Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities

via Tagged With:

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW).

CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced (i) the expiration of the previously announced separate offers (the “Offers”) of TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, to purchase for cash up to C$350,000,000 in aggregate purchase price, excluding accrued and unpaid interest, (the “Maximum Purchase Amount”) of its outstanding notes of the two series listed in the table below (collectively, the “Notes”) at 5 … Continue Reading

TC Energy announces pricing of cash tender offers

via Tagged With:

CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, has released the pricing terms of its previously announced separate offers (the “Offers”) to purchase for cash up to US$1,750,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the “Notes”).

The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer … Continue Reading

PrairieSky Royalty Announces Conference Call for Q3 2024 Results

via Tagged With:

CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — PrairieSky will release its Q3 2024 results on Monday, October 28, 2024 after markets close. The news release detailing PrairieSky’s Q3 2024 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR+ at www.sedarplus.com.

A conference call to discuss the results will be held for the investment community on Tuesday, October 29, 2024 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, you are asked to register at the link … Continue Reading

Pieridae Announces Closing of Equity Rights Offering

via Tagged With:

$29 million equity investment reduces debt and accelerates high-impact optimization program.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
DISSEMINATION IN UNITED STATES

CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce the successful completion of its previously announced equity rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on September 9, 2024. The Rights Offering expired at 3:00 p.m. MDT on October 2, 2024, with the rights trading on the Toronto Stock … Continue Reading

Parex Resources Announces Production Update and Timing of Q3 2024 Results

via Tagged With:

CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as its plan to release its Q3 2024 financial and operating results on Tuesday, November 5, 2024.

Q3 2024 Production Update(1)

  • Q3 2024 average production was 47,569 boe/d.
  • Average production was in line with the most recent production guidance(2).
  • September 2024 production was supported by a new well at Capachos.
  • Parex’s production guidance incorporates a range of technical outcomes and contingency for significant downtime events; there were no notable downtime events during the quarter.
    • boe/d For the… Continue Reading

    Advantage Announces Strategic Production Curtailment, Anticipates Further Capital Reduction

    via Tagged With:

    (TSX: AAV)

    CALGARY, AB, Oct. 8, 2024 /CNW/ – Advantage Energy Ltd. (“Advantage” or the “Corporation”) announces it has begun strategic production curtailments of up to 130 mmcf/d of dry gas in response to unusually low Alberta natural gas prices. Curtailments began during September and are planned to continue during the fourth quarter until such time as pricing recovers.

    Consistent with our strategic priorities of maximizing free cash flow(a) and reducing net debt(a), production curtailment levels are being determined on a continuous basis to eliminate variable cash costs and defer development capital. The curtailments are primarily dry gas at … Continue Reading

    enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

    via Tagged With:

    NASDAQ:EU
    TSXV:EU
    www.encoreuranium.com

    DALLAS, Oct. 8, 2024 /CNW/ – enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the “Company” or “enCore”), a uranium producer and America’s Clean Energy Company™, announced today that the Company held a grand opening celebration at its Alta Mesa In-Situ Recovery (“ISR”) Uranium Central Processing Plant (“CPP”) and Wellfield on Thursday, October 3rd in South Texas. The private event, attended by 300 guests, featured a special conversation between George W. Bush, the 43rd President of the United States, and William M. Sheriff, Executive Chairman of enCore Energy. Guests had the opportunity to … Continue Reading

    SKRR Exploration Inc. Announces that Military Metals Entered into an LOI to Acquire Two Antimony and One Tin Property in the European Union

    via Tagged With:

    VANCOUVER, BC, Oct. 8, 2024 /CNW/ – SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (“SKRR” or the “Company“) SKRR is pleased to announce that Military Metals Corp. (CSE:MILI) (“Military Metals“) has signed a binding Letter of Intent to acquire 100% ownership of 1458205 B.C. Ltd., a private company holding three brownfield projects in Slovakia. The acquisition, if completed, includes two antimony-focused properties and one tin project, all located within the European Union. The assets include the Trojarova Antimony Project and the Medvedi Tin Project, both containing historical resources dating back to the Soviet era. Military Metals stated … Continue Reading

    Alvopetro Announces September 2024 Sales Volumes and an Operational Update

    via Tagged With:

    CALGARY, AB, Oct. 7, 2024 /CNW/ – Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September 2024 sales volumes and an operational update.

    President & CEO, Corey C. Ruttan commented:

    “We saw increased production levels through the third quarter, and we are very excited about strong early production results from our 183-A3 completion. We look forward to continued production from the well and based on these early results we expect to be drilling follow up locations starting later this year.”

    September Sales Volumes

    September sales volumes averaged 1,963 boepd including natural gas sales of 11.2 MMcfpd, associated natural gas … Continue Reading

    Gran Tierra Energy Inc.’s Acquisition of i3 Energy Approved by i3 Energy Shareholders

    via Tagged With:

    CALGARY, Alberta, Oct. 07, 2024 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that the shareholders of i3 Energy plc, a public limited company organized under the laws of England and Wales (“i3 Energy”), have approved Gran Tierra’s previously announced acquisition of i3 Energy (the “Acquisition”).

    This approval satisfies one of the conditions to the closing of the Acquisition. The Acquisition remains subject to the satisfaction of additional regulatory closing conditions, as previously disclosed, and is expected to be effective on or about October 31, 2024.

    Cautionary Statement Regarding Forward-Looking Statements

    This press … Continue Reading

    Greenlane Announces Biogas Desulfurization Orders as Part of International Expansion

    via Tagged With:

    VANCOUVER, BC, Oct. 7, 2024 /CNW/ – Greenlane Renewables Inc. (“Greenlane” or the “Company“) (TSX: GRN) (FSE: 52G) today announced that its wholly-owned subsidiary Airdep S.r.l. (“Airdep”) has expanded its sales into the South American market, specifically in Brazil, with a first customer order for its biogas desulfurization equipment. The Airdep units are engineered to remove hydrogen sulfide (“H2S”) from raw biogas to protect downstream equipment in a highly effective way at low overall cost. This order in Brazil is in addition to eight units deployed in North America within the last two years. Globally, Airdep has sold … Continue Reading

    MEG Energy Cautions Investors Regarding TRC Capital’s Below Market “Mini-Tender” Offer

    via Tagged With:

    CALGARY, AB, Oct. 7, 2024 /CNW/ – MEG Energy Corp. (“MEG” or the “Corporation” (TSX: MEG)) has received notice of an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 4,000,000 MEG shares, or approximately 1.50% of MEG’s outstanding shares, at a price of C$24.25 per share. The offering price represents a discount of 4.57% to the closing price of MEG shares on the Toronto Stock Exchange (the “TSX”) on September 30, 2024, the last trading day before the mini-tender offer was commenced, and a 12.42% discount to the closing price of … Continue Reading