A $31.2-million investment from the Alberta Enterprise Corporation (AEC) will help Alberta technology, the province announced.
January 25, 2022, 2:52 PM MST
Pieridae Energy Limited’s strategic review is now complete, the special committee has been dissolved and the mandate of Peters & Co. Limited has ended.
January 24, 2022, 5:44 AM MST
January 24, 2022, 12 AM MST
An alliance of four First Nations created to pursue ownership in major infrastructure projects has its eye on the energy sector.
January 21, 2022, 11:33 AM MST
January 21, 2022, 12 AM MST
Birchcliff Energy Ltd. has outlined a 2022 capital spending budget of $240 million-$260 million.
January 19, 2022, 2:23 PM MST
Enbridge Inc. intends to exercise its right to redeem all of its outstanding cumulative redeemable minimum rate reset preference shares, Series 17, on March 1, 2022 at a price of $25 per Series 17 share, together with all accrued and unpaid dividends, if any.
January 19, 2022, 4:44 PM MST
Obsidian Energy Ltd. reconfirmed its syndicated credit facility with no changes to the revolving period.
January 18, 2022, 12 AM MST
Tourmaline Oil Corp. this afternoon announced a quarterly base dividend increase of 11 per cent and the declaration of a special cash dividend of $1.25/share, given the continued strong financial performance and outlook for the company.
January 17, 2022, 3:09 PM MST
Obsidian Energy Ltd. has completed the one-time adjustment of its syndicated credit facility, effective Dec. 31, 2021.
January 12, 2022, 8:26 AM MST
AltaGas Ltd. today announced that it has closed its previously announced offering of $300 million of 5.25 per cent fixed-to-fixed rate subordinated notes, series 1, due Jan. 11, 2082.
January 11, 2022, 7:12 AM MST
Cenovus Energy Inc. announces that on Feb. 9, 2022, it will redeem the entire outstanding principal amount of its 3.80 per cent notes due Sept. 15, 2023, and 4.00 per cent notes due April 15, 2024.
January 11, 2022, 7:18 AM MST
Canada Energy Partners Inc. announces a non-brokered private placement to raise gross proceeds of up to $400,000 through the issuance of up to five million units at a purchase price of eight cents per unit.
January 7, 2022, 8:15 AM MST
Precision Drilling Corporation’s debt reduction plans will continue with the goal of repaying over $400 million in debt over the next four years and reaching a sustained net debt to adjusted EBITDA ratio of below 1.5 times.
January 6, 2022, 4:20 AM MST
AltaGas Ltd. has priced an offering of $300 million of 5.25 per cent fixed-to-fixed rate subordinated notes, Series 1 due Jan. 11, 2082.
January 6, 2022, 12 AM MST
Pieridae Energy Limited has reached an agreement with its senior secured lender Third Eye Capital Corporation (TEC) to extend payment of the $50 million term loan deferred fee (which was due Jan. 4, 2022) and to amend certain other terms and covenants of the credit agreement first signed with TEC in October 2019, related to the purchase of Royal Dutch Shell plc’s Foothills assets.
January 5, 2022, 12 AM MST
Enbridge Inc. is considering an offering of hybrid subordinated debt securities in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation.
January 5, 2022, 12 AM MST
Stampede Drilling Inc. currently has all 10 of its fully crewed marketable drilling rigs scheduled to go to work for the first quarter of 2022 due to the company's expanding customer base.
January 4, 2022, 6:59 AM MST
AltaGas Ltd. is considering an offering of hybrid subordinated debt securities under its short form base shelf prospectus dated Feb. 22, 2021.
January 4, 2022, 7:12 AM MST
Enbridge Inc. says that the Toronto Stock Exchange (TSX) has approved its normal course issuer bid (NCIB) to purchase, for cancellation, up to 31,062,331 of its outstanding common shares to an aggregate amount of up to $1.5 billion.
January 3, 2022, 12 AM MST
Prairie Provident Resources Inc. announced the renewal of its senior secured revolving note facility.
January 3, 2022, 12 AM MST
Western Energy Services Corp. announced that Alberta Investment Management Corporation (AIMCo), the lender under its second lien credit facility, has agreed to extend the due date for the payment of interest under the facility that Western would have been required to pay on Jan. 4, 2022 to Feb. 28, 2022.
January 3, 2022, 12 AM MST
December 24, 2021, 8:56 AM MST
Pulse Seismic Inc. has renewed its revolving credit facility and extended the maturity date for two years to Jan. 15, 2025.
December 22, 2021, 12 AM MST
Headwater Exploration Inc. has issued a call notice to Cenovus Marten Hills Partnership (CMHP), a wholly-owned subsidiary of Cenovus Energy Inc., requiring CMHP to exercise the 15 million warrants to purchase common shares of the company that CMHP holds.
December 22, 2021, 12 AM MST
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