January 15, 2021, 8:31 AM MST
Perpetual Energy Inc. noteholders and shareholders at a special meeting Jan. 22, 2021 will be asked to consider and approve a resolution with respect to a court-ordered plan of arrangement under the Business Corporations Act (Alberta) involving its senior unsecured notes.
January 15, 2021, 9:51 AM MST
January 12, 2021, 11:28 AM MST
Stephen Woima has joined the Calgary-based Energy Investment Banking team of Raymond James Ltd. as director, head of acquisitions and divestitures, Canada.
January 11, 2021, 7:15 AM MST
January 11, 2021, 11 AM MST
Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial Inc., appointed Jimmy Leung to lead its newly-launched sustainability investment banking team.
January 6, 2021, 7:13 AM MST
Ensign Energy Services Inc. has budgeted capital expenditures for 2021 of approximately $50 million.
January 4, 2021, 12 AM MST
Suncor Energy Inc. will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose project.
January 4, 2021, 4:11 PM MST
Razor Energy Corp. will be deferring its scheduled Dec. 31, 2020 interest payment to the Alberta Investment Management Corporation (AIMCo) under the existing $47.7 million term loan facility.
January 4, 2021, 12 AM MST
Source Energy Services Ltd. announces the completion of its recapitalization transaction pursuant to a plan of arrangement dated Nov. 25, 2020, under the Canada Business Corporations Act.
December 31, 2020, 8:06 AM MST
December 31, 2020, 11:28 AM MST
Cardinal Energy Ltd. has closed the non-brokered private placement of second lien secured notes for gross proceeds of $16.24 million and 8.12 million units at a subscription price of 50 cents per unit for proceeds of $4.06 million as announced on Dec. 2, 2020.
December 31, 2020, 10:32 AM MST
Advantagewon Oil Corp. plans to complete a non-brokered private placement of units at 5.25 cents per unit for aggregate gross proceeds of up to $750,000.
December 31, 2020, 7:11 AM MST
DIVERGENT Energy Services Corp. says it has received shareholder approval on two critical matters that allows the financial restructuring of the company to proceed.
December 30, 2020, 10:36 AM MST
Calfrac Well Services Ltd. completed its recapitalization transaction on Dec. 18, 2020.
December 24, 2020, 9:24 AM MST
Bonterra Energy Corp. reported a successful and efficient Q3/Q4 2020 drilling program, which has and will continue to be funded, in part, by the Business Development Bank of Canada (BDC) commitment.
December 23, 2020, 12 AM MST
The revolving credit period applicable to Perpetual Energy Inc.’s credit facility has been extended to March 1, 2021 and the $20 million borrowing limit maintained.
December 23, 2020, 1:50 PM MST
Gibson Energy Inc. has closed the previously announced offering of $250 million of 5.25 per cent fixed-to-fixed rate subordinated notes due Dec. 22, 2080.
December 22, 2020, 7:54 AM MST
Pulse Seismic Inc. has signed a $3.05 million seismic data licensing agreement, resulting in total seismic data library sales of $5 million to date for the fourth quarter of 2020, and year-to-date seismic data library sales of approximately $10.9 million.
December 21, 2020, 12 AM MST
Gear Energy Ltd. has outlined a $20 million capital budget for 2021 targeting stabilized production and continued improvement of the strong balance sheet.
December 17, 2020, 5:13 PM MST
December 16, 2020, 8:36 AM MST
On its financial health index, Wood Mackenzie Ltd. finds that Canadian large-cap energy firms are financially quite strong, in general, when compared to their large-cap counterparts in the United States.
December 11, 2020, 10:13 AM MST
As a result of improving macro conditions, Yangarra Resources Ltd.'s board of directors has approved a capital program of $60 million for 2021.
December 11, 2020, 12 AM MST
Cardinal Energy Ltd. has received approval from its syndicate of lenders to extend its credit facilities.
December 10, 2020, 12 AM MST
Royal Helium Ltd. and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of its minimum offering to $5 million in response to strong interest from both institutional and retail investors.
December 10, 2020, 6 AM MST