Difficulties accessing capital is holding back many Canadian Indigenous communities’ efforts to fully participate in natural gas sector projects, panelists participating in a special webinar said last week.
Mark Carney, the former governor of the Bank of Canada, drew a line to decades ago, when illustrating the current emphasis of the energy sector.
Cathedral Energy Services Ltd. is continuing its run of acquisitions, announcing this morning that it has entered into an agreement to acquire the directional drilling services business of Altitude Energy Partners, LLC, a portfolio company of Black Bay Energy Capital, LLC, for a purchase price of approximately US$100 million payable in a combination of cash and common shares of Cathedral.
You’ve heard of the WPC: the World Petroleum Congress?
MEG Energy Corp. appointed Gary Bosgoed to its board of directors and announced the retirement of Grant Billing.
A partnership between FortisBC Energy Inc., Suncor Energy Inc. and Hazer Group Limited will bring a “groundbreaking new technology to the province” to produce clean burning hydrogen from natural gas.
Coelacanth Energy Inc.’s board of directors approved the granting of incentive stock options under its stock option plan to acquire up to an aggregate of 3.9 million common shares of the company and the granting of restricted share units (RSUs) under its restricted share unit plan to obtain up to an aggregate of 1.95 million common shares to certain of its directors and officers.
InPlay Oil Corp. announced that the term out date and borrowing base redetermination applicable to the revolving line of credit (Tranche A and operating facilities) under the company’s senior credit facility has been extended from June 30, 2022 to July 29, 2022.
Helium Evolution Incorporated has granted stock options under the company's stock option plan to certain directors, officers and consultants.
Pine Cliff Energy Ltd. announced that it has repaid in full, all term debt and insider debt as of June 30, 2022.
Vermilion Energy Inc. announced that the Toronto Stock Exchange (TSX) has approved the notice of Vermilion's intention to commence a normal course issuer bid (NCIB) through the facilities of the Toronto Stock Exchange, New York Stock Exchange and other alternative trading platforms in Canada and U.S.