In the global race to lure investment capital to fund energy development, Canada’s got game but must surmount challenges to be competitive.
September 28, 2023, 12 AM MDT
Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million.
September 28, 2023, 6:46 AM MDT
Hemisphere Energy Corporation recently completed its 2023 summer drilling program in the Atlee Buffalo area.
September 28, 2023, 6:37 AM MDT
A total of $5.2 billion in equity and debt was raised by the Canadian oil and natural gas industry in the first six months of 2023, up 191 per cent from the $1.8 billion recorded over the same time period in 2022. Debt financings were up significantly year-over-year while the total amount of equity raised declined.
September 27, 2023, 6 AM MDT
Prospera Energy Inc. has successfully drilled five horizontal wells of the multi-well infill horizontal development program.
September 27, 2023, 6 AM MDT
Peyto Exploration & Development Corp. has completed its previously announced bought deal equity financing, issuing 16.92 million subscription receipts at a price of $11.90 per subscription receipt for gross proceeds of approximately $201 million, which included the full exercise of the over-allotment option granted to the underwriters.
September 26, 2023, 9:54 AM MDT
Stampede Drilling Inc. has entered into a new $50 million credit agreement with HSBC Bank Canada and The Toronto-Dominion Bank.
September 22, 2023, 5:54 AM MDT
Cenovus Energy Inc. announced the early tender results for its tender offers to purchase for cash certain of its outstanding series of notes.
September 19, 2023, 6:55 AM MDT
Ovintiv Inc. announced the pricing of an underwritten public offering of 15 million shares of its common stock by NMB Stock Trust, a Delaware statutory trust for gross proceeds of approximately US$684.8 million.
September 11, 2023, 8:08 AM MDT
September 8, 2023, 11:15 AM MDT
Hammerhead Energy Inc. has outlined the “fair market value” in connection with its previously announced redemption of its outstanding public warrants.
September 1, 2023, 9:27 AM MDT
ARC Resources Ltd. says the Toronto Stock Exchange has accepted the notice filed by ARC to begin a normal course issuer bid.
August 31, 2023, 8:55 AM MDT
Blacksteel Energy Inc. reports that it has completed an additional closing of its private placement financing for gross proceeds of $280,250.
August 29, 2023, 7:34 AM MDT
Enterprise Group, Inc. announces that the Toronto Stock Exchange has accepted its notice of intention to renew its normal course issuer bid to purchase outstanding common shares of the company on the open market in accordance with the rules of the TSX.
August 28, 2023, 10:33 AM MDT
Acceleware Ltd. closed the non-brokered private placement of units that it previously announced on June 6, 2023.
August 22, 2023, 12 AM MDT
August 22, 2023, 12 AM MDT
August 21, 2023, 8:08 AM MDT
To capitalize on an improved outlook for North American natural gas fundamentals and expanding market dynamics through the second half of 2023, Crew Energy Inc. strategically elected to monetize a portion of its hedge book in Q2/23, generating $11.8 million.
August 10, 2023, 12 AM MDT
August 8, 2023, 10:53 AM MDT
August 8, 2023, 12 AM MDT
August 3, 2023, 12 AM MDT
Adam Waterous, the executive chair of Strathcona Resources Ltd. and CEO of Waterous Energy Fund (WEF), described the company’s “guiding principles” following the announced acquisition of Pipestone Energy Corp.
August 1, 2023, 9:20 AM MDT
July 31, 2023, 12 AM MDT
“It’s been a busy week” was the understated opening of remarks this morning by François Poirier, president and CEO of TC Energy Corporation, in describing the transformative deals announced over the past five days that set out the company’s path for the next decade.
July 28, 2023, 10:23 AM MDT
TC Energy Corporation’s board of directors has approved plans for TC Energy to separate into two independent, investment-grade, publicly listed companies through the spinoff of its Liquids Pipelines business.
July 27, 2023, 2:18 PM MDT
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