Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


CORRE Provides Business Update

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TORONTO, April 12, 2021 /CNW/ – Canadian Oil Recovery and Remediation Enterprises Ltd. (TSXV: CVR) (the “Company” or “CORRE“) is pleased to announce the results of its annual and special meeting (the “Meeting”) of shareholders held on Friday, April 9, 2021.  The Meeting was held, in part, to deliver the annual financial statements and related management’s discussion and analysis of the Company, fix and appoint the directors of the Company, appoint the Company’s auditors and approve the Company’s Stock Option Plan, all as more particularly set out in the Management Information Circular dated March 3, 2021.

At … Continue Reading

Enerplus to Report First Quarter 2021 Results

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CALGARY, AB, April 12, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the first quarter of 2021 prior to market open on Friday, May 7, 2021. A results conference call will be hosted by Enerplus’ President & CEO, Ian C. Dundas, at 9:00 AM MT (11:00 AM ET) to discuss these results. Details of the conference call are noted below.

First Quarter of 2021 Results Live Conference Call Details

Date:     

Friday, May 7, 2021

Time: 

9:00 AM MT (11:00 AM ET)

Dial-In: … Continue Reading

Inter Pipeline Announces April 2021 Cash Dividend

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CALGARY, AB, April 9, 2021 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today the declaration of a cash dividend of $0.04 per share for April 2021. This dividend will be paid on or about May 14, 2021 to shareholders of record on April 22, 2021. This dividend is designated as an “eligible dividend” for Canadian tax purposes.

Since inception, Inter Pipeline has distributed approximately $6.2 billion in cash payments to investors. Inter Pipeline’s objective is to provide investors with sustainable monthly cash dividends, with dividend growth upside tied to the development of Inter Pipeline’s portfolio of … Continue Reading

McCoy Global Announces Receipt of US$1.9 million Payroll Protection Program Loan

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EDMONTON, AB, April 9, 2021 /CNW/ – McCoy Global Inc. (“McCoy,” “McCoy Global” or “the Corporation”) (TSX: MCB) today announced the Corporation’s application for second round funding under the US Paycheck Protection Program Loan (PPP) of US$1.9 million has been approved and funded.

The loan bears interest at 1.0% and is payable in forty-four (44) equal monthly payments of US$50 thousand beginning August 31, 2022 and maturing on March 31, 2026. A portion or all of the loan proceeds may be forgiven in accordance with certain US Treasury guidelines. The Corporation estimates that, based on US Treasury Guidelines … Continue Reading

Blackheath Resources Inc. and Wolverine Energy and Infrastructure Inc. Announce Closing of the Subscription Receipt Financing by Green Impact Operating Corp.

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EDMONTON, AB, April 8, 2021 /CNW/ – Blackheath Resources Inc. (TSXV: BHR) (“Blackheath“) and Wolverine Energy and Infrastructure Inc. (“Wolverine“) (TSXV: WEII) are pleased to announce the closing of the brokered private placement of subscription receipts (the “Subscription Receipts“) of Green Impact Operating Corp. (“BR Subco“), a wholly owned subsidiary of Blackheath, as previously announced on February 16, 2021, for aggregate gross consideration of $100 million, pursuant to an agency agreement with a syndicate of agents including RBC Dominion Securities … Continue Reading

PetroShale Announces Closing of Previously Announced Rights Offering, Private Placement and Recapitalization Transaction

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CALGARY, AB, April 8, 2021 /CNW/ – PetroShale Inc. (“PetroShale” or the “Company“) (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce the closing of its previously announced recapitalization transaction (the “Transaction“), which included a private placement of additional equity (the “Private Placement“), a rights offering (the “Rights Offering“) and the exchange of all outstanding Preferred Shares (which had been issued by the Company’s wholly owned subsidiary) for common shares (the … Continue Reading

AltaGas Ltd. to Issue First Quarter 2021 Results and to Hold Virtual Annual Meeting of Shareholders

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CALGARY, AB, April 8, 2021 /CNW/ – AltaGas Ltd. (“AltaGas”) (TSX: ALA) will release its 2021 first quarter financial results on Thursday April 29, 2021 before markets open. A conference call and webcast will be held the same day to discuss the financial results and other corporate developments.

