October 27, 2020, 8:14 AM MDT
Highwood Oil Company Ltd. has initiated a process to identify, examine and consider strategic and financial alternatives.
October 26, 2020, 6:46 PM MDT
Topaz Energy Corp. has completed its previously announced initial public offering (IPO).
October 26, 2020, 7:34 AM MDT
E3 Metals Corp. closed its non-brokered private placement financing.
October 26, 2020, 7:41 AM MDT
October 20, 2020, 7:23 AM MDT
October 19, 2020, 8:25 AM MDT
In connection with the completion of its restructuring, Delphi Energy Corp.’s CEO is retiring, which is one of several management and board changes announced late last week.
October 19, 2020, 7:17 AM MDT
AltaGas Ltd. is indirectly acquiring a further 37 per cent of Petrogas Energy Corp.’s equity for about $715 million, providing approximately 74 per cent ownership of the latter.
October 16, 2020, 9:39 AM MDT
With minimal capital spending, Clearview Resources Ltd. has been able to use the majority of its adjusted funds to reduce bank deb while still maintaining production at approximately 2,025 boe/d for the third quarter of 2020.
October 14, 2020, 9:24 AM MDT
Journey Energy Inc. reached an agreement with its syndicate of lenders to extend the current forbearance period until Oct. 30, 2020.
October 14, 2020, 12 AM MDT
Bengal Energy Ltd. and Westpac Institutional Bank executed an agreement on Sept. 30, 2020, to extend the maturity date of Bengal’s bank debt of US$12.4 million to Feb. 28, 2021.
October 13, 2020, 6:43 AM MDT
North American Construction Group Ltd. has expanded and extended its senior secured credit facility. The facility limit is now $325 million with a maturity date of Oct. 8, 2023.
October 9, 2020, 9:56 AM MDT
Source Energy Services Ltd. outlined a proposed recapitalization transaction that is designed to provide the company with a stronger, long-term capital structure to withstand current industry challenges and build on its position as the largest frack sand provider in the Western Canadian Sedimentary Basin.
October 8, 2020, 4:02 AM MDT
Total Energy Services Inc. has filed a notice with the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) that will expire on Oct. 8, 2021.
October 7, 2020, 7:44 AM MDT
October 6, 2020, 7:33 AM MDT
Bonterra Energy Corp. has received a reserve-based lending commitment from Export Development Canada (EDC) of up to $38.4 million.
October 5, 2020, 5:21 AM MDT
Paramount Resources Ltd. acquired direct ownership and control of 17.32 million common shares of NuVista Energy Ltd. at a price of 61 cents per NuVista share for an aggregate purchase price of $10.57 million.
October 1, 2020, 3:49 AM MDT
Journey Energy Inc. reached an agreement with its syndicate of lenders to extend the current forbearance period until Oct. 13, 2020 to allow discussions with the lending syndicate to continue regarding the outstanding bank debt.
October 1, 2020, 12 AM MDT
Trican Well Service Ltd. completed its 2019-2020 normal course issuer bid (NCIB).
October 1, 2020, 9:01 AM MDT
Highwood Oil Company Ltd.’s reserve-based credit facility has been amended.
October 1, 2020, 11:15 AM MDT
A total of $6.7 billion in equity and debt was raised by the Canadian oil and natural gas industry in the first six months of 2020, up 145 per cent from the $2.7 billion recorded over the same time period in 2019. Debt financings were up significantly year-over-year while the amount of equity raised declined.
September 30, 2020, 6 AM MDT
Bonterra Energy Corp. has received approval from its syndicate of lenders to extend the revolving period applicable to the company's existing credit facility to Oct. 30, 2020 from Sept. 30, 2020.
September 30, 2020, 4:37 PM MDT
Cardinal Energy Ltd. has received approval to extend the revolving period applicable to the company’s existing reserves-based credit facility to Oct. 30, 2020.
September 30, 2020, 4:32 PM MDT
Cequence Energy Ltd. has emerged from the Companies’ Creditors Arrangement Act (Canada) process as a private oil and natural gas company, effective today,
September 29, 2020, 6:47 AM MDT
NuVista Energy Ltd. has renegotiated its minimum volume commitments (MVCs) under various processing and transportation agreements, and also announced an agreement for letters of credit support for $40 million with Export Development Canada (EDC).
September 29, 2020, 3:09 PM MDT