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
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
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 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 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 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 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 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
June 13, 2022, 6 AM MDT
Imperial Oil Limited announced the preliminary results of its substantial issuer bid, pursuant to which Imperial offered to purchase for cancellation up to $2.5 billion of its common shares.
June 13, 2022, 7:08 AM MDT
Tamarack Valley Energy Ltd. successfully closed the previously announced acquisition of Rolling Hills Energy Ltd.
June 10, 2022, 9:07 AM MDT
NuVista Energy Ltd. says the Toronto Stock Exchange (TSX) has approved the commencement of a normal course issuer bid (NCIB).
June 10, 2022, 12 AM MDT
The Indian Resource Council (IRC) is leading a delegation of Chiefs to Toronto on June 9, 2022 to meet with the investment community.
June 8, 2022, 3:09 PM MDT
Perpetual Energy Inc. announced that the semi-annual borrowing base redetermination of the company's first lien credit facility has been completed.
June 8, 2022, 3:24 PM MDT
Saturn Oil & Gas Inc. closed a $75 million bought deal offering, (including full exercise of over-allotment option) and announced a proposed $3 million non-brokered offering.
June 8, 2022, 7:58 AM MDT
At Leismer, Athabasca Oil Corporation successfully completed a two-week plant turnaround on schedule and on budget in May.
June 6, 2022, 4:21 AM MDT
B-32 Exploration Ltd. closed a series of non-brokered financings totaling $20.6 million.
June 2, 2022, 6:46 AM MDT
Alberta Innovates is investing new funding to support Alberta’s small- and medium-sized technology companies and strengthen the province’s emerging technology ecosystem.
June 2, 2022, 3:28 PM MDT
On June 1, 2022, Clearview Resources Ltd. entered into a new agreement with its lender, establishing a $10.0 million revolving operating facility.
June 2, 2022, 10:28 AM MDT
Obsidian Energy Ltd. extended the revolving period in its syndicated credit facility to July 15, 2022, to accommodate timing associated with debt refinancing.
June 1, 2022, 12 AM MDT
June 1, 2022, 12 AM MDT
Petrus Resources Ltd. has closed the credit refinancing transactions previously announced on May 5, 2022.
May 31, 2022, 12 AM MDT
Bonterra Energy Corp. brought on production 24 gross (19.6 net) wells through the first five months of 2022, to be followed by post-spring breakup drilling and completion operations which are scheduled to commence in late June 2022.
May 31, 2022, 3:11 PM MDT
As part of a 15 million share block trade on the TSX at a price of $21.85 per share, MEG Energy Corp. has repurchased 3.4 million shares for cancellation using the block purchase exception under its normal course issuer bid (NCIB) and other institutional shareholders have purchased the remaining shares of the block.
May 31, 2022, 9:22 AM MDT
Ensign Energy Services Inc. announced that pursuant to conversion notices received from all holders of its $37 million principal amount of outstanding convertible debentures, Ensign has issued an aggregate of 21.14 million common shares to the holders, at a conversion price of $1.75.
May 31, 2022, 3:16 PM MDT
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