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MIL-OSI: InPlay Oil Corp. Announces Accretive Strategic Cardium Acquisition, $10 Million Equity Financing and Increased Senior Credit Facility

MIL-OSI: InPlay Oil Corp. Announces Accretive Strategic Cardium Acquisition, $10 Million Equity Financing and Increased Senior Credit Facility
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Cardinal Energy Ltd. Honours the National Day for Truth and

Cardinal Energy Ltd. Honours the National Day for Truth and
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Surge Energy Makes 'Exciting Reentry' with Astra Oil Acquisition

Surge Energy Makes ‘Exciting Reentry’ with Astra Oil Acquisition
Surge Energy had previously exited the region through the sale of its southeast Saskatchewan and Manitoba assets in 2015 to Torc Oil & Gas for CA$430 million.
Hart Energy Staff
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Surge Energy Inc. agreed to acquire Astra Oil Corp., which the company said represents an “exciting reentry” into southeast Saskatchewan for the Surge team.
The Astra acquisition will be funded through the issuance of Surge common shares and the assumption of approximately CA$15 million of net debt for total consideration of roughly CA$160 million. The assets include more than 4,100 boe/d (90% liquids) of operated, light oil production with an operating netback of more than $42 per boe at US$65 WTI pricing. ....

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Pembina and Inter Pipeline to Combine Highly Integrated and Complementary Businesses to Accelerate Long-term Strategic Plan

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All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization ( adjusted EBITDA ), and adjusted cash flow from operating activities ( adjusted cash flow ), which are financial measures that are not defined by Generally Accepted Accounting Principles ( GAAP ). For more information about these metrics, see Non-GAAP Measures herein.
CALGARY, AB, June 1, 2021 /PRNewswire/ - Pembina Pipeline Corporation (TSX: PPL) (NYSE: PBA) ( Pembina ) and Inter Pipeline Ltd. (TSX: IPL) ( Inter Pipeline ) announced today that they have entered into an arrangement agreement for Pembina to acquire all of the issued and outstanding shares of Inter Pipeline in a share-for-share transaction (the Transaction ), which values Inter Pipeline common shares at approximately $8.3 billion, or $19.45 per share, based on the closing price of ....

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Canada a Growing Player in 'COVID-Proof' Global Propane Markets - Deborah Jaremko - Energy News for the Canadian Oil & Gas Industry

Canada a Growing Player in 'COVID-Proof' Global Propane Markets - Deborah Jaremko - Energy News for the Canadian Oil & Gas Industry
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