Time:

8:00 a.m. MT (10:00 a.m. ET)

Dial-in:

1-647-427-7450 or toll free at 1-888-231-8191

Webcast:

https://www.altagas.ca/invest/events-and-presentations

Shortly after the conclusion of the first quarter call, a replay will be available commencing at 10:00 a.m. MT (12:00 p.m. ET) on April 29, 2021 by dialing 403-451-9481 or toll free 1-855-859-2056. … Continue Reading

Enerplus to Acquire Strategic Williston Basin Assets, Updates 2021 Guidance and Provides Five Year Outlook

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CALGARY, AB, April 8, 2021 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX: ERF) (NYSE: ERF) today announced that it has entered into a definitive agreement to acquire assets in the Williston Basin from Hess Corporation for total cash consideration of US$312 million (the “Acquisition”). In connection with the Acquisition, the Company has updated its 2021 guidance including an increased production outlook due to operational outperformance year to date. The Company has also provided a five-year outlook based on principles of maintaining low financial leverage, generating meaningful free cash flow and returning capital to shareholders.

ACQUISITION HIGHLIGHTS

  • Core
    • … Continue Reading

    Inter Pipeline Announces Changes to Reporting Structure and First Quarter 2021 Results Conference Call and Webcast

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    CALGARY, AB, April 8, 2021 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) announced today it will report first quarter 2021 operating and financial results under a new business structure to align with how it manages budgets and commercially operates its business. Inter Pipeline was previously organized into four businesses: oil sands transportation, conventional oil pipelines, NGL processing and bulk liquid storage. Effective January 1, 2021, these four segments have been repositioned into four new segments: transportation, facilities infrastructure, marketing and new ventures.

    Planned in early 2020, and approved by the Board in October, the reorganization integrates … Continue Reading

    NG Energy Announces the Commencement of OTCQX® Trading

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    VANCOUVER, BC, April 8, 2021 /CNW/ – NG Energy International Corp. (the “Company” or “NGE“) (TSXV: GASX) (OTCQX: GASXF) is pleased to announce that its common shares are now trading on the OTCQX® Best Market under the ticker symbol “GASXF”.

    NGE has upgraded to OTCQX from the Pink® market. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com/stock/GASXF.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.  For companies listed on a qualified international exchange, streamlined market standards enable … Continue Reading

    Stampede Drilling Inc. Announces Changes to Board of Directors

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    CALGARY, AB, April 7, 2021 /CNW/ – Stampede Drilling Inc. (“Stampede” or the “Corporation”) (TSXV: SDI) announces that it has appointed Mr. Murray Hinz to its Board of Directors.

    Mr. Hinz is a Chartered Accountant with over 25 years of experience as a senior executive and providing business financial advisory services. Mr. Hinz is currently the Sr VP Finance & Administration of Parvus Therapeutics Inc. Before joining Parvus, Mr. Hinz was CanElson Drilling Inc’s first Chief Financial Officer prior to becoming an Advisor to their Senior Executive team, providing finance, business development, risk management and corporate governance support. Mr. … Continue Reading

    VVC Exploration Continues Expansion of Helium Portfolio, Acquiring New Gas Property in Kansas, U.S.

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    TORONTO, April 7, 2021 /CNW/ — VVC Exploration Corporation  (TSX-V:VVC)  has announced the addition of a new helium property in its recently acquired, wholly owned subsidiary, Plateau Helium Corporation (“PHC”), a Wyoming corporation.  The transaction bolsters VVC’s ability to capitalize on the growing demand for helium, driven by increased global usage.

    The new helium property, known as the Monarch Lease, was purchased from Monarch Petroleum (“MP”), with MP retaining a 3% royalty in the shallow well rights from surface to 3100 feet (the “Shallow Rights”) and a 50% non-operated working interest in the deep oil and gas rights below … Continue Reading