Month: April 2021

Apr 30, 2021 CALGARY, AB, April 30, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX: ERF) (NYSE: ERF) today announced that it has closed its previously announced acquisition of Williston Basin assets from Hess Corporation for a total cash purchase price of US$312 million, subject to normal purchase price adjustments. The purchase price was funded with existing cash … Read more

(TSX: AAV) CALGARY, AB, April 29, 2021 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to report first quarter 2021 results including record production, significant free cash flow(a) and a material reduction in net debt(a). Results from Advantage’s winter drilling program have continued to exceed expectations both in costs and well performance while gas prices … Read more

April 30, 2021    CALGARY, Alberta, April 30, 2021 (GLOBE NEWSWIRE) — (PIPE – TSX) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that is has successfully renewed and extended its Reserve Based Loan (“RBL” or “Credit Facility”) with its syndicate of banks, re-affirming its borrowing base at $225 million. Pipestone Energy has closed … Read more

The Company Continues to Execute on its Strategic Plan; Delivers Robust First Quarter; and Increases 2021 Financial Guidance Ranges. CALGARY, AB, April 29, 2021 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) today reported first quarter 2021 financial results and provided an update on the Company’s operations and outlook. HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars … Read more

CALGARY, AB, April 29, 2021 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited consolidated financial results for the three months ended March 31, 2021. Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and related management’s discussion and … Read more

Apr 29, 2021 CALGARY, AB, April 29, 2021 /CNW/ – Prairie Storm Resources Corp. (“Prairie Storm” or the “Company”) (TSXV: PSEC) is pleased to report its audited financial and operating results for the quarter and year ended December 31, 2020. Selected financial and operating information is outlined below and should be read in conjunction with Prairie Storm’s audited annual consolidated … Read more

April 29, 2021 CALGARY, Alberta, April 29, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX: BTE) reports its operating and financial results for the three months ended March 31, 2021 (all amounts are in Canadian dollars unless otherwise noted). “We delivered strong first quarter production and free cash flow as we accelerate our deleveraging strategy. … Read more

Yangarra Resources Ltd.  Apr 28, 2021 CALGARY, AB, April 28, 2021 /CNW/ – Yangarra Resources Ltd. (“Yangarra” or the “Company“) (TSX: YGR) announces its financial and operating results for the three months ended March 31, 2021. During the first quarter, Yangarra continued its disciplined approach to controlling costs on operations and capital spending by successfully drilling seven wells and completing eight wells … Read more

Vermilion Energy Inc.  Apr 28, 2021 CALGARY, AB, April 28, 2021 /PRNewswire/ – Vermilion Energy Inc. (“Vermilion”, “We”, “Our”, “Us” or the “Company”) (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three months ended March 31, 2021. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2021 … Read more

April 28, 2021 Highlights: First-quarter 2021 net earnings of $309 million ($1.16 per share diluted), cash from operating activities of $827 million and non-GAAP cash flow of $890 million Generated $540 million of non-GAAP free cash flow in the quarter and reduced total debt by $467 million to $6.4 billion Exceeded divestiture target with more than $1.1 billion in announced asset sales; well ahead of year-end 2022 target; … Read more

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, AB, April 28, 2021 /CNW/ – Surge Energy Inc. (“Surge” or the “Company“) (TSX: SGY) is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by Cormark Securities Inc. and National Bank Financial Inc. (collectively, the … Read more

April 28, 2021 CALGARY, Alberta, April 28, 2021 (GLOBE NEWSWIRE) — Distinction Energy Corp. (“Distinction” or the “Company”) is pleased to announce that it has closed, together with Kiwetinohk Resources Corp. (“Kiwetinohk”), the previously announced $335 million acquisition (including $15 million in potential contingent payments based on future commodity prices) of certain interests in the … Read more

Enbridge Inc.  Apr 28, 2021, 07:30 ET Projects to convert landfill waste into energy will utilize existing infrastructure to heat homes, power businesses and fuel vehicle fleets while reducing carbon emissions CALGARY, AB, April 28, 2021 /CNW/ – Today, Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB), Walker Industries and Comcor Environmental, announced a partnership to jointly develop renewable … Read more

