Oil & Gas Finance - Investment

  • Source Rock Royalties Announces Equity Compensation Grants

    Source Rock Royalties Ltd. announced that pursuant to its restricted share unit and deferred share unit compensation plan, it has granted (i) 472,500 deferred share units (DSU); and (ii) 307,500 restricted share units (RSU), to officers, directors and consultants.

    July 11, 2022, 10:48 AM MDT

  • Hemisphere Energy In Share Buybacks

    Hemisphere Energy Corporation announced that the TSX Venture Exchange has accepted the company's notice of intention to renew of its normal course issuer bid (NCIB).

    July 7, 2022, 12 AM MDT

  • Free Cash Flow Records Tumble Among North America’s Oil And Gas Producers

    A significant leap in operating cash flow in Q1 2022 allowed oil and gas producers across the U.S. and Canada to enjoy record levels of free cash flow — again.

    July 6, 2022, 12 AM MDT

  • Ovintiv To Sell Portions Of Its Uinta And Bakken Assets For Approximately $250 Million

    Ovintiv Inc. has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken basins for total proceeds of approximately $250 million.

    July 6, 2022, 7:14 AM MDT

  • Crescent Point Boosting Dividend

    Crescent Point Energy Corp. is increasing its quarterly dividend.

    July 6, 2022, 2:57 PM MDT

  • Coelacanth Grants Stock Options And Restricted Share Units

    Coelacanth Energy Inc.’s board of directors approved the granting of incentive stock options under its stock option plan to acquire up to an aggregate of 3.9 million common shares of the company and the granting of restricted share units (RSUs) under its restricted share unit plan to obtain up to an aggregate of 1.95 million common shares to certain of its directors and officers.

    July 4, 2022, 12 AM MDT

  • InPlay Extends Senior Credit Facility

    InPlay Oil Corp. announced that the term out date and borrowing base redetermination applicable to the revolving line of credit (Tranche A and operating facilities) under the company’s senior credit facility has been extended from June 30, 2022 to July 29, 2022.

    July 4, 2022, 12 AM MDT

  • Pine Cliff Announces Debt Free Status

    Pine Cliff Energy Ltd. announced that it has repaid in full, all term debt and insider debt as of June 30, 2022.

    July 4, 2022, 4:06 PM MDT

  • Vermilion Energy Receives Share Buyback Approval

    Vermilion Energy Inc. announced that the Toronto Stock Exchange (TSX) has approved the notice of Vermilion's intention to commence a normal course issuer bid (NCIB) through the facilities of the Toronto Stock Exchange, New York Stock Exchange and other alternative trading platforms in Canada and U.S.

    July 4, 2022, 5:15 AM MDT

  • Wilton Announces Closing Of Private Placement

    Wilton Resources Inc. has closed its previously announced non-brokered private placement of units in the capital of the company at a purchase price of 40 cents per unit, for total aggregate gross proceeds of $260,000.

    June 30, 2022, 11:14 AM MDT

  • Junior E&P Companies Using Unconventional Debt To Finance Acquisitions

    Over the last year we have seen a number oil and natural gas companies, both privately-held and publicly-traded, enter into more unconventional debt structures which provide the capital required for the acquisition of oil and natural gas assets and companies.

    June 29, 2022, 6 AM MDT

  • Coelacanth Announces Extension Of Common Share Purchase Warrants

    Coelacanth Energy Inc. is extending the expiry date of its unlisted common share purchase warrants.

    June 29, 2022, 9:39 AM MDT

  • Calfrac Announces Repayment Of Bridge Loan

    Calfrac Well Services Ltd. announces the repayment and cancellation yesterday of the company’s $25.0 million 8.00 per cent secured bridge loan from G2S2 Capital Inc., a company controlled by George Armoyan, a director of Calfrac.

    June 28, 2022, 9:09 AM MDT

  • Paramount Renews Normal Course Issuer Bid

    Paramount Resources Ltd. announces that the Toronto Stock Exchange has accepted the company’s notice to renew its normal course issuer bid for its class A common shares.

    June 28, 2022, 9:39 AM MDT

  • Cardinal In Normal Course Issuer Bid

    Cardinal Energy Ltd. announced that the Toronto Stock Exchange (TSX) has accepted the notice of Cardinal's intention to commence a normal course issuer bid (NCIB).

    June 28, 2022, 12 AM MDT

  • Tourmaline Surge Propels Mike Rose’s Stake Past C$1 Billion

    June 27, 2022, 12 AM MDT

  • Imperial Outlines Share Buybacks

    Imperial Oil Limited received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five per cent of its 636.78 million outstanding common shares as of June 15, 2022, or a maximum of 31.83 million shares during the next 12 months.

    June 27, 2022, 6:14 AM MDT

  • Tidewater Midstream Extends Credit Facility Refinancing Terms

    Tidewater Midstream and Infrastructure Ltd. along with its senior secured lenders have agreed to extend its previously disclosed deadline to refinance its unsecured notes payable and second lien term loan from June 30, 2022 to July 31, 2022  in order to support its current refinancing plans. Refinancing Transaction details will be disclosed upon finalization of the terms.

    June 24, 2022, 12 AM MDT

  • Gale: First Nations’ Lack Of Capital Access For Major Projects Needs Solution

    Indigenous partnership is an important component in the road to reaching net-zero targets, but limitations around access to capital has been a problem.

    June 21, 2022, 9:27 AM MDT

  • Feds Unveil Low-Carbon 'Industrial Strategy'

    Canada is launching an industrial strategy for its natural resources, with critical mineral infrastructure, hydrogen production and other low-carbon projects set to be a major focus.

    June 21, 2022, 11:15 AM MDT

  • Coelacanth Announces Listing On TSX Venture Exchange

    Coelacanth Energy Inc. has obtained a listing on the TSX Venture Exchange and will be publicly traded on the TSXV under the symbol “CEI” on June 20, 2022.

    June 17, 2022, 10:13 AM MDT

  • Wilton Announces Private Placement Financing

    Wilton Resources Inc. announces that it intends to issue, by way of non-brokered private placement, units of the company at a purchase price of 40 cents per unit for gross proceeds of a minimum of $200,000.

    June 17, 2022, 10 AM MDT

  • Kiwetinohk Output Rises Past 18,000 Boe/d

    Kiwetinohk Energy Corp.’s May production averaged 16,500 boe/d, reaching 18,500 boe/d during the first two weeks of June.

    June 15, 2022, 6:33 AM MDT

  • Imperial Completes $2.5 Billion Substantial Issuer Bid

    Imperial Oil Limited has taken up and paid for 32.47 million common shares at a price of $77.00 per share under Imperial’s offer to purchase for cancellation up to $2.5 billion of its shares.  

    June 15, 2022, 6:41 AM MDT

  • Cardinal Announces Exercise Of Warrants

    Cardinal Energy Ltd. announced that holders of all outstanding warrants to acquire common shares of the company have exercised such warrants, resulting in aggregate proceeds to Cardinal of approximately $12.4 million.

    June 14, 2022, 2:30 PM MDT

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