SECURE Energy Services Inc. said that, in connection with its previously announced consent solicitation with respect to proposed amendments to the indenture governing its 11.000 per cent senior second lien secured notes due 2025, the company received, as of 5:00 p.m. Eastern on June 16, 2023, consents from the holders of more than 50 per cent of the aggregate principal amount of the then outstanding notes.
June 19, 2023, 11:24 AM MDT
Pieridae Energy Limited’s wholly-owned subsidiary, Pieridae Alberta Production Ltd., has successfully completed a debt refinancing transaction, resulting in new credit facilities with Prudential Private Capital and Voya Investment Management totaling US$150 million.
June 15, 2023, 10:37 AM MDT
InPlay Oil Corp. has renewed its syndicated senior credit facility.
June 15, 2023, 12 AM MDT
Saturn Oil & Gas Inc. has received approval from the Toronto Stock Exchange (TSX) to graduate the listing of its common shares to the main board of the TSX.
June 14, 2023, 12 AM MDT
Cenovus Energy Inc. has reached separate agreements with each of Hutchison Whampoa Europe Investments S.à r.l. (HWEI) and L.F. Investments S.à r.l. (LFI) to purchase for cancellation all of the warrants held by HWEI and LFI, respectively, representing an aggregate of 45,484,672 warrants (CVE.WT), for $711 million in the aggregate.
June 14, 2023, 5:35 AM MDT
NuVista Energy Ltd. announced that the Toronto Stock Exchange (TSX) has approved the renewal of the its normal course issuer bid (NCIB)
June 14, 2023, 12 AM MDT
June 14, 2023, 5:14 AM MDT
June 12, 2023, 9:09 AM MDT
Hammerhead Energy Inc. announced the results of its substantial issuer bid.
June 5, 2023, 12 AM MDT
With the addition of the Industrial and Commercial Bank of China (Canada) to Obsidian Energy Ltd.’s banking syndicate, the company announced an increase to its syndicated credit facility to $240 million from $200 million, successfully completing its near-term objective of enhancing liquidity and providing more flexibility for its return of capital strategy.
June 1, 2023, 12 AM MDT
Gear Energy Ltd. completed its borrowing base review, resulting in an increase in the syndicated credit facility from $42 million to $50 million.
June 1, 2023, 8:36 AM MDT
A total of $2.7 billion in capital was raised by the Canadian oil and natural gas industry in 2022, down significantly from the $10.8 billion raised in 2021.
May 31, 2023, 6 AM MDT
Stampede Drilling Inc. has received TSX Venture Exchange approval to commence a normal course issuer bid (NCIB) to purchase its common shares through the facilities of the TSXV and/or alternative trading platforms, commencing on June 1, 2023 and expiring on the earlier of May 31, 2024 and the date on which Stampede has acquired the maximum number of common shares allowable under the NCIB.
May 31, 2023, 6:55 AM MDT
May 19, 2023, 12 AM MDT
Ovintiv Inc. has priced an offering of $600 million in aggregate principal amount of 5.650 per cent senior notes due 2025, $700 million in aggregate principal amount of 5.650 per cent senior notes due 2028, $600 million in aggregate principal amount of 6.250 per cent senior notes due 2033 and $400 million in aggregate principal amount of 7.100 per cent senior notes due 2053.
May 17, 2023, 12 AM MDT
Stampede Drilling Inc. has granted an aggregate of 1.97 million stock options to purchase common shares of the company to officers, employees and the newly elected directors of the company.
May 17, 2023, 5:45 AM MDT
AltaGas Ltd. completed its issue of $400 million of senior unsecured medium term notes with a coupon rate of 4.638 per cent, maturing on May 15, 2026.
May 16, 2023, 12 AM MDT
May 11, 2023, 7:58 AM MDT
Higher commodity prices in 2022 resulted in a major jump in operating cash flow and free cash flow for North American exploration and production companies, according to Evaluate Energy analysis of 88 North American operators with production over 5,000 boe/d.
May 9, 2023, 6 AM MDT
Razor Energy Corp. is offering rights to eligible holders of its common shares of record at the close of business on May 16, 2023.
May 9, 2023, 12 AM MDT
May 9, 2023, 12 AM MDT
May 9, 2023, 9:28 AM MDT
Cathedral Energy Services Ltd. has received cumulative, aggregate proceeds of $16.0 million from the exercise of 18,837,888 common share purchase warrants that expired on April 25, 2023.
May 8, 2023, 6 AM MDT
May 8, 2023, 8:53 AM MDT
Razor Energy Corp. has entered into a debt settlement agreement.
May 1, 2023, 5:46 AM MDT
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