Calgary, Alberta–(Newsfile Corp. – April 28, 2021) – Leucrotta Exploration Inc. (TSXV: LXE) (“Leucrotta” or the “Company”) is pleased to announce its 2020 year-end reserves as independently evaluated by GLJ Ltd. (“GLJ”) effective December 31, 2020 (the “GLJ Report”), in accordance with National Instrument 51-101 (“NI 51-101”) and the Canadian Oil and Gas Evaluation (“COGE”) Handbook. All dollar figures … Read more

Calgary, Alberta–(Newsfile Corp. – April 28, 2021) – Leucrotta Exploration Inc. (TSXV: LXE) (“Leucrotta” or the “Company”) is pleased to announce its financial and operating results for the three months and year ended December 31, 2020. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS               Three … Read more

Calgary, Alberta–(Newsfile Corp. – April 27, 2021) –  Briko Energy Corp. (“Briko” or the “Corporation”) is pleased to report its financial and operating results for the three months and year ended December 31, 2020. Financial and operational information is set out below and should be read in conjunction with Briko’s December 31, 2020 audited annual financial … Read more

Loan guarantee supports Frog Lake First Nation’s ownership of the Lindbergh Cogeneration Facility at Strathcona Resource Ltd.’s Lindbergh SAGD operation April 27, 2021 Alberta Indigenous Opportunities Corporation CALGARY, Alberta, April 27, 2021 (GLOBE NEWSWIRE) — The Alberta Indigenous Opportunities Corporation (AIOC) has provided Frog Lake First Nation (Frog Lake) with a $27 million loan guarantee to … Read more

April 23, 2021 CALGARY, Alberta, April 23, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announces that the Company will release its 2021 first quarter financial and operating results on Tuesday May 4, 2021, post-market, and provides the following information regarding the Company’s Annual Meeting of Stockholders. Gran Tierra’s … Read more

Addition of Fraser Valley Biogas, the original producer of RNG into FortisBC’s network, provides immediate RNG production and strengthens EverGen’s partnerships April 22, 2021 VANCOUVER, British Columbia–(BUSINESS WIRE)–EverGen, Canada’s Renewable Natural Gas (RNG) Infrastructure Platform, announces its acquisition of Fraser Valley Biogas Ltd. (“Fraser Valley Biogas”) in Abbotsford, BC. Fraser Valley Biogas has been in … Read more

April 22, 2021 06:01 ET | Source: Precision Drilling Corporation CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information … Read more

(MENAFN – Newsfile Corp) Pine Cliff Energy Ltd. Announces Extension of Insider Loan Facility, Changes to Board of Directors and Provides Information Regarding Annual and Special Meeting of Shareholders Calgary, Alberta–(Newsfile Corp. – April 20, 2021) – Pine Cliff Energy Ltd. ( TSX: PNE ) (” Pine Cliff ” or the ” Company “) is pleased to announce that the term (the … Read more

CHETWYND, BC, April 20, 2021 /CNW/ – Multinational energy company CNRL is trying to bully its way into concluding a legal strike by Unifor Local 449, says Unifor. “The energy workers in Chetwynd deserve the wage and benefits pattern that has been bargained industry-wide,” said Jerry Dias, Unifor National President. “CNRL must pay its fair … Read more

CALGARY, AB (April 20, 2021) – Canada’s oil and natural gas services sector association, the Petroleum Services Association of Canada (PSAC), is pleased to see a number of measures that will help the natural resources sector. Debt and deficit reduction and restoring investor confidence to ensure long-term growth and economic prosperity however, remain to be … Read more

April 19, 2021 CALGARY, Alberta, April 19, 2021 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its first quarter (“Q1 2021“) operating and financial results for the period ended March 31, 2021. First Quarter 2021 Highlights: • Total revenues of $59.5 million increased 27% over Q4 2020 and 13% … Read more