Property Divestiture: GS E&R Canada Inc.

GSER has filed an application for among other relief, an order approving a proposed sales and investment solicitation process (the “SISP”), which is to be managed by the Proposal Trustee with the assistance of Sayer Energy Advisors (“Sayer”). The Proposal Trustee has engaged Sayer to assist the Proposal Trustee with the sale of all of [Read more]

Source: BOE Report

Tamarack Valley Energy Ltd. announces the strategic acquisition of Anegada Oil Corp., a leading Charlie Lake light-oil producer, for total net consideration of $494 million

This article came to our attention via Oil & Gas News Headlines | BOE Report

CALGARY, AB – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company“) (TSX: TVE) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Anegada Oil ...

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AltaGas Ltd. announces monthly dividend

CALGARY, AB – AltaGas Ltd. (“AltaGas or the Company”) (TSX: ALA) announced today that the April dividend will be paid on May 17, 2021, to common shareholders of record on April 26, 2021. The ex-dividend date is April 23, 2021. The amount of the dividend will be $0.0833 for each common share. This dividend is [Read more]

Source: BOE Report

Hillcrest announces $5M equity facility agreement and first tranche closing

VANCOUVER, B.C. – TheNewswire – April 12, 2021 – Hillcrest Energy Technologies, Ltd. (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HI.F) (the “Company” or “Hillcrest”) today announces the closing of a $5,000,000 equity facility agreement (the “Investment Agreement”) provided by Mercer Street Global Opportunity Fund, LLC (the “Investor” or “Mercer Street”). Hillcrest has received in escrow a First Tranche of [Read more]

Source: BOE Report

Cenovus announces commencement of consent solicitation with respect to Cenovus’ 6.80% notes due 2037

CALGARY, Alberta – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has commenced a consent solicitation (the “Consent Solicitation”) with respect to a proposed amendment to the pledge agreement (the “2037 Notes Pledge Agreement”) in respect of Cenovus’s outstanding 6.80% Notes due 2037 (the “2037 Notes”). The 2037 Notes were issued under [Read more]

Source: BOE Report

Topaz Energy Corp. announces strategic Charlie Lake royalty acquisition to advance its position as the largest contiguous Charlie Lake royalty holder in the Peace River High area of Alberta

CALGARY, AB – Topaz Energy Corp. (TSX: TPZ) (“Topaz” or the “Company”) is pleased to announce that it has entered into a non binding agreement with Tamarack Valley Energy Ltd. (“Tamarack”) for the purchase of a newly created gross overriding royalty interest in the Peace River High area of Alberta for total purchase consideration of [Read more]

Source: BOE Report

Petrus announces renewed focus and new management

CALGARY, Alberta – Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce that Mr. Ken Gray has been appointed as President and Chief Executive Officer of Petrus.  Mr. Gray is a Petroleum Engineer from Texas A&M with extensive experience in Canada, the North Sea and Alaska and is currently President of [Read more]

Source: BOE Report