 31, 2020. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year [Read more]
Surge Energy Inc. announces 2020 fourth quarter and year-end financial and operating results and 2020 year-end reserves
CALGARY, AB - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter and year ended December 31, 2020, and its year-end 2020 reserves, as independently evaluated by Sproule Associates Limited ("Sproule"). 2020 FINANCIAL, OPERATIONAL, AND RESERVES HIGHLIGHTS Achieved an all-in payout ratio1 of less than 100 percent for 2020 while oil averaged less than US$40 WTI per barrel, generating cash flow from operating [Read more]
Alberta’s Toews says final bill on defunct Keystone XL not ‘materially’ above $1.3B
EDMONTON - Alberta’s finance minister says taxpayers won’t be on the hook for much more beyond $1.3 billion already committed to the defunct Keystone XL pipeline. Travis Toews did not provide specifics on the final amount when speaking today to a budget review committee. But he says he doesn't expect taxpayers’ exposure will be, in his words, “materially” much more than what has been spent. Premier Jason Kenney and his United Conservative government had committed $1.5 billion and $6 [Read more]