Tidewater Midstream and Infrastructure Ltd. announced a financing plan to fully fund the repayment of its $125 million senior unsecured notes due Dec. 19, 2022 and $20 million second lien term loan.
July 27, 2022, 2:35 PM MDT
In connection with the transaction and an investment by the Kicking Horse Funds of $16 million in the private placement, Thomas P. Dea will join Tidewater Midstream and Infrastructure Ltd.’s board of directors.
July 27, 2022, 2:41 PM MDT
Topaz Energy Corp. generated record cash flow of $95.4 million for Q2 2022, 29 per cent higher than Q1 2022 and 156 per cent higher than Q2 2021.
July 26, 2022, 2:31 PM MDT
Topaz Energy Corp.’s Q2 2022 average royalty production of 16,676 boe/d increased three per cent from Q1 2022 (16,122 boe/d).
July 26, 2022, 2:38 PM MDT
July 21, 2022, 12 AM MDT
Advantage Energy Ltd.’s production during the second quarter of 2022 increased to average approximately 60,000 boe/d (89 per cent natural gas, five per cent natural gas liquids and six per cent light and medium crude oil).
July 7, 2022, 6:28 AM MDT
Tidewater Midstream and Infrastructure Ltd. has pled guilty to a charge laid against it by the Alberta Energy Regulator (AER) in October 2021.
July 6, 2022, 1:07 PM MDT
AltaGas Ltd. announced the purchase of 25.97 per cent equity ownership of Petrogas Energy Corp. from Idemitsu Canada Corporation, a wholly owned subsidiary of Idemitsu Kosan Co., Ltd., for total cash considerations of C$285 million.
July 5, 2022, 3:14 PM MDT
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
Keyera Corp. has appointed Isabelle Brassard to its board of directors, effective immediately.
June 9, 2022, 12 AM MDT
AltaGas Ltd. announced an agreement to sell its Alaskan Utilities to TriSummit Utilities Inc. for US$800 million (approximately C$1.025 billion).
May 26, 2022, 5:51 AM MDT
Inter Pipeline has agreed to issue $550 million of senior unsecured notes.
May 17, 2022, 12 AM MDT
Tidewater Midstream and Infrastructure Ltd. expects to announce a final investment decision in the near-term for its Pipestone Natural Gas Plant Phase 2 expansion to add 100 mmcf/day of sour gas processing to the facility.
May 13, 2022, 9:43 AM MDT
With Canada’s energy industry almost fully recovered from the pandemic downturn, LNG export demand should launch the next major phase of natural gas production growth, and with it will come increased liquid production that will need new markets, according to the leaders of three large infrastructure operators.
May 11, 2022, 9:32 AM MDT
Pipestone Energy Corp. is increasing its 2022 capital guidance range to $225 - $235 million (up from $210 - $220 million).
May 11, 2022, 6:11 AM MDT
Keyera Corp. reported realized cash flow from operating activities of $457 million in the first quarter of 2022, a 70 per cent increase compared with $268 million for the same period in 2021. The jump in cash flow was driven largely by a major increase in revenues from its marketing division.
May 10, 2022, 8:49 AM MDT
Enbridge Inc. and Humble Midstream, LLC announced the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center (EIEC), near Corpus Christi, Texas.
May 6, 2022, 4:56 AM MDT
Pembina Pipeline Corporation reported record adjusted EBITDA of $1 billion in the first quarter of 2022, representing a 20 per cent increase over the same period the prior year.
May 6, 2022, 8 AM MDT
Tourmaline Oil Corp. has bolstered its long-term associated Conroy facilities plan with additional interest in two plants.
May 6, 2022, 8:53 AM MDT
Despite high commodity prices and improved operator financials, the Canadian oil and gas sector still presents plenty of good acquisition targets for royalty and energy infrastructure company Topaz Energy Corp., company president and chief executive officer Marty Staples said during Topaz’s 2022 first quarter conference call.
May 5, 2022, 8:44 AM MDT
Enerflex Ltd. achieved strong financial results during this year’s first quarter despite increased inflationary and competitive pressures, says executive management.
May 5, 2022, 10:39 AM MDT
A partnership of energy companies signed a memorandum of understanding (MOU) to produce, transport, and burn hydrogen in a small-scale pilot project at the Suffield natural gas storage facility in Alberta.
May 5, 2022, 7:10 AM MDT
Topaz Energy Corp. reported record cash flow of $74.2 million and record free cash low of $73.8 million from its royalty assets in the first quarter of 2022.
May 4, 2022, 8:10 AM MDT
High commodity prices, combined with increased throughput at Gibson Energy Inc.’s liquids infrastructure business and improved performance at its marketing business resulted in higher revenue and earnings in the first quarter of 2022, the company reported this morning.
May 3, 2022, 9:41 AM MDT
AltaGas Ltd. reported global export volumes during the first quarter of 2022 of approximately 88,000 bbls/d of LPGs to Asia, spread across 14 Very Large Gas Carriers (VLGCs).
April 28, 2022, 11:27 AM MDT