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Rockpoint Gas Storage Inc. announces closing of upsized initial public offering and exercise of over-allotment option in full

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, AB, Oct. 15, 2025 /CNW/ - Rockpoint Gas Storage Inc. ("Rockpoint" or the "Company") announces today that it has closed its oversubscribed, upsized initial public offering of 32,000,000 class "A" common shares ("Class A Shares") at a price of C$22.00 per Class A Share (the "Offering Price") for gross proceeds of approximately C$704,000,000 (the "Offering"). In addition, the underwriters exercised [Read more]

Online Auction – Offshore & Construction Equipment from a Major Project

A unique opportunity to acquire premium surplus equipment from a major offshore construction project. Assets include CAT generators, control cabins, fuel tanks, tools, and more—many in unused or near-new condition. Located in Newfoundland and ready for redeployment. Auction Closes October 23rd. To register and bid, please visit AllSurplus.com Featured Equipment: 2013 Kroll K4000 Tower Crane – 85m jib, 110 MT capacity CAT SR5 Generator Sets – C32 diesel, 675kW, 600V, [Read more]

GDM and Muddy Boots Launch a Transformative Alliance

GDM Inc., Canada’s trusted source for energy infrastructure data, and Muddy Boots Inc., a leader in mobile-first field operations software, have entered into a strategic alliance. Integrating their two premiere offerings for pipeline integrity gives the Canadian industry a unified system that connects field and office teams, keeps asset data accurate, and ensures decisions are grounded in near real-time operational insights, not outdated spreadsheets or siloed tools currently in the [Read more]

Cenovus Energy acquires additional MEG Energy common shares

CALGARY, Alberta, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has acquired an additional 3,276,460 common shares of MEG Energy Corp. (“MEG”) through the facilities of the Toronto Stock Exchange or other Canadian alternative exchanges or markets. Immediately following the acquisition of the common shares, Cenovus beneficially owned, directly or indirectly, and exercised control or direction over, an aggregate of 25,000,000 MEG common shares [Read more]

Surge Energy Inc. confirms November 2025 dividend

CALGARY, AB , Oct. 15, 2025 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on November 17, 2025, in respect of October 2025 production, for the shareholders of record on October 30, 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 [Read more]

Tamarack Valley Energy Ltd. Announces Monthly Dividend Declaration for October 2025 of C$0.01275 per share

TSX: TVE CALGARY, AB , Oct. 15, 2025 /CNW/ - Tamarack Valley Energy Ltd. 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 of C$0.01275 per share in accordance with the Company's dividend policy. The dividend will be payable on November 14, 2025, to shareholders of record at the close of business on October 31, 2025. This monthly cash dividend is [Read more]

Improved drilling to boost Gulf of Mexico offshore oil output as US onshore growth slows​

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Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue as new technology and friendly regulations attract investment offshore. The offshore oil and gas sector took a backseat to shale in recent years because drilling at sea requires years of construction work and higher upfront investments. Entry costs [Read more]

OPEC Secretary General says oil and gas industry needs more investment

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OPEC Secretary General Haitham Al Ghais reiterated on Wednesday that more investment is needed in oil and gas, saying oil will continue to account for about 30% of the global energy mix by 2050. A growing economy, population growth and urbanisation all lead "to one clear signal that the world will need much more energy than it is consuming today", he said in remarks to the Russian Energy Week conference in Moscow. He forecast 23% growth in primary energy demand by 2050. "Yes, it's a [Read more]

California judge blocks efforts to restart Santa Ynez oil pipeline

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A California judge on Tuesday sided with the state government and tentatively ruled against Houston-based oil company Sable Offshore's request to restart a pipeline that pulls crude from the Santa Ynez offshore oil project. The tentative ruling from Judge Thomas Anderle in the Superior Court for Santa Barbara County marks a major setback for Sable, whose business is entirely focused on the Santa Ynez project. Its shares fell over 20% to about $14 each in extended trading. The company in [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 Oct. 14 3rd/4th Year Apprentice Electrician Strike Group Fort McMurray Oct. 14 Journeyperson Electrician Strike Group Fort McMurray Oct. 11 ELECTRONICS [Read more]